Czech-based Eastern European supplements giant Walmark has completed its second regional acquisition of the year with the purchase of fellow Czech supplements firm Valosun for an undisclosed sum.
The sale of dietary supplements is estimated to be worth worth around €7.2 billion to the European economy in 2015, but which markets are the biggest, and where is future growth projected to come from?
Protein has been topping the ‘hottest ingredient’ lists for a while now - but how does demand break down region by region? FoodNavigator looks at some patterns in protein consumption across the world.
Special edition: Inside Europe's food supplement markets
The western and eastern European combined food supplements market will jump from €7bn to €9bn by 2018, according to Euromonitor International, with some markets set to double in value in that time.
Israeli supplier Frutarom has expanded its Negev desert algae polysaccharide production potential by 30% to 10 tons in response to growing demand for the skin health products it is used in.
Raisio, the Finnish plant stanol and raw ingredients supplier and maker of the Benecol cholesterol-lowering consumer brand, more than doubled profits and increased turnover by 20 per cent in 2008, but its forecasts are humble in the face of the harsh...
€70+m Ocean Spray Ingredient Technology Group has signed a distribution deal that demonstrates its commitment to educating southern and eastern Europeans about the health benefits of the cranberry and cranberry-infused foods and beverages.
Swedish probiotics specialist Probi has signed two deals to
distribute probiotic supplements in eastern Europe, a region it
believes possesses "huge potential".
Sales of nutraceutical products in Eastern Europe have shot up in
the past decade, as the market catches up with the rest of the
world, according to an industry veteran.
Central and Eastern Europe represents good opportunities for
healthy ingredients, but there is still a need to educate both at
industry and consumer level, says Beneo Orafti.
Decline within Group Danone's Asian operations failed to dampen a
strong first quarter performance for the company as like-for-like
sales underwent a 10.1 per cent rise to €3.6bn.
Swedish biotech BioGaia has signed a new agreement with Ewopharma
to distribute its probiotic drops and tablets in a number of new
markets in Central Eastern Europe.
Dutch nutrition group Numico raised its sales targets for the year
after record babyfood sales and continued strong growth in clinical
nutrition drove up second quarter revenue.
Ambitious US ingredients supplier Cargill boosts its war chest,
announcing a 35 per cent rise in profit for the third quarter of
2005, on gains from commodity trading and its animal feed and steel
businesses.
Danish ingredients giant Chr Hansen, currently on its 'magical
sensory tour' across Eastern Europe, has unveiled new products in
Russia to inspire local manufacturers, Angela Drujinina
reports.
