-
M&A activity reveals dominance of sports nutrition
The food and beverage industry has been under immense pressure in recent years as increased costs, resulting from factors including climate change and geopolitical unrest, have taken their toll. Added to that, the cost-of-living crisis has hit consumers hard, tightening budgets and changing buying behavioursโ. However, despite these challenges, activity in the mergers and acquisitions…
-
Trend tracker: Fish oil supply, innovation in ginseng, krill oil and more
Australia aims to take back Chinaโs no. 1 health supplements exporter spot from the USโโ Australia is aiming to topple the US as Chinaโs number one health supplements exporter โ a title which it first held in 2018 โ on the back of warming political relations and market-focused NPD. Australia became Chinaโs largest exporter for…
-
Functional chocolate spheres reach International Space Station
While it took the news some time to officially reach Earth due to NASA protocols, the food innovation start-up that developed the truffles is celebrating the crossing of this frontier as a giant leap for its mission to enhance human performance through functional food. “We are thrilled to share Astreas chocolate spheres with the ISS…