Japan's Food with Function claims regulation (FFC) has encouraged more SMEs to enter the market, while the major players which have launched products under the scheme are enjoying higher growth, according to new data.
This round-up looks at how brands from Singapore and Australia have formulated postbiotic supplements and coffee, as well as how a South Korean vitamin sachet brand is planning to expand its presence in South East Asia.
This industry trends round-up features the state of Japan's functional yogurt market, factors driving the growth of China's 'underdeveloped' adult probiotic sector, and nutricosmetics consumption behaviour in Malaysia.
JOYRE, a Singapore TCM wellness company specialising in spa services, has developed its first range of functional foods and supplements based on traditional Chinese medicine concepts and modern science, with both local and overseas markets in sight.
With concerns of ‘pill fatigue’ and a growing emphasis on convenience and enjoyment, here is our latest round-up of functional product innovation, including developments from Australia, Japan, China, India, and Singapore.
New Zealand has long enjoyed a good reputation for high-quality and safe food exports, and the industry is now beefing up its efforts in the functional ingredient and foods space, with Japan, South Korea, Taiwan, Thailand, and China top of mind.
Problems with registration and ingredient compliance are some of the most common mistakes that nutraceutical firms have made when exporting their products to South Korea, according to a regulatory consultancy firm.
Products with Food for Specified Health Uses (FOSHU or TOKUHO) claims still represent the largest share in the health foods and supplements market, although products with Food with Function Claims (FFC) have been growing steadily since 2015.
New Zealand’s High-Value Nutrition (HVN) National Science Challenge and industry partners are seeking to establish two new ‘highly functional natural foods’ – Karengo, a type of edible seaweed, and Mamaku, a type of tree fern.
The market for functional foods containing omega-3 is ripe for innovation in Asia and the Middle East, with one start-up claiming it can provide 250mg of eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) in 30g of chocolate.
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...