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In the 2022 annual report, Guang Dong Wedge Co., LTD. disclosed that the company achieved operating revenue of RMB 794 million yuan (USD $115 million), with an increase of 20.97% year-on-year. It’s worth of notice that the company’s product “Golden Bifid”, the live combined bifidobacterium and lactobacillus tablets, attained a gross margin of up to … Read more
Douyin Zibo (自播) (Chinese Tik Tok), AKA Douyin live-streaming hosted by the brand, is a trending marketing method in China. In Feb 2022, 50% of the total Douyin sales of the top 500 brands came from the brand’s own official live-streaming. During the 618 e-commerce holiday in 2022, a total of 25 brands’ official Douyin … Read more
This is a joint press release by Koninklijke DSM N.V. (DSM), Firmenich International SA (Firmenich) and Danube AG, to be renamed DSM-Firmenich AG (the Company) in connection with the voluntary public exchange offer by the Company for all the issued and outstanding ordinary shares in the share capital of DSM (each such share, a DSM … Read more
According to iimedia consulting, the Chinese baked pastry market reached RMB 260.08 billion yuan (USD $37.4 billion) in 2021, up 19.9% year-on-year, and is estimated to reach RMB 306.99 billion yuan (USD $44.1 billion) in 2023. Founded in August 2022, TaoXiManMan innovatively combined concepts of low sugar and probiotics with Chinese freshly baked pastry to … Read more
After a two-year transition period, on February 22, the “New National Standards” for infant formula were officially implemented. Known as the “strictest ever standards” in the industry, the new national standards have revised and supplemented the minimum and maximum limits of nutrient content in infant formula. According to the requirements, infant formulas produced after Feb. … Read more
The domestic postbiotic market started late and is still in the early stages of postbiotic research, development, and application. On February 21, 2023, the launch of the first domestic “Group Standard for Probiotic products: Lactobacillus Postbiotics” was held in Beijing, with many experts from authoritative institutions and mainstream media gathered at the scene to witness … Read more
Recently, several offshore direct-selling companies have disclosed their revenues. In the fiscal year 2022, Herbalife gained net sales of RMB 2.7 billion yuan (USD $391 million) in China, down 37.9% year-on-year. Nu Skin gained net sales of RMB 2.5 billion yuan (USD $360 million) in China, down 37% year-over-year, which was the largest decline among … Read more
The size of Chinese food for special medical purposes industry has increased from RMB 2.59 billion yuan (USD $370 million) in 2016 to RMB 10.01 billion yuan (USD $1.44 billion) in 2021, with an expansion of about four times. Recently, two Ausnutria food for special medical purposes, “Kangsude Zhenshan” and “Kangsude Shushan”, have officially received … Read more
Huacheng Biology and Ausnutria’s probiotics business brand Bioflag have completed a strategic cooperation signing ceremony. It is reported that this strategic cooperation is based on the theme of “Oriental Bacteria, Mangosteen Sweet and Chinese Core”, and will launch a new generation of throat lozenges-sugar-free probiotic throat lozenges. ADM invested more than $30 million to open … Read more
On February 15, BY-HEALTH and Meituan held a signing ceremony for the 2023 strategic partnership in Beijing, where the two parties will work together to deepen their cooperation and start a new cycle of development in the VDS industry for the following aspects: 1. Build the user’s mental model and enhance brand influence. 2. Expand … Read more
