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  NBJ's Weekly News Update February 9, 2010


REGULATORY NEWS
NBJ Analysis: If Passed, McCain Bill Would Eat Away at Supplement Sales
February 9, 2010

In the wake of the U.S. Anti-Doping Agency’s (USADA) “Supplement Safety Now” campaign, Senator John McCain last week introduced the Dietary Supplement Safety Act of 2010, which is aimed at improving the current level of safety and transparency in the U.S. supplement industry. If signed into law, the legislation would alter portions of the Dietary Supplement Health and Education Act (DSHEA) of 1994. Among the major changes would be a requirement for all supplement manufacturers to go through an annual registration process that would include disclosure of all ingredients contained in products. Read More.


NBJ SURVEYS
Attention Organic Food & Beverage Manufacturers, Marketers, and Retailers
Every year the Organic Trade Association, with the support of the U.S. Department of Agriculture, conducts a survey of the organic industry. Nutrition Business Journal is administering OTA’s 2010 Organic Industry Survey. This survey is used by OTA to provide accurate statistical information about trends in the industry and exports, thus widespread industry participation is vital. Respondents will receive an executive summary of the survey findings, plus be entered into a drawing to win one of three free subscriptions to NBJ. Click here to begin the survey or follow the link above.


THE NBJ BLOG
How Functional Are Current Functional Foods and Beverages?
February 9, 2010

Thanks to strides in technology and product formulation, which have allowed for better-tasting functional ingredients with a longer shelf life, the offerings in the functional food and beverage category continue to expand. Despite the recession, 770 new functional food and beverage products were launched in the United States in 2009. But just how “functional” are these products? NBJ Blog.


MARKET RESEARCH
Pre-order: NBJ’s 2010 Global Nutrition Report Today
Nutrition Business Journal undertakes the research for our Global Nutrition Industry Report once every two years. The intent of the report is to provide market size and growth estimates per country/region that can be used for comparison by global industry participants. Read More


FEATURED DATA CHARTS
Now Available 2010 Global Nutrition Industry Data Charts
Global Nutrition Industry Sales by Region: 1995-2014e - Chart 72

China Nutrition Industry: 1999-2010e - Chart 217

Canada Nutrition Industry: 1999-2010e - Chart 219

Visit NBJ 2010 global nutrition data charts to see more global charts.


NBJ NEWS
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NBJ Tweets for the week of 2/3/10 – 2/9/10:


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  • Canadian pharmacy regulators urge pharmacies to stop selling unlicensed natural health remedies
  • Report: McCain Taking Herbal Memory Supplements
  • US military may ‘shock and awe’ omega-3 market
  • Kehe’s $190M acquisition of Tree of Life complete


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BUSINESS NEWS
Clorox: Burt’s Bees, Green Works Hit By Economy
February 9, 2010

Clorox Co. posted a remarkable 28% increase in profits during its second fiscal quarter, thanks in part to a boost in sales of disinfecting products amidst fears of the H1N1 virus. Clorox’s brands of natural & organic personal care (N&OPC) products and household cleaners—including N&OPC sales leader Burt’s Bees and eco-friendly household cleaning giant Green Works—have proven less recession-resilient, however. According to Clorox executives, both brands exhibited reduced volume growth in 2009. Read More.


INDUSTRY EVENTS
Find R&D Success at Nutracon
Sound product development and market strategy will lead your business to success — find what you're looking for at Nutracon, the premier conference for ingredient and technology innovation. Conference tracks include: Healthy Aging, Natural Sweeteners, Antioxidant Science, Weight Management & Obesity, Botanicals & Extracts and Healthy Oils. Nutracon helps companies develop new science-supported products in the supplements, functional foods and beverages, and nutricosmetics sectors.

Use promo code NUTRACON and save $200 off a 2-day conference registration. Nutracon is co-located with SupplyExpo and Natural Products Expo West and your conference badge gives you access to ingredient and technology innovation at all three additional events. Conference Dates: March 10-11, 2010, Anaheim, CA USA. For a complete agenda and to register visit Nutracon Conference




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