Reykjanesbaer, Iceland—Algalif, producer of astaxanthin from microalgae, announced in a press release new funding and an expansion of its manufacturing capabilities. Recent funding was received, the release says, through grants from The Icelandic Centre for Research’s Technology Development Fund and the European Union’s SME Instrument program to help the company...
Portland, OR—The Organic Snacks Market is expected to reach $24.03 billion by 2025, growing at a CAGR of 13.6% from 2018 to 2025, according to a press release from Allied Market Research (AMR). AMR recently released a report on the Organic Snacks Market, according to the release, which offers a...
West Caldwell, NJ—Vitaquest International is launching a comprehensive quality initiative intended to help Vitaquest reach its goal of being an industry leader in overall quality, according to a press release. The initiative is called TotalQ Commitment to Quality, according to the release, and it draws upon the company’s activities in...
Kyoto, Japan—A pilot study has found that soluble guar fiber may improve both constipation and irritability in children with autism spectrum disorder (ASD), according to a press release. The study was published in the Journal of Clinical Biochemical Nutrition. Researchers at the Kyoto Prefectural University of Medicine gave 13 children...
Elk Grove Village, IL--Label Insight announced today that it has signed an expanded deal with Topco Associates LLC to provide their 49 member-owners with customized attributes they can use to power e-commerce, improved searches and in-store initiatives. According to the press release, the custom views solution allows Topco members and...
Chicago, IL—Archer Daniels Midland Company (ADM) reported their financial results for the first quarter ended March 31, 2019, in a press release. Earnings per share were $0.41, down from Q1 2018 $0.70; Segment operating profit was $611 million, down from Q1 2018 $704 million. Nutrition results were also down overall, though...
The Food Minerals Market could exceed $1.9 billion by 2025, according to a new report by Global Market Insights (GMI), which points to rising consumer consciousness along with increasing demand for natural supplements as factors stimulating the growth. GMI explained in a press release that the zinc market size could...
Houston, TX—Kaneka Americas Holding, Inc. has announced in a press release the creation of a Biopolymers Division based in Houston. Kaneka’s PHBH is a plant-based product that offers both flexibility and heat resistance, produced via a bio-fermentation process which uses renewable plant oils as feed stock, the press release says.
Garden Grove, CA—Alkemist Labs and REJIMUS have announced a collaboration to offer comprehensive GMP compliance solutions to clients, according to a press release. Alkemist Labs, a contract testing lab, and REJIMUS, a regulatory management solutions provider, offer clients highly organized, comprehensive quality and compliance support for medium to large-scale product...
Basel, Switzerland—Lonza announced the segments that produced success in their Q1 in a press release, news that coincided with the results of Lonza’s Annual General Meeting. The release states that the strength of quarter 1 performance is due to the success of the Lonza Pharma Biotech and Nutrition (LPBN) segment.
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