Home Blog Page 94

PlantFuel® inks agreements with leading ingredient suppliers to drive the next wave of innovation on PlantFueled® wellness

0

 

PlantFuel Life Inc. announces that its brand PlantFuel has signed agreements with leading ingredient suppliers to drive the next wave of innovation of PlantFueled wellness.

Cracking the code isn’t easy, but after three long years, former NFL Athlete and nutrition industry veteran Brad Pyatt is bringing the next big thing to sports nutrition and plant-based consumers. PlantFuel, the world’s first plant-fueled, athlete-focused dietary supplement company, is revealing the first premium ingredients selected for its plant-based, sports nutrition product line.

“As the founder of PlantFuel, my mission was simple: to create a new frontier in plant-based supplement initiatives by expanding the current landscape with ingredient technologies. We are only using the latest, greatest innovations for our wellness platform,” confirms Pyatt. “Our team of leading physicians and formulators has worked for years to bridge the gap between traditional sports nutrition and plant-based ingredients. Until now, no plant-based products could match what the sports nutrition category was doing. Our innovative line of plant-based sports nutrition supplements solves this dilemma, finally giving athletes and consumers effective plant-based sports nutrition products to maximize peak performance.”  The company’s official launch is coming soon.

NHP DIRECT – Supplier of the Year

0

 

Category: e-commerce

The e-commerce market has continued to develop through the past decade and has proven to be recession-proof even during the most tumultuous economic and political times.

In fact, worldwide e-com retail is projected to grow from 3.53 trillion U.S. dollars to over 6.54 trillion by 2023.

Canada’s significant digital population is no small player in this arena, proven to be exceptionally profitable. In late 2019 alone, e-commerce retail trade sales amounted to almost 25.4 billion Canadian dollars, with approximately 28.1 million Canadians have made purchases online and that number is expected to surpass 33 billion U.S. dollars by 2024.

Anyone would agree that e-commerce is inevitable, however, it is still overwhelming for most of us to manage. Just the thought of having to source through 1000’s of products invest in inventory, human labour and the multitude of logistics necessary for running an online shop is enough to keep us paralyzed.

This year, our team and selective readers picked NHP Direct as the supplier of the year. Votes were based on several key factors: Market Relevance, Convenience, Cost, Execution, Market expertise, Support.

NHPDIRECT allows for a seamless online experience saving you time, energy and money so that you can focus on doing what you do best, running your online business.

 

A few words from NHP direct

NHPDIRECT Now providing 55 Independent Health Food Retailers with a simple E-Commerce Solution

NHPDIRECT is pleased to announce that with the addition of Herb & Spice Food & Wellness Shop of Ottawa, and Ever-Well Health of Caledonia, we’ve now welcomed 55 NHPDirect Partners from across Canada into our network!  Originally launched in the fall of 2019, the program was designed to simplify e-commerce for independent natural health retailers and to allow them to compete with larger and more established websites.

The global pandemic has highlighted the need for a quick and cost-effective e-commerce solution for the natural health industry.  The team behind NHPDIRECT has over 20 years of experience in the industry and feels their offering is a step forward to allow retailers to get online and sell a growing catalogue of products (10,000+) from leading brands such as Assured Natural, Natural Factors, Genuine Health, Garden of Life, Genestra, Progressive and many others.

One of our greatest strengths is our long-standing relationships with vendors from across the industry.  These relationships allow NHPDIRECT to provide consistent vendor-sponsored marketing and promotion opportunities.  We also place relevant content on the Partner sites by regularly posting interesting and informative Blogs and Videos.  Consistent promotions and relevant content help keep retailers connected to their customers and find new ones on Social Media!

