From H&H Group's appointment of a new CEO to South Korea's nutraceutical industry trends and developments, here are the most-read stories in June 2023.
Health and Happiness Group (H&H Group) has appointed a former Coty, Reckitt Benckiser exec as its new CEO, while its flagship nutra brand Swisse has smashed the $1bn sales barrier.
Danone China has launched an electrolyte drink on the back of booming demand, adding that the category is the fastest growing in China's beverage sector.
Sanofi Consumer Healthcare Korea is working with AB–BIOTICS to launch probiotics that deliver benefits beyond gut health in South Korea — a market which is said to have a higher acceptance of using probiotics for a wider range of therapeutic purposes.
Indonesian supplement brand Youvit is innovating with new product formats after expanding significantly in the Malaysian market on the back of funding led by the venture capital and private equity arm of Unilever.
The nutraceutical market in South Korea is thriving despite inflationary pressures and an economic slowdown, largely due to the 'evergreen' demand for body fat reduction, immune support, as well as rising interest in joint and bone health supplements, says a raft of industry experts from AceBiome and Amway Korea.
China's State Administration for Market Regulation (SAMR) has proposed new regulations for health foods advertisements, such as banning the use of scientific research reports and clinical evidence.
Biostime's newly approved infant formulas in China are using osteopontin from bovine milk, also known as lactopontin (LPN), as one of the key ingredients, said parent firm Health and Happiness Group (H&H Group).
The supplementation of collagen peptide has shown to reduce exercise-induced muscle soreness and fatigue in middle–aged men, making it a potential sports nutrition candidate, said researchers from Japan.
The number of health supplements registered in Malaysia has been on the rise in recent years, but those classed as natural products, which consist of herbal remedies, has hit five–year low, according to a report released by the country's health ministry.
Chinese authorities have proposed stricter protein requirements for milk and formulated milk powder products designed for children, adults, and the elderly.
