According to the report, the China consumption expectation index rebounded in 2022, in which the consumption ability and consumption environment sub-indicators improved significantly compared with the previous two years. In 2023, it is expected that residents’ income will grow steadily, and the consumption environment will continue to be optimized. In the aspect of basic living … Read more
On May 6, the National Health Commission of the People’s Republic of China (NHC) issued an announcement (No. 3 of 2023) for “Three New Foods” with 14 products approved, including two new food raw materials, six new food additives, and six food-related products. Details are as follows: New food raw materials (two types) 1. Blueberry … Read more
On March 17, Innova Market Insights released the top 10 food and beverage trends in China in 2023, hoping to provide new ideas for new product development and brand strategy in 2023. 1. Redefining Value: nowadays, Chinese consumers have their own considerations when making purchases, and they will pay more attention to scientific formulas, cost-efficiency, … Read more
In 2022, the National Health Commission of the People’s Republic of China (NHC) issued 3 announcements for “Three New Foods” (No.1, 2022; No.2, 2022; No.5, 2022), with 75 products approved (including new food raw materials, new food additives and products related to food). Among the 75 products, five new food raw materials were approved, these are: Kanzan flower, Pyrroloquinolinequinonedisodium (PQQ) salt, Chlamydomonas … Read more
According to a report in Securities Daily on January 5, consumers’ recent purchase of coenzyme Q10 products and their willingness to buy them have increased greatly. Affected by this news, on January 6, Coenzyme Q10 concept stocks, including Kingdomway, NHU, BY-HEALTH, and Baihe Biology, rushed higher. At present, the main consumer market for Coenzyme Q10 … Read more
