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Colorcon opens new film coating manufacturing facility in Malaysia
Colorcon opens new film coating manufacturing facility in Malaysia

Yahoo

time3 days ago

  • Business
  • Yahoo

Colorcon opens new film coating manufacturing facility in Malaysia

Colorcon has inaugurated a new manufacturing facility in Johor, Malaysia, aimed at enhancing its production capabilities for film coatings. Colorcon provides film coating systems, speciality excipients, controlled release formulations, and controlled atmosphere packaging for the pharmaceutical and nutraceutical industries. The facility, which spans 200,000ft², will create 30 jobs and serve as a key production centre for the Asia-Pacific market. The plant features advanced technology and energy-efficient systems, aligning with Colorcon's commitment to quality in the aforementioned sectors. Colorcon CEO Simon Tasker said: 'We are thrilled to open this world-class facility to support our pharmaceutical customers throughout Asia. 'This investment is aligned with our long-term vision to strengthen and de-risk our supply model for film coatings worldwide. Our goal is to anticipate market growth, adding capacity to ensure we are always a step ahead of demand.' The new facility marks Colorcon's seventh manufacturing site globally, further expanding its operational footprint. Colorcon managing director Willem Hoogwater said: 'We're proud to offer superior film coating technology and a world-class facility to this rapidly growing region. 'Malaysia has quickly become an important hub for high-value pharmaceutical manufacturing, and we're proud to support the local economy with an investment like this.' Colorcon, established in 1961, launched Opadry in 1980, which is claimed to be the first complete film coating system that improved batch uniformity and minimised errors in tablet coating. Since then, Opadry has evolved into a variety of high-performance film coatings that meet different formulation and manufacturing requirements, such as taste-masking, moisture protection, and regulatory compliance. In May this year, Colorcon entered into an exclusive distribution agreement with ASHA Cellulose to supply polymer-based products in select international regions, including Europe, the Middle East, Africa, and Northeast and Southeast Asia. "Colorcon opens new film coating manufacturing facility in Malaysia" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Egg Powder Market to Hit Valuation of US$ 2.80 Billion by 2033
Egg Powder Market to Hit Valuation of US$ 2.80 Billion by 2033

