The ingredients industry is, and always has been, driven by
science, but consumers' continuing mistrust of mainstream medicine
and the growing trend towards self care makes it more important
than ever for products to wear their...
GTC Nutrition, a business unit of the corn-based sweetners and
starches company Corn Products International, is raising its focus
on the dietary supplements market with a new appointment to head up
this side of its business.
Food-to-detergents group Unilever is selling its Dextro Energy unit
to Germany's Zertus Group, the companies said on Wednesday, without
disclosing the price.
Neuro Nutrition, a new company formed by a group of industry
veterans to manufacture and supply scientifically validated
supplements for the body and mind, has signed its first marketing
agreement and has a raft of own-brand products...
Soy isoflavone research firm Nutri Pharma is embarking on a new
strategy designed to eliminate risk relating to reliance on
marketing partners for its intellectual property.
The ingredients division of Danish cultures and colours firm Chr.
Hansen pulled in a DKK 369 million (€49m) profit for the year on
sales of DKK 3.4 billion (€460m), a slight dip on the previous year
on rising costs.
Chr Hansen's full year results reveal that the continued growth of
the China market is helping the ingredients company to fight off
the problem of increasing costs.
The Beijing Gingko Group has established a sales and marketing
partnership for the US market with Wixon for its licorice root
extracts and derivatives.
A report published last week suggested that supplement
manufacturers need to win back consumer confidence - shaken by a
spate of negative media reports. Norbert Weitkemper, director of
global marketing for Cognis Nutrition & Health,...
UK developer and marketer of high-nutrition food and drink
products, Nutrinnovator today reported on trading for the last six
months and confirmed its future focus on functional food and
beverages.
Dietary supplement manufacturer Hero Nutritionals last week teamed
up with Integrated Marketing Group (IMG) in an attempt to shed a
little of its Yummi Bear image and move further into the world of
adult supplements. Jim Studer, vice...
First half sales at Aarhus United fell 3 per cent, eroded by price
competition in bulk oils, but improved volumes, particularly in
Mexico, and reduced costs helped it generate solid operating
profits.
CSM, the Dutch food ingredients company, is considering the sale of
its sugar confectionery unit in order to concentrate on its core
bakery supplies and sugar operations - despite a very poor
performance from the bakery unit in the...
St Louis based Reliv International, a manufacturer and marketer of
nutritional supplements, has posted positive global results for the
second fiscal quarter of 2004.
Zila, the Phoenix-based healthcare company, has cited the
development of Ester-E as the main reason for a net loss of of $1.6
million ($0.03 per diluted common share) in its third quarter
results compared to a loss of $639 thousand,...
Primex, the Iceland-based marine biotech company, has strengthened
its position as the world's leading producer of chitosan products
through the acquisition of the bulk chitosan business of Vanson
HaloSource - a move which also...
Nutraceutical International Corporation - one of the US' largest
manufacturers and marketers of branded supplements - has announced
record results for the second quarter of 2004. Record sales for the
company's first half...
Vitamin and supplement maker Nutri Pharmaceuticals Research is
looking to confirm future growth by protecting its oil-to-powder
manufacturing processes.
Weider Nutrition International has reported a turnaround in
operating profit for its third quarter. The selling and marketing
expenses for the company's Move Free brand - that caused profits to
plummet in the first half of 2004...
Dietary supplement marketers, including those behind the
controversial SeaSilver product, are to pay millions in consumer
redress in the latest wave of charges against false claims.
Dosic, the Chinese evening primrose oil supplier, pulled off a 30
per cent climb in European sales last year - with a mature product
in a mature market - by addressing the crux problem for all Chinese
producers targeting Europe.
Quality of Life Labs (QOL), the exclusive US distributor of Active
HexoseCorrelated Compound (AHCC), is aiming for a 200 per cent
increase in sales of the medicinal mushroom this year as licence
partners see strong growth in their...
Leiner Health Products, the leading supplier of private-label
vitamins and dietary supplements in the US, could be up for sale,
according to a report in the New York Post.
Supplement maker Natrol said this week that it will invest further
in better product development and quality assurance to meet growing
consumer demand for higher standards.
The US Federal Trade Commission (FTC) has drawn up a set of
guidelines to assist the media in the voluntary screening of 'too
good to be true' weight loss products and supplements.
Regular consumption of the sugar replacer Isomalt appears to have a
prebiotic effect on gut bacteria, according to preliminary findings
of a study being carried out in Germany.
Leading ingredients firm Danisco has announced its second licensing
deal for the Howaru probiotic strain with Chile's biggest dairy
processor Soprole. The agreement looks set to generate significant
interest among food makers...
Facing up to the current challenging economic climate Danish
ingredients company Chr Hansen last month lifted previous profit
forecasts for the year on the back of decent ingredients growth and
higher exchange rates. Next week at...
Japan's Fuji Chemical is aiming to grow sales of its eye health
ingredient astaxanthin to $10-12 million annually, thanks to a new
merger with Swedish firm BioProcess.
A recent survey on taste and nutrition is the key driver behind a
new marketing campaign from Fleischmann's to raise sales of its
cholesterol-free products.
Nutraceutical International is to acquire the Nature's Life
business, subject to certain contingencies. The deal will give the
leading supplement manufacturer and marketer further store
penetration in key markets.
Naturade, a leading marketer of soy protein products, has managed
to curb losses in its first quarter results, reflecting increased
sales and a successful cost cutting programme.
Cognis Nutrition and Health used the Vitafoods exhibition taking
place in Geneva, Switzerland this week as the right platform to
launch its Tonalin CLA to the European market.
Always one of the biggest stands at Vitafoods, Cognis Nutrition and
Health seem ever more present this year, with heavy marketing,
including an evening event, to launch its Tonalin CLA to the
European market.
Zila's nutraceuticals division said this week that it intends to
expand capacity for production of Ester-C, its patented vitamin C
product, which is generating strong sales.
Lower sales volumes and higher selling expenses resulted in a drop
in net sales for the first quarter ended 31 March 2003 for US
company Technology Flavors & Fragrances (TFF).
Marketer of nutritional supplements NBTY, which has boosted its
wholesale business with recent acquisitions, reported a 10 per cent
rise in sales for the second quarter to $278 million. The firm said
it is to continue with its expansion...
Global sales of nutraceuticals are estimated to reach $74.7 billion
(€68.5bn) by 2007, growing at an average rate of 9.9 per cent
annually for the next five years, says a new report.
ChampionLyte Products, currently in serious financial difficulty,
is to reposition its sugar free sports drink as an upscale niche
product, the company said, announcing a comprehensive restructuring
to accompany the move.
Net income at United Natural Foods was up 4.1 per cent to $5.5
million in the second quarter, the company reported this week,
thanks to a strong growth in both mass market and distribution
sales.
Nutraceutical Clinical Laboratories International reported last
week that tests have demonstrated that its preservative NuPreserv
extends the shelf life of beverages. The company is hoping to
market the product to the global beverage...
Advanced Plant Pharmaceuticals, a company that makes plant-based
supplements, has formed a new venture with supplement marketer
WellQuest International. The new company, which is likely to go
public, will sell APPI's cholesterol...
The Nautilus Group, a US-based marketer and manufacturer of branded
health and fitness products, is to extend its agreement with
nutritional supplements maker Champion Nutrition.
