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  • What Are the Opportunities in the Pharmaceutical Market in Egypt?
    Apr 12, 2022 What Are the Opportunities in the Pharmaceutical Market in Egypt?
    Straddling Asia and Africa, Egypt has obvious geopolitical advantages and can radiate the Middle East, North Africa and even Europe. Its population has exceeded 100 million, making it the most populous country in the MENA region, and it has a wide influence in the region. According to Aikunwei (IQVIA), the total pharmaceutical market in Egypt was USD 2.72 billion in 2017 and is expected to reach USD 6.04 billion by 2022, with an average annual growth rate of 17.3%, making it one of the largest pharmaceutical consumption markets in the MENA region. Vigorous Promotion of Universal Health Insurance, Medical Investment in the Future Can Be Expected Limited by economic development and payment capacity, Egypt's financial allocation for healthcare in previous years was less than 2% of GDP, which is far below the global average (WHO: the average ratio of global health expenditure to GDP in 2016 was 7%). As a result of the epidemic, Egypt's FY2020/21 budget, has increased public health spending to about 3% of GDP. The Egyptian health service system is mainly composed of central hospitals under the Ministry of Health, university hospitals under the Ministry of Higher Education, military hospitals under the Ministry of Defense, police hospitals under the Ministry of Interior, and private hospitals and clinics. There are 1,798 hospitals with about 130,000 beds in the country. Among them, there are 691 public hospitals, accounting for 38%, but the bed share is as high as 77% (about 100,000 beds in public hospitals and about 30,000 beds in private hospitals). The lower quality of services in public hospitals has resulted in "serious diversion" from private hospitals. Although the supply of medical services is currently dominated by public institutions, private medical institutions are growing rapidly, including hospitals, imaging centers, and out-of-hospital laboratories, which are expanding rapidly. In line with Egypt Vision 2030, the Egyptian government is committed to promoting a comprehensive health care system. A new Universal Health Insurance Authority (UHA) was established in 2019, and health insurance will be financed mainly from participant contributions, with individuals able to pay 5% of their gross salaries to become insured, as well as through financing from international organizations such as the IMF. The new universal health care system is proposed to be implemented in six phases. the first phase in 2020 starts with a pilot in six governorates and is planned to complete full coverage by 2032. Egypt's current President Sisi is expected to rule until 2030 after the constitutional amendment, so that the promotion of universal health care has a political guarantee, the future health care investment is expected to continue to increase. Pharmaceutical Regulation Follows the West, Public Collection of Strong Price Pressure The Egyptian government has vigorously promoted the reform of medical supplies management institutions, with the new Egyptian Drug ...
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  • Natural Products Expo West Ends Perfectly
    Apr 07, 2022 Natural Products Expo West Ends Perfectly
    On March 12, the Natural Products Expo West, the largest trade show in the United States in the past two years, came to a close in Anaheim, California. According to the official statistics of the show, after two years of strong return, this year's show has 2700+ exhibitors from 42 countries, with an exhibition scale of over 40,000 square meters, of which 23% are new exhibitors. Meanwhile, 57,000+ professional buyers from 95 countries visited the show. Five Main Product Trends 1. Innovative product dosage forms The traditional dosage forms of dietary supplements are tablets and capsules, but in recent years, easier to take dosage forms such as gummies, liquids and powders are becoming more and more popular. CBD products are mostly gummies, and liquid dosage forms are widely used by sleep management, stress management, immune health and cognitive health products, in addition to energy products. 2. Combination of multiple ingredients CBD products are usually compounded with Monkey Head Mushroom and Cordyceps extract to improve immune efficacy, and probiotic products are usually compounded with Elderberry and Turmeric extract to enhance microbial health. 3. A wider audience for sports nutrition products As a result of the new crown epidemic, more and more people are choosing to enhance exercise to improve their immune system, which has stimulated a large demand for sports nutrition products. Products with natural energy and hydration-promoting effects were very popular at this year's show, and products traditionally aimed at older consumers such as bone and joint health products containing magnesium, collagen and other ingredients are also receiving increasing attention from younger people. 4. Brain health is gaining attention The impact of the new coronavirus on human brain health has been widely discussed, and dietary supplements related to it are gaining attention. omega-3 has been the star product in this area, and other ingredients such as magnesium, theanine, mushrooms, GABA, etc. are also gaining popularity at the show. 5. Organic products on the rise In recent years, the awareness of organic products is not only limited to health benefits, but also gradually recognizes the great role of sustainable production methods of organic products for environmental friendliness and fighting climate change. Therefore, organic ingredients are not only sought after by the food and beverage industry, but also increasingly favored by the dietary supplement industry. Five Strategic Trends in Industry Development 1. The trend of brand marketing from the source continues The growing consumer demand for transparency and technology in dietary supplement ingredients has prompted more and more brand manufacturers to start brand marketing for the ingredients of their products, such as inviting their ingredient suppliers to showcase the production process and technological input of the ingredients, etc. The products of many ingredient suppliers were also attracting g...
