On January 7, Hua Fu Securities released a report on the food and beverage industry, noting that the “silver generation” and “younger generation” are the primary drivers of industry growth. With increased health awareness and an aging population, the industry is poised for sustained momentum and significant growth potential. Key companies to watch include: By-Health … Read more
With increasing issues like late-night habits, stress, poor sleep, and growing health awareness, younger generations, including those born in the ’90s and ’00s, have become a significant consumer group for health products. Data from Tmall Health in 2023 highlights this trend: The post-90s generation accounted for 30% of Coenzyme Q10 purchases and 45% of liver … Read more
Recently, Fengshi Technology received RMB 30 million (approximately USD 4.11 million) in strategic funding from Shandong Finance Capital Management Co., Ltd. According to the agreement, the funds will be allocated for the comprehensive development and utilization of marine pharmaceuticals and bioproducts. Fengshi Technology specializes in the R&D of nutritional products, focusing on Antarctic krill oil … Read more
Recently, through the National Health Commission’s (NHC) Administrative Licensing Query System, it was revealed that the Terminated Review List for New Food Ingredients now includes pyrroloquinoline quinone disodium salt (PQQ), Lianghe Gleditsia sinensis, and glutathione-rich yeast powder (formerly “glutathione yeast”). As of now, 86 new food ingredients have been terminated from review. Pyrroloquinoline Quinone Disodium … Read more
On January 6, the National Center for Food Safety Risk Assessment (CFSA) announced a public consultation on two new food ingredients: olive fruit polyphenols and Saccharomyces cerevisiae CNCM I-3799. Feedback will be accepted until February 5, 2025. Olive fruit polyphenols are derived from the fruit of Olea europaea L. (commonly known as olive) through processes … Read more
On December 30, Numans issued an announcement regarding its upcoming global share offering of 250 million shares, including 25 million shares for the Hong Kong public offering and 225 million shares for the international placement. An additional 15% overallotment option is available. The subscription period runs from December 30, 2024, to January 7, 2025, with … Read more
On December 30, YuanYu Biotech’s Protoga officially announced a groundbreaking technological achievement. Utilizing gene editing and advanced fermentation engineering technologies, the company successfully unraveled the mechanism behind yeast synthesis of all-trans astaxanthin, significantly enhancing production efficiency and purity. (Source: YuanYu Biotech) Sign Up to Receive China Updates Weekly Newsletter for FREE, HERE Visit HPA-China’s Information … Read more
In recent years, consumption channels for health products have shifted, with the share of direct sales gradually declining. Pharmacies, shopping malls, and online platforms (e-commerce) are now the mainstream channels for purchasing health products. Among them, e-commerce has become increasingly dominant due to its diverse product offerings and convenient shopping experience. Overall, e-commerce has emerged … Read more
On December 31, Werdery launched its new Daily Beauty Probiotic Drink. The product includes patented collagen peptides, sodium hyaluronate, and niacinamide, combined with a scientifically formulated probiotic blend: Lactobacillus rhamnosus JL-1, Lactobacillus plantarum LA-G80, and Bifidobacterium animalis subsp. lactis BL-G101. (Source: Werdery) Sign Up to Receive China Updates Weekly Newsletter for FREE, HERE Visit HPA-China’s … Read more
On January 1, Meiyan introduced its PQQ Salt Collagen Peptide Beverage, marking the beginning of the 3.0 era for Meiyan collagen peptide drinks. The product features PQQ salt, 500mg of type III collagen peptides for the first time, 1000mg of tripeptides, as well as bonito elastin peptides and sodium hyaluronate. (Source: Unified Meiyan) Sign Up … Read more
