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Trends > Financial plays

Indena sees potential in Romania and Moldova

Romania and Moldova may still be small markets, but Indena says it sees in them what it saw in Poland 20 years ago.

Sanofi to contest rebuffed sterol cholesterol claim, but it's no big deal

Sanofi-Aventis has said the European Food Safety Authority’s (EFSA) rejection of its application to broaden the already approved sterol-stanols cholesterol lowering claim to powdered supplements won’t affect the company commercially, but...

BASF nutrition and health jumps 7% to crack €2bn in 2013

‘Nutrition and Health’ was the best performing section within BASF’s ‘Performance Products’ division in 2013, posting a 7% gain on 2012 to push through €2bn in sales for the year.

News in brief

Raisio grows earnings by 14%

Plant-based nutrition firm Raisio has reported record earnings before interest and taxes (EBIT) of almost €40m in 2013.

Emerging markets drive probiotic expansion for Swedish player

A focus on emerging markets has paid off for Swedish probiotics supplier BioGaia with sales and profits up in 2013.

Infographic

Protein still sports nutrition king, but watch out

Protein is still the bedrock of sports nutrition says Euromonitor, but non-protein products are expected to grow faster in several important global markets like Australia, Canada and Indonesia.

Symrise bids for Swedish probiotic player

Symrise has given Swedish probiotic player, Probi’s board and shareholder’s about a month to sell it the remaining 70% it doesn’t own after making a formal bid today.

News in brief

Mérieux NutriSciences strengthens Latin American presence

Mérieux NutriSciences has acquired a Brazilian lab to expand business in Latin America.

Court overturns Herbalife pyramid case

Supplements giant Herbalife has won an appeal against a verdict back in 2011 which tarred the firm's recruitment and selling structure as a pyramid scheme. 

Leatherhead invests in GI health claim prospects

Leatherhead to invest in research for a Glycaemic Index (GI) health claim, which it plans to eventually present to EFSA. 

The European food industry: Health claims, recession and global competition

We gave the European food industry a check-up at this year’s Food Ingredients Europe (FiE), talking with some of the industry's top ingredients players about EU health claims, economic recovery and how to...

Dispatches from #FIE2013

A year of change for DSM’s OatWell

One year on from its acquisition of Swedish beta-glucan brand OatWell, DSM talks about entering into new markets and capitalizing on European health claims.

Swisse Wellness CEO hails ‘game-changing’ deal with PGT Healthcare: ‘It enables us to become that global wellness brand’

Premium products, mega-spend marketing, and global ambitions are driving growth for Swisse Wellness, says its CEO, days after inking a ‘game-changing’ deal with PGT Healthcare giving it access to over...

News in brief

Nestlé sells Jenny Craig weight management business in North America and Oceania to PE firm

Nestlé has sold its Jenny Craig weight management businesses in North America and Oceania to Connecticut-based private equity firm North Castle Partners for an undisclosed sum.

News in brief

Naturex growth slows in third quarter on currency pressures

Naturex has reported slower growth in the third quarter, mainly due to currency fluctuations, although revenue for the first nine months was still up 8.7% compared to the same period...

DSM profits rise 27% but nutrition space ‘sluggish’ as omega-3 bites

DSM has delivered a Q3 increase in EBITDA earnings of 27% across all its divisions despite “headwinds” like the ongoing economic flatline in Europe and elsewhere, challenging currency movements and rising ingredient...

Sweet sales future for fructose products?

EFSA backing of a blood glucose lowering health claim for fructose products spells good business prospects, Israeli supplier of the ingredient Galam Group has said.

NourishLife revokes Speak claims to follow National Advertising Division recommendations

A dietary supplement claiming to provoke remarkable speech gains in children has removed these claims from its website and is in the process of removing it from product packaging after...

Fytexia targets US expansion with new US-structure and Med Diet science

French raw material supplier Fytexia wants to more than double its US business within five years by bringing the benefits of the Mediterranean Diet to North America, as it opens...

Beyond caffeine: Alternative energy boosters

As consumer perceptions of caffeine shift and the threat of more market regulation looms, companies are scrambling to find the next blockbuster to cater to demand for energy-boosting products, says...

New firm seals deal on £35m omega-3 acquisitions

New London based supplement firm Burr and Burr has announced the completion of two brand acquisitions totalling £35m within the omega-3 health supplement sector.

UK sports nutrition: One year on from 20% beefcake tax hike

One year on from the 20% VAT hike for some sports nutrition products in the UK, NutraIngredients looks at what the move has meant for the UK industry.

News in brief

Tate & Lyle ‘compelling’ despite price: City

Tate & Lyle’s prospects remain encouraging despite the poor share price, news revealed today (October 4) in its trading update for the six months to September 30, says City analyst Investec.

Swedes invest €4.3m in Norwegian medical omega-3 player

Norwegian high-dose omega-3 player Smartfish is investing in new studies, an R&D facility and regional growth after winning a €4.3m (SEK35m) investment from a Swedish government-backed venture capital firm....

SOLD! GSK exits drinks market

Glaxo sells Lucozade and Ribena to Suntory for £1.35bn cash

Ever-expanding Japanese beverage behemoth, Suntory, is the new owner of Lucozade and Ribena, which GlaxoSmithKline (GSK) has sold for £1.35bn (€1.6bn/$2.11bn) as it admits defeat in its internationalisation plans and...

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