South Korea’s imports of Health Functional Foods (HFF) saw a decline for the first time in four years, with volumes shrinking 9.5 per cent in the first six months of this year.
The South Korean government has announced a new food imports plan to be enforced in 2023 which will involve the use of Artificial Intelligence (AI) to improve its monitoring and inspections processes.
China’s reduction of import tariffs, including supplement products such as fish oil soft gel capsules and Food for Special Medical Purposes (FSMPs), will make both imports and local production more competitive, according to industry experts.
China’s increasing interest in nicotinamide mononucleotide (NMN), colloquially known as ‘the longevity pill’ in the country, has push sales to a new high for brands from the US brand Doctor’s Best, New Zealand’s EZZ, and Japan’s NADaltus.
The South Korean authorities has introduced a one-year long policy which requires all imported Antarctic krill products, including supplements, to be proven safe before they can be successfully imported into the country.
China imported dietary supplements worth US$2bn, up 32.1%, with a new report highlighting edible bird’s nest and seal oil as categories with big growth.
The recent coronavirus outbreak originating from animals in China has seen food and beverage authorities and industries worldwide taking steps to prevent spreading or ‘importing’ the virus into their countries – some more aggressively than others.
Swisse and Biolsland took the top spots for imported brands in China last year, with Australia named the number one exporter to China, according to statistics gathered by the China Chamber of Commerce of Medicines and Health Products Importers and Exporters...
Ninety-eight per cent of the approved health food filings in China over the last 18 months went to domestic firms, a Chinese regulatory consultancy has found.