HPAchina user In the first quarter of 2024, a total of 153 products received health food registration documents, all of which were domestically produced. Among the approved products of the quarter, 15 products were dual health care functions, accounting for 9.8% of the total number of products. The functions were mainly to alleviate physical fatigue and resist … Read more
On April 16, Ultima Lab, owned by Shanghai Julstone Biotechnology Co., Ltd., completed nearly 1.57 million USD in seed round financing. This round was completed by Changsi Fund and the former founders of Perfect Diary. Its Ultra High Pressure Processing (UHPP) technology not only shortens the extraction time of raw materials and reduces energy consumption, … Read more
On April 3, 2024, the China Health Care Association released the group standard of “Edible Enzymes”. The standard number is T/CHC 1011-2024 and its implementation begins from April 3, 2024. (Source: CHCA) Sign Up to Receive China Updates Weekly Newsletter for FREE, HERE Visit HPA-China’s Information Hub, HERE
The China Food Additives and Ingredients Association(CFAA) will hold the “2024 Food Industry Innovation Development and Food Sugar-Reduction Summit” as well as the 2024 Industry Annual Meeting of the Sweetener Professional Committee and Functional Sugar Ingredients Professional Committee from June 12-14, 2024. The “2024 Food Industry Innovation Development and Food Sugar-Reduction Summit” involves the following … Read more
Comparing the GDP growth rates with the growth rates of the nutritional health food industry, whether in China, the United States, or Japan, the growth rate of the nutritional health food industry has not been greatly affected by economic fluctuations. On the contrary, the industry has maintained relatively robust high growth over the decade from … Read more
Bulletproof beverages, which are high in fat and rich in protein, are designed for low-carbohydrate diet plans to meet the plan’s fat or energy ratio. Typically, bulletproof beverages are drinks like coffee and black tea with added coconut oil, butter, cream, or medium-chain fatty acids. In 2022, the market size of the bulletproof beverage industry … Read more
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HPA-China and its partner FiAsia China Expo are hosting its annual probiotic summit during FiAsia China Expo in Shanghai. See below for details. There are five speaking / sponsorship opportunities for those in the probiotic industry to present their company’s pre, pro or post biotic ingredients to the audience. This spots are first come first … Read more
Consumers in Japan are shying away from dietary supplements and other so-called functional foods over a health scare linked to red yeast rice products from Kobayashi Pharmaceutical. Other supplement producers are rushing to assure customers that their offerings are safe. But restoring trust in the industry will not be easy, especially given criticism that Japan lacks rigorous measures … Read more
China-based infant-formula major Feihe has seen its profits decline markedly, pointing to the country’s falling birth rate. Hong Kong-listed Feihe, China’s largest infant-formula player with an estimated 17% market share, saw its 2023 revenues fall “primarily due to [the] low birth rate in China and high competitive pressure in the industry”. Nprofit for the year … Read more
