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289 posts categorized "Health and Wellness"

August 17, 2014

Euromonitor to speak at Fi Global Summit 2014

FI_Header_960x160-v4Event: Fi Global Summit

Date: 23-25 September, 2014

Location: Etc Venues, 155 Bishopsgate, London

Event Description: Fi Global Summit will provide an unbiased, content-rich meeting place to accelerate new ideas and gain an overview of key trends in the global food ingredients market and beyond. Through expert observations from industry leaders and thought provoking panel discussions, the Fi Global Summit (or Food Ingredients Global Summit)is a unique forum for leaders in R&D, Marketing and Innovation to connect across platforms, get the information that matters and debate some of the key sources of sustainable growth and profitability in today’s global food and drink markets.

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August 9, 2014

White Rice Exacerbates Diabetes Threat in Asia Pacific

Simone_BarokeAnalyst Insight by Simone Baroke - Contributing Analyst

According to an eminent diabetes expert, white rice is one of the root causes of Malaysia’s rocketing obesity figures, which are fuelling the country’s diabetes crisis. The trouble is that healthier alternatives, such as brown rice and low-carb noodles, are not catching on just yet in Malaysia, and nor are they, for that matter, in other Asia Pacific countries. Public health needs do not automatically translate into consumer demand, and a push from the industry will be needed to open up these markets to healthier alternatives and curb the virtually exclusive reign of white rice.

Malaysia is Asia Pacific’s “Fattest” Country

In May 2014, the prestigious British medical journal The Lancet published a new systematic analysis on overweight and obesity involving 188 countries, which identified Malaysia as the most “obese country” in the Asia Pacific region. According to the new data, 48.6% of Malaysian women and 43.8% of men are either overweight or obese. For comparison, in neighbouring Indonesia, the incidence is 30.6% and 21.4%, respectively, whilst it is 39.7% and 32.1% in Thailand. 

Excess body weight is the number one predisposing factor for type 2 diabetes, and Malaysia’s prevalence is high: 11.5% of the population aged 20-79 years has type 2 diabetes, compared to a global average of 8.4%, which roughly coincides with the incidence in Asia Pacific overall. In fact, only Singaporeans have higher diabetes rates than Malaysians in Asia Pacific. Incidentally, the US, which continues to lead global overweight/obesity charts, is slightly behind Malaysia, with a diabetes incidence rate of 11.0%.  

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August 7, 2014

Novel Ingredients in Brain Health Aiming to Target the 36 Million Cases of Dementia Globally

Diana.cowlandAnalyst Insight by Diana Cowland - Senior Health and Wellness Analyst

View Diana Cowland's profile on LinkedIn

Brain health and memory continues to be a hot topic in nutraceuticals. With investment in research and novel ingredients, such as rice bran extract, now being seen, brain heath and memory has the potential to gain a more important positioning within nutraceuticals overall. A key target market, the ageing population is on the rise at present. According to Euromonitor Internationals’ Countries & Consumers data, the global over 65-year-old population is set to reach 1.1 billion by 2030. There is currently no cure for dementia, and the World Health Organization estimated that 35.6 million people were suffering from it in 2012, with this number set to double by 2030. These statistics are fuelling the investment in research to prevent and/or halt the onset of dementia.

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August 6, 2014

Opportunities and Caveats of Medical Tourism in Canada

Stuart BeckerAnalyst Insight by Stuart Becker - Contributing Analyst

Canada is renowned for its government-funded healthcare system, enviable to many foreigners but increasingly criticised by Canadians for long waiting times and a shortage of doctors. The latter issues are leading to a growing outbound market for medical tourism. At the same time, as many Canadian hospitals have been faced with insufficient government funding, they turn to foreign patients ready to pay for medical procedures in Canada.

Currently, both inbound and outbound medical tourism expenditure accounts for a small portion of total tourism expenditure in Canada. Opportunities for further growth exist in both segments, although a threat to inbound medical tourism is that it has come under increased government scrutiny.

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August 5, 2014

Euromonitor to Speak at SupplySide West R&D Insights Summit 2014

SSW14-logo-tagEvent Description: Attend the World’s Largest Expo Gathering Ingredient Suppliers and Finished Product Manufacturers

SupplySide West is the industry’s gathering point where science & strategy intersect and takes place October 6-10 in Las Vegas. Explore a show floor featuring 10,000+ ingredients and services including: top contract manufacturers, global ingredient suppliers, equipment companies, lab-testing firms, supply chain experts and packaging specialists. You’ll find cutting-edge scientific innovations and strategic-centered educational forums everywhere you turn to drive revenue, market share and consumer loyalty.

Register for the Expo Hall package and gain access to: the 2-Day Expo Hall, Featured Speaker Presentations, SupplySide Central, Taste of SupplySide and VendorBriefs. Visit supplysideshow.com to register for this one-of-a-kind opportunity!

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July 27, 2014

Euromonitor to Speak at Vitafoods Asia 2014

VitafoodsasialogostrapcmykEvent Dates: September 3 (Wed) – September 4 (Thu) 2014

Event Description: Vitafoods Asia attracts more than 170 exhibiting companies and over 3,000 buyers from across Asia, especially Hong Kong, Singapore, China, Taiwan, Vietnam, Malaysia, Thailand, Indonesia, South Korea, Philippines, India, Australia and New Zealand.

