Archives for November 4, 2003

← 2003

New bill to overhaul DSHEA regulation of herbal supplements

Legislation that would significantly increase the costs of marketing herbal dietary supplements was introduced in the House of Representatives last week, designed to better prevent adverse events caused by herbal ingredients.

Need for regulation in nutrigenomics?

New research designed to help consumers create customized diets based on their genetic make-up will create ethical and legal challenges with serious implications for the scientific and medical communities, warn international experts.

Korean supplement market ripe for investors?

An overview of the Korean market for nutraceuticals suggests that it is growing by 20-30 per cent annually, representing a significant opportunity for foreign companies.

Soy product prices on the up

Pressure in the soy processing market continues to squeeze margins for food ingredients companies, pushing up prices for manufacturers. Solae said yesterday it will increase its lecithin prices by 5-8 per cent.

Chr Hansen expands in China

Western ingredients companies continue to make inroads into the massive Chinese food market with Danish company Chr Hansen cutting the ribbon yesterday on new facilities in Bejiing.

CRN urges Food Guide to add supplements

The Council for Responsible Nutrition is urging the USDA to incorporate advice on consistent use of multivitamins in its review of the Food Guide Pyramid.

Court clears Twinlab sale

The US bankruptcy court has approved the sale of supplement manufacturer Twinlab to IdeaSphere. Twinlab CEO Ross Blechman says the deal heralds a stronger brand and the potential to reshape the industry.