Benefits of NHPDIRECT

  • Creates a new revenue stream by selling online
  • Increases in-store product offering without increasing inventory
  • Keeps customers loyal by offering them the choice to buy in-store or online
  • Your own website built on easy to use Shopify platform
  • Add your database to the website for easy promotional management
  • We look after fulfilling all orders, collecting payments, and handling returns
  • Monthly report of sales with profits deposited directly into your bank account
  • Website built in 2-3 weeks for $999

NHPDIRECT knows the hardships for retailers to sell online themselves. Everything from inputting product information and images, right through to packing orders and shipping them out to customers across Canada. The entire process takes the skills and talent of a dedicated team to make e-commerce function well.

With NHPDIRECT, retailers can take advantage of its resources and fulfillment warehouse to be their back-end operational team and do all the heavy lifting for them. This allows retailers to focus on what they do best – customer service and product education.

To find out more about NHPDIRECT for any further questions, visit www.NHPDirect.com/ or contact Rose Scapin at rose@nhddirect.com 905-251-4961.   You can also schedule a call with Rose by clicking here.

Toronto Naturopath Doctor’s Latest Blog Talks About Why Mold Toxicity Should be a Concern

0

 

Dr. Amauri Caversan, ND, is a Toronto Naturopathic Doctor that likes to help his patients and others in ways that reach beyond the inside of his practice. One of the main ways that he goes about doing this is by posting informational blogs on his website. These blog posts discuss current health issues and also offer suggestions that are designed to help people lead healthier lives. His latest blog, ‘A Toronto Naturopath’s View on Why You Should Worry About Mold’, brings to light some possible mould-related health issues that many people are not aware of.

Dr. Caversan ND, says, “People are aware that mold can be very damaging and it can also be the cause of some allergy-related symptoms. However, not everyone realizes that mold can cause health problems that go well beyond just being an upper respiratory irritant. That’s why I thought it was important to take the time to write my latest blog. It will help those that read it understand the far-reaching health impact of what is known in medical circles as ‘mold toxicity’.”

The blog started by going over that mold forms in wet or extremely moist conditions and its effect can be seasonal or year-round. It also stated that mold can appear just about anywhere and the most common forms of this substance were Aspergillus, Penicillium, Myxomycetes, Fusarium, and Cladosporium. When mold impacts someone’s health, as Dr. Caversan ND mentioned, this is what’s referred to as mold toxicity. A condition that is often overlooked when doctors are trying to look for symptoms of what’s causing a patient’s illness. The article went on to mention that a study that was done by the Archives of Environmental Health on 100 people, revealed that almost all of them showed signs of some possible mold-related health conditions. Among the physical and neurological problems mentioned were respiratory ailments, short-term memory loss, the inability to walk straight with the eyes closed, and problems with autonomic nervous system functions such as heart rate, breathing, and digestion. The new blog post stated that it’s also possible that mold-causing health issues may appear later on in a person’s life.

Read more: https://www.pressadvantage.com/story/43289-toronto-naturopath-doctor-s-latest-blog-talks-about-why-mold-toxicity-should-be-a-concern#ixzz6wSIqs7cA

Fitness facilities ready to get into high gear with B.C. restart plan

0

 

“It was a big day … to hear the reopening plan and to start to feel a sense of we’re going to be OK, we made it this far. My goodness, we can kind of see the finish line.” — LIVE WELL Exercise Clinics president and CEO Sara Hodson.

When the full force of the COVID-19 pandemic hit last year and fitness facilities were shut down, Live Well Exercise Clinics turned online to continue to provide services to its patrons.

Live Well, which has 11 locations in Metro Vancouver and others across the country, started live streaming with staff leading fitness sessions. Soon, they began tailoring sessions to their patrons, who are typically 55 or older with health concerns such as high blood pressure or diabetes.

Restrictions were loosened heading into last summer and some patrons returned to facilities.

Initially, 90 percent of patrons stuck around, but by November of last year, as restrictions tightened again, they dropped down to a client level of 60 percent.

However, in the last few days, after the B.C. government announced a restart plan last week, the phone has been ringing off the hook, said LIVE WELL Exercise Clinics president and CEO Sara Hodson.

