Traditional Chinese Medicine (TCM) company Eu Yan Sang has introduced health supplements from the US to its offerings, as well as Western medical practices in its newly-launched One Wellness Medical clinics, as part of its efforts in "demystifying"...
Singapore plant-based supplement brand QN Wellness is on track to expanding its overseas presence, especially Vietnam’s and China’s healthy ageing market.
Supplements heavyweight Swisse believes that infusing elements of convenience and novelty into active nutrition packaging and product format design is increasingly important to increase appeal with younger consumers in the APAC region.
The Food Safety and Standards Authority India (FSSAI) is attempting to balance plans for boost organic food exports with ongoing food safety concerns by mandating all state-authorised laboratories to adopt organic testing capabilities.
Danone is launching a new infant formula containing milk droplets that closely mimic the structure found in mothers’ milk in China this year, VP and head of Danone Early Life Nutrition revealed at our Growth Asia Summit 2023.
Singapore’s Sustenir has expanded its business portfolio to include functional food products, such as ready-to-drink smoothies, to support what it believes is a long-term growth opportunity.
Kirin is looking to back innovations in metabolic health, immunity and brain function, fermentation and microbiota control, and consumer health data technology through its startup innovation fund.
This round-up looks at the latest financial performance of nutrition and nutraceutical firms, including Swisse’s parent company H&H Group, Kirin, Centrum’s owner Haleon, a2 milk and more.
Life-Space says rising consumer awareness is leading to growth for probiotics for cognitive function, but maintains that gut health concerns are still the main sales driver.
See the latest developments from health and nutrition brands across Asia-Pacific, including how Thailand's 3C Group is eyeing growth in the prebiotic sector, TCM firm Eu Yan Sang's strategies for the North American market and more.
The spike in demand for immune-related products has not dwindled after COVID-19, and is in fact showing signs of long-lasting potential, say several industry players.
Singapore-based meal replacements brand Sustyfoods says that convenience and functionality are key purchase drivers, and expects rising demand for savoury options and product formats that are more similar to “real meals”.
Thai nutraceutical firm 3C Group aims to boost the growth of the local prebiotics sector, which it says is significantly less recognised than probiotics, through their application in functional products targeting children and people with gut issues.
China dairy giant Mengniu believes that the direction for domestic dairy growth lies in the development of localised protein product innovation, especially in the form of ready-to-drink beverage formats.
Singapore start-up Altimate Nutrition has developed a range of cricket-based products that are ready for mass manufacturing and distribution, except that it continues to be hindered by regulatory approval delays.
Singapore-headquartered Traditional Chinese Medicine (TCM) company Eu Yan Sang is actively pursuing growth in North America’s health and wellness market by targeting not just the Chinese diaspora, but also those who are willing to give the category a...
The India market and increased innovation in health and functional trends hold the key to improved financial performances, claims Korean heavyweight Lotte.
China’s health foods regulator is set to approve new function claims, after introducing a list of technical guidelines to help companies and individuals make their submissions.
New Zealand-based FMCG company Red Shoots says consumers are increasingly looking for products with functional benefits in supermarkets, which has sparked partnership opportunities with major retailers.
Precision probiotics firm Biome Australia says that giving practitioners a foundational understanding of microbiome modulation, before reinforcing efficacy via clinical trials, will be key to its ongoing growth objectives in the market.
A supplement brand from Germany-based firm Mom's Garden GmbH is pursuing further growth in China with the launch of its new weight management supplement formulated with postbiotics and botanical extracts that act as AMPK (AMP-activated protein kinase)...
Malaysian newcomer postbiotic firm My Myracle has commercialised a series of postbiotics using solely bacteria from plants instead of other common sources, such as faeces of healthy individuals or animals. It says that using plant-derived bacteria is...
Australia’s Renovatio recently secured a distribution deal with Coles supermarkets, and has outlined wider offline expansion plans as it seeks to increase visibility and accessibility.
The paediatric probiotics business has helped to offset a revenue slump in the infant formula business in China for Health and Happiness Group (H&H Group), while its adult nutrition portfolio surged by 55 per cent.
Singapore-based REVIT is eyeing a bigger market share in the anti-hangover category with its gummy product, on the back of sales numbers that have been tripling month-on-month since its launch in January this year.
