Reckitt Benckiser Group plc (RB) has confirmed it is in ‘advanced negotiations’ to acquire all Mead Johnson Nutrition shares for $90 each in cash, valuing Mead Johnson’s entire share capital at approximately $16.7bn.
Amway has revealed it plans to open a further 50 stores in India, but has vowed to remain a direct-selling company with sellers “the key point of distribution”.
Infant nutrition company Mead Johnson saw sales in Asia – its largest region – slip 9% year-on-year, 5% on a constant dollar basis, to $1.856bn – although the company recorded ‘strong sales growth’ in its key China market.
The decision by the Food Safety and Standards Authority of India (FSSAI) to approve DHA and ARA-enriched infant food was a crucial factor leading to Danone’s ambitious growth plans for the country.
Aptamil, one of Danone’s infant formula brands sold in 45 countries, has been launched in India, with the company saying it plans to produce local supply at the company’s Lalru, Punjab facility.
Hyderabad-based nutritional supplements maker Genmedic Healthcare Pvt Ltd received an investment boost from the ad-for-equity investment arm of media firm Bennett, Coleman and Company Ltd (BCCL), Brand Capital.
Replacing CEO Laura McBain hasn’t seen the end of financial turmoil at Australian infant formula manufacturer Bellamy’s with shares continuing to slide amid gloomy forecasts from analysts.
BASF’s Nutrition & Health Division has opened a new technical application lab in Singapore to provide analytical services and product development support to customers across the region.
Like its more popular New Zealand version, Australian Manuka honey has also been found to contain powerful antibacterial properties, leading to hopes it could tap into the lucrative medicinal honey market.
Indian-based but global-facing herbals player OmniActive Health Technologies has won a $35 million (€33m) investment from venture capitalist Everstone Group, as it pursues expansion and acquisition targets.
Demand in Asia Pacific for for anti-aging supplements and products is driving global growth for antioxidants, presenting suppliers and manufactures with a lucrative opportunity to boost sales, new market research suggests.
Swisse Wellness chief executive Radek Sali will step down on December 31 as Hong Kong-listed Biostime International takes full ownership of the Australian firm.
The Federal Court of Australia has approved the takeover of vitamin firm Vitaco by Chinese investors, with the deal now officially entering the “completion stage”.
A Chinese financial website and a private equity fund have sealed a deal to raise capital form mainland China to invest in the US cannabis supplements and functional beverage sectors.
The sports nutrition market picking up the pace in Asia Pacific and can look forward to long-term growth, writes Allied Market Research analyst Ravi Chawat.
Nutrition has the power to make or break the vast majority of the UN’s Sustainable Development Goals (SDGs) – but not enough nutrition or food firms are pledging to help solve the problems of hunger, malnutrition and micronutrient deficiencies.
Analysis of the top 20 claims of new health supplement launches in China between 2014-16 shows products targeting female and seniors are on the rise, with claims related to bone, cardiovascular and brain health increasing rapidly. But is this want consumers...
Minerals and dietary supplements are leading the nutrition industry’s charge in China, with vitamins lagging behind, according to a new report which suggests the total market will reach RMB124bn (USD$20bn) by the end of the year, up 12.2 % from 2015.
Danone’s Milupa Nutricia has signed a deal with online retailer windeln.de to better distribute its Aptamil infant formula brand in China as it seeks to thwart the booming grey market.
Hawaii supplement firm The Daily Wellness Company is preparing to launch its first products in China in early 2017 – and has signed a deal with TruTag technologies to authenticate its products.
Direct sales firm Arbonne is to officially launch in Taiwan this week, initially with a range of 10 nutrition products alongside its skincare offering.
US supplement firm Mannatech is entering the China market via e-commerce - a clear change in tack for the Texas company, which usually focuses on multi-level marketing or direct selling.
The Australian Securities and Investments Commission is investigating alleged suspicious trading in the run-up to the announcement of a takeover at Australian supplement firm Vitaco.
Australian manufacturer of pharmaceutical grade cannabis and hemp-based products Creso Pharma has sealed deals to launch its nutraceuticals in two European markets.
China has provided one of the few positive notes in Mead Johnson’s quarterly results, with bosses hailing “substantial progress” in the country, despite conceding that global growth would be slower than planned.
Net profits at Australian vitamin and supplement supplier Blackmores fell by 46.6% in the first quarter, with daigou sales – items bought by Chinese entrepreneurs in Australia to ship back to China – plummeting.
A joint venture between Blackmores and Bega Cheese to supply infant formula across APAC - and in particular China - has missed its sales targets, hitting Bega’s financial performance.
GNC could become the latest vitamin and supplement firm to have Chinese owners, with The Wall Street Journal reporting that the company has met with several interested parties.
In the first instalment of NutraIngredients–Asia's Business Monitor, we keep tabs on the latest developments at the region’s leading nutrition and supplement firms, featuring Blackmores, Swisse Wellness and Ausnutria.
The Japanese economy may be sluggish, but the country’s health food, nutrition and functional foods sectors are holding steady, with 10 key trends affecting the market.
The sports nutrition potential of New Zealand blackcurrants, the superfood status of Canadian maple syrup and the functional benefits of Canadian barley – these were three of the high-profile pitches at the HI Japan tradeshow from international organisations seeking...
Indian companies Vitalic Health and Athena Life Sciences have signed a joint venture to launch nutraceuticals and dietary supplements under the brand name 'Truuth'.
In the first of a two-part interview, DuPont’s Asia president for health and nutrition Dr Li Yongjing discusses the initial turbulence created by the ongoing merger with Dow, and explains why he believes the new relationship will make the firm better...
The rise of China’s functional food and dietary supplement industry is continuing to outstrip overall economic growth, and will continue to do so with sports nutrition and goods for the elderly likely to drive future increases.
The food industry needs to stop looking at challenges such as obesity, malnutrition and waste as costly challenges and see them as the opportunities for creating “$2 trillion of added value” as it strives to increase global production by 70% before 2050.
New Zealand’s a2 Milk Company has signalled its intention to branch out from infant formula into a broader range of dairy-based nutritional products – with the burgeoning China market very much in its sights.