“It was a big day … to hear the reopening plan and to start to feel a sense of we’re going to be OK, we made it this far. My goodness, we can kind of see the finish line,” said Hodson.

Another circuit breaker implemented two months ago as COVID-19 cases were surging in B.C. and around the globe had hit fitness facilities hard.

It limited the number of people in a facility at any one time to increase physical distancing and only allowed people to work out on their own or one-on-one with an instructor.

But since May 25 low-intensity group exercises are allowed again, for example, a yoga class.

As long as vaccination uptake continues in B.C. — 67 percent of adults have the first dose now — the aim is to have fitness facilities fully open by July 1.

While it has not been an easy road to survival, B.C. fitness facilities have fared better than other provinces where facilities faced complete shutdowns.

Hodson and Carl Ulmer, a partner in Trevor Linden’s chain of fitness facilities Club 16, were able to get the ear of Dr. Bonnie Henry and provincial health officials to communicate the importance of fitness to physical and mental health during the pandemic.

The provincial officials listened and it meant there was not a complete shutdown of fitness facilities in B.C.

The B.C. Fitness Industry Council, of which Hodson and Ulmer are co-chairs, were able to present data that showed millions of visits to fitness facilities with few infection incidents, including 1.3 million visits between March 1 and April 12 of this year.

Source: Vancouver Sun

European Union and Europe: organic retail sales value from 2004 to 2019

0

 

Organic retail sales in 2019 came to approximately 41.5 billion euros in the European Union and 45 billion in Europe. In both cases, an increase could be observed over the entire period. An annual increase was seen between 2004 and 2019 for both regions with a steep acceleration of growth, beginning around 2014. Retail sales of organic food in Germany amounted to approximately eleven billion in 2019. The second biggest market measured in retail sales was France

Per capita consumption
Per capita spending on organic food in the EU-28 reached 84 euros per person. The highest spending on organic food could be observed in the Alps and in the North of the continent. In Switzerland and Denmark, per capita, spending reached 338 and 312 euros in 2019, respectively. Sweden came in second and third with a spending of 231 euros.

Sales in Germany and the UK
The German market has seen a continuous upward trend in sales since the year 2000 barring only the year 2009. The dip was likely caused by the financial crisis. In contrast, UK sales suffered immensely in 2008 and the following years. The loss in sales was so heavy that the market needed until 2017 to generate more sales than were generated in 2007.

Organic retail sales value in the European Union and Europe from 2004 to 2019

Even though sales are booming, the state of organic production is yet to catch up with demand: organic farmland as a proportion of all farmland area rarely exceeds 15 percent in the majority of countries. Similarly, organic meat production is only a minuscule share of overall livestock, particularly in the case of pork at only 0.6 percent. Nevertheless, arable organic crop production in Europe is centred around cereals, while permanent crops are predominantly made up of olives and grapes.

Although Germany has the largest market for organic food, the highest levels of per capita consumption can be found in Switzerland and the Nordic countries. European consumers have high levels of awareness for organic claims at 61 percent, with a further 11 percent actively seeking such products. Furthermore, increasing numbers are buying more organic food and drink products, with a relatively equal proportion willing to pay a premium for an organic claim. Avenues for purchase tend to be general retailers or specialized organic retailers, while the appeal of various products differs between countries: the United Kingdom has the largest market for organic fish, for instance, whereas organic confectionery launches are concentrated in Germany.

Health and wellness have been one of the defining trends for the food and drink industry for years and European continue to care deeply about what they eat and drink. In Great Britain, the second most common reason for becoming a vegan or vegetarian is that such a diet is perceived as being more healthy. Brits who follow a diet with reduced meat intake think of themselves as healthy eaters more often. Due to the high consumer demand for meat-free alternatives, the industry for meat substitutes has grown by over 350 million U.S. dollars between 2015 and 2018, and further growth is expected. Grain-based substitutes had the highest market share, closely followed by soy-based products.

