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.
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.
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.
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.