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Breaking News on Supplements, Health & Nutrition - North AmericaEU edition

Trends > Financial focus

Financial focus

Financial focus

From the financial performance of ingredients companies to mergers and acquisitions that could impact supply or prices, we provide full details of all the latest financial news from companies operating in this dynamic market sector.

Special edition: Omega-3s

After a bleak couple of years, omega-3 sales are back in the black

After a bleak couple of years, omega-3 sales are back on the rise, said GOED executive director Adam Ismail.

Network marketing continues to be growing outlet for supplements

Network marketing continues to be a huge outlet for nutritional products, and direct selling companies with supplements in their portfolios are among the best performing of these companies.

Mannatech to launch new weight management line in bid to regain momentum

Mannatech, a network marketing company founded on its patented ‘glyconutrient’ line of dietary supplements, is set to unveil a new weight management line the company hopes will boost results after...

MusclePharm ousts Pyatt as CEO, reports steep loss as it implements restructuring plan

MusclePharm CEO Brad Pyatt has resigned following questions from key investors about the firm’s corporate governance and a federal investigation that disclosed unreported perks.

Omega Protein exits high concentrate fish oils business; refocuses on base oil supply

Omega Protein Corporation has made a strategic decision to exit the concentrated omega-3s oils business, an industry segment it has been participating in since 2011. The company announced the move...

Activist investor turns up heat on Omega Protein over diversification strategy

Diversified human nutrition company Omega Protein is in an increasingly bitter battle with an activist investment firm that has questioned the very diversification plan that the company has touted in...

Traders pound USANA's stock over slowdown in China sales

USANA Health Sciences reported $232.6 million in net sales in its fourth quarter, a 2.1% year-over-year increase. That amounted to $1.83 in earnings per share, but these figures disappointed analysts,...

Major product liability insurance provider exits dietary supplements business

A major product liability provider is exiting the dietary supplement field, but observers of insurance trends said it’s unlikely to have big impact on insurance rates or availability.

Online retailer Swanson acquired by private equity firm

One of the dietary supplement industry’s largest online retailers, Swanson Health Products, has been acquired by acquired by a private equity firm.

New Jersey makes it easier for MDs to distribute supplements in move abetted by CRN

The New Jersey state legislature recently passed a law making it easier for health practitioners to integrate the use of dietary supplements into their practices. It’s a move that was...

"Transformational": Hawkins' acquisition of Stauber creates major player in manufacturing, supply space

Hawkins Inc. has announced completion of its acquisition of Stauber Performance Ingredients in a cash for stock transaction valued at $157 million. It’s the second time Stauber has changed hands...

Trends food businesses should take note of for 2016

Consumer trends-analyst Phil Lempert offers a remedy to brand agnosticism, the trend he says “food businesses should be most worried about.”

Opportunities in China driving strong outlook for supplements in 2016, analyst says

Market analyst Steve Hanson expects continued growth and investment in the dietary supplement and health food spaces in 2016, with opportunities in China leading the way.

Investment capital continues to chase protein plays, experts say

Protein via nutrition bars and other delivery modes has driven much of the recent M&A activity in the dietary supplement and functional foods space, experts say.

Prolific class action law firm sued for alleged racketeering

The firm of prominent attorney Jonathan Emord on behalf of a client has filed a lawsuit against Newport Trial Group, a California law firm noted for its numerous class actions....

Nutranomics' new CEO reportedly to inject own cash into flagging company

The management team at supplement manufacturer Nutranomics has turned over in an effort to reinvigorate a company that has lost sales momentum and whose stock price has declined precipitously.

FitLife Brands stumbles with distribution switch; iSatori merger not seen as panacea

Earlier this year dietary supplement manufacturer FitLife Brands hitched its wagon more firmly to the GNC star. As that leviathan has stumbled in recent months, FitLife has faltered, too, and...

Alternative proteins, delivery tech dominate M&A activity; supplements trail off

The Nutrition Capital Network reports that mergers and acquisitions activity in branded natural and organic food & beverage companies is on a record-setting pace for 2015. In addition, NCN reports...

GNC revenues stall as company weans itself from promotion-heavy culture

GNC Holdings, whose revenue has been under pressure in recent quarters, delivered another mildly disappointing report for its second quarter 2015 earnings. Same-store sales were down and manufacturing revenues were...

Garden of Life takes on B Corps mantle

Garden of Life, a manufacturer of organic dietary supplements, has bolstered it social responsibility message by transforming itself into a B Corp, the company announced this week. 

Higher insurance limit requirements becoming industry-wide trend, broker says

Distributors across the dietary supplement and natural products businesses are requiring higher liability insurance limits for their suppliers. That’s the bad news; the good news is that the insurance is...

Amway opens Buena Park, CA manufacturing and R&D facility to support growth of supplement sales

Amway has passed another milestone in its massive manufacturing expansion with the formal opening of its $42 million manufacturing and R&D in Buena Park, CA.  The center is part of...

Beazley turns up competition in insurance realm with new program specific to supplement companies

Another competitor has arrived in the specialized sphere of insurance for dietary supplement companies in the United States with a new program offered by Beazley Group, a worldwide insurance provider...

Twinlab's manufacturing plant humming with acquisition of contract manufacturing business

Twinlab Consolidated Holdings has acquired the book of business of contract manufacturer Nutricap Labs in a deal that will solidify the plan to maintain the company’s in-house manufacturing capacity, Twinlab...

Supplement manufacturing giant Pharmavite acquires FoodState

Dietary supplement manufacturing giant Pharmavite LLC has made a big move into natural channel supplements with its acquisition of whole food supplement manufacturer FoodState Inc. Pharmavite acquired the company from...