SlideShare une entreprise Scribd logo
1  sur  40
OzScientific® Pty Ltd

          Knowledge-driven Solutions
               in Functional Foods &
                      Nutraceuticals




1
Mission statement
       To provide knowledge-driven, cost-
        effective, customised solutions in


          Functional Foods and
              Nutraceuticals



                                    Knowledge-driven Solutions in
2                                Functional Foods & Nutraceuticals
OzScientific Pty Ltd
     Established in 2004
     Proprietary Company registered under
     Australian Security and Investment
     Commission (ASIC)
     Started as an research, innovation and
     technical services company, recent
     expansion into marketing of bioactive and
     nutraceutical ingredient & functional foods

                                       Knowledge-driven Solutions in
3                                   Functional Foods & Nutraceuticals
OzScientific facilities

     Sales and marketing office
     Warehouse
     Meeting/conference room
     Food/ingredient testing and
     product development lab
     Access to library &
     databases

                                      Knowledge-driven Solutions in
4                                  Functional Foods & Nutraceuticals
Profile – Dr Ranjan Sharma
       Qualifications
         PhD (Food Sc) (1993 - New Zealand), MBA
         (2003 - Australia)
       Experience
         Over 20 years within food, dairy and
         nutraceutical industries in Australia,
         Denmark, New Zealand & India



                                          Knowledge-driven Solutions in
5                                      Functional Foods & Nutraceuticals
Knowledge-driven solutions

                         OzScientific Pty Ltd


                                                   Functional Foods
      OzScientific®
                                                       Weekly
       Innovations
                                                        OzScientific
    Innovations               NUFOZ®
                                                        Weekly
    & Novel
                      Functional foods & nutraceuticals Digest
    processing
    technologies
                                    Consumer products
                      Ingredients
                                                   Knowledge-driven Solutions in
6                                               Functional Foods & Nutraceuticals
www.ozscientific.com

    OzScientific® Innovations
     Clients included Govt organisations and food
     companies
     Examples of projects carried out
       Product & ingredient innovation – e.g. ingredients and
       beverages with phytosterol, DHA (omega-3), beta
       glucan, hydrolysates, fruits and vegetables
       Food processing – e.g high pressure processing for
       fruits and bioactive ingredients, UHT sterilisation
       Market intelligence – e.g. market opportunities for
       grain and dairy-based bioactive ingredients;
       IP, regulatory, food safety (HACCP) and labelling
       knowledge                                Knowledge-driven Solutions in
7                                                   Functional Foods & Nutraceuticals
NUFOZ®                             www.nufoz.com


    Marketing of functional foods and nutraceuticals
    New business unit – strong business focus
    Focus on condition-specific ingredients &
    consumer products supported by documented
    research & knowledge
      Heart health
      Gut health
      Bone health
      Weight management
      Diabetes management
      Immune health                      Knowledge-driven Solutions in
8                                     Functional Foods & Nutraceuticals
      Etc
NUFOZ®                            www.nufoz.com


    Expected to show strong growth
      Increased incidences of lifestyle-related
      diseases
      Increased consumer awareness of self health
      care and maintenance
      New health-claim regulations coming in effect
      in Australia and New Zealand
      Supplements market will grow rapidly from a
      small base

                                        Knowledge-driven Solutions in
9                                    Functional Foods & Nutraceuticals
www.functionalfoods.com.au
 Functional Foods Weekly
     OzScientific® Weekly Digest -
     subscription-based, well-regarded weekly
     newsletter on functional foods and
     nutraceuticals
     Corporate & individual subscribers in
     North America, Europe, Australia and New
     Zealand

                                      Knowledge-driven Solutions in
10                                 Functional Foods & Nutraceuticals
Drivers for functional foods &
 nutraceuticals
     Population demographics
     Rising obesity - the health
     condition/disease of the millennium
     Increased incidences of non-
     communicable, chronic diseases
     Unhealthy kids
     Consumer awareness of food-health
     relationships
                                     Knowledge-driven Solutions in
11                                Functional Foods & Nutraceuticals
Drivers for functional foods &
 nutraceuticals
     Population demographics
     Rising obesity - the health
     condition/disease of the millennium
     Increased incidences of non-
     communicable, chronic diseases
     Unhealthy kids
     Consumer awareness of food-health
     relationships
                                     Knowledge-driven Solutions in
12                                Functional Foods & Nutraceuticals
Population demographics
     Population demographics
       Ageing population
       Increasing life expectancy
       Increasing population of developing countries
       and shrinking/changing population of
       developed countries
       Growing affluence and increased affordability


                                         Knowledge-driven Solutions in
13                                    Functional Foods & Nutraceuticals
Population trends - Australia
            Australia - population by age groups (2005)

     14000000
     12000000

                                                                   2005
     10000000                                        0-9 years
      8000000                                        10-19 years
                                                     20-64 years
      6000000
                                                     65+ years
      4000000
      2000000
           0


