Rhodiola Rosea Extract

Rhodiola rosea is an important source of medicinal plants for the development of new anti-fatigue, anti-hypoxia, and anti-aging products. Rhodiola rosea extract is a product obtained by extracting the dried rhizomes of Rhodiola rosea L. and other related plants. The commercial extracts are usually standardized to contain 4% salidroside. As early as the 1980s, the health care department of the Soviet Union had already approved Rhodiola rosea preparations for use as stimulants. In the international market, Rhodiola rosea extract is one of the most popular food supplements and has a very wide range of applications. In China, Rhodiola rosea has been made into a variety of preparations, such as Rhodiola rosea capsules, salidroside tablets, Rhodiola rosea oral liquid, Rhodiola rosea syrup, Rhodiola rosea liquid extract, and Rhodiola rosea wine.

(Source: New Nutrition)

Starting from scratch, this functional brand has accumulated nearly 300 million yuan on TikTok in less than half a year.

If you're following cross-border e-commerce, it's hard to overlook a brand in the second half of 2024 - Goli Nutrition. Launched at the end of June, it squeezed into the top 10 of the overall sales ranking list of TikTok shops just one month later and even reached the top spot once. In less than half a year, Goli, starting from zero, has amassed nearly 290 million RMB in cumulative sales on TikTok. Such rapid growth is quite remarkable even when viewed across all categories on TikTok.

In terms of product structure, nearly half of the sales come from a three-bottle pack of ashwagandha gummies, priced at $29.77. "Ashwagandha" is an Indian medicinal herb, which is widely recognized for its significant ability to boost the immune system. In addition, ashwagandha has also been found to have excellent calming effects. Many people in the United States have trouble falling asleep at night due to excessive mental stress, so many natural sleep aids produced in the US contain ashwagandha extract as the main ingredient.

(Source: FoodTalks)

Not only the snack giant Orion, but another South Korean enterprise is building a factory in China, with its annual sales expected to exceed 2 billion yuan!

As we all know, Samyang Foods was founded in South Korea in 1961 and is famous for producing "spicy buldak ramen".

Since the spicy buldak ramen entered the Chinese market in 2014, its sales volume has been rising steadily. According to Kim Joo-young, the president of Samyang Foods China, who was interviewed by the media during this year's China International Import Expo, the sales of Samyang's spicy buldak ramen in China were around 1.7 billion yuan in 2023 and are expected to exceed 2 billion yuan in 2024. Such achievements are particularly remarkable at a time when the overall growth rate of the instant noodle market is slowing down, and this is also the reason why it is building a factory in China.

According to the plan, by January 2027, the factory of Samyang Foods in Jiaxing, Zhejiang Province, China, will have six production lines after completion, which will also be its first overseas factory. Currently, Samyang Foods has three factories in South Korea, with an annual production capacity of 1.8 billion packs. When the fourth domestic factory is completed next year, the total production capacity will increase to 2.5 billion packs.

(Source: FoodTalks)

A New Member Joins the 100-Billion-Club: The "Dominant Player in China's Poultry and Pig Farming" Is Expected to Exceed 100 Billion Yuan in 2024!

Wens Foodstuff Group Co., Ltd. recently released its performance forecast for 2024. It is expected to break through 100 billion yuan in revenue for the first time, with its net profit turning from loss to profit. According to the forecast, Wens Foodstuff is expected to achieve an operating income of over 100 billion yuan in 2024, with a net profit ranging from 9 billion to 9.5 billion yuan, representing a significant increase compared to the loss of 6.39 billion yuan in the previous year. The growth of the company's performance is mainly due to the growth in the sales volume of pork and the increase in the average price. Quarter by quarter, Wens Foodstuff started to turn profitable in the second quarter, and its net profit in the third quarter soared by 3097.03% year-on-year.

The success of Wens Foodstuff stems from its unique "company + farmer" model. Since its establishment in 1983, Wens has developed from a local farming company into a nationally renowned agricultural giant. Nowadays, Wens has become the third enterprise in the agriculture and animal husbandry industry with an annual revenue exceeding 100 billion yuan, only second to Muyuan Foods Co., Ltd. and New Hope Liuhe Co., Ltd.

(Source: Waitsir Information)

Market Status of Cognitive Health

With the acceleration of the pace of life and the rapid development of information technology, cognitive health has become the focus of public attention. Cognitive health is not only related to an individual's learning ability and work efficiency but also closely associated with mental health, emotion management, and quality of life. An increasing number of studies have shown that good cognitive health can significantly improve people's life satisfaction and happiness. As a result, the demand for products and services that promote cognitive health is also on the rise.

According to the data released by Future Market Insights Inc., the global market size of cognitive health supplements reached $9 billion in 2023. It is expected to grow at a compound annual growth rate of 13.3% to approximately $16.8 billion by 2033. The growth of this market is mainly driven by factors such as the increasing proportion of the middle-aged and elderly population, the enhancement of health awareness, and the promotion of natural and herbal ingredients.

(Source: New Nutrition)