Minji KimSpeaker: Min Ji Kim

First Presentation: September 3 (Wed) at 11:20 – 12:00 @ Asia World Expo Hong Kong

Presentation Title: Consumer Trends in Weight Management Asia: Challenges and Opportunities for the Industry

Presentation Description: Obesity is a growing concern in Asia Pacific, and weight management continues to be one of the buzz topics in the region. According to Euromonitor International, the region’s weight management market is dominated by China, Japan and South Korea. At the same time, South East Asian countries including Indonesia, Vietnam and India are showing fast year-on-year value growth and are expected to become key drivers of the weight management trend in the coming years. Although there are several factors that may saturate the weight management market in Asia Pacific, interest in getting slim will continue and further open up new opportunities. In this presentation, Minji Kim will address key trends, challenges and new opportunities of the weight management market in Asia Pacific.

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July 19, 2014

Function and Local Ingredients Drive Hot Drinks Sales in Peru

Dana LaMendolaAnalyst Insight by Dana LaMendola - Beverages Analyst

View Dana LaMendola's profile on LinkedIn

Our research indicates that Peru will be the fastest-growing hot drinks market in Latin America increasing by 36% to reach US$ 818 million  by 2018. The Peruvian economy has skyrocketed in recent years, with Peru recording the fastest growth in total GDP in the region between 2008 and 2013, a trend that is expected to continue in the forecast. Rising disposable incomes are not only increasing consumer expenditure on food and non-alcoholic beverages, but are also creating more demanding Peruvian consumers. Hot drinks that are having the most success are those like fruit/herbal teas that have a functional position and other plant based hot drinks that appeal to local Peruvian traditions through the use of local ingredients

 

Demand for Health and Wellness Benefits

Peru is expected to be the fast growing tea market in Latin America over the forecast, increasing by 59% in retail value to record the second highest absolute value growth after Brazil. In Peru, tea is already nearly as popular as coffee in terms of at-home consumption. In 2013, per capita retail brewed volume was 6 litres, just slightly below coffee which was 6.8 litres. Although black tea (both standard and speciality) is the most traditional type of tea consumed in Peru, health and wellness trends are causing less mature categories like fruit/herbal tea and green tea to attract increasing consumer interest because of their perceived health benefits. These alternative tea types also carry a higher price tag, particularly fruit/herbal which in 2013 retailed at more than five times the unit price of black tea.

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July 18, 2014

Three Categories Driving Growth in Health and Wellness Soft Drinks

The health and wellness soft drinks industry is being driven by three main categories: bottled water, juice and ready-to-drink tea. There is a consumer shift in ready-to-drink bottled water towards the premium sector, with mineral water and natural spring water driving sales in this sector. For health and wellness juice, reducing sugar content has proved a successful strategy as consumers are increasingly concerned about their sugar intake. In healthy ready-to-drink teas, companies are tailoring the health benefits and tastes of their products to match consumer profiles and preferences in different areas of the world.

Join Diana Cowland at the Food Ingredients Global Summit on September 23-25 at etc Venues in London.

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July 17, 2014

Prospects for Fish Oils and Omega Fatty Acids in China

Mark StrobelWith Mark Strobel, Consumer Health Analyst

China is a promising market for the consumer health industry, with consumer expenditure on health goods and medical services expected to grow by 56 percent between 2013 and 2018. Vitamins and dietary supplements, especially fish oils and omega fatty acids are among the strongest prospects for the country. The average adult in China consumes only one-quarter of the recommended daily intake of DHA and EPA which is found in these supplements.  Although the regulatory infrastructure for dietary supplements in China is notoriously strict, proposals are in place to change the process.

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July 13, 2014

Control de peso en Latinoamérica: claves de una industria millonaria

Más del 50% de la población latinoamericana sufre algún grado de sobrepeso u obesidad. Esta alarmante tasa ha hecho que tanto los consumidores como los gobiernos tomen una posición de prevención en relación a esta situación.  Por su parte la industria de alimentos y bebidas ha creado una gama de productos con menores contenidos de azúcar, grasas y carbohidratos para ayudar a combatir el problema.  Los consumidores demandan productos que además de ser “bajos en”, cumplan con lo que prometan, tengan un buen sabor y no tengan efectos nocivos para la salud. En este sentido los productos naturales empiezan a ganar terreno y entre éstos la stevia ha demostrado ser la favorita de la industria.

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Recent Posts

Euromonitor to speak at Fi Global Summit 2014

White Rice Exacerbates Diabetes Threat in Asia Pacific

Novel Ingredients in Brain Health Aiming to Target the 36 Million Cases of Dementia Globally

Opportunities and Caveats of Medical Tourism in Canada

Euromonitor to Speak at SupplySide West R&D Insights Summit 2014

Euromonitor to Speak at Vitafoods Asia 2014

Function and Local Ingredients Drive Hot Drinks Sales in Peru

Three Categories Driving Growth in Health and Wellness Soft Drinks

Prospects for Fish Oils and Omega Fatty Acids in China

Control de peso en Latinoamérica: claves de una industria millonaria