            Australia - population by age groups (2050)

     14000000

                                                                    2050
     12000000
     10000000                                        0-9 years
      8000000                                        10-19 years
                                                     20-64 years
      6000000
                                                                                US Census Bureau
                                                     65+ years
      4000000
      2000000
                                                                      Knowledge-driven Solutions in
           0
14                                                                 Functional Foods & Nutraceuticals
Understanding population demographics
 and recognising market opportunities

     Futures - 0-9 Years old
       Most looked after segment
     Wild card - 10-19 years
       Rapidly growing and fast changing habits
     Bulls - 20-64 years
       Financial pillars of society
     Bears - 65-100+ years
       Senior citizens
                                         Knowledge-driven Solutions in
15                                    Functional Foods & Nutraceuticals
Life expectancy at birth
 Major area                                              2000-2005          2045-2050
 World                                                   65.4               75.1
 More developed regions                                  75.6               82.1
 Less developed regions                                  63.4               74.0
     Least developed countries                           51.0               66.5
     Other less developed countries                      66.1               76.3
 Africa                                                  49.1               65.4
 Asia                                                    67.3               77.2
 Europe                                                  73.7               80.6
 Latin America & Caribbean                               71.5               79.5
 North America                                           77.6               82.7
 Oceania                                                 74.0               81.2
      UN(2005) World Population Prospects The 2004 Revision, UN, New York
                                                                          Knowledge-driven Solutions in
      http://www.un.org/popin/data.html
16                                                                     Functional Foods & Nutraceuticals
Drivers for functional foods &
 nutraceuticals
     Population demographics
     Rising obesity - the health
     condition/disease of the millennium
     Increased incidences of non-
     communicable, chronic diseases
     Unhealthy kids
     Consumer awareness of food-health
     relationships
                                     Knowledge-driven Solutions in
17                                Functional Foods & Nutraceuticals
Obesity a major factor in lifestyle
 diseases
     Diabetes
       80%
     Cancer
       40% of uterine cancer
       25% of kidney cancer
       10% of breast
       10% of colon cancer
     Heart health
       21% of heart diseases

                                  Knowledge-driven Solutions in
18                             Functional Foods & Nutraceuticals
Adult overweight projection
                  Sex    2005
     Country                    2015

     Australia Females   62.7    70

     Australia   Males   72.1    79
      Canada Females     57.1   61.9
      Canada    Males    65.1   68.6
         New
      Zealand Females    68.2   79.2
         New
      Zealand   Males    68.7   78.5
       United
     Kingdom Females     61.9   65.7
       United
     Kingdom    Males    65.7   69.8
                                                     WHO, 2007
       United
       States Females    72.6   80.2
       United                             Knowledge-driven Solutions in
       States   Males    75.6   84.5
19                                     Functional Foods & Nutraceuticals
Adult obesity projection
                  Sex    2005
     Country                    2015

     Australia Females   24.9   33.5

     Australia   Males   23.8   33.3
      Canada Females     23.2   28.2
      Canada    Males    23.7   27.4
         New
      Zealand Females    31.5   48.1
         New
      Zealand   Males      23   35.2
       United
     Kingdom Females     24.2   28.3
       United
     Kingdom    Males    21.6   25.8
       United                                        WHO, 2007
       States Females    41.8   54.3
       United                             Knowledge-driven Solutions in
       States   Males    36.5   51.7
20                                     Functional Foods & Nutraceuticals
Drivers for functional foods &
 nutraceuticals
     Population demographics
     Rising obesity - the health
     condition/disease of the millennium
     Increased incidences of non-
     communicable, chronic diseases
     Unhealthy kids
     Consumer awareness of food-health
     relationships
                                     Knowledge-driven Solutions in
21                                Functional Foods & Nutraceuticals
Diseases causing global deaths
                  global deaths by cause, 2005 (millions)

                         Diabetes


     Chronic respiratory diseases


                           Cancer


        Cardio vascular diseases


                           Malaria


                     Tuberculosis


                         HIV/AIDS


                                     0   2   4   6   8   10 12 14 16 18 20
                                                 Deaths (millions)   WHO 2005

                                                                          Knowledge-driven Solutions in
22                                                                     Functional Foods & Nutraceuticals
          Total deaths – 58 million
Diseases causing global deaths
                  global deaths by cause, 2005 (millions)

                                                                                    Chronic
                         Diabetes

                                                                                    diseases
     Chronic respiratory diseases


                           Cancer


        Cardio vascular diseases


                           Malaria


                     Tuberculosis


                         HIV/AIDS


                                     0   2   4   6   8   10 12 14 16 18 20
                                                 Deaths (millions)   WHO 2005

                                                                          Knowledge-driven Solutions in
23                                                                     Functional Foods & Nutraceuticals
          Total deaths – 58 million
Foregone income to deaths
by chronic diseases
                           Foregone income due to diseases (2005-15)

