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Trends > Financial plays

Romania goes beyond EU minimum with infant formula restrictions

Romania wants to ban the promotion of infant formula products for children up to the age of two years, but it remains to be seen whether this draft law will...

Infant nutrition firm Ausnutria eyes record profits on back of sales boom

Hong Kong-listed infant nutrition company Ausnutria Dairy Corporation is forecasting record profits of around RMB135m (USD $19.8m).

Whey appetite quenched thanks to amino mix: Research

The satiating effect of whey protein may be because of its specific amino acid composition, New Zealand researchers have said.

‘Socially irresponsible’: UK agency bans Diet Chef advert

The UK’s Advertising Standards Agency (ASA) has banned an advert from diet plan company Diet Chef after 26 viewers complained the advert exploited women’s insecurities about their bodies.

Authorities probing alleged insider trading in lead up to Vitaco takeover

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.

Krill fishery unaffected (for now)

Fishing banned in world’s largest Marine Protected Area in Antarctica

Fishing will be banned in a newly protected area of the Southern Ocean in Antarctica the size of the UK and France combined following an agreement at a Commission for the Conservation...

Can Mead Johnson sustain China growth to offset emerging troubles?

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...

Cargill pairs with start-up to make spirulina from malt waste

Cargill has partnered with a French start-up to turn waste water and CO2 from one of its malt production plants into spirulina production ‘fuel’.

Nuritas lands €3m EU grant for diabetes-fighting peptide

Irish biotech firm Nuritas has secured a €3m EU grant to continue research on an unnamed peptide it says is a major breakthrough in diabetes prevention.

Protein quality matters for muscle building, says review

The quality of protein and its leucine content has a significant influence on muscle building with resistance training, a review has found.

Sweden to create special supplement e-commerce task force

Sweden is creating a taskforce to bring rogue supplement e-commerce in check, something industry hopes will help close the gap between on and offline standards.

Blackmores Q1 results: Daigou downturn leads to sharp sales drop

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...

2015-16: Full year profits up 13% to €184m

‘When your neighbour’s land is for sale you need to act’: Chr Hansen CEO on €73m acquisition

The €73m acquisition of a library of 3,200 probiotic strains will open up opportunities in children’s immune health, Chr Hansen’s CEO says as the firm posts 13% profit growth from last year.  ...

Korean menopause botanical blend wins EFSA backing

The European Food Safety Authority (EFSA) has said a herbal root mix is safe for use in menopause food supplements.

Chinese takeover of Vitaco edges closer as regulator hurdles are cleared

Australian supplement firm Vitaco has cleared a number of regulatory hurdles, paving the way for its takeover by Chinese investors. 

French flavour firm buys nutrition partner

French flavours firm Robertet has completed its acquisition of melon extract producer Bionov, bringing products marketed to combat stress and cellulite into its portfolio. 

EFSA considers Mitsubishi’s antioxidant salt following member state concerns

The European Food Safety Authority (EFSA) has taken the reins in the safety evaluation of Mitsubishi’s novel antioxidant salt ingredient following member state toxicity concerns. 

Senior spotlight: Tetra Pak taps into what beverage makers should know about this key generation

For the latest edition of Tetra Pak’s annual Consumer Generations Whitepaper series, the packaging giant interviewed more than 40,000 people and gathered insights from 27 different developed and developing countries,...

EFSA health claim

18th claim win for SNE: Calcium helps build healthy baby bones

The European Food Safety Authority (EFSA) has approved another extension of an adult health claim this time for calcium and the normal development of bones for children under three.

Feature

Nitrogen spiking: The loophole jeopardising protein’s podium place

The European sports nutrition industry is calling for a ‘protein spiking’ loophole to be closed, but if there is any Brussels movement it is likely to be slow and this...

Nutra futures

Top 10 nutrition start-ups

Venture Scanner says 2016 is on pace to be one of the best years ever for health and nutrition start-up investment. We scan the most promising Venture Scanner ventures...

UPDATE: Two killed, one still missing in BASF explosion

Two workers have been killed, one person is still missing and eight have been seriously injured in the explosion at a BASF plant in Ludwigshafen, Germany yesterday. 

'We find it strange ‘methodological limitations’ claimed by the panel were not specified'

‘Highly unsatisfactory’: Probi takes claim complaints to EC

The European Commission has asked the European Food Safety Authority (EFSA) to consider concerns raised by Swedish supplier Probi about the treatment of its rejected probiotic health claim.

News in brief

New Italian-Swedish biotech network promotes probiotics

Four companies have come together to form the biotech network Sacco System, with probiotic quality one of their core focus areas.

Antioxidant vitamin health claim authorised

EFSA backs E for infants

The European Food Safety Authority (EFSA) has extended its approval of a health claim for vitamin E and protection from oxidative damage for adults to include young children.