Sugar content
Meat is not the only item on the chopping block of the more health-conscious consumer. In 2018, soft drink juggernaut Coca-Cola made more than 10 billion U.S. dollars from the retail sale of carbonated beverages with reduced sugar content in Europe. The United Kingdom, Germany and Spain have become sizeable multi-billion-dollar markets for these products. However, not only are shoppers looking to increase their consumption of drinks with less sugar, but also of food products with reduced sugar content. Mars Incorporated leads the European market for confectionery with less sugar, while artisanal and private label products massively shape the bakery and cereal product market.

Protein market
However, European are not only looking to cut back on certain ingredients or items but also look to add. One of the nutrients that are currently in favour is protein. All over Europe, shoppers spent the equivalent of hundreds of British pounds on protein shakes and high-protein foods and snacks. Interest in plant-based sources is especially high. The industry expects the growth of plant-based products to amount to hundreds of thousands of metric tons in coming years in Europe and Russia. Besides protein from plants, another protein source is expected to become more and more relevant. Insect protein is expected to reach a production volume of 1.2 million tons in 2025 for human and animal consumption.

Organic, fair trade and vegan chocolate

0

 

Dr. Bronner’s, a maker of organic soap and personal care products, is introducing a new line of organic, fair trade and vegan chocolate.

The new chocolate bars are a result of the company’s work to partner with farmers to improve the health and productivity of existing palm and cocoa trees in Ghana through dynamic agroforestry, a farming practice that involves planting complementary trees and other plants near the cocoa crop. Dynamic agroforestry has been shown to create biodiversity and improve yield and income streams for farmers, according to the company.

“Our recipe is simple: perfectly balanced delicious ingredients sourced from fairly paid farmers implementing regenerative organic practices, that fulfill chocolate’s promise as an expression of love, elevating it to be the pure and ethical indulgence it is meant to be,” said Michael Bronner, president of Dr. Bronner’s.

On the Edge of Collapsing, Fitness Industry Urges the Government to Immediately Reopen

0

 

EXTENDED CLOSURE WILL RESULT IN INCREASED HEALTH RISKS FOR ONTARIANS, SMALL BUSINESS BANKRUPTCIES AND PERMANENT JOB LOSSES.

The Fitness Industry Council of Canada (FIC) Ontario Coalition is extremely disappointed in the provincial COVID-19 Roadmap to Reopen schedule as announced last Thursday. If fitness facilities remain closed for much longer the sector will be crippled by massive permanent closures and job losses.

The current schedule suggests indoor fitness will not be permitted to reopen until August, a decision that is not only devastating to hundreds of Ontario fitness businesses and thousands of employees but to the millions of Ontarians who are desperate to return to their gym for both physical and mental health reasons.

“The decision to leave gyms and fitness facilities closed until the last stage of reopening just doesn’t make sense.  During the last 14 months, when we were permitted to be open, we hosted more than 15 million safe workouts.  We’ve proven our ability to operate safely and responsibly,” said FIC Ontario lead Nick Corneil. “Our industry is desperate to re-open and millions of Ontarians need to get back to their workout routines to support their overall health.”

On May 19th the Ontario chapter of the Fitness Industry Council of Canada joined other leaders in the fitness industry to communicate the dire circumstances they are facing through an online media event. Since then, the campaign website www.getmovingagain.ca and accompanying online petition has garnered over 13,000 signatures of support.

FIC is imploring the government to reconsider its position, and allow gyms to reopen as quickly as possible, to simultaneously save Ontario’s fitness industry and protect the health and well-being of Ontarians.  The coalition has 3 clear asks for government:

1. Follow science, not speculation and let evidence-based data guide decisions. Fitness clubs, operated under safe conditions, are safe. Similar to park playgrounds, there is no data that shows fitness clubs and gyms are a significant source of COVID-19 outbreaks. Just the opposite: when Ontario fitness facilities were allowed to operate, the industry hosted millions of safe workouts.

