In this round-up, we look at how Danone is banking on new HMO, A2 toddler formulas for success in China, financial performance from BY-HEALTH in the first six months of 2020, and the expansion plans of probiotics firm Scitop Bio-tech.
China Post has opened its first in-house pharmacy in Beijing, but industry experts have argued that several developments are required if it is to lead to significant new opportunities for supplement firms.
South Korea will see the opening of 150 brick-and-mortar stores specialising in selling personalised nutrition products in the next two year as part of a pilot project, said the Ministry of Food and Drug Safety (MFDS).
In this round-up, we highlight the ongoing trends in the health and nutrition industry, including the best-selling vitamin, calcium, Q10 brands in China, how India is leading APAC in terms of new immune health foods launch and more.
Australia’s complementary medicines sector continues to surge, with the sector officially valued at AUD$5.6bn last year (US$3.9bn), up from AUD$5.2bn (US$3.5bn) in 2018, while exports grew by another 15% to AUD$1.1bn (US$766m).
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.