Canadian supplement firm Jamieson Wellness is targeting expansion in Asia on the back of a successful IPO, with its CEO identifying Asia's rising affluence and ageing population as two reasons for optimism.
New Zealand supplement firm Anagenix has secured an exclusive supply deal with Boysenberries New Zealand Ltd (BNZL), the largest marketer of boysenberries worldwide.
Blackmores' net profits fell by 42% to A$58m for the last financial year and sales slipped by 3% to A$693m, amid a significant decline in sales to Chinese consumers through Australian retailers.
Quebec-based probiotic maker Lallemand will announce a new range of probiotics designed for children and teenagers at the upcoming SupplySide West show in Las Vegas, September 26 to 29.
Blackmores chairman Stephen Chapman announced today the appointment of Richard Henfrey as the company’s new CEO, following the resignation of former CEO Christine Holgate.
Health product manufacturer TSI Group has announced the approval of the first ever China Food and Drug Administration (CFDA) Manufacturing Licence for β-hydroxy β-methylbutyrate (HMB) production in China.
Honey from a stingless bee species native to the Philippines is being touted as superior to mānuka honey, with a Singapore firm marketing products made from the former.
Network marketing company Nature’s Sunshine reported disappointing earnings yesterday, driven mostly by a protracted and difficult software switchover, according to management.
Beijing Sanyuan Foods Co. (Sanyuan) and Fosun Group (Fosun) have agreed to jointly acquire Brassica TopCo and PPN Management, the controlling shareholders of St- Hubert.
Investment interest in the dietary supplement industry remains high, with the latest news being the sale of majority control of The Nature’s Bounty Co. to private equity firm KKR.
Abbott says market conditions in China "remain challenging", following its report that its global nutrition sales decreased 0.6 per cent to $1.73bn in the second quarter.
Mannatech has launched its GlycoCafé coffee product in Korea, with the firm claiming it can improve cognitive function, provide antioxidant support and aid cardiovascular health.
Health and wellness concerns will spur sales of naturally functional foods in Australia, but major food firms need to “stop dawdling” and maximize the opportunities.
A new e-commerce platform and artificial intelligence (AI) have been identified as two of the key factors behind Amway’s hopes of achieving 15% of its sales online in the Philippines this year.
A chip style snack made with silkworm powder is to be launched in China, in what is believed to be the first edible insect-based packaged product to go on sale in the country.
The Chinese health food and supplements market is valued at US$30 billion and projected to grow by 10% every year until 2025, creating extensive opportunities for Australian firms, writes Carl Gibson, CEO of Complementary Medicines Australia.
Asia will fuel the growth of the omega-3 sector in the coming years, with the executive director of trade organisation GOED predicting the region could contribute an additional $20bn in sales.
Quatrefolic, the metabolically active form of folate, has been granted approval as a certified food additive by the South Korean Ministry of Food and Drug Safety (MFDS).
Blackmores CEO and MD Christine Holgate is leaving the supplements giant after nine years at the helm to take the top job at state-owned Australia Post.
Blackmores’ standing in China has received a boost after its Asia MD, Peter Osborne, was appointed vice chairman of the China Association for Quality Inspection’s (CAQI) advisory committee.
Indian botanical supplier Arjuna Natural Extracts Ltd has announced the completion of a new facility in Coimbatore, India, to produce its BCM-95 turmeric extract.
A commitment to consumer-focused research, educating partners in the sales chain, and investing in naturopaths appears to have helped cement Blackmores’ domestic standing despite a much-publicised slowdown in sales.
Functional beverage start-ups in Asia should not get fixated on making and securing official health and efficacy claims before launching, and could look instead to “wrap up” products alongside more holistic therapies such as Tai Chi.
A supplement company and its owner have been fined a total of NZ$526,500 for claiming the bee pollen it used was New Zealand-made, when in fact it was produced and processed in China.
Nutraceutical International Corporation’s longtime aggressive acquisition strategy has borne the ultimate fruit in the announcement today that the company will be sold to a private equity firm for $446 million.
Steady demand for Australian health products has prompted Melbourne-based probiotics specialist Evolution Health to invest heavily in China, with the firm now eyeing greater global expansion.
Hong Kong-listed infant nutrition company Ausnutria's total revenues have grown by almost one-third to RMB751.3 million during the first quarter of 2017.
A botanical cognitive health product designed by a spin-off from the University of Oxford will launch across Asia Pacific with the backing of an innovation development company.
Blackmores CEO Christine Holgate has gone on a charm offensive in China, highlighting the company’s and Australia’s growing ties with the country in terms of both trade and product development.
Herbalife has shaken off the lingering effects of a big-ticket settlement with the Federal Trade Commission with a relatively solid quarterly results statement that was welcomed by stock traders.
Blackmores is continuing to suffer from a slump in Australian sales to ‘daigou’ buyers, with overall net profits dropping by 42.8% year-on-year, according to figures for the first nine months of its financial year.
Infant nutrition firm Mead Johnson, which is in the process of being taken over by Reckitt Benckiser, saw sales in its core Asia markets tumble in the first quarter.
The growing population of older consumers in China and other countries bodes well for muscle-support ingredient Fortetropin, says the developer Myos Rens.
Asia’s food and nutrition companies risk turning their backs on a vast potential market if they fail to innovate and reformulate to provide products to help fight the war on diabetes.
Harnessing the heritage of Traditional Chinese Medicine with modern supplement and functional food trends can help Chinese companies boost growth at home and across Asia – providing it is backed by sound science.
At this year’s Natural Products Expo West, Trace Minerals Research launched a line of supplement straws. The company isn’t the first to play with this concept, but it certainly is one of very few. So what’s the appeal of dipping one’s toes into these...
While clinicians are increasingly aware of the evidence behind specific probiotic strains for a variety of conditions, restoring balance to a microbiome disrupted by diet, medications or illness often remains an area of confusion, writes Health World...
Major brands and millers have agreed to fortify wheat flour with iron, folic acid and vitamin B12 under India’s drive to boost nutrition levels through a mass fortification programme.
