Bradenton, FL—HP Ingredients (HPI) has launched a private label program allowing retailers to sell their own line of herbal supplements using their own logos, driving and building brand recognition, according to a press release. The ingredients available from HPI for private label include ParActin®, an extract of Andrographis paniculate; Bergamonte®,...
Clearwater, FL—Acacia Diversified Holdings, Inc. announced in a press release that their subsidiary, Eufloria Medical of Tennessee, has entered into a hemp research partnership with Tennessee State University (TSU). The release says that Eufloria will be manufacturing material for the university. Eufloria is a vertically-integrated hemp operation. The research partnership...
Harleysville, PA—Natural Marketing Institute (NMI) has published its 2019 Supplements/OTC/Rx Consumer Trends Report which, according to a press release, involves over 150 pages of consumer attitudes, behaviors, and product usage patterns surrounding dietary supplements, over-the-counter medication and pharmaceuticals. The release notes that this is the 8th edition of the report,...
Lake Success, NY—The Hain Celestial Group, Inc. announced that the company will hold an Investor Day on Wednesday, February 27, 2019, according to a press release. The release said that management’s presentation will begin at 12:30 p.m. Eastern Time, followed by a Q&A. The webcast can be accessed here.
Phoenix, AZ—Sprouts Farmers Market, Inc., has reported its fourth quarter and full year 2018 results in a press release. The fourth quarter saw net sales of $1.3 billion, an 11% increase from the same period in 2017; comparable store sales growth of 2.3% and two-year comparable store sales growth of...
Austin, MN—Hormel Foods Corporation has entered into a definitive agreement to sell its CytoSport business to PepsiCo, Inc., according to a press release. The release notes that the transaction is subject to customary regulatory approvals, but is expected to be completed in 30-60 days. According to Hormel’s First Quarter Results...
Nanaimo, British Columbia--Tilray, Inc., a company that specializes in the research, cultivation, production and distribution of cannabis and cannabinoids, announced that it has entered into an agreement to acquire Manitoba Harvest from Compass Group Diversified Holdings and other shareholders. Manitoba Harvest, the world's largest hemp food manufacturer, has products in over 16,000 stores...
New York—The global gluten-free food market is projected to expand at a compound annual growth rate (CAGR) of 7.6% during the 2018-2023 period, and will generate a revenue of US$6.47 billion by 2023, according to a press release from Research on Global Markets (RGM). The “Global Gluten-Free Food Market (2018-2023),” published...
Chicago, IL—Glanbia Nutritionals has agreed to acquire Watson, according to a press release. Glanbia Nutritionals is a nutritional solutions and cheese business, selling proteins, custom nutrient premixes, bioactives, and plant-based nutrition ingredients. It is a subsidiary of Glanbia plc., a global nutrition company with roots in the dairy industry. Watson...
Austin, TX—The American Botanical Council (ABC) announced in a press release that the recipient of its ABC Champion Award for 2018 is Jim Emme, CEO of NOW Health Group. The release said that Emme has been remarkably generous over the years in his support for ABC and other nonprofit organizations...
