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nutrionix attracts €4m funding
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france’s nutrionix as closed a €4m deal with investors seventure partners, sham and business angels, which will help it tap growth potential in salt reduction. talking to foodnavigator.com at the vitafoods show in geneva, jean- luc treilloux from nutrionix and isabelle de crémoux from seventure share details of the deal that took place earlier this week. the companies have been working closely together since 2009 and seventure renewed its trust in nutrionix as well as continuing to bring its expertise and contacts in the life science industry. de crémoux explains that the nutrition sector is the most promising sector due to its 10% growth compared to the pharmaceutical industry, where the company's focus is. she believes that both the pharma and nutrition actors can work together to tap into the salt reduction segment. by the end of 2011, nutrionix will have more than 25 products under the umbrella brand ksalt solutions covering a wide range of food products.
Source :foodnavigator.com
Date :
12
May
2011
Category :
food industries Economic
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the 2010 global omega-3 market – just for foods and beverages and food supplements – is worth €5.57bn, according to a new report, with growth predicted of between 15-20%. the omega-3 sector continues to expand, according to packaged facts data packaged facts said the food, beverages and supplements figure, which excludes fish, represented a 17% rise on 2009. “this sector continues to show strong growth, although annual growth rates are naturally moderating downward from the explosive gains seen in 2004 and 2005,” packaged facts observed.
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the european food safety authority (efsa) rejection last week of health claims for sports nutrients like l-carnitine, acetyl of l-carnitine, glutamine or tyrosine may have a devastating effect on the european market, warns french consultancy, nutraveris. the opinions, “would make us think that they might put an end to the existence of sport foods” said ceo cedric bourges. “this wide market particularly includes dietary products for sportsmen like cereal bars, proteins powder or drinks as well as food supplements with plants, vitamins and minerals or some other various substances like carnitine, taurine, creatine and of course proteins,” bourges said.
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\\\'free from\\\' foods are still a niche sector, but strong growth means multinationals will inevitably get in on the game, says mintel\\\'s lynn dornblaser. speaking to foodnavigator.com at vitafoods, dornblaser explains the stories behind the market\\\'s global growth, such as new regulations on allergy labelling in south america, and labelling of products that have never contained any allergens.
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the european energy and sports drinks, foods and supplements market is worth $6.3bn or 15% of a global market leatherhead food research values at $42bn. the us leads the way with 40% of that market. japan has 12%. it found sports and energy drinks accounted for 86% of this figure, food supplements 10% and sports foods 4%. “europe’s largest markets (in energy drinks) include the uk (575 million litres), germany (325 million litres) and spain (318 million litres),” it said.
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the polish over-the-counter (otc) market may be slowing due to lower sickness numbers, but food supplements continue to perform strongly, according to a new report from pmr publications. food supplements remain popular in poland the market analyst said the market for otc medicines, food supplements and nutricosmetic products would decline from 11 per cent growth in 2009, to only three per cent in 2010.
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vitabiotics has withdrawn six food supplements, in a range of pack sizes, because the products contain higher levels of folic acid than mentioned on the product labels. the food standards agency has issued a product withdrawal information notice. product details all batches of products produced before november 2010 are being withdrawn from sale: wellwoman® original 30 capsules wellwoman® original 90 capsules wellman® 30 tablets menopace® 30 tablets menopace® 90 tablets menopace® plus 56 tablets perfectil® triple active 30 tablets – skin, hair & nails perfectil® triple active 90 tablets – skin, hair & nails perfectil® plus 28 tablets/28 capsules – skin, hair & nails no other vitabiotic products are known to be affected.
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roquette has announced a tie-up with renewable oil and bioproducts firm solazyme to develop and commercialise microalgae-derived food ingredients from 2011. traditionally known for its focus on carbohydrates such as starch and sugar, roquette has invested heavily in microalgae since 2008 and the start of its ‘algohub’ research programme with 14 research partners, which has developed algae-based extracts such as omega-3, lutein and astaxanthin for food, food supplement and feed markets.
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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