A report published last week suggested that supplement
manufacturers need to win back consumer confidence - shaken by a
spate of negative media reports. Norbert Weitkemper, director of
global marketing for Cognis Nutrition & Health,...
UK developer and marketer of high-nutrition food and drink
products, Nutrinnovator today reported on trading for the last six
months and confirmed its future focus on functional food and
beverages.
First half sales at Aarhus United fell 3 per cent, eroded by price
competition in bulk oils, but improved volumes, particularly in
Mexico, and reduced costs helped it generate solid operating
profits.
CSM, the Dutch food ingredients company, is considering the sale of
its sugar confectionery unit in order to concentrate on its core
bakery supplies and sugar operations - despite a very poor
performance from the bakery unit in the...
Growing consumer awareness of the health benefits of soya
consumption is reinvigorating sales of soy drinks in south-east
Asia, according to a new report from OrganicMonitor. And while the
category is dominated by Asian manufacturers,...
Zila, the Phoenix-based healthcare company, has cited the
development of Ester-E as the main reason for a net loss of of $1.6
million ($0.03 per diluted common share) in its third quarter
results compared to a loss of $639 thousand,...
Primex, the Iceland-based marine biotech company, has strengthened
its position as the world's leading producer of chitosan products
through the acquisition of the bulk chitosan business of Vanson
HaloSource - a move which also...
Competition in the European non-dairy sector stepped up last month
when the American organic and natural foods giant Hain Celestial
acquired the German soya-based desserts firm Natumi. A move set to
challenge the dominant player -...
Australian supplement maker Blackmores has seen sales and profits
surge after an investigation into quality control last year removed
competitor Pan Pharmaceutical's products from the market.
Dosic, the Chinese evening primrose oil supplier, pulled off a 30
per cent climb in European sales last year - with a mature product
in a mature market - by addressing the crux problem for all Chinese
producers targeting Europe.
Norwegian CLA company Natural has reported its biggest profits
since first listing five years ago, thanks to initial payments from
a major licensing deal last year, which significantly boosted first
half revenue and reduced operating...
The firm that introduced CLA to the functional foods industry is
going back to its roots to concentrate on further developing
technology for health-promoting lipids.
Recent acquisitions boosted sales at the consumer healthcare
business owned by German drug company Merck KgaA, but the company
is a long way from its targeted double-digit growth.
Leiner Health Products, the leading supplier of private-label
vitamins and dietary supplements in the US, could be up for sale,
according to a report in the New York Post.
Supplement maker Natrol said this week that it will invest further
in better product development and quality assurance to meet growing
consumer demand for higher standards.
Regular consumption of the sugar replacer Isomalt appears to have a
prebiotic effect on gut bacteria, according to preliminary findings
of a study being carried out in Germany.
Taiwan-based Allied Biotech has received an award for its
successful penetration of Europe's highly concentrated and
intensely competitive beta-carotene segment.
Dutch fine chemcials group DSM is to market creatine directly to
the consumer through Swiss partner Dolder, in a bid to retain its
share of the German sports nutrition market.
Leading ingredients firm Danisco has announced its second licensing
deal for the Howaru probiotic strain with Chile's biggest dairy
processor Soprole. The agreement looks set to generate significant
interest among food makers...
Lutein supplement maker Kemin Foods has received an award from
market research firm Frost & Sullivan for its promotion
campaign for the FloraGLO brand.
Finland's National Food Agency has banned several food supplement
makers from repeat marketing of unsubstantiated claims in a
clampdown on the use of health claims.
New Zealand dairy company Fonterra has developed an energy bar
prototype said to far exceed similar products on the market. It
contains a new milk bioactive ingredient, which the firm is hoping
to launch as a consumer product.
Danish ingredients company Danisco announces it is to license its
HOWARU probiotics brand directly to a retailer, the upmarket South
African chain Woolworths, in a bid to increase brand loyalty among
consumers and health professionals.
Germany-based Merck KGaA announced today the acquisition by Merck
CHC Holding of Peter Black Direct Marketing, a UK-based direct
marketer of vitamins, minerals and supplements.
Always one of the biggest stands at Vitafoods, Cognis Nutrition and
Health seem ever more present this year, with heavy marketing,
including an evening event, to launch its Tonalin CLA to the
European market.
Global sales of nutraceuticals are estimated to reach $74.7 billion
(€68.5bn) by 2007, growing at an average rate of 9.9 per cent
annually for the next five years, says a new report.
Swedish probiotics firm BioGaia has signed a three-year agreement
with Japanese marketing company Erina for the sale of its Reuteri
tablets in Japan. The tablet has been specially designed for the
Japanese market, says the company.
Following the declaration last week that it is to invest in the
food enzyme side to its business, Danish enzyme company Novozymes
yesterday reported 'the best year ever' for 2002 with sales rising
7 per cent from DKK 5,271...
Western Europe's cereal bars market is 'massively underexploited',
according to market research analysts Datamonitor. The report
suggests that this product could be a promising driver of growth
for confectionery makers...
A Frost & Sullivan report on the market for fortified foods in
India finds that while food companies have understood their target
segments well, some products being offered, such as soft drinks,
are merely marketing gimmicks.
Sales of non-dairy drinks in Europe are to increase 22 per cent to
€228 million this year, according to new research by the UK's
Organic Monitor. The highest growth in the sector over recent years
has been in the UK, the largest...
The European sports nutrition market is to grow by 8.4 per cent
between 2002-2009, according to a new report from market research
analysts Frost & Sullivan. The report highlights the
opportunities for sports nutrition ingredient...
The Nautilus Group, a US-based marketer and manufacturer of branded
health and fitness products, is to extend its agreement with
nutritional supplements maker Champion Nutrition.
US cranberry ingredients company Ocean Spray ITG has appointed Jim
Lesser as group marketing manager of ITG & Foods Team. The move
is part of an internal restructure which sees the Ingredient
Technology Group and Foods team merging...
Belgian healthcare company Omega Pharma which recently acquired the
UK's Peter Black Healthcare on Friday reported a 195 per cent boost
to first-half net profit thanks to strong sales in most of its
markets and a successful restructuring...
California-based Naturade, the marketer of soy protein products,
posted a decrease of 24 per cent in net sales for the second
quarter, and an operating loss of $0.7 million (€0.7m).
A slower-than-expected roll-out and previous year results swollen
by a licensing fee from GSK pushed PacificHealth Labs into the red
in the second quarter, but the future still looks decidedly rosy.
Second quarter net profits for Nutri/System, the US-based producer
and marketer of weight-loss products, grew from $189,000 to $1.3
million (€1.34m), helped by a strong rise in sales through the QVC
network.
Natrol, the US-based manufacturer and marketer of dietary
supplements, has appointed Innovative Strategic Solutions (ISS) to
help it improve the marketing of its products via radio and
television.
The market for soy foods has shown significant growth in recent
years, and there are plenty of oppportunities for further
developments. But companies should be careful that the products
they launch are what the consumer really...
