Nutrition Business Journal (NBJ) will host its annual Raw Material & Ingredient Supply Web Seminar on January 14, 2009, from 11:00 a.m. to 12:30 p.m. Mountain time. NBJ’s editorial and research team, along with industry expert Thomas Aarts, will present a strategic analysis and review of the U.S. nutritional raw material & ingredient supply industry and offer insights into how supply companies are managing the current economic downturn, regulatory changes and other challenges. We will also explore how suppliers can help the nutrition industry capitalize on the growing consumer interest in health and wellness, even in a turbulent economy.
NBJ Survey Data: Impact of Rising Raw Material Costs in 2008
“2008 was a year of bad debt and tighter access to capital and credit for nutrition industry suppliers,” said Carlotta Mast, editor of NBJ. “In addition, firms were still dealing with the blows that rising fuel prices and currency fluctuations delivered in 2007 and the first half of 2008. Many ended the year wondering how the economic downturn would affect the U.S. nutrition industry and what would be in store for 2009.”
“The faltering economy is first and foremost on the minds of nutrition industry executives these days and conversations with suppliers of dietary supplement and functional ingredients paint an interesting picture of the market,” said Patrick Rea, Publisher & Editorial Director of NBJ. “Our annual survey of nutrition industry suppliers found strong sales in 2008 and fear of a business slowdown in 2009. These two dynamics are driving a mixed market and sending business decisions in interesting directions.”
Click http://www.youtube.com/watch?v=JbTboBOQ5uQ to watch a video of Patrick Rea, Publisher & Editorial Director for Nutrition Business Journal discuss the upcoming Raw Material & Ingredient Supply Web Seminar.
Topics that will be presented in the Raw Material & Ingredient Supply Web Seminar include:
• A competitive analysis of individual raw material and supply categories
• A snapshot of the top trends and business issues impacting the nutritional supply market and a preview of what is likely to be in store for 2009
• Discussion of over-the-counter drug and supplement combination products in the current regulatory environment
• A category overview of pricing and supply trends for vitamins, minerals, herbs & botanicals and specialty ingredients, including fish oil, probiotics, whey protein and CoQ-10
• Major factors affecting growth in supplement and functional food supply markets
• Steps vitamin manufactures and suppliers need to undertake to maintain market credibility
• Discussion of how the economy is impacting the ingredient supply segment of the U.S. nutrition industry
Nutrition Business Journal guarantees a broad and deep analysis of the supplement, functional food and personal care supply industry as part of this Web Seminar. Get the latest commentary on trends and competitive analysis on individual raw material and supply categories and learn the factors affecting growth in the ingredient supply segment of the U.S. nutrition industry.
Registration for the Webinar is available online at http://nutritionbusinessjournal.com/ingredient-supply/web-seminar/1211-ingredient-supply-seminar/. A registration fee of $495 allows up to six login points from multiple locations.
Nutrition Business Journal is an executive newsletter for decision-makers in the natural, nutrition and complementary and alternative health industries. NBJ's exclusive research and editorial focus on the strategic issues of the nutrition industry has made it a leading business intelligence resource for subscribers since 1996. To purchase detailed market research reports, subscribe to the NBJ, or sign up for the NBJ's free weekly e-newsletter, please visit www.nutritionbusiness.com. NBJ also hosts the NBJ/Newport Summit, an invitation-only retreat for C-level executives in the nutrition industry each July. For more information, visit www.nbjsummit.com.
New Hope Natural Media (www.newhope.com), a division of the Penton Media, Inc., is the leading media resource and information provider for the natural, organic and healthy products industry with print, in-person/event, and e-business products and services. Penton Media, Inc. is the largest independent business-to-business media company in the U.S., serving more than six million business professionals every month. The company’s market-leading brands are focused on 30 industries and include 113 trade magazines, 145 Web sites, 150 industry trade shows and conferences, and more than 500 information data products. Headquartered in New York City, the privately held company is owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, and its coinvestors. For additional information on the company and its businesses, visit www.penton.com.