                     600
                     500
     US$ (billion)




                     400

                     300
                     200
                     100
                      0
                             Brazil   Canada   China   India   Russia   UK




                                                                                Knowledge-driven Solutions in
24                                                                           Functional Foods & Nutraceuticals
               WHO 2005
Drivers for functional foods &
 nutraceuticals
     Population demographics
     Rising obesity - the health
     condition/disease of the millennium
     Increased incidences of non-
     communicable, chronic diseases
     Unhealthy kids
     Consumer awareness of food-health
     relationships
                                     Knowledge-driven Solutions in
25                                Functional Foods & Nutraceuticals
Unhealthy kids
     US data
       High blood pressure – 3 fold increase in last 10 years
       Cholesterol – 10% of children with 200 mg/dL
       Metabolic syndrome – 1 million kids
       Overweight – 30% kids
     AHA recommendations –
       Begin monitoring blood pressure at age 3
       Begin monitoring cholesterol at age 8 if there is a
       family history

                                                Knowledge-driven Solutions in
      Sloan, 2006 (FT April 2006)
26                                           Functional Foods & Nutraceuticals
Australian data
     60% of adults and 25% of children are
     overweight or obese
     25% of adults have diabetes or impaired
     glucose metabolism
     3.7 million have heart diseases
     51% of adults have high cholesterol


                                     Knowledge-driven Solutions in
27                                Functional Foods & Nutraceuticals
Drivers for functional foods &
 nutraceuticals
     Population demographics
     Rising obesity - the health
     condition/disease of the millennium
     Increased incidences of non-
     communicable, chronic diseases
     Unhealthy kids
     Consumer awareness of food-health
     relationships
                                     Knowledge-driven Solutions in
28                                Functional Foods & Nutraceuticals
Consumer research – consumer would
use food to prevent disease/health
condition
 Disease/health condition   %
 Obesity                    76
 High cholesterol           67
 Blood sugar imbalance      67
 Heart disease              66
 Diabetes                   64
 Lack of energy             58
 Osteoporosis               48
 Vision problems            38
 Arthritis                  35      Knowledge-driven Solutions in
29   FFN Jan 2006                Functional Foods & Nutraceuticals
Australian consumer – top 5
 health concerns
     Cancer – 54%
     Tiredness – 48%
     Cardiovascular disease – 47%
     Stress – 43%
     Eye health – 41%


     Health Focus, 2006
                                   Knowledge-driven Solutions in
30                              Functional Foods & Nutraceuticals
Market intelligence – Australia &
 New Zealand
                                       AU                  NZ

 Population, million                   ~21.0               ~4.3
 Per capita GDP, US$                   ~37,300             ~27,200
 Retail food market, A$, billion       ~107                ~12.0
 Functional foods (without             ~1200               ~220
 health claims), A$, million
 Nutritional supplements, A$           ~2200               ~400?
 million
 Nutraceuticals A$, million            ~950                ~132
                                                    Knowledge-driven Solutions in
     Average/estimated from various sources
31                                               Functional Foods & Nutraceuticals
Market intelligence – Australia &
 New Zealand
     Key players – food industry
       Fonterra, Nestle, Goodman Fielder, Cadbury,
       National Foods, Coca Cola, Unilever, Mars
     Key players – nutritional supplements
     industry
       Blackmores Ltd, Healtheries, Thompson’s,



                                        Knowledge-driven Solutions in
32                                   Functional Foods & Nutraceuticals
Regulations – nutraceuticals
  Separate administration in AU and NZ
  Administered by Therapeutic Goods
  Administration (TGA) in Australia
  Nutraceuticals (Vitamins, minerals and
  nutritional supplements) come under
  Complementary Medicines and are regulated by
  TGA under the TGA Act 1989
  A complementary medicine is defined as a
  therapeutic good consisting wholly or principally
  of one or more designated active ingredients
  each of which has a clearly established identity
  and a traditional use                   Knowledge-driven Solutions in
33                                     Functional Foods & Nutraceuticals
Regulations – nutraceuticals
     Complementary Medicines
       Herbal Medicines              Ayurvedic

                                 Traditional Chinese
       Traditional Medicines
                                  Other Traditional
       Vitamins & Minerals

