Nielsen has released their 2020 forecast for the U.S. Hemp-CBD and CPG Industries, predicting that the market could be a $2.25-2.75 billion industry in 2020—and calling that projection conservative. The estimate accounts for hampered FDA rulings and other possible speed bumps. Rich Maturo, VP, Cannabis Practice at Nielsen, said in...
Ann Arbor, MI—HealthTech BioActives has developed an active form of B12, MecobalActive, which is produced sustainably to avoid negative effects on the environment, according to a press release. Cai Berg, President of Berg Nutrition, exclusive U.S. distributor of MecobalActive, notes in the release that the production of the methylcobalamin form...
Austin, TX—The American Botanical Council (ABC) announced in a press release that the National Association for Holistic Aromatherapy (NAHA) has adopted true lavender (Lavandula angustifolia) through ABC’s Adopt-an-Herb botanical research and education program. NAHA’s adoption supports ABC’s HerbMedPro database, a comprehensive, interactive online database that provides access to important scientific...
Boulder, CO—Extract Labs announced in a press release that it is funding cancer research currently being conducted at Colorado State University at the James L. Voss Veterinary Teaching Hospital. Researchers at CSU are conducting lab-based research on the impact of cannabidiol (CBD) against canine glioma cells, or brain and spinal...
Naperville, IL—KeHE’s Product Innovation Gurus have summarized the top five trends to watch in 2020, according to a press release. Those trends: Nootropics—These substances that boost brain performance will find their way into foods, beverages, beauty products, and supplements. The release cites IRI/SPINS sales data showing that nootropics have seen...
Champaign, IL—Caffeine may offset some of the negative health effects of a diet high in fat and sugar, according to an animal study from the University of Illinois. According to a report on the study from the University, caffeine may reduce the storage of lipids in fat cells, limit weight...
Washington, D.C.—89% of U.S. consumers would like retailers to offer digital receipts as an option to consumers, and millennials and younger Americans are leading that charge, according to a new survey from Green America. Key findings, according to a press release: Nearly 40% of respondents have already signed up for...
The Plant Based Foods Association (PBFA) has launched a plant-based meat test with Kroger, according to a press release. 60 Kroger stores across Denver, Indiana, and Illinois now sport three-foot plant-based meat sets within the conventional meat department. The goal is to measure the impact of changing plant-based meat placement...
The Hain Celestial Group appointed Javier H. Idrovo as Executive Vice President and Chief Financial Officer. Idrovo previously held leadership positions at The Hershey Company and Dole Food Company. Amin Talati Wasserman, LLP has announced that regulatory attorney Shelly Garg has joined the firm as a partner, working from a...
Beer Sheva, Israel, and New York City, NY—Lycored has teamed up with Craig Burrows, a photographer recently featured in National Geographic, to photograph the golden tomatoes that power Lycored’s Lycomato ingredient, according to a press release. Burrows was featured for using an ultraviolet-induced visible fluorescence technique to capture the hidden...
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