Network marketing giant Herbalife reported a 10% full year net sales rise in its year-end earnings statement. The company recorded just a shade under $5 billion in yearly sales.
Irish dairy and ingredients conglomerate Glanbia has continued its diversification into the ingredients space with the acquisition of US firm Watson for a reported $89 million.
Despite the changing face of retail putting brick and mortar outlets under increasing pressure, Natural Grocers seems to have cracked the code, at least for the moment. The company posted a greater than 9% net sales increase in its most recent quarter.
Legacy supplement brand Twinlab says it has turned a corner in its manufacturing restructuring while simultaneously rolling out a CBD educational resource as a first step toward a line of phytocannabinoid products.
The Botanical Adulterants Prevention Program has released a draft version of its standard operating procedure for the destruction of defective ingredients, which has been seen as a landmark in the dietary supplement industry’s self regulation efforts.
Liquid I.V., a development stage company that has found success with clever marketing of its hydration beverage, has secured $5 million in a star-studded private funding round.
China looks set to implement new cross border e-commerce (CBEC) rules on January 1 next year, according to New Zealand Trade and Enterprise (NZTE). This is likely to lead to additional regulation and taxes for supplement and functional food firms.
DSM has again made Fortune magazine's Change the World list, an annual recognition of companies that have had a positive social impact through their core business strategy.
Reckitt Benckiser and Kellogg are said to have joined the race to purchase GSK consumer nutrition business – with Nestlé, Unilever, Mondelēz and Coca-Cola already reportedly interested in the business.
Nature’s Sunshine, a network marketing company focused on dietary supplements, recorded strong sales growth but essentially no profits in its second quarter earnings statement.
Practitioner brand Designs for Health has moved aggressively to protect its brand from what it say are unauthorized resellers. It’s a problem that has plagued the industry for years, the company said.
Japan beer company Kirin, together with multi-portfolio firm Mitsui, is investing in New York-based Thorne Research to expand its range of supplement products.
Abbott Laboratories has posted 7% organic sales growth in its second quarter, boosted by solid gains in several business segments, including in its human nutrition segment.
The founders of New Chapter have severed their relationship with Procter & Gamble because they said “financial pressures to accelerate profits” meant they could no longer in good conscience continue to associate themselves with the brand.
Global ingredients supplier BASF says it expects to life its Force Majeure on human nutrition products including vitamin A, vitamin E and carotenoids from the middle of Q3 2018.
General Mills has led a funding round that poured $12 million into Boulder,CO-based functional food firm NextFoods and its GoodBelly brand via its venture investing arm 301 Inc.
A €4 million investment from majority shareholder Maabarot Products will help French seaweed and algae specialist Algaia boost development and install new speciality extraction units, says the firm.
Dietary supplement brand holder FitLife Brands has posted its first quarterly profit in almost two years as it continues to wrestle with a failed acquisition and the struggles of its largest sales platform—GNC.
Kerry Group has cemented its long-standing ties with India by contributing €500,000 to fund a new wing at the Noon Hospital and Research Centre in Rajasthan, India, as part of a five-year support programme.
Network marketing company Mannatech says it is rounding the corner on business disruptions caused by changes made to better comply with US laws against pyramid schemes.
Some dietary supplement ingredients have landed on US President Donald Trump’s proposed list of tariffs on imported Chinese goods. They include CoQ10 and vitamins E, B2 and B12.
Australia's new 'ground-breaking' supplement regulations will stand the sector in good stead for the next 30 years, according to the CEO of national trade body Complementary Medicines Australia (CMA).
GlaxoSmithKline could look to sell some – or all – of its nutrition portfolio to help fund the €10.5 billion acquisition of Novartis’ stake in their consumer-health joint venture.
Nature's Sunshine has emerged from the cloud cast by a software implementation debacle and a delayed entry to the Chinese market to post a moderately positive year-end earnings report.
An investment fund comprised of key execs formerly behind Swisse Wellness is pumping cash into Elle McPherson's WelleCo brand, with a focus on providing operational leadership, growth in the US and China, and help to boost supply chain and sourcing...
New regulations set to take effect in Brazil will significantly improve market access for dietary ingredients and finished dietary supplements, an expert says.
Balchem Corporation has ridden a string of acquisitions in human nutrition and a rising tide of choline awareness to record results in its most recent earnings statement.
Activist investor Bill Ackman has reportedly exited his short position on Herbalife, ending a high profile, multi-year attempt to drive down the company’s stock price with allegations that its business model constituted an illegal pyramid scheme.
Herbalife says it is successfully emerging from the pall cast by an investigation and subsequent fine levied by the US Federal Trade Commission. The network marketing giant said fourth quarter earnings showed that business is trending back up after taking...
In its preliminary fiscal year end report, ChromaDex says its increased transaction revenue is ample compensation for heavy marketing expenditures and sharply higher losses.
Usana Health Sciences passed the $1 billion mark in annual sales with a strong year-end earnings report that included strong growth in key markets in Asia.
Supplement firm GNC looks set for considerable expansion in China, with Harbin Pharmaceutical Group Holding Co (Hayao) investing $300m to become the firm's largest single shareholder.
Exporters of dietary supplements into China need to be familiar with that country's dominant WeChat social media platform if they want to thrive, an industry association executive said.
Chinese investment into Australian health firms, including supplement manufacturers, will continue to grow as the country's healthcare system matures and the population ages, analysts from KPMG are forecasting.
Natural Grocers’ stock price plunged more than 25% yesterday after the company missed profit projections in its most recent earnings statement. The stock price decline came despite an uptick in revenue.
A joint venture between ingredient suppliers Cargill and PURIS announced today will allow for the significant expansion of pea protein production at a time when more consumers are looking for plant-based options that deliver health benefits, are sustainable...
Most food and beverage startups dream of expanding from a local brand serving only a handful of stores to one that is nationally distributed to hundreds or thousands of retailers, but the logistics of getting there can be a nightmare if not carefully...
With GNC shares trading near 52-week and all time lows and the collapse of a planned bond issue the rumors of a sale of the parent company are likely to gather steam in the coming year.
By Michael McGuffin, president, American Herbal Products Association
The herbal industry continued to evolve in 2017 to meet the steadily increasing demand for high quality botanical ingredients in an array of consumer goods from teas and health supplements to personal care products and Traditional Chinese Medicine.
A bill now before the US House of Representatives that seeks to clarify the boundaries of Multi Level Marketing operations is imperfect but better than the status quo, said an attorney familiar with the sector.
