Parsippany, NJ—If accepted by shareholders, DSM will pay $1.087 billion in cash for Martek, maker of life’sDHA and life’sARA ingredients. DSM makes a fish-sourced ingredient, but does not have a vegetarian version (like Martek’s algae platform) that is appropriate for infant nutrition. The firm plans to grow the Martek brands through such products overseas. To date, DSM says it will not be selling off Martek’s Amerifit business.
Anaheim, CA—Natural Products Expo West revisits the west coast next month, March 10-13, with a colorful schedule for attendees. The keynote speaker will be Bridget Brennan, the author of Why She Buys: The New Strategy for Reaching the World’s Most Powerful Consumers. Other featured speakers include founder and creative insurgent of Fearless Cottage Alex Bogusky, and founder of the Pachamama Alliance and the Soul of Money Institute, Lynne Twist.
Rockville, MD—The Food and Drug Administration (FDA) is proposing to amend the regulation of health claims on food labels. In 2000, Unilever submitted a petition to the FDA requesting permission to label products containing phytosterols as beneficial for cardiovascular health. Now, in 2010, the FDA is finally making a proposal to amend to regulation of this particular food additive and allow manufacturers to make disease-related claims on product packaging.
Chicago, IL—Market research firm Mintel believes that 2011 will see several small changes to consumer goods industries rather than significant changes in the marketplace. Such trends will continue some of the changing consumer demands that surfaced in 2010.
Rockville, MD—Manufacturers of tainted products masquerading as legitimate dietary supplements had better change their ways—or else. Such was the message in a strongly worded letter to supplement makers from Margaret A. Hamburg, M.D., commissioner of the U.S. Food and Drug Administration (FDA) dated December 15.