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  • Global Nutraceutical Sales Expected to Reach New Highs in 2022
    Apr 06, 2022 Global Nutraceutical Sales Expected to Reach New Highs in 2022
    Global Nutraceutical Industry Continues to Grow at A Rapid Pace According to the NUTRITION BUSINESS JOURNAL (NBJ) report on the global nutraceutical industry for 2020, nutraceutical sales soar when the outbreak of Newcastle pneumonia spreads rapidly, and rise relatively steadily after the spread of the disease is effectively controlled. As the increasingly infectious Omicron rapidly becomes the mainstream strain in many countries and regions around the world, NBJ predicts that the global nutraceuticals market will continue to grow at a rapid pace in 2022. The Global Nutraceutical Industry Report 2021 states that while the epidemic will further drive up consumer demand for nutraceuticals, total sales will level off as long-term coexistence with the virus becomes the new normal and nutraceuticals become an increasing part of the public's daily life. 11% in 2020. However, it should be noted that the 11% increase growth in 2020 is based on a market size base of $142.47 billion, while the global nutraceutical industry market size reaches $158.21 billion in 2021. Thus, the "mediocre 5.9% growth rate" mentioned in the report is backed by a real increase of $9.27 billion. It is clear that the global nutraceutical market is largely driven by the U.S. In 2020, the U.S. nutraceutical market grew at an unprecedented rate of 14.5%, making the U.S. account for 35.2% of the global nutraceutical market, reaching a record high. Meanwhile, the Chinese nutraceuticals market, which surpassed the size of the Western European market in 2016, also maintained a growth rate of 14.3% almost equal to that of the U.S., and its influence in the global nutraceuticals market is becoming stronger. 2020 nutraceuticals sales in Western Europe grew by 7.4%, and the NBJ had predicted that the growth rate would drop to 4.2% in 2021, which is lower than the estimated growth value before the new crown pandemic. Chinese Companies Trade Import and Export In terms of foreign trade, countries and regions such as the United States, Western Europe, Japan, South Korea and Australia are still the main export markets of nutritional health food products in China. In terms of export categories, vitamins, minerals, amylose chondroitin, OMEGA-3 and plant-based dietary supplements are the traditional advantageous categories of China's exports. Tablets, soft capsules and powders are the main dosage forms for export. Some innovative dosage forms, such as gummy products, have become hot spots for young consumers around the world, and the export volume to the U.S. market has increased rapidly in the past few years. In terms of specific varieties, different markets have different characteristics, for example, in the U.S. market, vitamin minerals and herbal dietary supplements account for a larger market share, with vitamin dietary supplement sales reaching $17.7 billion in 2020 and herbal dietary supplement sales exceeding $10 billion for the first time since the outbreak of the Newcastle pneumonia, bec...
