DuPont is targeting innovation at both ends of the age spectrum as it seeks to meet the vast needs of Asia's ageing societies, while also helping infant formula firms overcome considerable pricing and regulatory challenges.
UK firm OptiBiotix has signed a deal with Taiwan-based probiotic research company Bened Biomedical, marking the former’s foray into the gut-brain axis area of microbiome research.
The 2020 Olympics, 2019 Rugby World Cup, and the ageing population are contributing to ‘huge demand’ for protein products across Japan's sports nutrition and functional food space.
Taiwanese supplement manufacturer Phermpep, which produces kefir-based finished products and ingredients for improved bone and heart health, will launch in its first international markets later this year.
Botanical ingredient and analytics firm ChromaDex has partnered with Hong Kong-based retailer AS Watson to launch its US-made dietary supplement TRU NIAGEN in Asia.
Chinese supplier Guilin Layn Natural Ingredients plans to capitalise on the growing prevalence of health-conscious consumers to bring its monk fruit-based sweetener to Japan and Europe.
Supplement and functional food firms must appeal to consumers’ emotions if they want new products to sell well in Asia's more developed nations, according to Frost & Sullivan’s Asia-Pacific director Natasha Telles D’Costa.
Supplement firms looking to set up shop in China should not buy into local businesses’ promises of guan xi (connections), and should be mindful that it could take up to four years of preparation to enter the market.
New players in the market and groundbreaking technology will lead to a wave of personalised nutrition innovation across Asia, according to a panel of experts at Vitafoods Asia.
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.
Australian regulator the Therapeutic Goods Administration (TGA) has released a draft bill covering new supplement laws, including a third approval pathway for higher-level health claims.
Trade body Complementary Medicines Australia (CMA) is to host a delegation from the China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE) at its annual conference next month, as the Aussie industry seeks to build...
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.
The ever-growing importance of e-commerce sales for supplements in APAC was underlined in our first state of the industry survey, with almost 70% of respondents believing the channel will ultimately become as important as brick-and-mortar retail.
The failure to register intellectual property (IP) rights on time is a common problem for foreign supplement and functional food companies in China, according to global co-head of CMS Life Sciences Sector Group Nick Beckett.
The raft of new supplement and functional food regulations introduced in the past two years, or those imminently pending, have been broadly welcomed by the industry in APAC, according to the findings of our inaugural State of the Supplements, Health &...
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.
Dutch multinational firm Royal DSM has announced two new appointments to its APAC team: effective 1 September, Pieter Nuboer will be the Asia-Pacific VP of Animal Nutrition & Health, while André Rhoen will be the Asia-Pacific VP of Human Nutrition...
Three out of four respondents in the first NutraIngredients-Asia State of the Supplements, Health & Nutrition Survey believe their firms will post better financial results this year than last.
China’s Food and Drug Administration (CFDA) has announced the second batch of infant nutrition companies and products that have been approved under its new registration programme.
Network marketing company Nature’s Sunshine reported disappointing earnings yesterday, driven mostly by a protracted and difficult software switchover, according to management.
From trademark squatters to distributor disputes, there are a number of key threats that new entrants to China’s rocketing supplements market need to be aware of, according to a new report.
China’s Food and Drug Administration (CFDA) has announced the first wave of infant nutrition companies and products that have passed its new registration programme, and are now free to trade in the country from January 1, 2018.
The Asia-Pacific beta-glucan market will increase from US$65.21 million to $109.54 million by 2022 due to soaring demand for nutraceuticals and functional foods, according to analysts.
An internal investigation into business practices in China has taken some of the air out of the balloon of Usana Health Sciences, as the company’s stock price declined after an earnings report that was lower than analysts’ estimates. And a launch of a...
Singapore’s government enterprise body SPRING is joining forces with economic development agency Primary Industries and Regions South Australia (PIRSA) to collaborate on functional food innovation.
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.
Nutraceuticals and infant formula are now New Zealand’s largest and fastest-growing food and beverage export sectors, with a new government-backed report tipping them for sustained growth and greater financial investment.
The Food Safety and Standards Authority of India (FSSAI) has assured industry players that any concerns regarding the new standards for nutraceuticals and health supplements will be addressed.
Creating products based on personalised nutrition and sustainable functional foods from waste products, along with improving shelf life by using new technology, offer the biggest growth opportunities for Australian nutrition and food firms in an increasingly...
Regulators in Australia and New Zealand have permitted isomalto-oligosaccharide (IMO) as a novel food for use in a range of food and beverages, including sports nutrition and meal replacement products.
Immunity-boosting health products for older adults have massive ‘untapped potential’ in Asia, and especially in China, with less than 1% of new launches in the past five years being specifically created for the over 55s.
The UN's World Food Programme is seeking to improve the nutrition of 1.9 million children and women in war-torn Yemen by delivering targetted supplementary feeding programmes in the Middle East's poorest nation.
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.
Officials behind India's new goods and services tax (GST) have been accused of a major oversight for failing to set a dedicated rate for supplements, which means they are now subject to more tax than the industry had anticipated.
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.
New Zealand's long-awaited Natural Health Products Bill is unlikley to be put before parliament before September's election, according to the Ministry of Health.
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).
Ingredient firm Barentz International is seeking to increase its nutrition and fortification opportunities in India by linking up with Noida-based pharma company Jubilant Life Sciences.