       Nutritional Supplements

       Homeopathic Medicines
                                            Knowledge-driven Solutions in
       Aromatherapy
34                                       Functional Foods & Nutraceuticals
Regulations – nutraceuticals
     Complementary medicines in Australia are not subject to
     the standards and guidelines of the Codex Alimentarius
     Commission
     The TGA maintains the Australian Register of
     Therapeutic Goods (ARTG)
     <http:://www.tga.gov.au/docs/html/artg.htm>, a database
     that includes details of all therapeutic goods that are
     imported into, supplied in, or exported from Australia. It
     is a legal requirement that, unless specifically exempt or
     excluded, all therapeutic goods are included on the
     ARTG prior to their supply. Therapeutic goods cannot be
     included on the ARTG unless an application is lodged by
     a sponsor for those goods.
                                                 Knowledge-driven Solutions in
35                                            Functional Foods & Nutraceuticals
Regulations - Functional Foods
     Food Standards Australia new Zealand (FSANZ)
       A joint body responsible for food regulations and
       health claims in Australia and New Zealand
     Currently allowed label claims
       Certain nutrient claims allowed, e.g. “this food is high
       in fibre”
       Currently, no health claims are allowed except a
       benefits claims on maternal consumption of folate
       and prevention of neural tube defect in a new-born

                                                 Knowledge-driven Solutions in
36                                            Functional Foods & Nutraceuticals
Regulations - Functional Food
 Health Claims
            Increasing degree of regulation

 General level claims                         High level
                                              claims
 Content claims         General level
                        health claims
 Absolute claims (e.g. Function claims Biomarker
 “low fat”)                            claims
 Comparative claims Enhanced function Risk reduction
 (e.g. “reduced fat”)                  claims
                       claims

                                                 Knowledge-driven Solutions in
37                                            Functional Foods & Nutraceuticals
Regulations - Functional Foods
     New regulations coming in effect
     Will see significant market opportunities
     for bioactive and nutraceutical ingredients
     in Australia and New Zealand
     Will see new opportunities for functional
     foods and beverages
     Opportunities for health claims

                                       Knowledge-driven Solutions in
38                                  Functional Foods & Nutraceuticals
Functional food challenges

Current



                                                                                        Market
              1                2                     3                      4
                                                                                        Success !!
          Regulatory   Benefits perceived   Consumer acceptability     Market
          approval     by consumers         of flavour and taste       competition


Future



                                                                        Knowledge-driven Solutions in
 39                                                                  Functional Foods & Nutraceuticals
Contact details
Physical address:
     1/29 Richards Road
     Hoppers Crossing, VIC 3029, AUSTRALIA
Postal address:
     PO Box 8018
     Tarneit, VIC 3029, AUSTRALIA
Email: ozscientific_info@ozscientific.com
Web : www.ozscientific.com
Phone: + 61 3 8360 8360
Fax: +61 3 83608360
                                               Knowledge-driven Solutions in
40                                          Functional Foods & Nutraceuticals

Contenu connexe

Similaire à OzScientific Presentation

Nutrition in health science
Nutrition in health scienceNutrition in health science
Nutrition in health scienceNestlé SA
 
From the design to validation of health claims. What about claims and food be...
From the design to validation of health claims. What about claims and food be...From the design to validation of health claims. What about claims and food be...
From the design to validation of health claims. What about claims and food be...comfoodforhealth
 
Brian interview with NuFoods
Brian interview with NuFoodsBrian interview with NuFoods
Brian interview with NuFoodsBrian Jones
 
Functional Foods: Their Role & Opportunities
Functional Foods:  Their Role & OpportunitiesFunctional Foods:  Their Role & Opportunities
Functional Foods: Their Role & Opportunitiessenaimais
 
Nestlé Health Science in the USA
Nestlé Health Science in the USANestlé Health Science in the USA
Nestlé Health Science in the USANestlé SA
 
BENEO - Company Presentation
BENEO - Company PresentationBENEO - Company Presentation
BENEO - Company PresentationBENEO GmbH
 
Klancher - Health Care Portfolio
Klancher - Health Care PortfolioKlancher - Health Care Portfolio
Klancher - Health Care PortfolioLisa Klancher
 
10 Best Companies in Nutraceutical Market 2022.pdf
10 Best Companies in Nutraceutical Market 2022.pdf10 Best Companies in Nutraceutical Market 2022.pdf
10 Best Companies in Nutraceutical Market 2022.pdfinsightscare
 
Anzh&F Flipchart
Anzh&F FlipchartAnzh&F Flipchart
Anzh&F Flipchartddanddan
 
General Environment Of Multinational Companies
General Environment Of  Multinational CompaniesGeneral Environment Of  Multinational Companies
General Environment Of Multinational CompaniesTariq Jan Soomro
 
Pfizer nutrition investor call
Pfizer nutrition investor callPfizer nutrition investor call
Pfizer nutrition investor callNestlé SA
 
Optimal Health Workshop
Optimal Health WorkshopOptimal Health Workshop
Optimal Health WorkshopJayesh Wala
 
Seven Reasons Why Health Professionals Choose Nutra Metrix
Seven Reasons Why Health Professionals Choose Nutra MetrixSeven Reasons Why Health Professionals Choose Nutra Metrix
Seven Reasons Why Health Professionals Choose Nutra Metrixdanren
 
10 reason why nutrilites
10 reason why nutrilites10 reason why nutrilites
10 reason why nutriliteshahachok
 
Alimentos Funcionales y Nutracéuticos
Alimentos Funcionales y NutracéuticosAlimentos Funcionales y Nutracéuticos
Alimentos Funcionales y Nutracéuticoscnicchile
 
Innovation in nutrition
Innovation in nutritionInnovation in nutrition
Innovation in nutritionUsama Malik
 

Similaire à OzScientific Presentation (20)

Nutrition in health science
Nutrition in health scienceNutrition in health science
Nutrition in health science
 
From the design to validation of health claims. What about claims and food be...
From the design to validation of health claims. What about claims and food be...From the design to validation of health claims. What about claims and food be...
From the design to validation of health claims. What about claims and food be...
 
