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Period: August 1, 2019 to December 1, 2019
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends

DuPont Nutrition Will Work With China’s By-Health To Develop Probiotic Supplements

DuPont Nutrition & Biosciences is joining forces with a China-based consumer health care company to develop probiotic dietary supplements that offer “new functions, new ingredients and new technologies” in intestinal microecology and microbiome science. By-Health moved into the global market a year ago with its acquisition of Life-Space Group, an Australian enterprise that produces and markets probiotic products for all life stages. DuPont offers a range of clinically documented strains under its Danisco portfolio to support the body’s immune system including healthy digestion, and recently launched a range of enzymes designed to help maintain the quality of durum pasta “from pack to plate.”

"DuPont partners with By-Health to develop probiotics", FoodBev Media , September 30, 2019

Nestlé Looks To Sell Controlling Stakes In Chinese Beverage Company

Bloomberg reports that Nestlé S.A. may sell its controlling stake in two Chinese brands: Hsu Fu Chi, a local confectionery firm, and Yinlu, a beverage producer. Nestlé in 2011 padid approximately $1.7 billion for a 60 percent stake in Hsu Fu Chi, and $1.5 billion for a 50 percent interest in Yinlu. Nestlé acquired all of Yinlu in 2018. The company wants to sell its controlling stake in the two companies for more than $1 billion.

"Nestlé pondering sale of two Chinese brands", Food Business News, October 31, 2019

Coca-Cola Unveils BodyArmor Hydration Beverage On China’s Tmall Platform

Coca-Cola China is introducing a second hydration sports drink – Powerade debuted there earlier this year – using its Chinese language Tmall store. The company said that by introducing BodyArmor on Tmall it is taking advantage of China’s digital eco-system and range of e-commerce platforms “to expand our touch points with consumers.” BodyArmor is sold in the Coca-Cola Tmall store at premium retail prices of $15.30 for a pack of six bottles and $30.60 for 12 bottles. The regular variant comes in 11 flavors, including pineapple coconut and strawberry banana. Two other variants – BodyArmor Lyte and BodyArmor Sportwater are not yet available in China. Coca-Cola purchased a minority stake in BodyArmor in August 2018; it is managed by the company’s Venturing and Emerging Brands (VEB) investment unit.

"Sports exclusive: Coca-Cola China banks on e-commerce to market BodyArmor ", Beverage Daily, November 05, 2019

Wahaha Founder Is On A Quest To Modernize His Company

Zong Qinghou, the 74-year-old founder of China’s largest privately held beverage company Hangzhou Wahaha Group, is determined to come up with fresh product ideas and modern operational modes to rekindle consumer interest in his company. Analysts say Wahaha hasn’t kept pace with changing consumer tastes in China, where consumers are looking for beverages that are innovative and new. “Wahaha is still very price-focused, and hasn’t captured the trading-up trend as well as it could have,” says one analyst. While he concedes that Wahaha’s products was once perceived as cheap and old-fashioned, Zong says he’s working to modernize his products. The company recently launched a major upgrade of packaging and ingredients, has expanded into nutritional tablets and meal replacement biscuits, and plans to increase the current number of 6,000 distributors to 10,000 by year end. Perhaps most importantly, however, is Zong’s willingness to experiment with social media and e-commerce. He has promised ...  More

"China's Richest 2019: King Of Beverages Zong Qinghou Aims To Revitalize Wahaha", Forbes Media, November 06, 2019

Companies, Organizations  

South Korean Confectioner To Launch Mineral Water Into China

South Korean confectioner Orion, best known for the chocolate snack Choco Pie, plans to launch its first mineral water product, Jeju Yongamsu, this month in South Korea and then in China in the first half of next year. It will be priced at the upper-middle level in the price range of bottled mineral water sold in China, the company said. The mineral water is naturally filtered through 400,000-year-old basalt, making it rich in minerals such as calcium and magnesium. Orion has signed a contract with Chinese coffee chain Luckin Coffee, which operates about 3,000 stores nationwide, to supply it with 530 ml bottles of the mineral water, as well as snack products. Orion also plans to export the mineral water to Vietnam.

"Korean firm aims to quench China’s thirst", Asia Times, November 04, 2019

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