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From the viewpoint of probiotics market size, probiotics health products and functional foods accounted for the highest proportion of 53%, with sales reaching RMB 6.32 billion yuan (USD $870 million). From the perspective of sales growth rate, other probiotic categories performed the best, up 69.7% year-on-year and outperforming the overall market growth of 22.8%. Probiotic … Read more
Recently, Qcc.com showed that Hubei Weiqi Biotechnology Co., Ltd. was established, and the legal representative is Cai Guoliang, with a registered capital of RMB 100 million yuan (USD $13.91 million). This company is jointly owned by Beijing PhaBuilder (60%) and Angle Yeast (40%). The scope of operation includes new membrane materials manufacturing, high-performance fiber and … Read more
In an institutional research, BY-HEALTH mentioned that the company will focus on two basic nutrition categories, calcium and multivitamins, in the second half of the year, thus expecting to maintain a relatively high sales-expense ratio. According to Euromonitor’s data, online channels account for over 40% of the industry’s channel structure, and the company’s online channel … Read more
ChromaDex Corp. (NASDAQ:CDXC) today announced that Sinopharm Xingsha will debut Tru Niagen® at the major mainland China trade show, China International Natural Health & Nutrition Expo (NHNE), which kicks off Tuesday, September 20, in Shanghai. NHNE is Asia’s largest expo on natural health and nutrition products, with over 100,000 distributors and retailers. It is considered the best platform … Read more
ChromaDex Corp. (NASDAQ:CDXC) today announced a partnership with MyPharma2Go to conduct cross-border sales of Tru Niagen® and Tru Niagen®PRO in Brazil, the first Latin American country to welcome the brand. Nicotinamide riboside or NR, the key ingredient in Tru Niagen®, is the world’s most efficient nicotinamide adenine dinucleotide (NAD+) precursor on the market, particularly over NMN (nicotinamide mononucleotide). MyPharma2Go, an … Read more
The National Health Commission issued a notice to further standardize the management of “List of Strains that can be Used for Food” and “List of Strains that can be Used for Infant Food”, and the review body organized experts to update both lists. A 2-year transition period is set for strains involved in the classification … Read more
The China National Center for Food Safety Risk Assessment solicited public opinion on 13 new varieties of food additives, including 11 new varieties of amino acid food nutritional fortifiers such as L-selenium-methylselenocysteine and 2 food additives of fumaric acid and sodium acetate. Moreover, among the 11 new varieties of food fortifiers, there are 10 amino … Read more
Recently, Shuzheng Consulting Group released the first “2022 Bone and Joint Nutrition Health Report” in China. The Report points out that there is a close link between falls in the elder group and the frequent occurrence of osteoarthritis, osteoporosis, and muscle loss. Nutritional fortification, including glucosamine, chondroitin sulfate, creatine, and HMB, is one of the … Read more
Probiotics China Summit 2022 is the fourth industry forum of China probiotics activities hosted by HPA-China. Probiotics China Summit was established in 2019 with the support of the International Probiotics Association (IPA). In coordination with the summit, HPA-China and its partners have built an offline and online communication platform for probiotic-related companies to reach China … Read more
After nearly 8 months of research and refinement, the Chinese Institute of Food Science and Technology formed a scientific review on the “Dose-response Relationship” of probiotics, providing technical references for the health effects of probiotics’ dose index and industrial application in Chinese standards and regulations. 1. The intake amount of probiotics is a key factor … Read more