Brian interview with NuFoods
Brian interview with NuFoodsBrian interview with NuFoods
Brian interview with NuFoods
 
Functional Foods: Their Role & Opportunities
Functional Foods:  Their Role & OpportunitiesFunctional Foods:  Their Role & Opportunities
Functional Foods: Their Role & Opportunities
 
Nestlé Health Science in the USA
Nestlé Health Science in the USANestlé Health Science in the USA
Nestlé Health Science in the USA
 
BENEO - Company Presentation
BENEO - Company PresentationBENEO - Company Presentation
BENEO - Company Presentation
 
DuPont Healthy Aging White Paper
DuPont Healthy Aging White PaperDuPont Healthy Aging White Paper
DuPont Healthy Aging White Paper
 
Nestle
NestleNestle
Nestle
 
Klancher - Health Care Portfolio
Klancher - Health Care PortfolioKlancher - Health Care Portfolio
Klancher - Health Care Portfolio
 
10 Best Companies in Nutraceutical Market 2022.pdf
10 Best Companies in Nutraceutical Market 2022.pdf10 Best Companies in Nutraceutical Market 2022.pdf
10 Best Companies in Nutraceutical Market 2022.pdf
 
Anzh&F Flipchart
Anzh&F FlipchartAnzh&F Flipchart
Anzh&F Flipchart
 
Nestel
NestelNestel
Nestel
 
General Environment Of Multinational Companies
General Environment Of  Multinational CompaniesGeneral Environment Of  Multinational Companies
General Environment Of Multinational Companies
 
My Assignment.pptx
My Assignment.pptxMy Assignment.pptx
My Assignment.pptx
 
Pfizer nutrition investor call
Pfizer nutrition investor callPfizer nutrition investor call
Pfizer nutrition investor call
 
Optimal Health Workshop
Optimal Health WorkshopOptimal Health Workshop
Optimal Health Workshop
 
Seven Reasons Why Health Professionals Choose Nutra Metrix
Seven Reasons Why Health Professionals Choose Nutra MetrixSeven Reasons Why Health Professionals Choose Nutra Metrix
Seven Reasons Why Health Professionals Choose Nutra Metrix
 
10 reason why nutrilites
10 reason why nutrilites10 reason why nutrilites
10 reason why nutrilites
 
Alimentos Funcionales y Nutracéuticos
Alimentos Funcionales y NutracéuticosAlimentos Funcionales y Nutracéuticos
Alimentos Funcionales y Nutracéuticos
 
Innovation in nutrition
Innovation in nutritionInnovation in nutrition
Innovation in nutrition
 

Plus de rocomara

Dairy Innovation Digest 186 March 2015
Dairy Innovation Digest  186 March 2015Dairy Innovation Digest  186 March 2015
Dairy Innovation Digest 186 March 2015rocomara
 
Functional Foods Weekly Vol 11 No 01
Functional Foods Weekly Vol 11 No 01Functional Foods Weekly Vol 11 No 01
Functional Foods Weekly Vol 11 No 01rocomara
 
Ranjan SharmaSensory Quality aspects of yogurt July 112013
Ranjan SharmaSensory Quality aspects of yogurt July 112013Ranjan SharmaSensory Quality aspects of yogurt July 112013
Ranjan SharmaSensory Quality aspects of yogurt July 112013rocomara
 
Australian Dairy Industry - Ranjan Sharma Jan 2015
Australian Dairy Industry - Ranjan Sharma Jan 2015Australian Dairy Industry - Ranjan Sharma Jan 2015
Australian Dairy Industry - Ranjan Sharma Jan 2015rocomara
 
Functional Foods Ranjan Sharma July22 2010
Functional Foods   Ranjan Sharma July22 2010Functional Foods   Ranjan Sharma July22 2010
Functional Foods Ranjan Sharma July22 2010rocomara
 
High Pressure Processing Summary June 2010 Dr Ranjan Sharma
High Pressure Processing Summary June 2010   Dr Ranjan SharmaHigh Pressure Processing Summary June 2010   Dr Ranjan Sharma
High Pressure Processing Summary June 2010 Dr Ranjan Sharmarocomara
 
