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Patrick Rea

Archive for July, 2008

NBJ Annual Nutrition Industry Overview articles NOW AVAILABLE ONLINE

If you are a subscriber to Nutrition Business Journal, you can now access all of the 2008 Nutrition Industry Overview online at nutritionbusinessjournal.com. No need to sort through your over flowing mailbox, search your desk and interrogate your co-workers for your copy of NBJ. Just go to nutritionbusinessjournal.com.


To see all the articles, go to the current issue page. Here you will see the entire overview issue laid out in an expanded table of contents view. From here you can link to every article if you are signed in as an NBJ subscriber.


If you do not know your NBJ subscriber username and password, call Rachel Dederich, NBJ’s Subscriber Services Coordinator, at 303.998.9263.


-Patrick

Coca-Cola turns to Chinese Herbal Medicine

In an effort, “shrouded in secrecy,” Coca-Cola has teamed up with the Chinese Academy of Medical Sciences to develop beverages using Chinese herbal cures, according to the Atlanta Journal-Contstitution.


NBJ noted an October 2007 press release in HerbalGram, the journal of the American Botanical Council.


Certainly, this could bode well for suppliers of herbal medicines in the United States and abroad.


For more on this story, go to Secret brews in China: Coke’s next big thing?


-Patrick

Whole Foods and Wild Oats Merger…not done yet?

Every once in a while, the goverment surprises you with their tenacity. This is one of those times. CNN Money reports that a three-judge federal appeals court panel overturned a lower court ruling from last year that approved the acquisition of Wild Oats by Whole Foods.


This appeals court 2-1 ruling sends the merger case back to the lower court for another round of consideration.


For more on this developing situation, go to Court reverse Whole Foods ruling on CNNmoney.com.


-Patrick

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The 2008 NBJ Summit review (and videos)

On July 23rd, 300 CEOs, company founders, Presidents, EVPs and other industry thought leaders and executives gathered at the St. Regis Resort in Monarch Bay, California for the 2008 NBJ Summit. The largest NBJ Summit ever, this year’s event enjoyed dinners under the stars, a challenging golf tournament, a competitive (and windy) regatta and some of the most intriguing presentations and panelists ever seen in the nutrition industry.


But don’t take my word for it, listen to our attendees. Below are a few video testimonials about the 2008 NBJ Summit.


Tom Aarts, Co-Chair of the NBJ Summit and Founder of the Nutrition Capital Network, talks about some of the speakers and attendees at the NBJ Summit.




Tim Avila, President & CEO of Zsweet, Inc. talks about why he comes to the NBJ Summit every year (I think he’s been to them all!)




Len Monheit, President & Editor of NPICenter.com talks about the community feel of the NBJ Summit and details why he and so many top executives attend the NBJ Summit every year.




Chris Hillseth, President of Chris Hillseth Enterprises talks about the NBJ Summit Regatta, one of the NBJ Summit’s signature events.




And finally, Barry Charnay of Bioneutra talks about what he finds most useful about the NBJ Summit for his business and professional development.




Stay tuned, more videos, pics and commentary from the NBJ Summit to come!


-Patrick

Nutritional Raw Materials & Ingredient Supply report now available

The nutritional raw materials & ingredient supply space isn’t a Birkenstocks and hacky-sacs crowd. At Natural Products Expo West, you simply have to walk down to SupplyExpo in Hall A to experience the difference first-hand. And while the Natural Products Expo side of the show is more popular, the real innovation happens at SupplyExpo.


The business of nutritional raw material & ingredient supply is a lesser-researched part of the nutrition industry value chain. We’ve made it our specialty to shine light on this part of the nutrition industry and try to make sense of the global supply landscape as it pertains to the U.S. market for nutrition products.


High transportation costs, a weakening dollar and a weak economy all conspired to challenge ingredient suppliers in 2007 and into 2008. Mother nature didn’t hold back either. Suppliers of herbs and botanicals were also impacted by droughts, flooding and other server weather across the world.


As with challenges, opportunities for nutritional raw material and ingredient supply companies were fairly universal, according to executives in the nutrition industry’s supply chain.


Regulatory stabilization, geographical diversification and the implementation of GMPs are all on executives minds in 2008 and covered in detail in NBJ’s latest market research report.


All of this and more is covered in NBJ’s Nutritional Raw Materials & Ingredient Supply Report…one of the few places you’ll be able to find a broad and deep analysis of the nutrition industry’s value chain.


-Patrick