2. Give health and fitness experts a seat at the table when planning re-openings. Fitness professionals have deep experience and expertise and can help officials make informed, evidence-based decisions about safely reopening and operating fitness clubs. The industry wants to work with the government to ensure Ontarians are protected and the industry can survive. To date the industry has not been consulted on any decisions government has made.

3. Base capacity restrictions on operating space and open fitness facilities sooner. Allow gyms and studios to safely open based on a percentage of their space – just like other industries. Personal training can be done safely or more than current allied health services. Gyms can operate with mandated masks and distancing, so there is no reason not to have them open in Step 1 at 15% like other non-essential retail.

Due to pandemic restrictions, fitness facilities in Ontario are in serious financial trouble. Despite being eligible for wage and rent subsidies from the federal government, and relaunch grants from the government of Ontario, the average fitness facility is still losing between $15-25K per month and has racked up an average of $150-200K in additional debt. Furthermore, government aid programs are being reduced in the coming months while fitness clubs continue to face months of zero income.

Corneil added, “Pandemic isolation and stress means Ontarians need their gyms more than ever, and the gyms need Ontarians.  We are eager to work with the government to help make responsible decisions about reopening Ontario fitness facilities as quickly as possible.  Frankly, some of our members simply won’t make it to August.  Now is the time for gyms to support Ontarian’s physical and mental health.”

FIC and its members are planning to aggressively lobby the provincial government to reconsider the schedule for indoor fitness activities in Ontario.

MusclePharm Delivers Profitable First Quarter 2021 Despite Industry-Wide Supply Shortages

0

 

March and April sales increased compared to prior year periods

MusclePharm Corporation a global provider of leading sports nutrition & lifestyle branded nutritional supplements, today reported financial results for the first quarter ended March 31, 2021.

Mr. Ryan Drexler, the Chairman of the Board of Directors and Chief Executive Officer, stated, “I am very pleased with our profitable quarter, despite the sales shortfall due to the temporary supply shortage affecting our industry. With March and April achieving sales increases over the prior year periods we have momentum going into the second quarter, which indicates the great strides we have made during the past year. We have some of the leading brands in the health and fitness industry and are proud to be leveraging the tremendous reach they offer by entering new categories such as energy beverages. With the rollout of three new energy beverages, in addition to tapping into the gender-specific market with our popular FitMiss brand, we are very well positioned to capture a meaningful share of this rapidly growing market.”

“We have delivered positive profit for the last two quarters and it is a testament that the turnaround strategy we started two years ago to dramatically restructure MusclePharm and increase our focus on profitability is working. The expansion into the energy beverage market is only the beginning for our Company and I am optimistic we are in the very early stages of a tremendous long-term growth opportunity at MusclePharm,” said Ms. Sabina Rizvi President and Chief Financial Officer. “We will continue to focus on cost containment, while driving top line growth with our three-prong strategy of growing the core MP brand through broadened distribution and product offerings, focusing on omni-channel by meeting customers where they prefer to shop, and expanding into new distribution and brand expansion opportunities, as illustrated by our upcoming launch into the energy beverage sector.”

The following are key financial highlights for the period. Reconciliations of certain GAAP to non-GAAP measures are provided later in this press release.

First Quarter 2021 Compared to First Quarter 2020

● Revenue, net was $13.1 million compared to $16.2 million.
● Gross margin declined to 28.1% compared to 29.6%.
● Operating expenses declined $0.8 million or 19.8%
● Net income was $94 thousand compared to a net loss of $(60) thousand.
● Diluted income per share was $0.00 compared to $(0.00).
● Adjusted EBITDA was $0.5 million compared to $0.7 million.
Non-GAAP Financial Measures

Within this press release, the Company makes reference to a non-GAAP financial measure (Adjusted EBITDA) which has a directly comparable U.S. GAAP financial measure (net income). EBITDA is defined as net income/(loss) excluding interest, net, income taxes and depreciation and amortization. Adjusted EBITDA, in addition to those amounts included in EBITDA, is further adjusted for items such as stock-based compensation, gain on disposal of property and equipment, gain on settlements and (recovery) provision for doubtful accounts.