Functional Foods Weekly Vol 5 No 03
Functional Foods Weekly Vol 5 No 03Functional Foods Weekly Vol 5 No 03
Functional Foods Weekly Vol 5 No 03rocomara
 
Functional Foods Weekly Vol 4 No 28
Functional Foods Weekly Vol 4 No 28Functional Foods Weekly Vol 4 No 28
Functional Foods Weekly Vol 4 No 28rocomara
 

Plus de rocomara (8)

Dairy Innovation Digest 186 March 2015
Dairy Innovation Digest  186 March 2015Dairy Innovation Digest  186 March 2015
Dairy Innovation Digest 186 March 2015
 
Functional Foods Weekly Vol 11 No 01
Functional Foods Weekly Vol 11 No 01Functional Foods Weekly Vol 11 No 01
Functional Foods Weekly Vol 11 No 01
 
Ranjan SharmaSensory Quality aspects of yogurt July 112013
Ranjan SharmaSensory Quality aspects of yogurt July 112013Ranjan SharmaSensory Quality aspects of yogurt July 112013
Ranjan SharmaSensory Quality aspects of yogurt July 112013
 
Australian Dairy Industry - Ranjan Sharma Jan 2015
Australian Dairy Industry - Ranjan Sharma Jan 2015Australian Dairy Industry - Ranjan Sharma Jan 2015
Australian Dairy Industry - Ranjan Sharma Jan 2015
 
Functional Foods Ranjan Sharma July22 2010
Functional Foods   Ranjan Sharma July22 2010Functional Foods   Ranjan Sharma July22 2010
Functional Foods Ranjan Sharma July22 2010
 
High Pressure Processing Summary June 2010 Dr Ranjan Sharma
High Pressure Processing Summary June 2010   Dr Ranjan SharmaHigh Pressure Processing Summary June 2010   Dr Ranjan Sharma
High Pressure Processing Summary June 2010 Dr Ranjan Sharma
 
Functional Foods Weekly Vol 5 No 03
Functional Foods Weekly Vol 5 No 03Functional Foods Weekly Vol 5 No 03
Functional Foods Weekly Vol 5 No 03
 
Functional Foods Weekly Vol 4 No 28
Functional Foods Weekly Vol 4 No 28Functional Foods Weekly Vol 4 No 28
Functional Foods Weekly Vol 4 No 28
 

Dernier

Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Dave Litwiller
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 

Dernier (20)

Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
VVVIP Call Girls In Greater Kailash ➡️ Delhi ➡️ 9999965857 🚀 No Advance 24HRS...
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 

