Kirin said sales of its proprietary functional ingredient Lactococcus lactis strain Plasma and functional foods containing the ingredient has doubled as it detailed plans for its use in both protein bars and powders.
Blackmores' in-market sales in China dipped in the first half of the financial year, causing its shares to slide and emphasising the difficulty in shifting from a daigou-based model to domestic Chinese trade.
Infant formula firm Ausnutria Dairy has announced a 51.6% year-on-year growth in revenue to RMB2,582.4m for H1 2018, largely attributed to the continuous increase in the sales of its house-brand formula products.
A division of China's state-run investment fund is believed to be among the front runners to snap up Australian vitamin maker Nature's Care, as it embarks on its second sale attempt with a price tag of around $1bn.
In an effort to gain more out of its new online subscription service, The Vitamin Shoppe has announced a partnership with platform provider OrderGroove to increase customer enrolment points, and streamline data between brick-and-mortar and online channels.
Blackmores' long-term fortunes in China will be dependent on establishing a successful retail business alongside its current thriving cross-border e-commerce sales, its new CEO told us in an exclusive interview.