Major brands and millers have agreed to fortify wheat flour with iron, folic acid and vitamin B12 under India’s drive to boost nutrition levels through a mass fortification programme.
Companies seeking to launch products in China have been told they have to be in it for long haul and make extensive preparations, ‘instead of turning up at Shanghai airport and asking trade officials for a list of distributors’.
Vitamin boss Marcus Blackmore has given $10m to the National Institute of Complementary Medicine (NCIM) at Western Sydney University in a 'no strings' donation to undertake research into complementary medicine.
Nutrient gummies drew the most visitors to Softigel’s booth at the recent HI SEA 2017 show in Jakarta – with the company identifying several markets for business growth.
It was the lure of Indonesia’s exotic fruits and their potential as functional ingredients that has convinced Taiwan-based TCI Co to set up an office in Jakarta.
APAC’s food and nutrition entrepreneurs and new start-ups are driving innovation in the region, and we want to shine the spotlight on their achievements.
Supplements firm Mannatech aims to boost sales growth for its cognitive support product by targetting Chinese students studying for two of the country’s major academic examinations – Zhongkao and Gaokao.
Europe will become a key market for a number of new cannabinoid-infused nutraceutical products targeting the multi-billion European nutrition industry, said Swiss firm Domaco as it strikes a deal with an Australian cannabis and hemp developers.
Revenues at Hong Kong-listed infant nutrition company AusNutria soared by 30.3% to RMB2,740.3 million (US$396 million) for 2016, despite intense market competition, most notably due to new regulations in China.
Hong Kong Chinese herbal products manufacturer Infinitus China is teaming up with Nobel Laureate Jules Hoffman to explore Traditional Chinese Medicine’s role in immunity.
Yakult is ready to begin carrying out tests on the consumption of probiotics in space, by undertaking experiments on astronauts on board the International Space Station (ISS).
New Zealand supplement and health food manufacturers are likely targets for merger and acquisition activity over the next year, with private equity firms, notably from China, increasingly looking to splash the cash.
A clinical trial evaluating the effects of Sabinsa’s Boswellin Super supplement on knee pain reduction revealed improvements in pain management, a study funded by the company has found.
Herbalife has reached an agreement in principle to form a joint venture with Traditional Chinese Medicine (TCM) products and services firm Tasly Holding Group.
Net profits at supplements manufacturer Blackmores slumped by 42% in the first of half of the financial year, with the firm reporting reduced demand from Chinese ‘daigou’ shoppers who buy in Australia and then ship goods back to their homeland.
Spanish firm Reig Jofre’s nutritional supplements line Forte Pharma is looking towards South East Asia for expansion, after establishing a firm foothold in Hong Kong and Macau.
A new cognitive health supplement firm which recently opened a base in Singapore is targetting consumers in their 40s as it seeks to expand across the region.
Probiotics manufacturer BioGaia has reported annual sales growth of 9%, excluding exchange rate effects, with managing director Axel Sjöblad highlighting growth in Asia as a key reason for continued confidence over the next 12 months.
Reckitt Benckiser Group plc (RB) has signed a merger agreement with Mead Johnson Nutrition Company (Mead Johnson) under which Mead Johnson shareholders will receive $90 in cash for each share of common stock, valuing the total equity at $16.6bn.
New Zealand supplement firm Better Health Co, which owns the GO Healthy brand, has sold an 80% stake to an Asian private equity fund to help it tap into international markets.
Reckitt Benckiser Group plc (RB) has confirmed it is in ‘advanced negotiations’ to acquire all Mead Johnson Nutrition shares for $90 each in cash, valuing Mead Johnson’s entire share capital at approximately $16.7bn.
Blackmores Institute is to hold its first Singapore symposium as part of its efforts to help train and guide pharmacists to safely and effectively integrate supplements into their practices.
Curcumin can become as big as omega-3, according to the boss of Indian nutraceutical supplier OmniActive, which has recently received a significant funding boost and made a high-level acquisition.
Amway has revealed it plans to open a further 50 stores in India, but has vowed to remain a direct-selling company with sellers “the key point of distribution”.
Infant nutrition company Mead Johnson saw sales in Asia – its largest region – slip 9% year-on-year, 5% on a constant dollar basis, to $1.856bn – although the company recorded ‘strong sales growth’ in its key China market.
Prebiotic soluble fibre dietary supplement MyFy is the first product to be launched by Galaxy Scientific Nutrition in India to address the country’s significant shortfall of fibre intake.
The decision by the Food Safety and Standards Authority of India (FSSAI) to approve DHA and ARA-enriched infant food was a crucial factor leading to Danone’s ambitious growth plans for the country.
A fortified iron supplement bar given to women in and around Mumbai reduced anaemia with no reported side effects, according to a study by Duke University researchers and collaborators in India.
Aptamil, one of Danone’s infant formula brands sold in 45 countries, has been launched in India, with the company saying it plans to produce local supply at the company’s Lalru, Punjab facility.
Hyderabad-based nutritional supplements maker Genmedic Healthcare Pvt Ltd received an investment boost from the ad-for-equity investment arm of media firm Bennett, Coleman and Company Ltd (BCCL), Brand Capital.
Replacing CEO Laura McBain hasn’t seen the end of financial turmoil at Australian infant formula manufacturer Bellamy’s with shares continuing to slide amid gloomy forecasts from analysts.
With more than 100 infant milk powder manufacturers established and thousands of product lines launched in the last 30 years, overcrowding in the segment appears to have hit Chinese businesses hard.
Australian infant formula firm Bellamy’s is facing further turmoil after a major shareholder demanded the removal of four of the company’s board directors.
BASF’s Nutrition & Health Division has opened a new technical application lab in Singapore to provide analytical services and product development support to customers across the region.
Swisse Wellness chief executive Radek Sali will step down on December 31 as Hong Kong-listed Biostime International takes full ownership of the Australian firm.