OzScientific Presentation

  • 1. OzScientific® Pty Ltd Knowledge-driven Solutions in Functional Foods & Nutraceuticals 1
  • 2. Mission statement To provide knowledge-driven, cost- effective, customised solutions in Functional Foods and Nutraceuticals Knowledge-driven Solutions in 2 Functional Foods & Nutraceuticals
  • 3. OzScientific Pty Ltd Established in 2004 Proprietary Company registered under Australian Security and Investment Commission (ASIC) Started as an research, innovation and technical services company, recent expansion into marketing of bioactive and nutraceutical ingredient & functional foods Knowledge-driven Solutions in 3 Functional Foods & Nutraceuticals
  • 4. OzScientific facilities Sales and marketing office Warehouse Meeting/conference room Food/ingredient testing and product development lab Access to library & databases Knowledge-driven Solutions in 4 Functional Foods & Nutraceuticals
  • 5. Profile – Dr Ranjan Sharma Qualifications PhD (Food Sc) (1993 - New Zealand), MBA (2003 - Australia) Experience Over 20 years within food, dairy and nutraceutical industries in Australia, Denmark, New Zealand & India Knowledge-driven Solutions in 5 Functional Foods & Nutraceuticals
  • 6. Knowledge-driven solutions OzScientific Pty Ltd Functional Foods OzScientific® Weekly Innovations OzScientific Innovations NUFOZ® Weekly & Novel Functional foods & nutraceuticals Digest processing technologies Consumer products Ingredients Knowledge-driven Solutions in 6 Functional Foods & Nutraceuticals
  • 7. www.ozscientific.com OzScientific® Innovations Clients included Govt organisations and food companies Examples of projects carried out Product & ingredient innovation – e.g. ingredients and beverages with phytosterol, DHA (omega-3), beta glucan, hydrolysates, fruits and vegetables Food processing – e.g high pressure processing for fruits and bioactive ingredients, UHT sterilisation Market intelligence – e.g. market opportunities for grain and dairy-based bioactive ingredients; IP, regulatory, food safety (HACCP) and labelling knowledge Knowledge-driven Solutions in 7 Functional Foods & Nutraceuticals
  • 8. NUFOZ® www.nufoz.com Marketing of functional foods and nutraceuticals New business unit – strong business focus Focus on condition-specific ingredients & consumer products supported by documented research & knowledge Heart health Gut health Bone health Weight management Diabetes management Immune health Knowledge-driven Solutions in 8 Functional Foods & Nutraceuticals Etc
  • 9. NUFOZ® www.nufoz.com Expected to show strong growth Increased incidences of lifestyle-related diseases Increased consumer awareness of self health care and maintenance New health-claim regulations coming in effect in Australia and New Zealand Supplements market will grow rapidly from a small base Knowledge-driven Solutions in 9 Functional Foods & Nutraceuticals
  • 10. www.functionalfoods.com.au Functional Foods Weekly OzScientific® Weekly Digest - subscription-based, well-regarded weekly newsletter on functional foods and nutraceuticals Corporate & individual subscribers in North America, Europe, Australia and New Zealand Knowledge-driven Solutions in 10 Functional Foods & Nutraceuticals
  • 11. Drivers for functional foods & nutraceuticals Population demographics Rising obesity - the health condition/disease of the millennium Increased incidences of non- communicable, chronic diseases Unhealthy kids Consumer awareness of food-health relationships Knowledge-driven Solutions in 11 Functional Foods & Nutraceuticals
  • 12. Drivers for functional foods & nutraceuticals Population demographics Rising obesity - the health condition/disease of the millennium Increased incidences of non- communicable, chronic diseases Unhealthy kids Consumer awareness of food-health relationships Knowledge-driven Solutions in 12 Functional Foods & Nutraceuticals
  • 13. Population demographics Population demographics Ageing population Increasing life expectancy Increasing population of developing countries and shrinking/changing population of developed countries Growing affluence and increased affordability Knowledge-driven Solutions in 13 Functional Foods & Nutraceuticals
  • 14. Population trends - Australia Australia - population by age groups (2005) 14000000 12000000 2005 10000000 0-9 years 8000000 10-19 years 20-64 years 6000000 65+ years 4000000 2000000 0 Australia - population by age groups (2050) 14000000 2050 12000000 10000000 0-9 years 8000000 10-19 years 20-64 years 6000000 US Census Bureau 65+ years 4000000 2000000 Knowledge-driven Solutions in 0 14 Functional Foods & Nutraceuticals
  • 15. Understanding population demographics and recognising market opportunities Futures - 0-9 Years old Most looked after segment Wild card - 10-19 years Rapidly growing and fast changing habits Bulls - 20-64 years Financial pillars of society Bears - 65-100+ years Senior citizens Knowledge-driven Solutions in 15 Functional Foods & Nutraceuticals
  • 16. Life expectancy at birth Major area 2000-2005 2045-2050 World 65.4 75.1 More developed regions 75.6 82.1 Less developed regions 63.4 74.0 Least developed countries 51.0 66.5 Other less developed countries 66.1 76.3 Africa 49.1 65.4 Asia 67.3 77.2 Europe 73.7 80.6 Latin America & Caribbean 71.5 79.5 North America 77.6 82.7 Oceania 74.0 81.2 UN(2005) World Population Prospects The 2004 Revision, UN, New York Knowledge-driven Solutions in http://www.un.org/popin/data.html 16 Functional Foods & Nutraceuticals
  • 17. Drivers for functional foods & nutraceuticals Population demographics Rising obesity - the health condition/disease of the millennium Increased incidences of non- communicable, chronic diseases Unhealthy kids Consumer awareness of food-health relationships Knowledge-driven Solutions in 17 Functional Foods & Nutraceuticals