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  • Arabinoxylan Will Soon Be Legalized in China
    Mar 17, 2022 Arabinoxylan Will Soon Be Legalized in China
    On March 14, 2022, China's National Center for Food Safety Risk Assessment (NCSFRAC) publicly solicited comments on the new food ingredient arabinoxylan, the first new food ingredient to be solicited in 2022. As a kind of functional sugar, arabinoxylan has a variety of health effects and is expected to be used in functional foods such as digestive aid, blood sugar control, immune enhancement and weight loss. What Are the Health Effects of Arabinoxylan? Arabinoxylan is a water-insoluble polysaccharide made from sugarcane bagasse, wheat bran, corn husk and other grasses through pretreatment, alkali extraction, de-alkaline concentration, neutralization and precipitation, washing and purification, drying, etc. The FDA treats arabinoxylan as a dietary fiber, and products containing this ingredient have been allowed to be added to food or dietary supplements in the EU, Canada and other countries and regions, and the recommended The recommended dietary allowance is ≤15 g/day. Arabinoxylan is considered to have antioxidant effects, protecting cells and tissues from free radical damage, and it is also a dietary fiber with beneficial biogenic effects, whose main health effects include. 1) Promoting gastrointestinal health As a cellulose-based insoluble fiber, arabinoxylan may help improve digestion by maintaining healthy flora in the gut, facilitating the absorption of food and nutrients, helping food pass through the digestive tract faster, preventing constipation and reducing the risk of diverticular disease. These benefits were demonstrated in a 2012 study in the British Journal of Nutrition, where 63 adults provided with 1,000 milligrams (mg) of arabinoxylan-rich bran daily for three weeks experienced a significant reduction in the frequency and severity of constipation. 2) Control of blood sugar levels Insoluble fibers are believed to contribute to the production of short-chain fatty acids during fermentation in the intestine, the main source of energy in the lining of the intestine, and increasing their amount improves energy metabolism and speeds up the rate of glucose removal from the blood. Thus, consumption of arabinoxylan slows sugar absorption and lowers blood glucose levels, and can also help reduce the risk of type 2 diabetes by improving glucose tolerance. A 2016 study in the European Journal of Nutrition showed that adults with diabetes who consumed arabinoxylan-fortified bread before bedtime had increased insulin sensitivity in all study participants the next morning. And higher doses of arabinoxylan resulted in better blood sugar control, which may help prevent type 2 diabetes. 3) Helps with weight loss Xylan arabinoxylan increases metabolism and lowers blood sugar, and may be an effective weight loss ingredient for obese people. In a 2011 study published in PLoS One, mice fed a high-fat diet containing arabinoxylan had reduced body weight and adipose tissue compared to mice fed an unfortified diet, and also lowered cholesterol, reduced i...
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  • Will PQQ Become the Next
    Mar 30, 2022 Will PQQ Become the Next "Hyaluronic Acid"?
    Recently, pyrroloquinoline quinone disodium salt (PQQ) was approved as a new food ingredient, which is regarded by the industry as the next "sodium hyaluronate" due to its excellent effects on brain health, cardiovascular health and metabolic health. PQQ was accepted as a new food ingredient on March 8, 2021, and was publicly consulted on August 17 of the same year, and was recently approved as a new food ingredient by China National Health Commission, which took less than a year, so you can obviously see that the approval department is speeding up. The speed makes people think of the "road to fame" of sodium hyaluronate. The company's main business is to promote the development of the company's products. From the declaration to the product explosion, just over a year. So can PQQ recreate the glory of sodium hyaluronate? The main component of pyrroloquinoline quinone disodium salt is pyrroloquinoline quinone, or PQQ for short, which is a new cofactor with similar physiological functions as vitamins and is widely found in prokaryotes, plants and mammals, such as fermented soybeans or natto, green peppers, kiwi, parsley, tea leaves, papaya, spinach, celery, breast milk, etc. PQQ is a cofactor for many enzymes and is responsible for the transfer of electrons, protons and chemical groups in enzymatic reactions, as well as stimulating the growth of microorganisms, the germination of plant pollen and promoting plant growth. The biological functions of PQQ are focused on two aspects: firstly, it supports the growth and development of mitochondria and stimulates rapid growth of human cells; secondly, it has good antioxidant properties that help to scavenge free radicals and reduce cell damage. These two functions make it powerful in brain health, cardiovascular health, and metabolic function health. Because the body cannot synthesize PQQ on its own, it can be supplemented through dietary supplements, which are usually in powder form and prepared through microbial fermentation. Common PQQ supplement products on the market today also target brain health, sleep aid, energy supplementation, oral beauty, and pregnancy aid, and are often used in conjunction with various ingredients such as MNM, coenzyme Q10, ginkgo biloba extract, and PS.
