CBD is on fire, but market remains dogged by regulatory confusion and unclear terminology surrounding hemp
CBD is on fire, but market remains dogged by regulatory confusion and unclear terminology surrounding hemp The U.S. market for foods and beverages featuring hemp-derived CBD could be worth $2.5 billion by 2023, or 10.5 percent of an estimated $23.7 billion market for CBD products, according to a new report from Brightfield Group. The estimate is based on the assumption that FDA will create a legal pathway forward for CBD. Read more→
Expert Insights: "Raising the bar on claims substantiation" webinar now available for viewing
The UNPA Expert Insights webinar, "Raising the bar on claims substantiation," sponsored by TraceGains, is now available for post-session viewing. The session explains the current regulatory climate and reviews new software tools that can help simplify researching and substantiating claims.
Rocky Mountain Dietary Supplement Forum offers discount to UNPA members
EARLY BIRD DISCOUNT DEADLINE EXTENDED to July 19! The UNPA-sponsored Rocky Mountain Dietary Supplement Forum, Sept. 26-27, in Boulder Colo., is offering a 10 percent registration discount for UNPA members. The annual conference will focus on "What’s new in the dietary supplement industry for 2019." To receive the discount, enter "UNPA" in the field titled “Admin Only” on the registration page.
Foreign regulation could influence DSHEA reform Regulatory models around the world could influence the reform of the 25-year-old Dietary Supplement Health and Education Act of 1994 (DSHEA). Government officials and industry representatives weighing reforms may be considering the pros and cons of government frameworks in Canada and around the world.
DaVinci Laboratories issues allergy alert for undeclared fish allergen in omega-3 product Out of an abundance of caution, DaVinci Laboratories, a division of FoodScience Corporation of Williston, Vt., has contacted FDA and is voluntarily recalling 256 bottles of Omega-3 1000 that may be labeled as Dim Plex. A small number of bottles may contain undeclared fish (anchovy & sardines) allergen.
Kaneka moves to acquire AB-Biotics in non-hostile takeover bid AB-Biotics is the subject of a €38 million takeover bid by its largest shareholder, Kaneka Europe, which is looking to acquire the remaining 60 percent of the probiotics specialist, valuing the firm at €63 million.
Gauging supplement M&A activity Valued at $46 billion in 2018, the U.S. supplement industry continues to thrive—a factor that likely influenced a variety of strategic merger and acquisition (M&A) investments in recent years. Natural Products INSIDER sat down with Grant Ferrier of Nutrition Capital Network and Bakley Smith of Green Circle Capital Advisors to discuss M&A activity.
Iowa AG warns of potential criminal actions against CBD marketers Iowa officials warned CBD products won’t necessarily be legal even after they are removed from the list of controlled substances under state law.
Update on the regulatory status of cannabidiol in food, dietary supplements and future prospects This article covers the regulatory status for using cannabidiol (CBD) as a dietary supplement and presents FDA’s position as well as conflicting viewpoints taken by some in the industry. The impact of the Agricultural Improvement Act of 2018 is evaluated, along with the future prospects for CBD.
New partnerships mean more CBD-infused beverages for humans -- and dogs The deals keep flowing in the CBD-infused beverage category, with new partnerships involving Bhang Inc., Jones Soda, Elev8 Hemp and American Premium Water, which is unleashing CBD water for dogs.
Researchers study novel, cost-effective way of quantifying four vitamin B12 bioactives Researchers from global testing firm Eurofins and lab equipment company MilliporeSigma are testing a “simpler, less time-consuming, and more economical” method of quality control and determination of four bioactive types of vitamin B12.
Microphyt raises €28.5 million in microalgae-based product development French microalgae specialist Microphyt takes a step forward in its expansion plans with the €28.5 million raised in its latest funding round that reaffirms investor confidence in the microalgae sector.
Royal DSM and Avril Group collaborate to bring canola-based protein to market Netherlands-based Royal DSM and French company the Avril Group are collaborating to bring a non-GMO canola-based protein to market. The collaboration combines DSM’s expertise in formulating solutions for food and beverage applications and Avril’s ability to consistently deliver high-quality agricultural supply.
Belgium recalls the same curcumin-based supplement linked to Italian hepatitis cases Belgium’s Federal Agency for Food Safety warns consumers to avoid the same curcumin-based supplement known to Italian authorities after that country also reported cases of acute cholestatic hepatitis.
Expediting the process: Australian trade body reveals crucial ‘Country of Origin’ consultation is underway A consultation process over Australia’s Country of Origin labeling rules is underway. The guidelines came under scrutiny after a leading brand was refused permission to use “Made in Australia” claims for product using imported fish oil.
