SINGAPORE: In a strategic move to expand their presence in Southeast Asia, Japan’s Rohto Pharmaceutical and Mitsui & Co have announced plans to acquire prominent Traditional Chinese Medicine (TCM) chain Eu Yan Sang for $800 million. The acquisition, facilitated by a joint venture between the two companies, involves establishing a local special-purpose company to purchase … Read more
According to the white paper “Senior Health and Exclusive Nutrition”, older people in China are easily troubled by muscle atrophy syndrome, osteoporosis and arthritis. Based on the research findings of the white paper, Mengniu YouRui has launched an “exclusive formula”: The protein uses 1.5 times whey protein, the calcium class selects citric acid calcium and … Read more
Recently, Amway’s global CEO, Milind Pant, stated that Amway has invested in China for nearly 30 years, and for 21 consecutive years, China has been Amway’s largest and fastest-growing market globally. In the past three years, Amway China has achieved an average annual growth of 7%, demonstrating the vitality and vigor of China’s health industry. … Read more
“HPA-China commentary: this is definitely an opportunity for dietary supplements in the sports nutrition and weight loss category” The holiday season is a time for families and friends to come together, reconnect and enjoy big reunion feasts. Very often, this is followed by the inevitable battle of the holiday bulge. This year’s Spring Festival holiday, … Read more
The testing of an artificial intelligence model dedicated to traditional Chinese medicine has been completed, with its developers now looking to countries involved in the Belt and Road Initiative as their first overseas markets. The Haihe Qibo model — named after the Haihe, the mother river of Tianjin, and Qibo, a legendary TCM doctor from … Read more
On March 18, By-Health (300146) released its 2023 annual report. In 2023, it achieved operating income of 9.407 billion yuan (US$1.3 billion), a year-on-year increase of 19.66%; net profit was 1.746 billion yuan (US$241 million), a year-on-year increase of 26.01%. In terms of domestic business, the main brand “By-Health” achieved annual revenue of 5.40 billion … Read more
Recently, the National Health Commission accepted applications for three new food ingredients, including lutein esters, Luohan ginseng, and Saccharomyces cerevisiae CNCM1-3799. Luohan ginseng is a rare crop, an exclusive specialty of Shanxian County, Heze, Shandong, and a national geographical indication protected product. It has a long history and culture, and the species is included in … Read more
As per the findings of the “China Nutrition and Health Food Industry Blue Book,” China’s nutrition and health food sector is experiencing sustained expansion, projected to surpass 800 billion yuan by 2027. Notably, online sales are witnessing rapid growth. Moreover, the increasing elderly population in China is fueling the advancement of the nutritional and health … Read more
At the FIC 2024 exhibition, Juneyao Runying unveiled a range of novel oral probiotic offerings, including probiotic microbubble tablets and probiotic popping candies. Additionally, the company actively engaged in FIC’s “Juneyao Runying Probiotics and Starter Market Hot Topic Analysis Seminar.” Dr. Hao Zhanxi from Juneyao Runying Research Institute delivered a special address titled “Sustained Popularity … Read more
On March 15, 2024, Premier Li Qiang signed State Council Order No. 778, promulgating the “Regulations on the Implementation of the Consumer Rights Protection Law of the People’s Republic of China” (hereinafter referred to as the “Regulations”), which will come into effect on July 1, 2024. The promulgation of the “Regulations” aims to further clarify … Read more