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  • Impact of Russia-Ukraine War on Amino Acid Market
    Feb 28, 2022 Impact of Russia-Ukraine War on Amino Acid Market
    As of 18:00 BST on the 24th, CBOT agricultural commodities soared across the board. Corn futures also rose, up more than 5% to 716.25 cents/bushel, the highest level since June 10 last year. May soybean futures rose 4.7 percent, hitting a high of 1,756 cents/bushel, the sixth consecutive session of gains and the highest level since 2012. Soybean meal futures rose 3.8%, while soybean oil futures rose 5.67%. The 2021/22 Ukraine's corn production is 42 million tons, or 3.5% of total global production; Russia's corn production is 15 million tons, or 1.2%. Ukraine's corn exports rank fourth in the world, with an estimated 33.5 million tons, accounting for about 16% of total global exports and 80% of the country's corn production, having replaced Brazil as the third in the world in 2021; Russia's corn exports are 4.5 million tons, accounting for 2.2% of global exports. China is the most important exporter of corn and sunflower oil to Ukraine. According to customs data, China imports about $3.2 billion of grains from Ukraine in 2021, ranking as the third source of Chinese grain imports, after the United States and Brazil. Among them, China imported 8.24 million tons of corn from Ukraine in 2021, accounting for 29.07% of the total, mainly for feed processing. Expert analysis suggests that the war between Russia and Ukraine will continue to push up corn import prices in the short term, thus affecting a new round of price increases in the Chinese amino acid market. Before the escalation of the conflict in Russia and Ukraine, European lysine hydrochloride was quoted at 2.8-3 euros/kg and lysine sulfate at 1.9-2.1 euros/kg. There is no sign of an end to the war between Russia and Ukraine, and the amino acid market will remain in a state of continuous price increases and stockouts. If you have a new purchase plan, please contact us as soon as possible! More offers at Alibaba March EXPO!
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  • Keynovo March EXPO is Coming Soon
    Feb 21, 2022 Keynovo March EXPO is Coming Soon
    Dear customers, Alibaba International's annual March EXPO is starting next week. Keynovo is participating as a verified supplier. Keynovo has prepared a lot of discounts and surprises at the March EXPO and we are looking forward to your visit. Keynovo is dedicated to providing solutions such as nutritional supplements, food supplements, personal care, packaging materials, etc. to customers from all over the world. Choose Keynovo, Healthy Forever!
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  • China's Plant Extract Exports Exceed $2.7 Billion
    Dec 29, 2021 China's Plant Extract Exports Exceed $2.7 Billion
    China has gradually developed into the world's largest supplier of raw materials for plant extracts. From the perspective of export markets, China's plant extract export markets are concentrated in the United States, Europe and Asia, with the United States, Japan, India, Hong Kong, China, Malaysia, Indonesia, South Korea, Spain, Germany and France being the top ten markets for China's plant extract exports. China has not yet developed a directory of plant extracts as raw materials for food and health food, the regulatory approach is unclear, and only the Chinese medicine extracts included in the pharmacopoeia have corresponding standards. It is understood that the Ministry of Agriculture and Rural Development will study the development of regulations related to plant extracts feed additives, and put forward the technical requirements for feature mapping, plant extracts will make a substantial breakthrough in the raw materials of farming inputs. It is understood that because there is no uniform national standards, some are implemented in accordance with the standards of food, some are implemented in accordance with the standards of drugs, some are implemented in accordance with the technical requirements approved during the registration review, and each health food in the registration review of raw materials used in the extract standards and processes are different, which caused the extract production enterprises to organize production in accordance with multiple processes, which seriously affects the production efficiency, while the frequent replacement of processes and replacement systems make it difficult to control the quality of the product, resulting in a great waste of production resources, but also to the compliance of the production enterprises caused great distress. Plant extracts have been developed in China for only about 30 years and are an emerging industry. The scattered and small size of the industry has led to a lack of industrial agglomeration, and as a raw material industry, the imperfect regulations and standards make the end product development and market expansion lack of momentum. At the same time, China is the world's largest producer of plant extracts, with abundant plant resources and leading international extraction technology and equipment level. The challenges and opportunities of the plant extract industry coexist. Relevant experts said that the lack of standards has led to the lagging standards of food raw materials, the plant extract industry should strengthen the basic research, food raw materials should establish rules and develop industry standards for grading and classification; standardization is the basis of the development of the plant extract industry, without standardization it is impossible to achieve scale and industrialization, solving the problem of standardization of raw materials will allow plant extracts as health food raw materials have the basis of regulations; plant extracts should establish a dir...
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