Yahoo

time22-07-2025

  • Business
  • Yahoo

Egg Powder Market to Hit Valuation of US$ 2.80 Billion by 2033

Explosive potential awaits in specialized egg powders catering to nutraceutical and clean-label demands. Future growth will be captured by innovators focusing on functional ingredients, ethical sourcing, and navigating the rise of animal-free protein alternatives. Chicago, July 22, 2025 (GLOBE NEWSWIRE) -- The global egg powder market was valued at US$ 1.71 billion in 2024 and is expected to reach US$ 2.80 billion by 2033, growing at a CAGR of 5.60% during the forecast period 2025–2033. The global egg powder market is currently navigating a period of dynamic expansion and profound transformation. Driven by a confluence of factors including evolving consumer dietary habits, significant advancements in food processing technology, and the relentless pursuit of operational efficiency in the food and beverage industry, the market presents a landscape ripe with opportunity. Rquest Sample Pages: This report provides a meticulously researched analysis for stakeholders, detailing the strategies, developments, regional dynamics, market dynamics, and economic aspects. It delves into the critical facets of production, supply chain dynamics, end-user demand, and regional expansion, offering a forward-looking perspective on the promising trajectory of the market. Key Findings in Egg Powder Market Market Forecast (2033) US$ 2.80 billion CAGR 5.60% Largest Region (2024) Asia Pacific (40%) By Product Type Whole egg Powder (46.12%) By Technology Spray Drying (85%) By Application Food & Beverage (35%) By Distribution Channel Offline (55%) Top Drivers Surging demand from food processing for convenience and shelf-life. Rising consumer health consciousness fuels demand for high-protein products. Superior functional properties drive use in bakery and food service. Top Trends Shift toward specialized, high-functionality, and clean-label egg powders. Ethical sourcing and cage-free production become critical value drivers. Ascension of animal-free egg alternatives from precision fermentation technology. Top Challenges Extreme price volatility of fresh eggs due to avian influenza. Navigating complex and varying international food safety and quality regulations. Rising competition from plant-based and other alternative protein ingredients. Strategic Global Capacity Expansions are Reshaping the Egg Powder Market Supply Landscape A clear indicator of the robust confidence in the future of the egg powder market is the significant investment in new and upgraded production facilities worldwide. In a strategic move to meet escalating demand, IGRECA commissioned a state-of-the-art spray-drying facility in France in February 2025, a development poised to substantially boost its manufacturing output of high-value egg yolk and whole egg powders. In a landmark development for the UK food industry, Ready Egg Products inaugurated the nation's first modern egg drying plant in November 2024, enabling the production of British Lion-certified egg powder for the very first time. This addresses a long-standing gap in the domestic market. Similarly, Russia is bolstering its processing capabilities, with BFAGRO on track to launch a new egg processing plant featuring an impressive annual production capacity of between 720 and 1,080 metric tons. The innovation extends beyond traditional sources, as Onego Bio is establishing a flagship manufacturing facility in Wisconsin, USA, dedicated to producing Bioalbumen, a novel egg protein powder derived from fermentation, signaling a new frontier for the industry. Cutting-Edge Technological Innovations Driving Product Quality and Functionality in the Egg Powder Market Technological advancement is a cornerstone of the current growth phase in the egg powder market, enhancing both product quality and application versatility. In June 2024, Pulviver SPRL set a new industry benchmark by introducing a line of instant egg white powders characterized by superior solubility and enhanced foam stability, directly targeting the sophisticated needs of industrial bakery and dessert applications. Not to be outdone, SKM Egg Products Export (India) Ltd. launched a premium range of pasteurized egg white powders in October 2024, specifically formulated for the burgeoning health and fitness supplement market. Underlying these product launches are continuous improvements in core processing technologies like spray-drying and freeze-drying. These advancements are pivotal in extending the shelf life of egg powders while meticulously preserving their crucial flavor profiles and nutritional value. Current innovations are sharply focused on improving functionality, such as achieving better whipping properties and enhanced solubility. As a result of these technological strides, the shelf life of egg protein powders can now confidently extend beyond 12 months, with some premium products maintaining their quality for up to 24 months with minimal degradation. Navigating Supply Chain Volatility and Shifting Price Dynamics Within the Egg Powder Market The economic landscape of the market presents a complex but navigable picture for stakeholders. On a positive note for buyers, the global export and import price of whole egg powder experienced a downward trend; prices in 2024 settled into a range of $6.50 to $12.69 per kilogram, a noticeable decrease from the $6.96 to $16.55 per kilogram range seen in 2023. This adjustment provides a more favorable procurement environment for large-scale industrial users. However, the market must remain vigilant. The USDA has issued a forecast predicting a potential 41.1% surge in egg prices for 2025, a direct consequence of ongoing challenges, including outbreaks of avian influenza that impact the supply of shell eggs. Reflecting this caution, the broader egg market is anticipated to continue grappling with supply instability throughout the first quarter of 2025, a factor that will undoubtedly influence sourcing strategies across the egg powder market. Rising Consumer Health