Swisse’s double digital growth in mainland China and growing business in APAC have cushioned parent company Health and Happiness Group (H&H Group) from a challenging baby nutrition market.
The Hong Kong exchange listed company, which operates adult, baby, and pet nutrition businesses, said on March 22 that group revenue was up 3.2 per cent to RMB11.5bn (US$1.8bn) in FY2021.
Gross profit was up 0.8 per cent to RMB7.2bn (US$1.1bn).
The firm behind the Healthy Heights nutrition products for kids has outlined how it hopes to secure success in China after sealing a manufacturing deal in New Zealand.
In addition to using milk from the New Zealand dairy giant Fonterra, the Israel-based outfit NGS recently signed an agreement with kiwi manufacturing company NIG Nutritionals and hopes the country’s strong reputation for quality will be a major sales driver among Chinese parents.
CEO and Managing Director of NGS Liron Fendell said: “New Zealand is globally renowned for producing quality dairy and is held in the highest regard by parents in China and Asia. This also has a logistical advantage as manufacturers can export and ship to China quickly".
‘The market for active enzymes is immeasurable’: Japan’s Shinya Koso on digestive health, weight management trends
Major Japanese supplement brand Shinya Koso believes that the market for active enzymes products is immeasurable, driven by consumers’ concern with digestive health and weight management.
Developed by renowned Japanese gastroenterologist Dr Hiromi Shinya, Shinya Koso uses two main types of active enzyme raw materials.
The first type is extracted via fermentation of 10 healthy grains traditionally consumed in Japan, such as germinated brown rice, millet, and Japanese millet.
Maintaining price parity and maximising taste are two key priorities when formulating healthy and plant-based products, according to exclusive insights revealed by Nestle’s Malaysia and Singapore CEO Juan Aranols.
Aranols was the keynote speaker at the opening of our Positive Nutrition Interactive Broadcast Series, which can be viewed on-demand here.
He argued that innovative, healthy food should be accessible and affordable to the larger community.
India’s first ice popsicle brand Skippi has revamped the traditional local category with the use of healthier ingredients and national exposure via the popular reality show Shark Tank, vowing to achieve nationwide penetration within the next six months.
Ice popsicles have been available in India for several decades, but the traditional form of the frosty snack is generally not branded and made from artificial colourings, flavours and ingredients, in addition to water that is not usually up to safety and quality standards.
“We realised that there was essentially nothing happening within the ice pops sector in India, no brands being established and certainly no better options being developed, especially for kids,” Skippi Co-Founder Ravi Kabra told Foodnavigator-Asia.