Applications, Strategies and Science for Health and Nutrition
By Functional Ingredients Staff
Tetra Pak, whose clients include Nestle and F&N, expects to see a steady 3% increase in compound annual growth rate of the dairy market from 2009 to 2012 with white and flavoured milk products key.
By Kimberly Lord Stewart
The Shanghai Panda Dairy Company was shut down the last week of 2009, almost a year to the day that inspectors discovered melamine tainted-milk products in late Dec. 2008.
The Korean Food and Drug Administration has approved a product specific Health Functional Food, specifically PAC-standardized whole cranberry powder (PACran), made and distributed by Lallemand Health Ingredients and Decas Botanical Synergies.
By Richard Clarke
DSM continues its search for partners in China as the company prepares for further growth in the country, which in 2008 represented 8% of DSM's net sales.
Herbalife Ltd., a global nutrition and direct-selling company, announced that it has begun operations in Vietnam, making this the 71st country where the company conducts business.
The global market for products such as vitamins, dietary supplements, botanicals and tonics was estimated to be in excess of USD 60 billion in 2007, and the Asia Pacific region contributes more than 40% of these sales.
Canada-based Afexa Life Sciences, makers of Cold FX, will launch their ginseng-based cold product in Hong Kong and Macau this fall, on the brink of cold and flu season.
Sales of vitamins and dietary supplements in India rose 55 per cent between 2003 and 2008 and will increase again by 33 per cent over the next five years, according to a new report from Euromonitor International.
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