Botanical Supplements Market, By Application (Food and beverages, Pharmaceutical, Personal care), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Sep 2023

Code : CMI4229

Pages :173

Formats :

Excel and PDF

Industry : Food and Beverages

Market News

Global Botanical Supplements Market- Key Developments

In March 2022, Glanbia Nutritionals is science-lead, innovative producer of dairy and non-dairy solution introduced, Bar Pro 100/120 MPCs and Bar Flex 100 WPC protein solutions, offering a less powdery, glassy, chalky texture during extrusion. The new ingredients in the protein solutions were developed to address manufacturing and sensory issues with protein extrusion in the cereal and snack market.
In November 2021, Glanbia Nutritionals formed a partnership with Ixoreal Biomed, an ingredient supplier. Customers can get a powerful ingredient for their ready-to-mix powders, ready-to-drink beverages, gummies, effervescent, and chewable products by combining a great ashwagandha extract like KSM-66
In November 2021, Procter & Gamble is a American multinational consumer goods corporation which introduced Vicks Super C dietary, a dietary supplement containing zinc as well as additional herbal and mineral components. Procter&Gamble most well-known Over-the-Counter (OTC) drug brands, Vick's DayQuil and NyQuil cold remedies, would be packaged alongside the products. This is done to draw US consumers' attention to the brand.
In October 2021, Procter & Gamble (P&G) took over Merck's Consumer Health business, a global pharmaceutical business with its headquarters in Darmstadt, Germany. P&G claimed to have created a healthcare organization as a result of this acquisition with the intention of assisting consumers in leading healthier, longer, and more fulfilling lives. Additionally, P&G would be able to increase sales and profit as a result.