From Thailand's botanical export strategies to China's infant formula market forecast, here are the 10 most-read APAC nutrition industry news in March 2023.
The Thai government will be ramping up the export of Andrographis, turmeric, and Thai black ginger into the neighbouring South East Asian markets for use in both herbal medicines and topical applications.
Haleon, the maker of vitamin and mineral supplement brands Centrum and Caltrate, said revenue growth haw gone up by over 20 per cent for its VMS portfolio in South East Asia, Taiwan, and India.
It will mostly be the major domestic players and MNCs that will thrive in China's infant formula market in the upcoming years, claim experts, citing a raft of reasons such as a more stringent regulatory environment, negative population growth, and an under-performing economy as hurdles for other firms.
Junlebao Dairy Group has launched its Nutrition Science Strategy, aiming to strengthen the science behind its products, as well as to identify novel functional ingredients.
India's food and nutraceutical regulator is ordering a special enforcement drive to curb the flow of non-compliant products, such as those exceeding the Recommended Daily Intake (RDI) nutrient levels, containing ingredients that are not permitted, and making misleading claims, said a former director of the regulatory body.
From emerging sales channels for functional foods and supplements such as vending machines, to fears over unregistered products being sold online, as well as industry concerns over advertising and ingredient rules, the Malaysian industry is currently hotbed of activity.
A Thai firm is on a mission to boost the overseas profile of the industry by launching its blood sugar-regulating product in the world's two largest economies – the US and China.
Whey protein supplementation could raise the effectiveness of resistance exercise by boosting increases in muscle mass, muscular strength and endurance, say Korean researchers.
Swisse says that the sales of its vitamin and mineral supplement products are growing faster than the market rate in key markets such as China, Australia and New Zealand, and that it is expecting more room for growth in South East Asia.
Thailand's nutraceutical market is witnessing an influx conglomerates entering the space, the engagement of K-pop celebrities in product marketing, as well as a boom in the much-talked about cannabidiol (CBD) business, our exclusive in-depth report reveals.
