Australian supplement firm Blackmores has entered Singapore's increasingly competitive infant formula market, albeit with a more cautious approach in light of recently enforced government regulations.
Indian supplier VAV Life Sciences is targeting sales growth for its Lipova egg yolk powders for supplements, functional foods, infant formula and sports nutrition products, after moving to a new GMP-certified facility earlier this year.
Probiotic supplier Ganden says its recent acquisition by Kerry Group will allow it to fast-track the growth of its products in Asia, with China and India having bene identified as two markets that are "impossible to ignore".
Continuous innovation, new product launches, and comprehensive education services have seen BioCeuticals — the Blackmores-owned practitioner-only supplement firm — double its sales over the past four years, says its MD.
The demand for goat milk infant formula in soaring in Asia, according to Nuchev CEO Ben Dingle, who is targeting South East Asia market entry on the back of his company's success in China.
Parents in Hong Kong and China are the world's biggest spenders when it comes to infant formula, but consumer oragnisations have accused global manufacturers of 'exploiting parents concerns' around safety to charge premium prices.
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.
Membership services, snack-style products and interactive packaging will help drive Asia-Pacific's supplement sales to US$56bn by 2022 — an almost $10bn increase from 2016’s figure.
French ingredient supplier Roquette has set up new APAC headquarters and an innovation centre in Singapore to focus on Asian consumers' health concerns.
Australia's soaring supplements sector has been praised by the government for its double-digit annual growth figures, far outstripping the 1.7% growth rate of the broader Australian economy.
Glanbia has showcased three ready-to-manufacture concepts designed to tap into China's rising sports and active lifestyle nutrition sectors, which is still largely dominated by pre- and post-exercise powders.
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.
Yakult's president has urged the UK to clearly define its Brexit strategy, but has pledged that the firm is committed to continuing its business in the country.
China’s amino acids manufacturers are expanding their production and application scope to include a broader range of supplements and pharmaceuticals, but overcapacity and environmental pollution are continuously adding high pressure on the future development.
More evidence of the potential for sports nutrition firms to boost business in China has been highlighted by a new Mintel survey, which reveals that three in four (76%) urban Chinese consumers are now regularly taking part in sport and fitness activities....
New Zealand contract manufacturer Alaron is preparing to submit plans for a new facility at its Nelson site, after acquiring Pharmalink’s freeze-drying business.
Japanese supplier Kewpie has seen more than 60 products launched in the country using its hyaluron ingredient Hyabest, with a raft of products touting its beauty or joint pain benefits for the ageing population in the wake of more relaxed regulations.
Malaysia-headquartered supplier ExcelVite is forecasting considerable growth for its palm tocotrienol ingredient, EVNol SupraBio, after a new study revealed the novel pathway that promotes hair follicle regeneration.
Japan's omega-3 firms are poised to benefit from rising consumer demand from South East Asia and China, if they can continue to invest in new product and technological developments.
DuPont in Japan says it is striving to spur innovation in the supplement and functional food space for the ageing population by launching 11 ‘smart ageing’ concepts at this week’s HI Japan show.
The rise of sports nutrition, complex regulatory and sourcing issues, and the ongoing surge in cross border e-commerce is driving trade association membership in China, as more international firms begin to tap into opportunities in the country.
India’s dietary supplement market will expand at an estimated compound annual growth rate (CAGR) of almost 12% over the next four to five years, with tech start-ups driving overall interest in health and wellness.
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.
According to analysts, the Japan supplement market is forecast to hit ¥1,181bn by 2021, rising at around 1% annually...but where could additional growth come from?
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.
Supplement and functional food firms looking to enter the Japanese market with new products tailored for the ageing population must overcome high levels of brand loyalty to stand any chance of success, according to one expert.
French dairy ingredient supplier Epi Ingredients (the dry division of dairy cooperative Laïta) plans to expand in Asia, with infant nutrition growth among its top targets.
German supplier Wacker hopes to strengthen its Asia nutrition and food offerings by opening an application lab in Shanghai next year, a little over 18 months after doing the same in Singapore.
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.
Supplement and food firms operating in China’s booming cross border e-commerce market have been buoyed by a year-long extension of the existing trade laws, which were due to be replaced on January 1.
DuPont is targeting innovation at both ends of the age spectrum as it seeks to meet the vast needs of Asia's ageing societies, while also helping infant formula firms overcome considerable pricing and regulatory challenges.
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.
The 2020 Olympics, 2019 Rugby World Cup, and the ageing population are contributing to ‘huge demand’ for protein products across Japan's sports nutrition and functional food space.
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.
Botanical ingredient and analytics firm ChromaDex has partnered with Hong Kong-based retailer AS Watson to launch its US-made dietary supplement TRU NIAGEN in Asia.
Chinese supplier Guilin Layn Natural Ingredients plans to capitalise on the growing prevalence of health-conscious consumers to bring its monk fruit-based sweetener to Japan and Europe.
Supplement and functional food firms must appeal to consumers’ emotions if they want new products to sell well in Asia's more developed nations, according to Frost & Sullivan’s Asia-Pacific director Natasha Telles D’Costa.
Supplement firms looking to set up shop in China should not buy into local businesses’ promises of guan xi (connections), and should be mindful that it could take up to four years of preparation to enter the market.
New players in the market and groundbreaking technology will lead to a wave of personalised nutrition innovation across Asia, according to a panel of experts at Vitafoods Asia.
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.