Portland, OR—The global spirulina market is expected to grow at a CAGR of 10.6% during the period 2019-2026, according to a report by Allied Market Research. A press release on the report says the spirulina market was worth $346 million in 2018, and is anticipated to reach $779 million by...
Rancho Dominguez, CA—BI Nutraceuticals has announced a water savings milestone for its botanical milling facility in Reno, Nevada. According to a press release, it has conserved 10 million gallons of water per year since the 150,000 square foot facility opened in 2015. Given that the facility is located in a...
Dunedin, New Zealand and Carthage, MO—Blis Technologies Ltd. and Stratum Nutrition, exclusive North American distributors for Blis Technologies’ ingredients, announced in a press release that probiotic strain BLIS M18 has received a FDA “Letter of No Objection.” BLIS M18 is a strain of Streptococcus salivarius intended to support the oral...
Chicago, IL—The Nutraceutical Ingredients Market is projected to grow from $152 billion in 2019 to $228 billion by 2025, according to a press release regarding a market research report from MarketsandMarkets. Major factors driving the growth of the market include increasing consumer demand for fortified food and beverages, rising incidences...
Bioenergy Life Sciences received novel food authorization for Bioenergy Ribose from the European Food Safety Authority (EFSA), according to a press release. Bioenergy Ribose is a 5-carbon monosaccharide that works by helping to regulate the body’s natural energy synthesis, according to the release. It also helps to reduce muscle soreness.
Green & Gold Macadamias announced in a press release that they will invest in a program to inspire innovation in how macadamias are used in all levels of the supply chain process. The release points to the Planetary Health Diet, created by the EAT-Lancet commission, which found that 40% of...
Austin, TX—BOTALYS has adopted Asian ginseng through the American Botanical Council’s (ABC’s) Adopt-an-Herb botanical research and education program, according to a press release. The adoption supports ABC’s HerbMedPro database, a comprehensive, interactive online database providing access to scientific and clinical research data on the uses and health effects of over...
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...
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