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...
Neptune Technologies & Bioressources of Canada has said it will
reach profitability next year thanks to the first order for its
marine oil extracted from krill sold under the brand name NKO.
Soyfoods are one of the fastest growing sectors in the food
industry, now worth US$ 3.2 billion (€3.4bn), according to a new
study. The study also reveals that soyfoods are moving into the
mainstream, away from health food specialists.
US nutritional products maker VitaCube Systems is expanding its
personal care reseller programme, an agreement which allows health
clubs to market its products to their own customers.
Medifast, the producer of weight loss products, has reported first
quarter sales up 33 per cent to $1.7 million (€1.87m) from $1.3
million a year earlier.
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.
MAF BioNutritionals, a nutraceutical manufacturer founded by Dr
Phil Maffetone, an internationally-recognised expert on nutrition,
complementary medicine and human biology, has acquired the Boulder
Bar brand for an undisclosed sum,...
The market for functional foods is being driven by a greater
responsibility for personal health care amongst Europeans,
according to a new report by market research company, Mintel.The
research shows that the European functional foods...
A French-Canadian pharmaceutical group is to expand its European
operations via the acquisition of the French company Laboratoire du
Lacteol du Docteur Boucard, its second European investment.
The US market for energy supplements is estimated to be worth more
than $1.2 billion (€1.37bn) in retail sales in 2001, and while
young, male consumers are the target audience for most energy
supplement producers, market research...
A consumer group is accusing the marketer of a fungus-based meat
substitute of "deceptive labelling" and has filed a
complaint with the US Food and Drug Administration, Advertising Age
reports.
Health Sciences Group, the Los Angeles-based group which
specialises in investing in companies involved in the health
sector, has signed a letter of intent to acquire the assets and
operations of Quality Botanical ingredients (QBI),...
Reliv International returned to profitability in 2001, despite a
decline in overall sales, as restructuring measures announced a
year earlier began to take effect.
United Natural Foods, the US-based marketer of natural food
products, has reported sales of US$285.5 million (€327.5m) for the
second quarter of 2002, a 16.8 per cent increase over the same
quarter a year earlier and well ahead of...
Swiss pharmaceutical giant Roche has said it is "reviewing
strategic options outside the group for the vitamins and fine
chemicals division" after a difficult year in 2001.
ADM Natural Health and Nutrition has launched a major new European
marketing campaign for its Novasoy soya isoflavone concentrate in a
bid to capitalise on growing consumer and scientific interest in
the product.
US Nutraceutical Clinical Laboratories International, Inc.
announced this week that negotiations have been completed for the
acquisition of Health Care Direct Services (HCDS), a nutraceutical
wholesale distributor.
The market for soyfood products in the U.S. has experienced strong
and steady growth during the past 20 years and in 2000 grew by 21.1
per cent to reach US$ 2.77 billion (3.06 billion euros).
