The presence of Benecol in Portugal is increasing with the
announcement that the cholesterol-reducing ingredient is being
introduced to olive oil, said to capture all the growth in the fats
markets in Portugal by 2010.
In 2006, Datamonitor categorized the mangosteen juice category as
one of the top ten trends to watch in its online ProductScan, but
according to manufacturer and marketer Xango, the category is here
to stay.
A new report from Business Insights is turning the spotlight on
science to support the efficacy of healthy ingredients, a
preoccupation for food and drink manufacturers in the present
climate of shifting health claims regulations.
Scandinavian Clinical Nutrition (SCN) has signed a 10-year research
grant agreement with the renowned Karolinska Institutet, which aims
to emulate similar academic-industry partnerships for
pharmaceuticals and boost credibility of...
Kemin Health has announced a United States distribution agreement
with B&D Nutritional Ingredients for its patented FloraGLO
lutein and Slendesta Potato protein extract.
Advitech, the maker of psoriasis nutraceutical Dermylex, signed on
a former Canadian Olympian to promote the product in order to build
a testimonial base and draw the over one third of psoriasis
patients it said are outside the traditional...
The relative resistance marketers have faced trying to push
probiotic ingredients in the US, when compared with Europe, could
be solved via another market: fermented vegetables.
Advitech announced its first significant sales of psoriasis
supplement Dermylex have propped-up financial results for its third
quarter ended September 30, 2006.
First there were cosmeceuticals, now there are nutricosmetics -
orally-taken products to improve health and beauty that, according
to the latest market study, make up a rapidly-growing category.
BASF is introducing a new formulation of compressible vitamin A
suitable for the spectrum of specialist diets, giving its customers
one ingredient to meet the specifications of every market in which
their products are sold.
Geni Herbs has announced it is signing over its marketing and
distribution of ayurvedic botanicals to Stauber Performance
Ingredients in an exclusive partnership, which will allow it to
focus on research.
Leatherhead Food International is proposing to conduct major market
research into the Western European industrial fruits market, aiming
to shed light on how use of fruits in packaged foods may improve
their healthy image.
Enzyme giant Novozymes has maintained a high earnings level
throughout the first half of 2006, with growth in sales and
operating profit of 8 per cent and 10 per cent respectively.
Operating losses are down at PacificHealth Laboratories in the
third quarter thanks to the sale of its sports drink brand
Accelerade - a relief for the company following a near cease of
operations in August 2005.
Some biotech companies are treating their nutraceutical activities
as a cash cow to fund pharmaceutical R&D; as research yield
results and prompts a re-focus on the lucrative pharma market,
mature nutraceutical businesses are...
Food firms must carefully target their health food products to
specific sectors of the population if they are to succeed,
delegates at this week's Vitafoods event learned.
Raisio has reported a set of Q1 results that once again relies
heavy on its powerhouse Benecol brand, and which echoes the drop
off in performance seen at the end of 2005.
Makers of cherry-based supplements are seeking to meet FDA
marketing standards on their websites by ensuring that any claims
linking cherries and health are 'two clicks' away from sales
pages.
Zila has reported a 12 per cent drop in net revenue, as the
nutraceuticals division failed to recuperate from a lavish
marketing spend amid declining factory sales.
A new report says that the market for vitamin E supplements is in
turmoil as consumers become confused by conflicting media messages,
but despite this the cosmetics and toiletries industry is likely to
fuel future growth as it is...
Hawaiian microalgae producer Cyanotech has become the latest
company to tout its wares direct to consumers, with the initiation
of an advertising campaign aimed at end users of BioAstin.
Israel-based Algatechnologies says the little-known carotenoid
astaxanthin is set for rapid growth in coming years, with strong
interest from Japan prompting it to boost both capacity and
marketing activities this year.
Sales at Schiff Nutrition, previously known as Weider Nutrition,
fell by a fifth during the second quarter, as the firm discontinued
private label business to focus on more profitable brands.
Quebec-based Advitech said today it has reached an agreement with
US company PhotoMedex to market and distribute its whey-derived
psoriasis supplement in the US.
Health ingredient firms Lipid Nutrition, Probi, Flavex and Allied
Biotech all received awards from industry consultants Frost &
Sullivan last night for their innovative products and strategies.
A new Danish firm marketing supplements and cosmeceutical products
based on plants used in traditional Arabic and Mediterranean
medicine has been awarded the Frost & Sullivan Entrepreneurial
Company Award.
Numico, Europe's leading babyfood company, will become the number
two player in Asia through a €1.2 billion deal to acquire East
Asiatic Co's nutrition businesses.
Merck Médication Familiale, the French subsidiary of Merck Consumer
Healthcare, has introduced its first standalone probiotic
supplement on the French market, following the strong demand for
its multivitamin-probiotic combination.
Cyanotech slipped into the red in 2Q 2006 as a result of
fluctuating spirulina sales and ongoing issues with the Japanese
aquaculture market; meanwhile astaxanthin picked up some of the
slack.
New Zealand-based Comvita, a manufacturer of supplements and
natural products made by bees, has bought up its UK distributor to
get closer to its most important market and help it increase sales
into other European countries.
Candian krill ingredients firm Neptune Technologies today reported
a jump in sales during the year to end of May, helped by a
marketing campaign to strengthen its presence in American and Asian
markets.
The UK marketer of Shreddies breakfast cereal can continue to make
claims that the product helps boost children's concentration in
school but it must make their evidence clearer to viewers of their
ad, said authorities last week.
Raisio's Benecol products are emerging as the major driver of
profits at the firm, following many years as a loss-making
activity, reports Dominique Patton.
US-based Weider Nutrition has sold Haleko, Europe's biggest sports
nutrition business, to Croatian holding company Atlantic Grupa for
around $15 million (€12.3m), the firm said on Friday, reports
Dominique Patton.
Increasing sales and future contracts for vitamin E phosphate will
help Australian firm Phosphagenics come close to breaking even in
2005, said company managing director Dr Ian Pattison at a
shareholders meeting yesterday.
Forbes Medi-Tech's 1Q 2005 results follow the pattern of its
recently reported full year 2004 results, with increasing sales of
its nutraceutical offset by deepening operating losses.
Global supplement maker and marketer NBTY has failed to maintain
the momentum with which it started fiscal 2005, reporting a net
income of $20.87 million in the second quarter - just over half the
figure for the prior year period.
French plant extracts firm Naturex will continue to invest in
long-term growth this year, with a new office in Singapore to
increase its share of the Asian market and further acquisitions,
reports Dominique Patton.
Food-to-detergents group Unilever is selling its Dextro Energy unit
to Germany's Zertus Group, the companies said on Wednesday, without
disclosing the price.
Raisio has increased its market share in cholesterol-lowering
products through new applications, particularly the 'little bottle'
milk drinks, and gains in new markets, writes Dominique
Patton.
Soy isoflavone research firm Nutri Pharma is embarking on a new
strategy designed to eliminate risk relating to reliance on
marketing partners for its intellectual property.
Swedish manufacturer Semper aims to increase exports of baby food
to Russia, as the market there is growing much faster than in many
other countries, writes Angela Drujinina.
Functional foods are often designed to help counter age-related
disease but many food companies are failing to reach the consumers
most concerned by these diseases, writes Dominique Patton.
The ingredients division of Danish cultures and colours firm Chr.
Hansen pulled in a DKK 369 million (€49m) profit for the year on
sales of DKK 3.4 billion (€460m), a slight dip on the previous year
on rising costs.
Chr Hansen's full year results reveal that the continued growth of
the China market is helping the ingredients company to fight off
the problem of increasing costs.