Consciousness and Protein Intake Fueling Robust Egg Powder Market Demand At the heart of the expanding market is a fundamental shift in consumer behavior towards health-centric, protein-rich diets. This macro-trend provides a powerful, sustained tailwind for the industry. In 2024, a compelling 61% of American consumers reported actively increasing their protein intake, representing a significant jump from 48% in 2019. This quest for protein is deeply embedded in dietary norms, with a strong 74% of consumers affirming that "eating meat is an important part of my diet," a sentiment that logically extends to other high-quality animal proteins like eggs. The broader trend is further substantiated by projections that U.S. meat consumption will climb to an estimated 269 pounds per capita by 2027. While these figures relate to a broader category, they paint a clear picture of a consumer base increasingly prioritizing protein, thereby creating a fertile ground for nutrient-dense ingredients like egg powder in a vast array of food products. Food and Beverage Sector Remains the Undisputed Cornerstone of the Egg Powder Market The food and beverage sector continues its reign as the primary consumer and principal demand driver within the global egg powder market. In 2024, this sector is estimated to command a formidable 43.2% of the total demand for egg powder. The financial significance of this dominance is underscored by projections that the sector's demand will reach a staggering market value of US$ 1.59 billion by the year 2034. Breaking down this usage further reveals the critical role of egg powder in specific applications. The bakery segment alone accounted for over 40% of global powdered egg consumption by weight in 2023, prized for its emulsifying, leavening, and textural properties. This reliance is particularly strong in developed markets; in North America and Europe, over 60% of powdered egg protein is utilized in the production of bakery products and confectioneries. Furthermore, over 55% of processed food manufacturers explicitly state a preference for using egg yolk powder, citing its superior ease of mixing and remarkable stability at high temperatures as key operational advantages. Nutraceutical and Dietary Supplement Segments Emerge as High-Growth Verticals for Egg Powders While the food and beverage sector provides a stable foundation, the nutraceutical and dietary supplement industries represent the most exciting high-growth frontier for the egg powder market. The global wellness trend has ignited demand for high-protein, clean-label ingredients. The Indian nutraceutical market, for instance, is on a meteoric rise and is projected to burgeon to an approximate value of $18 billion by 2025, creating immense opportunities for egg powder suppliers. The sports nutrition sector has already become a significant consumer, utilizing an estimated 8,000 metric tons of egg powder globally in 2023 for products like protein bars and shakes. The appeal of egg powder also extends into medical and pharmaceutical applications; in 2023, demand from the pharmaceutical segment for use in various formulations and as a nutrient source exceeded 8,000 metrns, ic tohighlighting its value beyond general nutrition. Customize the Data Scope to Match Your Objectives: A Deep Dive into Established and Emerging Regional Hubs of the Egg Powder Market A geographical analysis of the market reveals a landscape of established leaders and rapidly emerging growth centers. North America is expected to assert its position, holding a projected 24.4% of the global market share in 2024. Within this region, the United States is a powerhouse; in 2023, around 18,000 metric tons of egg white powder were used solely in the production of protein shakes and health bars. The future looks exceptionally bright, with the U.S. market for egg powder projected to reach a value of USD 700 million by 2030. Across the Atlantic, Europe remains a vital egg powder market, with nations like Germany, France, and Italy leading as key importers, driven primarily by their robust bakery and confectionery industries. Germany, in particular, showcases significant consumption, having utilized over 7,500 metric tons in 2023, with a high demand for whole egg powder. The most dynamic growth, however, is forecast for the Asia-Pacific region. In Japan, the market share for powdered eggs used in processing and convenience foods witnessed an impressive 10.2% year-over-year increase in 2024. The market in South Korea is forecasted to expand at a vigorous CAGR of 6.9% through 2034, while the market in China is projected to reach an immense US$ 394 million by the end of 2034. The Indian egg powder industry is also expanding at a rapid pace, fueled by its growing domestic food processing sector. Finally, Latin America is carving out its role as a key exporter. Brazil, already a world leader in poultry exports, is strategically increasing its offerings of eggs and processed products. Demonstrating this growing influence, exports from Latin America to the high-demand markets in Asia saw a remarkable 14% year-over-year increase in 2024, cementing the region's rising importance in the global egg powder market supply chain. Global Egg Powder Market Major Players: Rose Acre Farms, Inc . Ovostar Union N.V . Kewpie Corporation Bouwhuis Enthoven BV Eierhandel Wulro B.V . Interovo Egg Group BV Adriaan Goede BV Oskaloosa Food Products Corp . SKM Egg Products TM Ovostar Other Prominent Players IGRECA Bouwhuis Enthoven A.G. Foods Jiangsu Kangde Egg Industry Co., Ltd . Pulviver Other Prominent Players Key Segmentation: By Products Whole egg Powder Egg Yolk Powder Egg Albumin Powder Others By Technology Spray Drying Freeze Drying By Application Food & Beverage Personal Care & Cosmetics Nutraceutical & Pharmaceuticals Animal Feed, and Others By Distribution Channel Offline Online By Region North America Europe Asia Pacific Middle East Africa South America Want to Confirm These Insights with an Industry Expert?: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website:

