Market Flash

Bolivian Ministry of Health recently published the results of an investigation, which showed that out of the 54 registered salt brands sold in the market, only 14 brands of iodized salt met the nutrition fortification standards.

Novel Foods and Food Allergens (NDA) Panel conducted a scientific evaluation on the safety of vitamin D2 mushroom powder as a novel food and published their opinion.

Ministry of Food and Drug Safety (MFDS) of Korea officially announced that two grain-based processed products produced by a Korean food company had incomplete label information.

According to the information released by the CDC, the United States experienced a Salmonella outbreak event in June 2024 related to raw cucumbers.

Transgenic barley sh-oligopeptide-1 is a specific barley seed extract developed and produced for skin care applications. It is said to contain high-quality, endotoxin-free growth factors produced from the endosperm tissue of the barley plant Hordeum vulga

• Transgenic barley sh-oligopeptide-1

Natural beauty brand Yensa has expanded its reach by launching products in select Nordstrom stores across the U.S. Nordstrom will offer a limited selection of complexion care products.

• Yensa
• Nordstrom

Cepsa has started construction of a plant in Spain to produce 80,000 metric tons of isopropyl alcohol. The investment in the new plant represents €75 million.

• Cepsa
• IPA

Recent reports from Myanmar media indicate that the country's pulse crop export industry has achieved significant results in the nearly two months of the 2024-2025 fiscal year, according to the latest data released by the Ministry of Commerce.

In recent weeks, the prices of white shrimp, the main supplier in the global market, have shown a continuous downward trend, and the market is facing unprecedented severe challenges.

According to the latest statistics from the Ministry of Agriculture and Rural Development of Vietnam, the national rice export volume reached an astonishing nearly 4.2 million tons in the first five months of 2024, up nearly 15% from the same period last

The Iranian Students' News Agency reported on June 2nd that when the 13th Iranian government was formed, the country faced serious food security and storage problems.

On June 11, 2024, the Netherlands reported to the EU that a batch of chili sauce products exported from China had quality problems, and were deemed unqualified products.

According to the latest information released by the EU Rapid Alert System for Food and Feed (RASFF), we have learned about a quality and safety issue regarding the export of pistachios from Iran.

On June 11, the Japanese Ministry of Health, Labor and Welfare officially released Health Food Import Notice No. 3 of June 11, 2022, which has attracted widespread attention and discussion.

Recently, the Ministry of Commerce in Myanmar released a report on the export of corn, which has attracted widespread attention.

According to a recent report by Vietnam News Agency, the Vietnamese pepper export industry has shown impressive performance in the first five months of 2024.

The Canadian Pest Management Agency is planning to revise the maximum residue limits (MRLs) for buflurate in certain foods, as stated in Health Canada's notice PMRL2024-10 issued on June 11, 2024.

Some sh-oligopeptide-1 is produced using human stem cells. Chemists have discovered a method to synthesize it using genetically barley seed to create barley sh-oligopeptide-1.

• Barley sh-oligopeptide-1

Flint Group has announced that its 2030 carbon reduction target has been approved by the Science Based Targets initiative (SBTi).

• Flint group
• SBTi

Megalabs has acquired a majority stake in DS Laboratories, further enhancing Megalabs’ position in the global dermatology market and in the United States.

• Megalabs
• DS Laboratories