When Complementary Medicines Australia (CMA) conducted its inaugural audit of the Australian complementary medicines sector in 2011 estimated industry revenue was $AU1.9 billion, now the value of sales stand $ at 4.7 billion.
The vast majority of new product launches targetting the main health concerns for seniors remain in the supplement space, with analysts arguing there is vast potential for the region’s food and beverage firms to help meet the needs of older consumers.
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.
Hong Kong, China, Vietnam, Malaysia and Indonesia are tipped to be among the fastest growing functional food and fortified product markets in APAC to 2021, while Japan is witnessing a wave of product innovation on the back of its new Food with Function...
APAC’s nutrition industry needs to do more to educate consumers that preventative approaches leading to healthy ageing must be adopted at a younger age.
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.
Changes in South Africa’s legislation on vitamins and dietary supplements appear to be slowing growth in the market which has recently seen double digit growth, according to a recent Euromonitor podcast.
Here's a recap of our top 10 most read nutrition stories from August, featuring the latest on China regulations, nut allergy cures, diabetes prevention, and more.
Transparency is becoming more of a watchword for the industry, says Mark Blumenthal of the American Botanical Council. Whether it's a word to live by or to hide behind is the question, he said.
From donating nutritious, ready-to-eat meals and drinks to increasing pledged corporate donation amounts to partner charities, here are different ways industry players are contributing to Hurricane Harvey Relief efforts.
The world-class agenda for the inaugural Probiota Asia has been confirmed, with speakers from major probiotics firms and renowned academics to present at the three-day summit, to be held at the Hilton Singapore from 11 to 13 October.
Trade body Complementary Medicines Australia (CMA) is to host a delegation from the China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE) at its annual conference next month, as the Aussie industry seeks to build...
Small probiotic yogurt businesses are springing up across Eastern Africa and having a big impact on local populations, boosting health and wealth for hundreds of thousands. How are they doing it?
The ever-growing importance of e-commerce sales for supplements in APAC was underlined in our first state of the industry survey, with almost 70% of respondents believing the channel will ultimately become as important as brick-and-mortar retail.
The accelerating trend toward consolidation in the analytical testing sphere could diminish the highly specific services required to meet the needs of a complex industry like dietary supplements, experts say.
A shift in market dynamics — not a legal dispute with a key customer — is what drove ChromaDex to try for a second time the finished products route for one of its branded ingredients.
The US-China Health Products Association (USCHPA) will be hosting the annual China International Sports Nutrition Industry Summit — with sponsors GNC and Glanbia Nutritionals — in Shanghai on 6 September this year.
The raft of new supplement and functional food regulations introduced in the past two years, or those imminently pending, have been broadly welcomed by the industry in APAC, according to the findings of our inaugural State of the Supplements, Health &...
The seventh edition of Vitafoods Asia, which will be held in Singapore for the first time, will see more than 250 exhibitors and 3,000 delegates at the Sands Expo and Convention Centre in Marina Bay Sands.
Three out of four respondents in the first NutraIngredients-Asia State of the Supplements, Health & Nutrition Survey believe their firms will post better financial results this year than last.
From trademark squatters to distributor disputes, there are a number of key threats that new entrants to China’s rocketing supplements market need to be aware of, according to a new report.
Here's a recap of our top 10 most read nutrition stories from July, featuring the latest on supplement taxes, managing eye health, the benefits of coffee and more.
The Asia-Pacific beta-glucan market will increase from US$65.21 million to $109.54 million by 2022 due to soaring demand for nutraceuticals and functional foods, according to analysts.
Academics are striving to increase the volume of quality data about the dietary patterns of young Singaporeans, in order to boost the nutritional health of future generations.
There is a once in a generation opportunity to achieve a balance between pre and post market activities for supplements regulations in Australia, writes Emma Burchell, head of Regulatory Affairs for Complementary Medicines Australia.
China’s Food and Drug Administration has announced it tested the ingredients of 217 batches of infant formula in June, and that no unqualified samples were found.
Top-level speakers from a raft of major probiotics manufacturers and suppliers will join international academics to present at our first Probiota Asia summit in Singapore in October.
An internal investigation into business practices in China has taken some of the air out of the balloon of Usana Health Sciences, as the company’s stock price declined after an earnings report that was lower than analysts’ estimates. And a launch of a...
Chinese demand for supplements and natural products shows no sign of slowing, but would-be exporters need to be mindful of five key trends shaping the market today in order to secure business success.
Nutraceuticals and infant formula are now New Zealand’s largest and fastest-growing food and beverage export sectors, with a new government-backed report tipping them for sustained growth and greater financial investment.
Creating products based on personalised nutrition and sustainable functional foods from waste products, along with improving shelf life by using new technology, offer the biggest growth opportunities for Australian nutrition and food firms in an increasingly...
Investment capital continues to flow into the personalized nutrition space with the announcement of another infusion of cash into Orig3n, a company that offers genetic testing kits.
More than 70% of UK-based users of sports nutrition would like to see an industry-wide certification that ensures the quality of ingredients, according to new Mintel data that also suggest a blurring of lines between traditional sports nutrition products...
Immunity-boosting health products for older adults have massive ‘untapped potential’ in Asia, and especially in China, with less than 1% of new launches in the past five years being specifically created for the over 55s.
The probiotics sector is forecast to soar by 23% in China to 2020 and even greater long-term growth beckons if the industry unites to better educate consumers and regulators.
A series of Korean studies have discovered the potential of a Cuban ingredient in helping to minimise the risk of a range of health concerns, including heart problems.
NutraIngredients-Asia.com has launched a Japan newsletter to provide news and insights about the nutrition, health and dietary supplements industry with content produced in both Japanese and English.
More than half of all Australia’s supplements exports are now going to China or to Hong Kong, with the overall value of industry exports doubling in the past two years.
Australia is now China’s second biggest source of imports, behind the US, with industry trade body Complementary Medicines Australia (CMA) confident of continued supplements sales growth in the country as the population ages and incomes rise.
Professional consumers are continuing to plague international firms in China by lodging complaints over minor regulatory breaches in the hope of being awarded compensation.
Medical nutrition is not taken seriously enough in China, with a lack of patient, regulatory, and in some cases, physician knowledge contributing to the poor nutrient intake among cancer patients.
Whey protein, enzymes and collagen products take the top three spots in China’s cross-border e-commerce sales, according to the international director of Ali Health, part of the Alibaba group.