Data Snapshot China’s e-commerce sector is undergoing a transformation, with emerging platforms such as Douyin and Pinduoduo rapidly outpacing traditional giants like Tmall and JD.com. While traditional platforms registered a modest growth of only 5% in gross merchandise value (GMV) in 2023, according to Oliver Wyman, emerging platforms surged ahead with a striking 30% growth. This … Read more
Fonterra is focusing on innovation, sustainability and a local presence to meet the evolving demands of Chinese consumers said its visiting executive at the CIIE. CEO Miles Hurrell said the company is aligning its products with China’s rapidly changing consumer preferences, including a commitment to localize products, boosting nutritional options for mid-aged and elderly consumers … Read more
On November 1, Meituan Health disclosed that since the start of the “Double 11” shopping festival, sales of chronic disease medications, nutritional supplements, wellness foods, and personal care products have grown by more than 100% year-on-year. According to data from Meituan’s pharmacy delivery service during “Double 11,” items such as chondroitin calcium tablets, Hayao calcium-iron-zinc … Read more
Recently, Haleon (China) Co., Ltd. underwent a business registration change, raising its registered capital from RMB 270 million to RMB 1.951 billion (approximately USD 267.9 million), an increase of about 623%. The company is wholly owned by Haleon UK Services Limited. Established in August 2015, Haleon (China) Co., Ltd.’s business scope includes the sale of … Read more
As November begins, the vitamin industry is witnessing another surge in prices. According to data from Baiinfo, on November 6, NHU raised the domestic price of feed-grade Vitamin A500 by 30% effective immediately. For Vitamin D3, Garden Biotech increased its domestic price for feed-grade Vitamin D3 (500,000 IU/g) to RMB 400 per kilogram (approximately USD … Read more
On November 6, at the 7th China International Import Expo (CIIE), Ausnutria showcased nearly 60 products across its six imported brands: Kabrita, Hyproca, Nutrition Care, Oz Farm, Amalthea, and CBM goat milk powder. Ausnutria also debuted six new products, including the Kabrita Yue Bai · Platinum Edition and the NC Nasal Comfort Probiotic (upgraded version). … Read more
Recently, Sirio Pharma introduced three new health gummies, including melatonin-free sleep gummies, Mushroom Trio gummies, and Snackable Hydration Gummies. The melatonin-free sleep gummies feature L-theanine as a key ingredient, combined with a unique blend of botanicals, such as chamomile extract, lemon balm, passionflower, valerian root, and lavender, aimed at promoting stress relief and improving sleep … Read more
In accordance with the joint announcement titled “Catalog of Health Food Raw Materials for Ginseng and Other Ingredients” (2023 No. 57) issued by the State Administration for Market Regulation, the National Health Commission, and the National Administration of Traditional Chinese Medicine, the Heilongjiang Provincial Administration has decided, after thorough research, that health food products using … Read more
After over four years in the Chinese market, Czech sports nutrition company Amix has a major goal at this year’s China International Import Expo (CIIE) in Shanghai: to expand its reach within the growing Chinese market. “We are pleased to participate in this fair this year. Since we already have an established business, we think … Read more
Canadian companies are hoping to appeal to Chinese consumers’ growing interest in natural health products at the upcoming China International Import Expo, to be held in Shanghai from Nov 5-10. Nearly 100 Canadian companies will participate in the expo. Jeannie Cheng, chair of the Canada International Trade Promotion Society, said seven companies from British Columbia … Read more
