Singapore firm ONI Global, a franchisee of GNC, has reported ‘solid growth’ for its performance this year and made clear its intention to expand its brick-and-mortar presence – despite the financial woes being faced by the global retailer in the US.
The New Zealand natural health products industry’s combined revenue last year was NZD$2.3bn (US$1.4bn), up 64% from five years ago, but the potential of even greater growth has been hampered by regulatory restrictions and low working capital.
Chinese consumers see health benefits in probiotics, with probiotics in fermented dairy and beverages most popular, but misconceptions about the fast-rising ingredient are also rife, said a newly released consumers report.
The probiotic supplement industry has slammed an online beer advertisement for capitalising on therapeutic terms such as ‘pro-biotic’ and ‘good for the gut’ which were permitted for being only “tongue-in-cheek” by an alcohol marketing regulator.
In this round-up, we look at new developments from both big and local brands, such as Australia's Jatenergy's launch of lactoferrin-enriched milk powder, Swisse's plans to roll out supplements with upcycled grape seed extract, and Dabur...
Singapore-based LVL Life and its plant-based superfood powder blends have seen sales surge during the COVID-19 outbreak with rising consumer demand and a resilient e-commerce strategy combining for its success.
A report from Australian regulator the Therapeutic Goods Administration (TGA) found that the percentage of health supplements that breached regulatory compliances in the second half of last year was less than that of 2018.
In this round-up, we shine the spotlight on China's new cross-border e-commerce pilot zones and its implications for the supplement industry, India's task force to stem unsupported product claims against COVID-19, and more.