The a2 Milk Company (a2MC) said its infant milk formula business in China grew 8.4 per cent for the financial year ending on June 2023 and that it would focus on growing its cross-border e-commerce (CBEC) and lower tier cities presence.
There are few bigger industry buzzwords these days than sustainability, but one small New Zealand therapeutic oils firm can boast an impressive track record spanning more than three decades, having embarked on its mission ‘before sustainability was even...
Singapore-based precision gut microbiome company AMILI is aiming to expand its footprint regionally, on the back of recent funding and positive responses from the local market.
Grape King Bio will focus on its healthy ageing and women’s health nutrition portfolios in China, which it believes are two sectors poised for growth in the country.
Kirin’s is targeting Australian acquired Blackmores to achieve a revenue of 100 billion yen (US$687m) and a net operating profit margin of 15 per cent or more by around year 2030, the Japanese-conglomerate said during its latest financial results presentation.
See the latest developments from health and nutrition brands across Asia-Pacific, including how South Korean firm Ildong Bioscience has identified probiotics strains for amino acid absorption, latest financial results of Haleon, and Singapore firm Moom...
New Zealand’s Alps 2 Ocean Foods is launching a protein-rich and nutrient-fortified beef bar made from male calves that are otherwise killed shortly after birth or made into lower-value ground beef – a move that the firm believes is more sustainable for...
Hong Kong-based NOOCI has launched in United States first through its website and an online distribution platform and is expanding offline via its practitioner’s programme – with over 100 practitioners across the country signed up thus far.
South Korean brand LYASNU has attributed the popularity of its enzyme powder sticks to young consumers with digestion troubles, whom it seeks to further appeal to with new products targeting facial puffiness, immunity improvement and fatigue relief.
Haleon, the company behind vitamin brands Centrum and Caltrate, said VMS revenue was down 0.5 per cent in the first six months of this year, with a decline in the US offset by growth in Asia Pacific and Europe.
South Korean firm BIFIDO INC says it will focus on oral microbiome and gut-brain axis research in response to post-COVID demands and prevailing evidence on probiotics’ benefits for areas beyond gut health.
Kirin has introduced a version of its immune care postbiotic drink with 50% less calories, claiming to make it more accessible for health-conscious consumers without compromising on taste.
After more than a year of development and 13 versions of the prototype, Singapore’s Moom Health has completed the formulation of a new supplement that is specifically targeted at relieving premenstrual symptoms (PMS) and painful period cramps.
Singapore-based nutra firm Daily Nature has developed a supplement that claims to mitigate the short- and long-term effects of alcohol consumption while improving liver health.
Danone has reported ‘solid growth’ in its infant formula brand Aptamil in China for the first six months of 2023, while functional drink brand Mizone has recovered from underperformance after product revamps.
Australian infant formula maker Bubs’ nearly two-month long boardroom saga has come to a conclusion, with most shareholders voting against founder Kristy Carr’s attempt to remove the current board.
Australian supplements brand Henry Blooms has launched its vitamin spray range in the US, citing that high consumer knowledge and acceptance enabled ease of entry into the market.
New Zealand mead brand Lone Bee is hoping to strengthen its exports to South East Asia by entering a major supermarket, and is on the lookout for regional partners for potential new flavour collaborations.
Japan dairy company Megmilk Snow Brand believes that it can overcome the strong competition in China’s healthy ageing market through product quality and science-backed evidence, although it admits the process “might take some time”.
Danone is beefing up research around iron deficiency anaemia among young children in South East Asia, including Malaysia and Cambodia, as well as launching new milk formulas that are designed to help children meet their dietary iron requirements.
See the latest developments from health and nutrition brands across Asia-Pacific, including anti-hangover supplement DrinkAid’s debut in pharmacy retail, granola maker Amazin’ Graze using probiotics for new product development, and Amway China’s plans...
Singapore’s anti-hangover supplement company DrinkAid has expanded into the pharmacy retail chain through an exclusive agreement with Unity – the pharmacy arm of grocer FairPrice – and is also planning to launch new product formats later this year.
The founder of a pioneering China plant-based firm will reveal how the challenges can be overcome to create clean label and additive-free products at our Growth Asia Summit 2023.
Malaysian brand Amazin’ Graze’s says the addition of probiotics into its protein powder line-up has provided a more ‘complete nutritional profile’ as consumers look for a wider range of health benefits.
