Kirin has reported strong revenue growth for its non-alcoholic beverage business, driven by demand for health functional drinks and especially those in small-volume PET bottles, the company said in its FY2023 financial results.
This round-up looks at the latest financial performance of nutrition and nutraceutical firms, including Swisse’s parent company H&H Group, Kirin, Centrum’s owner Haleon, a2 milk and more.
Kirin’s is expected to double down on Blackmores’ R&D capabilities and new product development in the wake of its $1.2bn deal, according to exclusive insights from the Japanese giant and industry experts.
Kirin’s first human milk oligosaccharides (HMOs) production plant has commenced operation and the company anticipates that half of the market will be dominated by China in the future.
Japanese firm Kirin is expanding its presence in South East Asia with its flagship postbiotic ingredient, with collaborations with major dairy companies underway.
Bega Cheese Limited said it has entered into a binding share sale and purchase agreement to acquire all of the shares in Lion Dairy & Drinks from Japan’s Kirin Holdings for a net acquisition price of A$534m (US$393m).
Kyowa Hakko Bio Ltd, a subsidiary of Kirin Holdings Company, Limited, has announced it will establish a new facility to manufacture human milk oligosaccharides (HMOs) in Thailand.
Japanese beer and beverage giant Kirin has announced a strategic review for Lion Dairy and Drinks - a producer and distributor of dairy products and beverages in Oceania – with the sale of the unit one of the options.