The huge demand for vitamin C has sent stocks running low for retailers and the situation is further complicated by longer delivery times and more expensive freight costs.
Natural Products Expo West was supposed to be a launching pad for many new products. With the cancellation of the show and the many other coronavirus-related dislocations, natural products companies are scrambling to adapt.
The impact of Coronavirus on the manufacturing supply chain could affect worldwide revenue to the tune of €14 trillion this year as the nutrition industry sets about assessing the long-term ramifications.
A panel of science researchers has put up a list of key findings on the role of micronutrients in supporting the immune system, which firms can tap on to educate the consumers in light of the coronavirus outbreak.
One of the pioneers of the space topped $53 million in annual revenue, but also recorded a loss as the founders cashed out. The firm also said regulatory uncertainty has increased competition as numerous small brands crowd into the field.
Chinese health foods giant BY-HEALTH's FY19 revenue jumped 20.94% to hit RMB$5.2bn (US$748m), however performance from its Australian subsidiary Life-Space failed to meet expectations due to changes in China’s e-commerce law.
The FTC is revisiting its Endorsement Guides and seeking public comment on what changes might be needed as it initiates an enforcement action on health claims made by influencers.
Event organisers are to postpone this year’s Vitafoods Europe in response to the ongoing COVID-19 situation that has already forced several nutraceutical industry events to be rescheduled.
The a2 Milk Company said revenue from China was “above expectations” in Jan and Feb, but the ongoing COVID-19 outbreak had brought uncertainty to consumer demand and supply chain.
Drugs manufacturer Stada is to acquire fifteen of GlaxoSmithKline’s (GSK) consumer healthcare brands in a deal that includes its Cetebe vitamin C supplements.
A mega-merger between International Flavors & Fragrances Inc (IFF) and DuPont nutrition & biosciences unit will create a new industry giant worth more than $45 billion (€40.4 billion), say those involved in the deal.
The year 2019 was a solid one for the omega-3 business, with sales remaining steady. In the US, the market was mostly flat, but strong regional growth in the Asia-Pacific region and other emerging markets led to category growth overall.
Norwegian krill processor Rimfrost is to award a €100m (NOK 1bn) contract to Westcon to build a new krill fishing vessel that enables the production of food supplements at sea immediately after catching.
The European Specialist Sports Nutrition Alliance (ESSNA) today reveals a manifesto, in which it looks to match consumers with products that complement balanced diets and support active lifestyles.
DSM CEO Feike Sijbesma will step down next year, handing over his responsibilities to Geraldine Matchett and Dimitri de Vreeze as co-CEO’s in February.
Italian botanicals firm Indena is to sell its nutricosmetics business to Swiss flavours and fragrances specialist Givaudan in a deal that also involves a manufacturing and innovation partnership between the two firms.
A world-class line up of international experts in the microbiome, probiotics and prebiotics will take centre stage in Dublin this February as Probiota 2020 bridges the science and industry divide.
Croatian firm Atlantic Grupa is to sell two supplement brands to PharmaS in a continuation of the firm’s strategy to “divest non-core business operations and focus on key categories and brands”.
A telemarketing firm that sold health supplements at high mark-ups has been ordered by the High Court to liquidate after taking advantage of elderly customers.
Growing consumer awareness along with demand in animal nutrition is driving the overall growth of prebiotics, which a trade group says will account for $5.5 billion in sales in 2019. Better messaging can help maintain that momentum, the group says.
France’s National Union of Food Supplements, Synadiet says that it is ‘astonished at the total absence of consumer experiences’ in a report that warns the general public of poor quality supplements.
Biotherapeutics firm 4D pharma announces a collaboration with Merck & Co (MSD) in a deal that looks to develop vaccines that deliver live bacteria to the gut.
Plans to tax food supplements in Ireland will place these products and their benefits out of reach for people, especially those living with age-related macular degeneration (AMD), an experts says.
American ingredients business Rousselot is to reshuffle its segments in a move that places its collagen-based products at the forefront of the firm’s growth and direction.
Microalgae-derived ingredient specialists Algatech are to license the rights to the production of β-1,3-glucan from microalgae Euglena gracilis from US biotech firm F3 Platform Biologics.
After a number of delays, Ireland looks set to tax food supplements much to the dismay of industry groups, although the latest stumbling block appears to be which tax rate should the government apply.
NutraIngredients speaks to the top investors in the food and nutrition space to find out how entrepreneurs can get their big ideas onto pitching tables.
The food and nutrition space is hit by hundreds of innovations every day and investors in the field are being inundated with startup hopefuls wanting to pitch the next big thing for the market.
AB-Biotics is the subject of a €38m takeover bid by its largest shareholder Kaneka Europe, who are looking to acquire the remaining 60% of the Spanish probiotic specialists, valuing the firm at €63m.
French microalgae specialists Microphyt take a forward step in its expansion plans with €28.5m raised in its latest funding round that reaffirms investor confidence in the microalgae sector.
Venture capital firm Seventure Partners announce the creation of a fund to invest in start-up companies and SMEs that focus on sports-related food or nutrition products.
DuPont Nutrition & Health and Industrial Biosciences Businesses are to merge in €5.6bn creation of the Nutrition & Biosciences business unit spread across 70 manufacturing sites and 25 innovation centres worldwide.
Poland’s Office of Competition and Consumer Protection (UOKiK) is to initiate proceedings against Solgar Polska after the authority accuse the firm of supplement price-fixing within the country.
With ever-blurring lines between the food and pharmaceutical space, the NutraIngredients team asked experts at our recent Probiota conference how they believe the microbiome space will develop in the future.
Chilean omega-3 concentrates manufacturer Golden Omega has acquired OmegaTri AS, the Norwegian developer of an innovative omega-3 compressible powder technology.
Official controls on supplements sold over the Internet remain ‘limited,’ a European Commission (EC) report concludes, with non-compliance mainly related to labelling and health claim requirements.
Nordic food and ingredients group Orkla today (29 March) unveiled a slate of acquisitions that, it said, reflected its strategy to invest behind priority areas.
The supply of dietary ingredients is an earnings bright spot for Innophos as the company continues to transform from commodity chemicals supplier into a nutritional player.
Microbiome science is mature enough to enter the pharma field, according to the CEO of a microbiota-focused drug developer, who presented at Probiota Copenhagen earlier this month.
DuPont Nutrition & Health and Lonza Consumer Health & Nutrition are to join forces to manufacture and supply human milk oligosaccharide (HMO) in a deal that looks to meet rising demand in a €44bn global infant nutrition sector.
Glanbia plc released its 2018 financials this week, revealing growing profits on the back of a few high-profile acquisitions. The nutritional ingredients and dairy business is dipping into the non-dairy sector and reorganizing its board of directors in...
Microbiome-based personalized food start-up Viome has entered into an agreement to buy fellow personalized nutrition company Habit from Campbell Soup Company.
South Korean organic produce distributor Ewha Company is planning to go international with its food brand Nature Food's signature red ginseng product, having China firmly in its sights.
The chief executive of Irish nutrition company Glanbia has revealed the firm has begun stockpiling supplies in the UK in the likely event of a no-deal Brexit.
The Irish government is to move ahead with plans to tax food supplements such as probiotics and Omega 3 fatty acids on the 1st March with the publication of guidance on the impending changes.