USP director hopeful that expert panel’s recent paper spurs interest in quality certifications A recent paper by a USP expert panel on probiotics has attracted some good attention, and that will hopefully translate into more stakeholders looking to get third-party quality certifications for their product, according to USP’s Kit Goldman, Ph.D.
New probiotics fermentation unit now in operation at DuPont’s probiotics plant DuPont announced that it is opening a new state-of-the-art probiotics fermentation unit at its Rochester, N.Y., facility. Part of an overall $100 million investment to expand its probiotics capacity, construction of the unit was completed in March.
Bayer appears serious about settling Roundup lawsuits Although Bayer has stated it intends to defend itself against the plethora of lawsuits that claim Roundup causes cancer, analysts are now saying that the cases may result in a settlement of around $10 billion. Bayer-Monsanto also announced it is devoting $5.6 billion to research weed-killing glyphosate alternatives.
No single, simple solution: Why a holistic approach is key to improving cognitive health Maintaining and improving cognitive health among APAC’s rapidly aging population requires a holistic approach, considering the gut-brain axis, nutrition intake and the need for a personalized plan, according to Belinda Reynolds, director of research, product development and emerging markets at Blackmores’-owned practitioner brand Bioceuticals.
Kin Spritz aims for non-alcoholic ‘euphoria’ The simple concept that a beverage should make you feel good might not seem like the kind of all-important “white space” that can help a new brand attack the ready-to-drink market, but Kin Euphorics is betting it can capture non-drinkers by promising a good guilt-free buzz.
Solar Foods makes protein out of thin air: 'This is the most environmentally friendly food there is' Finnish startup Solar Foods has developed a complete protein made from carbon dioxide, air and electricity, according to CEO Pasi Vainikka.
Equinom delivers 'game-changing' non-GMO soy with 50 percent more protein Israeli seed breeding specialist Equinom has developed non-GMO soy with a protein content higher than most other conventional varieties.
Forget synthetic meat: Lab-grown dairy is here A lab-grown, synthetic whey dairy protein from startup Perfect Day is reported to require 98 percent less water and 65 percent less energy to produce than whey from cows.
UNPA MEMBER COMPANY NEWS
Clinical trial supports effect of Longvida curcumin on mood and memory The promising results of an award-winning trial from 2015 on Verdure Science’s Longvida curcumin on mood and cognition have prompted researchers to conduct a follow-up study aimed at determining whether similar effects were evident following 12 weeks of taking Longvida. According to the researchers, the follow-up study confirms that Longvida improves aspects of mood and working memory in a healthy older cohort.
Why top-to-bottom rebrands are all the rage People are shopping using smaller screens now, and companies need to adapt their logo and identity systems for the mobile experience or risk seeming dated.
Plant-based food retail sales grow five times total food sales New data released by The Good Food Institute and the Plant Based Foods Association shows U.S. retail sales of plant-based foods have grown 11 percent in the past year, bringing the total plant-based market value to $4.5 billion. The total U.S. retail food market has grown just 2 percent in dollar sales during this same period—and was flat in unit sales—showing that plant-based foods are a key driver of growth for retailers nationwide.
Demographics out, beliefs in: Nutrition must target what consumers ‘believe, think and feel’ In today’s fast-paced and competitive nutrition market, it’s no longer enough to know your core customers. Industry must understand what they believe, think and feel, according to market research firm Health Focus International.
Omega-3 from flaxseed oil useful against endometrial hyperplasia symptoms Supplementation with omega-3 significantly improves certain symptoms related to endometrial hyperplasia but not its inflammatory and oxidative stress biomarkers, Iranian researchers have found.
Lifestyle demographic factors account for some of the variations in skin and oral microbiomes Network marketing giant Amway has deepened its partnership with biological research firm Microbiome Insights with the release of the largest study yet to look at factors influencing skin and oral microbiome diversity.
An opportunity for probiotics? Vaginal bacteria linked to cancer risk A study published in The Lancet Oncology suggesting women at high risk of developing ovarian cancer have lower levels of protective “friendly” vaginal bacteria, indicates there may be an untapped opportunity for the women’s probiotics industry, according to market analyst firm Lumina Intelligence.
Microbiota and pregnancy: Short-chain fatty acid fermentation linked to reduced risk of complications A mother’s gut bacteria and diet are crucial in promoting a healthy pregnancy, with reduced levels of the short-chain fatty acid acetate–-produced by fermentation in the gut–-being linked to an increased risk of preeclampsia, according to an Australian study.
Never mind timing: This is the whey to muscle gains in aging women Whey protein can help aging women gain muscle, no matter when they take the supplement, say researchers from Brazil and Portugal.
FDA WARNING LETTERS & GUIDANCES
Current FDA enforcement actions and guidances Keep up to date on FDA’s current enforcement actions, including general warning letters, recall information and GMP compliance issues, with this link to FDA's website.
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