Adjusted EBITDA is provided so that investors have the same financial data that management uses to assess the Company’s operating results with the belief that it will assist the investment community in properly assessing the ongoing performance of the Company for the periods being reported and future periods. The presentation of this additional information is not meant to be considered a substitute for measures prepared in accordance with U.S. GAAP.

Neighbourhood Pharmacy Association of Canada announces new Board Chair

0

 

The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) is pleased to announce Rita Winn, Director, Lovell Drugs Limited, as Chair of the Association for a two-year term.

“Pharmacy is on the precipice of great change, and Neighbourhood Pharmacies is at the forefront, paving the path towards progress for the profession and pharmacy sector by advocating for patient-centred care,” said Rita. “I’m pleased to accept the position of Chair and work with our Association members to advocate for the value pharmacy brings to the table, especially as we navigate beyond COVID-19 and advance pharmacy’s role in public health and primary care.”

“We’re incredibly excited to welcome Rita as Chair for the upcoming two-year term,” said Sandra Hanna, CEO, Neighbourhood Pharmacies. “Canadians increasingly recognize pharmacy teams are capable of more than filling prescriptions, and with over three decades in this sector, Rita has the experience to propel pharmacy forward as a trusted partner of government, healthcare providers, and Canadians.”

Rita’s term as Chair began at the Association’s 2021 Annual General Meeting (AGM), held on Thursday, May 13, 2021, and continues through to the 2023 AGM. Rita follows Karl Frank, Managing Director at Bayshore HealthCare, who has held the position since 2019. Karl will be assuming the Past Chair position on Neighbourhood Pharmacies’ Board of Directors.

“Neighbourhood Pharmacies is sincerely grateful for Karl’s leadership and expertise as Chair over the past two years,” noted Sandra. “He contributes an invaluable understanding of the extensive capabilities of community pharmacy and has succeeded by providing the Board with strategic vision during the height of the pandemic.”

“It has been a privilege to advocate for pharmacy’s role delivering patient-centric care over the past two years, emphasizing how the business and profession are innovating and serving as community healthcare hubs,” said Karl. “As I continue on the Board of Directors, I look forward to collaborating with Rita and all our members to achieve the overarching goal of strengthening pharmacy’s ability to meet the needs of Canadians through the capacity we offer the healthcare system.”

Demand for Powder Formulation of Fish Protein Increasing, Accounting for Over 95.4% Sales

0

 

SOMAR-certified consulting firm Future Market Insights’ recent report forecasts the global fish protein market to exhibit a 5.6% CAGR between 2016 and 2020. As per the study, growing health awareness and preference for organic and protein-enriched food & dietary supplements has accelerated the sales of a powder formulation of fish protein. Also, manufacturers have amplified the production of fish protein supplements available in different flavours such as chocolate, coffee, and strawberry to increase the sales of fish protein supplements.

Surging demand for fish protein for various applications within diverse end-use sectors such as food & beverages, pharmaceuticals, and others is expected to drive the market. Longer shelf-life and easy transportation have encouraged the production of a powder formulation of fish protein.

Furthermore, rising health issues such as obesity increased sugar levels, and others leading to cardiovascular diseases have increased the consumption of fish protein supplements across countries such as United States, India, Australia, and the UK, thereby, fueling the sales of fish protein supplements. Based on the aforementioned factors, FMI estimates, the global fish protein market is poised to expand at a 7.2% CAGR through 2031.

“Fish protein manufacturers are consistently developing supplements in powder form, which is resulting in high demand in the food & beverage industry and creating scope for expansion in the sports nutrition industry,” remarks the FMI analyst.