On November 11, the MFDA (Ministry of Food and Drug Safety) has approved the health claim “May help to maintain skin health from skin damaged by UV radiation” for Nutroxsun. This has been possible due to the good work of the Korean company Natural F&P, that from the beginning informed Monteloeder that their main goal was to get the health claim approved.
In life, we can not avoid the Ambient (outdoor air pollution). This is a major cause of death and disease globally. The World Health Organisation (WHO) release a report in 2016 indicating that 4.2 million premature deaths worldwide due to Ambient (outdoor air pollution). There has been increasing research on the effects of ambient pollution on health. Mostly, Pollution causes damage when it is in contact with the airways and skin.
In Korea, The ultraviolet rays are particularly strong in summer. Therefore, the customer is showing interest in the products related to UV protection.
Among many types of UV protection products in Korea, People are always considered new sunscreen products based on their skin types. Mostly If someone has sensitive skin, they are avoiding to use sunscreen products with high SPF that can cause irritation or reaction on the skin. Thus, there are new movements are targeting at this UV market as the solution of the summer market.
The hope and concern always coexist in New Year all the time, but Many economists predict a pessimistic view about the macroeconomic situation of South Korea in 2019. In this situation, the Korea functional food industry is also expecting the sales slow over this year. Because The Korea functional foods market has been grown over several years but it can not be ignored the external environment and also, there are increased competitor due to a market extension.
Nutraceuticals are provide essential nutrients as dietary supplements and functional foods and beverage including the prevention or treatment of a disease and also, reduce the cost of high healthcare. The growing awareness regarding the consumption of healthy foods will result in increased demand for nutraceuticals more.
Our first branded ingredient PLX is a botanical extract powder from Lippia citriodora (Lemon Verbena, Aloysia Triphylla) that contains the highest verbascoside content with lemon verbena in the market. Lemon verbena have been reported in traditional medicines. The leaves of Lemon verbena are used for the treatment of fever, neuropathic and stomach pains, dizziness, headaches, hypnotic, anemia, migraine, and cold symptoms (1)
The world is rapidly becoming an aging society and also, South Korea will become the world’s most aged society by 2050 due to a prolonged average lifespan and an extremely low birth rate. Thus, A part of silver food market will be increased in the change of food consumption patterns.