Zeus Hygia, Deep Algorithm Solutions, and Zulu Club Raise Early-Stage Funding
Zeus Hygia, Deep Algorithm Solutions, and Zulu Club Raise Early-Stage Funding

Entrepreneur

time16-07-2025

  • Business
  • Entrepreneur

Zeus Hygia, Deep Algorithm Solutions, and Zulu Club Raise Early-Stage Funding

The below startups have announced their latest funding rounds. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Zeus Hygia Raises USD 2.5 Mn from NABVENTURES Zeus Hygia has secured USD 2.5 million in Series A funding from NABVENTURES, the venture capital arm of NABARD. The funding will support expansion in North America and Southeast Asia, advance research and development, and accelerate the creation of innovative nutraceutical ingredients targeting pain relief, weight control, women's health, and healthy aging. "The investment affirms our scientific foundation and mission to develop clinically supported natural ingredients," said Dr Arunkanth Krishnakumar, Co-founder and CEO of Zeus Hygia. Founded in 2018 by Dr Krishnakumar and Shankaranarayanan Jeyakodi, Zeus Hygia produces patented, evidence-based herbal extracts tailored for pharmaceutical, nutraceutical, and over-the-counter markets. The company operates on a business-to-business model and supplies high-efficacy plant-based ingredients to wellness companies across more than 15 countries. Its product line includes eight proprietary branded ingredients such as BioSOLVE Curcumin, Grantria, and Stadice, with several others under development. Zeus Hygia holds nine patents and supports its innovations through over 20 scientific publications. Its technology platforms enable the delivery of safe and natural active ingredients. Zeus Hygia has established a unit in the United States and is entering Southeast Asia through strategic partnerships. The company expects international markets to contribute nearly 70 percent of its revenue within three years, signaling strong global demand for its plant-derived solutions. Deep Algorithm Solutions Raises INR 10.8 Cr from Unicorn India Ventures Cybersecurity and AI startup Deep Algorithm Solutions has raised Rs 10.8 crore in a seed funding round led by Unicorn India Ventures. The funds will be used to expand engineering and threat intelligence teams, boost go-to-market efforts in India and Southeast Asia, and enhance integration with enterprise platforms such as Azure AD and Okta. The capital will also support the development of its behavioral AI and fraud analytics engine. "We are solving complex challenges in identity security and fraud prevention using indigenous AI. This investment affirms our belief in continuous authentication and behavioral intelligence," said JP Mishra, Founder and CEO. Founded in December 2021 by JP Mishra, Deep Algorithm Solutions specialises in cybersecurity for digital financial systems. The company's key offerings include adapIDAI, an adaptive behavioral identity engine, and BotShield, which mitigates zero-day attacks, DDoS threats, and application-level vulnerabilities. In the past year, Deep Algorithm has completed deployments at a private bank, a government agency, and a hospital. It has secured a government patent, filed for an international one, and is currently in talks with banks and fintech firms in India and abroad. With plans to expand into Mumbai, Bengaluru, Kenya, South Africa, and the UAE, the startup is also working on channel partnerships and preparing to launch a SaaS model for mid-sized enterprises. Zulu Club Raises USD 250K from TDV Partners Zulu Club has secured USD 250,000 in pre-seed funding from TDV Partners to expand its presence across Delhi NCR. The Gurgaon-based startup will deploy the capital to strengthen its logistics infrastructure, enhance personalisation features, and build deeper partnerships with local retailers. "We're building Zulu Club to reintroduce trust and experience into fashion shopping," said Adarsh Bhatia, founder of Zulu Club. "Consumers want speed, but not at the cost of confidence." Founded in 2024 by Adarsh Bhatia, Zulu Club offers a hyperlocal shopping experience that connects users to nearby malls and outlet stores via its app. The service allows customers to receive curated Try-at-Home kits with multiple items, try them on at their convenience, and pay only for what they keep. Zulu Club blends AI-powered curation with human-assisted personal shopping. Its flagship 100-minute delivery model targets millennial and Gen Z users who prioritize convenience and personalisation. The platform aims to reduce return rates and increase average order value by allowing consumers to try items before purchasing. The startup is currently operational in Gurugram and plans to expand across key neighborhoods in Delhi NCR. Its model addresses major challenges in online fashion such as low trust, poor fit, and high return rates, while also helping local retailers reach a broader customer base.

