The world's biggest vitamin and supplements maker Numico is the
latest company this week to post a slide in first-half profits well
below expectations. The company was severely hit by weak US vitamin
sales with the Rexall Sundown...
Pharmaceuticals giant Roche this week reported a 28 per cent fall
in net profits for the first half of the year. The Swiss company
saw net profit fall from SF2.5billion to SF1.8billion, partly due
to a 39 per cent drop in operating...
The German pharmaceuticals group reports that sales in the first
six months of 2002 rose 21 per cent on the previous year to €3.7
billion while operating income showed growth of 48 per cent to €495
million. Business in the US was...
An increase in the number of outlets, as well as good growth in
sales from existing stores, helped natural foods retailer Whole
Foods Market to a 37 per cent hike in profits in Q3.
An increasing willingness to try alternative medicines, especially
among women, is set to drive sales of vitamin and mineral
supplements across Europe, according to a new report from market
analysts Datamonitor.
Second quarter results at Merck, the German pharmaceutical group,
were impacted by competition from generic versions of its
top-selling product, the anti-diabetes drug Glucophage.
NBTY posts strong rises in sales and profits for the third quarter
of the year, an impressive performance in a market which has been
in decline over the last six months.
A new survey published in the US has shown that 87 per cent of
sports coaches across the country believe that dietary supplements
are a safe and effective means of improving performance.
A survey of US adults has revealed that more than 80 per cent of
them know only very little about nutrition, and that 70 per cent
are worried about not getting enough vitamins in their daily diets.
Most said that a better choice of...
A recent report on the US nutrition industry shows that a small
minority of the population accounts for the vast majority of sales
in most categories of dietary supplements. Future growth will
depend on further consumer education,...
Reliv International, the international manufacturer and network
marketer of nutritional supplements, has confirmed that its first
quarter sales reached $14.5 million (€15.8m) cent, a 3 per cent
increase, helped by strong network marketing...
A 28 per cent drop in first quarter net profits has prompted Dutch
nutritional foods and vitamins producer Numico to warn that full
year results for 2002 will not reach the same levels as 2001,
surprising most analysts who had predicted...
PepsiCo reported a 14 per cent increase in first-quarter net
income, citing strength in its largest divisions, Frito-Lay and
Pepsi-Cola in North America. There was also a very strong quarter
from energy drink brand, Gatorade.
Sales at US-based nutritional supplement manufacturer NBTY
increased by 12 per cent in the second quarter to $252 million,
helping next profits to rise by 43 per cent to $26 million.
Lipitor, the cholesterol-cutter which is said to be the
biggest-selling pharmaceutical product in the world, helped boost
first quarter sales at Pfizer.
A major new survey of supplement users in the US carried out by
ConsumerLab.com has highlighted some interesting facts - not least
that many supplement users are afraid of the safety and possible
side effects of prescription drug...
Sales of vitamins and herbs in the US dropped during 2001, but
there was a more positive performance from minerals, non-herbals
and weight control products, according to sales tracker Information
Resources (IRI).
Swiss drug giant Novartis has reported sales of SFr32 billion
(€21.7bn) for 2001, a 14 per cent increase on the previous year.
The company said that sales of its principal pharmaceutical
products were the main drivers of the growth.
The United Soybean Board (USB) released data from their annual
survey showing that Americans changing their eating habits due to
health and nutrition concerns has risen dramatically to 72 per
cent.