New Zealand dairy giant Fonterra is buying into an American whey protein concentrate and lactose manufacturer for an undisclosed amount in order to secure its US-sourcing network.
New Blackmores CEO Richard Henfrey has pledged that the firm will look to move beyond selling 'bottles of pills', hinting that a more personalised nutrition approach featuring tests and value-added services could be an option.
Australian manufacturer Trisco Foods has turned its attention to the rapidly growing supplement market for elderly people in APAC through its recent acquisition of Enprocal and Prime Nutrition.
Blackmores' long-term fortunes in China will be dependent on establishing a successful retail business alongside its current thriving cross-border e-commerce sales, its new CEO told us in an exclusive interview.
Network marketing firm Usana Health Sciences is riding strong sales growth in North Asia driven by social media IT investment, even as an internal corruption investigation of its Chinese operations is ongoing.
A Singapore-based personalised nutrition and cosmetics firm is reporting healthy revenue and customer growth as it expands across the region and prepares to launch its first finished product in Australia.
Danone’s third quarter sales in 2017 grew by 4.7% to roughly $7.5bn, driven by its booming specialized nutrition business in China, which increased 17.8% in reported sales compared to the previous quarter.
Product quality, effectiveness and continual evolution: These are the three keys to e-commerce supplement success in China, according to Australian probiotic firm Evolution Health, which has recorded huge sales increases since entering the market in 2014.
Vitamin manufacturer Swisse is throwing its weight behind the Australian government’s efforts to curb the country’s $8bn food waste burden by converting more local by-products and unwanted produce into supplement ingredients.
Singapore supermarket chain FairPrice has launched a house-brand low-cost infant formula range in the wake of consumer and government complaints about the rising cost of branded milk products.
Australian supplement company Swisse Wellness is re-entering the US market with its most popular multivitamins and supplements, which are now available for online purchase.
Ingredion has launched a new ingredient that will help finished product manufacturers “meet consumer demand for convenient, long-lasting energy in nutritional products,” according to the company.
Recent clinical findings on the sports nutrition and skincare benefits of astaxanthin, as well as new delivery systems for products aimed at older consumers, are helping fuel growth for AstaReal across the region, according to its Singapore president.
Troubled Australian dairy co-operative Murray Goulburn has called for an end to media speculation over a potential buyout—even calling into question the likelihood of a takeover itself.
An app focusing on personalised nutrition and work out plans has received $10 m (€8.4 m) in funding its Series A round led by Creandum and Eight Roads Ventures.
UK firm OptiBiotix has signed a deal with Taiwan-based probiotic research company Bened Biomedical, marking the former’s foray into the gut-brain axis area of microbiome research.
There is growing consumer awareness in APAC that Kefir can help to enhance sports performance through its gastrointestinal benefits, according to Taiwan supplier Synbio Tech.
There is much room to improve omega-3 fish oil’s green credentials for environmental, health and economic reasons as firms seek to shift from energy intensive extraction methods and organic solvent use.
Japanese consumers have little knowledge of saffron - either as a food ingredient or a supplement - let alone its potential cognitive health benefits. But one man is on a mission to change that.
Taiwanese supplement manufacturer Phermpep, which produces kefir-based finished products and ingredients for improved bone and heart health, will launch in its first international markets later this year.
OptiBiotix Health has signed a scale-up and manufacturing deal with Tata Chemicals' Food and Nutrition division in India for its cholesterol-reducing prebiotic, LPGOS.
Canadian supplement firm Jamieson Wellness is targeting expansion in Asia on the back of a successful IPO, with its CEO identifying Asia's rising affluence and ageing population as two reasons for optimism.
New Zealand supplement firm Anagenix has secured an exclusive supply deal with Boysenberries New Zealand Ltd (BNZL), the largest marketer of boysenberries worldwide.
Blackmores' net profits fell by 42% to A$58m for the last financial year and sales slipped by 3% to A$693m, amid a significant decline in sales to Chinese consumers through Australian retailers.
Quebec-based probiotic maker Lallemand will announce a new range of probiotics designed for children and teenagers at the upcoming SupplySide West show in Las Vegas, September 26 to 29.
Blackmores chairman Stephen Chapman announced today the appointment of Richard Henfrey as the company’s new CEO, following the resignation of former CEO Christine Holgate.
Health product manufacturer TSI Group has announced the approval of the first ever China Food and Drug Administration (CFDA) Manufacturing Licence for β-hydroxy β-methylbutyrate (HMB) production in China.
Honey from a stingless bee species native to the Philippines is being touted as superior to mānuka honey, with a Singapore firm marketing products made from the former.
Network marketing company Nature’s Sunshine reported disappointing earnings yesterday, driven mostly by a protracted and difficult software switchover, according to management.
Beijing Sanyuan Foods Co. (Sanyuan) and Fosun Group (Fosun) have agreed to jointly acquire Brassica TopCo and PPN Management, the controlling shareholders of St- Hubert.
Investment interest in the dietary supplement industry remains high, with the latest news being the sale of majority control of The Nature’s Bounty Co. to private equity firm KKR.
Abbott says market conditions in China "remain challenging", following its report that its global nutrition sales decreased 0.6 per cent to $1.73bn in the second quarter.
Mannatech has launched its GlycoCafé coffee product in Korea, with the firm claiming it can improve cognitive function, provide antioxidant support and aid cardiovascular health.
Health and wellness concerns will spur sales of naturally functional foods in Australia, but major food firms need to “stop dawdling” and maximize the opportunities.
A new e-commerce platform and artificial intelligence (AI) have been identified as two of the key factors behind Amway’s hopes of achieving 15% of its sales online in the Philippines this year.
A chip style snack made with silkworm powder is to be launched in China, in what is believed to be the first edible insect-based packaged product to go on sale in the country.
The Chinese health food and supplements market is valued at US$30 billion and projected to grow by 10% every year until 2025, creating extensive opportunities for Australian firms, writes Carl Gibson, CEO of Complementary Medicines Australia.
Asia will fuel the growth of the omega-3 sector in the coming years, with the executive director of trade organisation GOED predicting the region could contribute an additional $20bn in sales.