Blackmores is continuing to suffer from a slump in Australian sales to ‘daigou’ buyers, with overall net profits dropping by 42.8% year-on-year, according to figures for the first nine months of its financial year.
DSM has dubbed its forthcoming Innovation Partnering Conference a "win-win" for itself and nutrition entrepreneurs as it looks to unearth the rising stars of fermented foods and bio-preservation.
China’s food industry can no longer rely on vast volume growth from mass market items and will increasingly have to focus on innovation around personalised, healthy and functional nutrition products to boost its fortunes.
Companies seeking to launch products in China have been told they have to be in it for long haul and make extensive preparations, ‘instead of turning up at Shanghai airport and asking trade officials for a list of distributors’.
Vitamin boss Marcus Blackmore has given $10m to the National Institute of Complementary Medicine (NCIM) at Western Sydney University in a 'no strings' donation to undertake research into complementary medicine.
The CEO of Australia’s largest independent vitamin retailer has argued the industry is missing too many opportunities to maximise supplement sales and deliver high-quality customer service.
China’s Commerce Ministry appears to have halted plans for more stringent cross border e-commerce rules, meaning many goods will still be regarded as personal trade, rather than for commercial distribution.
Which consumer trends will be important for your business? Are European markets too fragmented? What is in store for your category? How are EU rules affecting your prospects? To gauge our readers’ views on these – and many more questions - NutraIngredients...
Vitamins manufacturer Blackmores was fined AUS$65,000 (US$50,000), and publicly named and shamed by authorities in China for breaching strict advertising laws.
Authorities have not paid enough attention to the issue of supplement contamination, failing to sufficiently investigate this issue, according to Luca Bucchini.
Gaining a greater understanding of Singaporeans' understanding of supplements – and the types of services and advice they want pharmacists to provide – has become a key focus for Blackmores Institute as it prepares to host its first symposium in...
Herbalife has reached an agreement in principle to form a joint venture with Traditional Chinese Medicine (TCM) products and services firm Tasly Holding Group.
Shanghai-based nutraceutical and functional foods supplier Acerchem International is to establish a European R&D and manufacturing centre in Swansea, South Wales.
Net profits at supplements manufacturer Blackmores slumped by 42% in the first of half of the financial year, with the firm reporting reduced demand from Chinese ‘daigou’ shoppers who buy in Australia and then ship goods back to their homeland.
One of the world’s biggest makers of nutritional ingredients, Royal DSM, saw pre-tax profits increase by 17% last year, with a strong performance from its nutrition division.
Dairy and nutritional ingredients firm Glanbia has confirmed two strategic acquisitions that will enhance its performance nutrition division by bringing a greater focus on plant-based foods and direct-to-consumer sales.
New Zealand supplement firm Better Health Co, which owns the GO Healthy brand, has sold an 80% stake to an Asian private equity fund to help it tap into international markets.
Nutritional ingredients specialty distributor, Gee Lawson, has merged with Lehvoss UK allowing it to enlarge its international market reach effectively.
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.
Curcumin can become as big as omega-3, according to the boss of Indian nutraceutical supplier OmniActive, which has recently received a significant funding boost and made a high-level acquisition.
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.
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.
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.
Oxford researchers behind a novel performance-enhancing ketone drink get around an email a day from sports teams hoping to buy the product – and another 20-30 unnamed professional teams have already been involved in research trials with the product.
The European Specialist Sports Nutrition Alliance (ESSNA) is lobbying for two different solutions to the EU caffeine claim hold up, one of which could see use of the claims limited to sports supplements only.
Antarctica is the southernmost continent on Earth. But while it may be isolated, it is far from insulated and use of its resources like krill has mirrored global political flares from the fall of the Soviet Union to the rise of Chinese state-backed industry.
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.
‘We want to enable countries to look after their own children’
Gone are the days when the supply of humanitarian nutrition products relied on just a handful of western companies. UNICEF is pushing its supply of Ready to Use Therapeutic Food (RUTF) into a more competitive future driven by local suppliers ready to...
Economic impact assessments for malnutrition are helping present a “convincing argument” for nutrition investment, says a top economist from the UN’s Food and Agriculture Organisation (FAO).
The Belgian government has set its own maximum levels for added nutrients in foods and supplements in a draft decree that sees yet more national divergence from the road to pan-EU levels.
A pan-EU sustainable food project sees Israeli astaxanthin supplier Algatechnologies, champion of pea protein Roquette and Dutch nutrition giant DSM among its 50 partners that will invest close to €1.2bn over the next seven years.
Start-up Bio-marine Ingredients Ireland (BII) hopes to become a major new supplier of lipids, protein and calcium powders following an initial €15m investment in its plant.
U2 band members Bono and The Edge have been named as major investors in Nuritas, the much-hyped Irish biotech start-up planning to triple its workforce in 2017.
There is a huge hypocritical disconnect between the advice given by some sports clubs against supplement use and the sponsorship deals they sign, says certification body Informed-Sport.
The success of chia and quinoa has opened the door for other less-known ancient grains, but one South African company exporting teff is wary of a boom and bust effect.
Arla Foods Ingredients has developed an on-trend whey protein iced coffee concept that it is confident will be “on the market and available to consumers very soon”, but can it dispel negative perceptions around whey protein drinks?
