Australian supplement companies expand markets
Despite reductions in export revenue, Australia’s supplements sector expanded during the pandemic, with firms pivoting to immunity products and finding new export markets.
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Cattle at SA’s new $90m sustainable processing plant will eat seaweed
A seaweed-laced feed that curbs cows’ methane emissions by up to 99% is just one of the ‘green’ innovations at Pirie Meats’ new processing facility.
Boom market for Reishi mushrooms: new report
According to a new report from AMR, the global market for health-promoting Reishi mushrooms will grow at a CAGR of 8.1% between now and 2027 to more than $6.5 billion.
Blackmores reports five-year-high in sales of supplements to China
in its latest half-yearly figures, Australia’s largest supplements manufacturer has reported record revenue from China and strong South-East Asian performance, offsetting for a slump in local sales.
ANPC to develop biobank for WA’s Noongyar people
Researchers from Murdoch University have connected with Aboriginal Elders to develop the first living biobank specific to Western Australia’s First Nations people.
CSIRO, Fresh Select to turn vegetables losses into high-nutrient gains
Australia’s national science organisation has teamed with national vegie producer Fresh Select to launch new food manufacturing company, Nutri V, which plans to process surplus fresh vegetables into powders, snack foods and more.
Healthy home-and-away growth in Australia’s supplements sector, reports CMA
A recent report from Complementary Medicines Australia shows the nation’s vitamin and supplements sector continuing to surge in domestic and export markets, especially across Asia.
Chinese dietary-supplement buyers value quality and listed ingredients most, finds USP
According to data from the United States Pharmacopeia, the top three purchase criteria for dietary supplements among Chinese consumers are product quality (79 per cent), ingredient list (60%) and quality assurance seal (53%).