Vitafoods Asia 2025 Is Ready to Connect Nutraceutical World This September
Vitafoods Asia 2025 Is Ready to Connect Nutraceutical World This September

Yahoo

time24-06-2025

  • Business
  • Yahoo

Vitafoods Asia 2025 Is Ready to Connect Nutraceutical World This September

BANGKOK, June 24, 2025 /PRNewswire/ -- In an era where consumers are becoming more health-conscious and proactive about their well-being, the nutraceutical industry has experienced significant growth. One of the driving forces behind this momentum is the global shift toward aging populations and a greater emphasis on preventive healthcare and aging gracefully. Consumers today are not only looking for ways to treat ailments but are increasingly turning to functional food, beverages, and dietary supplements to maintain long-term wellness and vitality. In response to this surging demand, Vitafoods Europe, world's nutraceutical event with over 30 years of exhibition, recently concluded with great success in Barcelona, Spain. The event brought together top-tier brands, ingredient innovators, research institutions, and manufacturing partners from around the world, offering a comprehensive glimpse into the trends shaping the future of health and nutrition. Now, all eyes turn to Asia. Vitafoods Asia 2025 – Asia's Leading Nutraceutical Event Vitafoods Asia 2025, scheduled to take place from 17-19 September 2025 on the entire LG Floor of Queen Sirikit National Convention Center (QSNCC) in Bangkok. The event is set to become the region's most anticipated gathering for the nutraceutical sector. More than just a trade show, it's a dynamic ecosystem that connects an entire nutraceutical supply chain by gathering over 650 suppliers, bringing innovative ingredients, finished products, contract manufacturing and related equipment and services to connect with 13,000 participants estimated to join in this year's edition. Whether you are a startup founder, a health entrepreneur, or a retailer seeking the next big product line, Vitafoods Asia offers unparalleled access to cutting-edge solutions, global suppliers, and actionable insights to shape the future of your business. Where Innovation Meets Opportunity One of the biggest highlights of the show is the New Ingredients & New Products Zone, where visitors can explore newly launched functional ingredients, supplements, and health products curated from all over the world. The second is A to C (Academic to Commercial) Zone, where the top institutions and universities will display their significant research on local ingredients. Beyond the exhibition floor, a robust lineup of talks and technical presentations await. These sessions are designed to provide participants with an in-depth understanding of the promising trends—from personalized nutrition, microbiome science to regulatory updates. Experts, thought leaders, and researchers will share their knowledge, offering visitors practical strategies to stay ahead of the curve. Who Should Attend? Entrepreneurs exploring opportunities in the health industry Product developers and R&D specialists Retail buyers and category managers for supplement products Distributors and wholesalers looking to expand their portfolios General visitors looking to have their own health product business Whether you're just starting your journey or looking to scale your existing business, Vitafoods Asia is the definitive event to turn your nutraceutical idea into reality. Join Us at Vitafoods Asia 2025 Don't miss your chance to be part of Asia's most vibrant nutraceutical event. Discover new ingredients, gain strategic insight, and make valuable business connections—all under one roof. Vitafoods Asia 2025 17–19 September 2025 | 10:00 – 18:00 LG Floor, Queen Sirikit National Convention Center (QSNCC), Bangkok, Thailand Register now to attend: About Informa Markets Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services and actionable data solutions. We connect buyers and sellers across more than a dozen global verticals, including Pharmaceuticals, Boating, Food, Fashion, and Infrastructure. As the world's leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. View original content to download multimedia: SOURCE Vitafoods Asia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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