Chinese consumers’ spending boomed during the seven-day National Day holiday in the first week of this month, driven by huge demand for catering services and entertainment businesses, adding positive signs to the recent economic growth momentum, according to data from nationwide payment platforms. In the “Golden Week”, NetsUnion Clearing Corp, China’s national online payment clearinghouse, … Read more
The first live-streaming event was held on August 25, 2021 and was organized by HPA-China and Foodmate in conjunction with partners IPA (International Probiotics Association) and FiAsia China Expo team (Informa). The event was three hours long and welcomed speakers from Chr Hansen, IFF Dupont, Lallemand, Novozymes and Yili Dairy Group. In total, the event … Read more
A new kind of chemotherapy derived from a molecule found in a Himalayan fungus has been revealed as a potent anti-cancer agent, and may in the future provide a new treatment option for patients with cancer. NUC-7738, synthesized by researchers at the University of Oxford in partnership with UK-based biopharmaceutical company NuCana, is still in the … Read more
On the evening of October 4, H&H Group announced the completion of its acquisition of Zesty Paws, LLC, a premium online pet nutrition supplement company in the United States. H&H Group launched the Pet Nutrition and Care Products business unit (PNC) in March 2021, expanding its growth engine from infant and adult nutrition to pet … Read more
The cost to transport shipping containers between China and the United States surged to a record high in September. According to the Freightos Index, the median cost of shipping a standard rectangular metal container from China to the West Coast hit $20,586, nearly double what it cost in July, which was twice what it cost in January. The rising shipping … Read more
Construction of the largest hemp processing plant has been completed in Jeffersonville, Indiana after more than 2 years of construction. The US$80 million Hemprise investment is a 100,000 square-foot facility located in the River Ridge Commerce Center. Funding for the project was provided by Layn Corporation, a China-based food additive company. Hemprise has the intention of produce … Read more
Mimi’s Rock Corp. announced it has received approval to open a flagship online store in China, with Alibaba’s Tmall Global (“Tmall”), the dominant online platform for cross-border eCommerce in mainland China. The Company continues to execute on its primary strategic mandate of expanding their best-selling brands Dr Tobias and Maritime Naturals to new growth markets and anticipates … Read more
Domestic female Internet platform “Meet you” released a “2020 Double 11 Female Health Food Consumption Insight Report”. Throughout the report, the consumption characteristics of menstruating women deserve special attention, since this group takes up to 54% of the survey population. The health product that menstruating women “want to buy most in the future” is probiotics, … Read more
Herbalife, the world-renowned American nutrition company, has officially released the results of its worldwide “Survey of Nutrient Supplement Awareness and Usage” Survey in China. The data shows that as many as 70% of respondents in China take vitamin or nutrient supplements on a weekly basis, and these products appear increasingly more often in the daily … Read more
Daily nutrition, immune nutrition, educational nutrition, and gastrointestinal nutrition are the four most important segments of the nutrition subdivision. Recently, allergies have gradually become a focus of attention, thus bringing allergy nutrition to become the fifth-largest category in nutritional supplements. In order to resolve allergy problems, one of the most important supportive methods is dietary … Read more
