USA: David Beckham co-launches supplement brand
Soccer legend David Beckham has partnered with health sciences company Prenetics to launch health and wellness brand IM8.
IM8’s products are reportedly formulated with the guidance of scientists from the Mayo Clinic, NASA, Yale University, Cedars-Sinai Medical Center, the University of Florida and the University of Connecticut.
“We wanted to create something that helps people to feel their best every day—and with IM8, we’ve done that,” stated Beckham in a press release. “We’ve brought together a world-leading team of scientists to create something unique and effective, and I’m excited to be able to share it with the world.”
IM8 unveiled two premium products last week, including Daily Ultimate Longevity to support healthy aging and cellular renewal for long-term vitality, and Daily Ultimate Essentials, an all-in-one powder engineered to replace 16 separate daily supplements.
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Europe: Under 25s demand for collagen
Mintel’s data shows that beauty supplement usage is skewed towards younger consumers, which the firm said is most likely driven by the heightened pressures of wanting to look good in the age of social media, leading them to seek comprehensive inside-out beauty solutions.
According to Mintel consumer data, 34% of beauty supplement users look for collagen in beauty supplements, making it one of the most sought-after ingredients.
Mintel’s data also showed that 22% of adults who research ingredients that are used in the beauty/grooming products they buy associated collagen with giving long-lasting results, higher than other ingredients included in the research.
“This association likely translates into consumer interest in collagen ingredients in beauty supplements,” said beauty and personal care research analyst Shiyan Zering.
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China: Botanical extract suppliers look to mitigate economic impact of potential US tariffs
According to a report in NutraIngredients-Asia, there are plans among China botanical extracts suppliers to build operations in Southeast Asia in a bid to bypass potential tariffs hikes under the new Trump administration.
Yinjun Hou, vice chairman of Shaanxi Plant Extract Association, said that some of their member companies have been adopting a wait-and-see approach since last year.
The election of Donald Trump as the new US president on November 5, however, is likely to send these plans into action.
Malaysia, Thailand, Vietnam, and Indonesia are the hotspots that some of China botanical extract suppliers are interested in, given their lower operating costs.