Delegates from the International Probiotics Association and the Brazilian regulatory authorities ANVISA will discuss the science and regulatory landscape for probiotics at an upcoming workshop.
Omega Protein reported record quarterly revenues driven by a recovering omega-3 market and an increasing willingness on the part of customers to consider raw material choices beyond anchovies.
In a welcome bit of news for the omega-3s industry, the Peruvian government has opened a second fishing season for anchovies. The season had been under threat of closure because of the effects of the impending El Niño ocean warming phenomenon.
By Steve Osborn, Principal Consultant, Food and Beverage, The Aurora Ceres Partnership, Banamex Mexico City, Mexico
What are the hottest trends in food and beverage in Latin America? Steve Osborn, principal consultant, food and beverage, at The Aurora Ceres Partnership, headed to the Food Tech Expo and Summit in Mexico City to find out...
Mexican carotenoids manufacturing Piveg is expanding to meet a market demand that CEO Roberto Espinoza says will remain strong for the foreseeable future, a demand that he said is bolstered by the company's certifications of quality.
Flour made from chañar fruit (Geoffroea decorticans) may be used as a functional food ingredient to help reduce the risk of conditions associated with oxidative stress and inflammation, researchers report.
Hi-Tech Pharmaceuticals, a controversial Georgia-based dietary supplement finished products and contract manufacturer, has announced plans to acquire a major Mexican dietary supplement and OTC drug manufacturer, the company announced this week. Hi-Tech...
The widely publicized issues affecting the Brazilian economy is a concern for companies selling ingredients there, but the underlying demand for health and wellness products means market growth is still a realistic possibility, says one executive.
Geography, and how it informs thinking, plays a big role in how North Americans view markets south of the border, says an ingredient company executive with broad experience in the region. It’s a mistake to treat the region as a monolith, as many North...
The demand for health food and dietary supplements in Brazil is being driven by consumer trends in the country, according to recent market research presented by Mintel. Almost a third of Brazilians who consume healthy products would like to see a wider...
After a months-long interregnum, George Paraskevakos, the new executive director of the International Probiotics Association, formally takes up the reins pledging that the organization will become more agile and vocal in defending and promoting the ingredients.
A new nongovernmental organization devoted to research on the Antarctic ecosystem, source of the world’s krill oil omega-3 supplements, has called for its initial round of research proposals.
The fragmentation of the market for dietary supplement and food ingredients in Latin America makes it imperative to find the right local partners, said an executive familiar with the business climate there. Local market conditions and regulatory hurdles...
Worldwide demand for aloe means acreage for this important botanical continues to expand in Mexico, one of the main sources of the ingredient. And that demand has been driven largely by products sold through network marketing companies, an expert says.
Jim Hamilton is expecting an ‘incredibly intriguing future’ for omega-3 and krill, with Neptune Technologies & Bioressources’ new CEO looking to the science to drive future development in the sector.
Toronto-based EastGate Biotech Corp. is taking a small approach to a big problem by applying nanotechnology to improve the bioavailability of a blood sugar management dietary supplement formulation. The company is ready for market in Canada with a newly...
Aker BioMarine, the world’s largest single harvester of krill, says a renewed Marine Stewardship Council certification of its Antarctic fishery should finally put sustainability concerns about its operations to rest.
SDC Nutrition, a producer of sports nutrition products, has seen growth in Latin American markets help to push the company to the rank of the fastest growing manufacturer based in Pittsburgh.
From polyphenols and prebiotics to a focus on Latin America, healthy aging and functional foods, NutraIngredients-USA’s special editions have set traffic records because of their in-depth coverage and exclusive content. Today we feature part two of our...
A new distribution partnership between Ganeden and Grupo Saporiti, S.A. will increase availability of the GanedenBC30 probiotic ingredient in select South American markets, the companies have announced.
Botanical extract giant Naturex is opening a subsidiary in Chile to strengthen its position in Latin America. The move follows its January 2014 acquisition of Chile Botanics and its factory in Linares.
Soaring demand from China and an extremely steep rise in prices has distorted the market for the Peruvian botanical maca to the point where non Chinese buyers have been all but priced out of the trade. The influx of cash has brought violence, too, with...
The recent closure of the fishing season in Peru will sent a pulse through the omega-3s market. Aldo Bernasconi, PhD of GOED, analyzed some recent data for NutraIngredients-USA to give a picture about how that temporary scarcity might affect niche US...
Network marketing giant Herbal reported sales growth but missed analysts’ expectations for earnings in its third quarter of 2014. Part of the earnings miss was caused by the steep devaluation of Nicaragua’s currency and so was characterized by management...
Authorities have closed the upcoming three-month anchovy fishing season in Peru because insufficient numbers of fish were found in a recent acoustic survey. Fishing quotas have been sharply reduced during other low fish seasons, but this is the first...
After a years long pilot process, the new label Food Justice Certified is ready for market. The new designation aims to do what the USDA Organic Certification does not, and that is to verify that in every link of the food chain there is fair treatment...
They have dietary supplement markets of approximately equal value and growth, but with vastly different population sizes, market dynamics, and regulatory environments. As part of our special on LATAM, we take a look at the region's two big fish.
Hispanic consumers are an area of untapped growth potential for dietary supplement marketers, according to a report from market research firms Packaged Facts.
Sales of vitamins and dietary supplements grew 9% in 2013 to reach Mx$15.7 billion ($1.2 billion) as increased visibility over the country’s main diseases have consumers thinking more about prevention, according to a report from Euromonitor International.
Last year, sales of vitamins and dietary supplements in Brazil increased by 9%, reaching R$3.2 billion ($1.4 billion), as a growing cohort of younger consumers seek a healthy lifestyle and take a more preventive approach to wellness, according to a report...
The regulatory picture for dietary supplements in Latin America is still very much a patchwork quilt, according to an expert who has studied the markets. But harmonization is on the horizon, and companies that are up to speed stand to reap the benefits.
Just ahead of the 2014 Vitafoods Conference in São Paulo, Brazil, a spokesperson for the Brazilian Health Surveillance Agency (ANVISA) caught up with NutraIngredients-USA to discuss the exploding market for dietary supplements and functional foods and...
Health and wellness packaged food and beverages continue to chart strong growth in South America, driven largely by Brazil’s fast-growing middle class.
Nestlé may have canned Jenny Craig, and regulators clamped down on the sector's claim-making, but weight management products are booming globally, especially in increasingly image driven emerging economies like India and Brazil. It has pushed beyond...
USANA, a global network marketing company focused solely on nutritional products, recently announced plans to expand into Colombia during the third quarter of 2013. It is the 19th country the company will operate in.
The Brazilian functional and fortified packaged foods and dietary supplements markets have hit almost US$10 billion, says data from Euromonitor International.
Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition has been blocked by Mexican competition officials over concerns that the deal could lead to price increases.