  • 18. Obesity a major factor in lifestyle diseases Diabetes 80% Cancer 40% of uterine cancer 25% of kidney cancer 10% of breast 10% of colon cancer Heart health 21% of heart diseases Knowledge-driven Solutions in 18 Functional Foods & Nutraceuticals
  • 19. Adult overweight projection Sex 2005 Country 2015 Australia Females 62.7 70 Australia Males 72.1 79 Canada Females 57.1 61.9 Canada Males 65.1 68.6 New Zealand Females 68.2 79.2 New Zealand Males 68.7 78.5 United Kingdom Females 61.9 65.7 United Kingdom Males 65.7 69.8 WHO, 2007 United States Females 72.6 80.2 United Knowledge-driven Solutions in States Males 75.6 84.5 19 Functional Foods & Nutraceuticals
  • 20. Adult obesity projection Sex 2005 Country 2015 Australia Females 24.9 33.5 Australia Males 23.8 33.3 Canada Females 23.2 28.2 Canada Males 23.7 27.4 New Zealand Females 31.5 48.1 New Zealand Males 23 35.2 United Kingdom Females 24.2 28.3 United Kingdom Males 21.6 25.8 United WHO, 2007 States Females 41.8 54.3 United Knowledge-driven Solutions in States Males 36.5 51.7 20 Functional Foods & Nutraceuticals
  • 21. Drivers for functional foods & nutraceuticals Population demographics Rising obesity - the health condition/disease of the millennium Increased incidences of non- communicable, chronic diseases Unhealthy kids Consumer awareness of food-health relationships Knowledge-driven Solutions in 21 Functional Foods & Nutraceuticals
  • 22. Diseases causing global deaths global deaths by cause, 2005 (millions) Diabetes Chronic respiratory diseases Cancer Cardio vascular diseases Malaria Tuberculosis HIV/AIDS 0 2 4 6 8 10 12 14 16 18 20 Deaths (millions) WHO 2005 Knowledge-driven Solutions in 22 Functional Foods & Nutraceuticals Total deaths – 58 million
  • 23. Diseases causing global deaths global deaths by cause, 2005 (millions) Chronic Diabetes diseases Chronic respiratory diseases Cancer Cardio vascular diseases Malaria Tuberculosis HIV/AIDS 0 2 4 6 8 10 12 14 16 18 20 Deaths (millions) WHO 2005 Knowledge-driven Solutions in 23 Functional Foods & Nutraceuticals Total deaths – 58 million
  • 24. Foregone income to deaths by chronic diseases Foregone income due to diseases (2005-15) 600 500 US$ (billion) 400 300 200 100 0 Brazil Canada China India Russia UK Knowledge-driven Solutions in 24 Functional Foods & Nutraceuticals WHO 2005
  • 25. Drivers for functional foods & nutraceuticals Population demographics Rising obesity - the health condition/disease of the millennium Increased incidences of non- communicable, chronic diseases Unhealthy kids Consumer awareness of food-health relationships Knowledge-driven Solutions in 25 Functional Foods & Nutraceuticals
  • 26. Unhealthy kids US data High blood pressure – 3 fold increase in last 10 years Cholesterol – 10% of children with 200 mg/dL Metabolic syndrome – 1 million kids Overweight – 30% kids AHA recommendations – Begin monitoring blood pressure at age 3 Begin monitoring cholesterol at age 8 if there is a family history Knowledge-driven Solutions in Sloan, 2006 (FT April 2006) 26 Functional Foods & Nutraceuticals
  • 27. Australian data 60% of adults and 25% of children are overweight or obese 25% of adults have diabetes or impaired glucose metabolism 3.7 million have heart diseases 51% of adults have high cholesterol Knowledge-driven Solutions in 27 Functional Foods & Nutraceuticals
  • 28. Drivers for functional foods & nutraceuticals Population demographics Rising obesity - the health condition/disease of the millennium Increased incidences of non- communicable, chronic diseases Unhealthy kids Consumer awareness of food-health relationships Knowledge-driven Solutions in 28 Functional Foods & Nutraceuticals
  • 29. Consumer research – consumer would use food to prevent disease/health condition Disease/health condition % Obesity 76 High cholesterol 67 Blood sugar imbalance 67 Heart disease 66 Diabetes 64 Lack of energy 58 Osteoporosis 48 Vision problems 38 Arthritis 35 Knowledge-driven Solutions in 29 FFN Jan 2006 Functional Foods & Nutraceuticals
  • 30. Australian consumer – top 5 health concerns Cancer – 54% Tiredness – 48% Cardiovascular disease – 47% Stress – 43% Eye health – 41% Health Focus, 2006 Knowledge-driven Solutions in 30 Functional Foods & Nutraceuticals
  • 31. Market intelligence – Australia & New Zealand AU NZ Population, million ~21.0 ~4.3 Per capita GDP, US$ ~37,300 ~27,200 Retail food market, A$, billion ~107 ~12.0 Functional foods (without ~1200 ~220 health claims), A$, million Nutritional supplements, A$ ~2200 ~400? million Nutraceuticals A$, million ~950 ~132 Knowledge-driven Solutions in Average/estimated from various sources 31 Functional Foods & Nutraceuticals
  • 32. Market intelligence – Australia & New Zealand Key players – food industry Fonterra, Nestle, Goodman Fielder, Cadbury, National Foods, Coca Cola, Unilever, Mars Key players – nutritional supplements industry Blackmores Ltd, Healtheries, Thompson’s, Knowledge-driven Solutions in 32 Functional Foods & Nutraceuticals
  • 33. Regulations – nutraceuticals Separate administration in AU and NZ Administered by Therapeutic Goods Administration (TGA) in Australia Nutraceuticals (Vitamins, minerals and nutritional supplements) come under Complementary Medicines and are regulated by TGA under the TGA Act 1989 A complementary medicine is defined as a therapeutic good consisting wholly or principally of one or more designated active ingredients each of which has a clearly established identity and a traditional use Knowledge-driven Solutions in 33 Functional Foods & Nutraceuticals
  • 34. Regulations – nutraceuticals Complementary Medicines Herbal Medicines Ayurvedic Traditional Chinese Traditional Medicines Other Traditional Vitamins & Minerals Nutritional Supplements Homeopathic Medicines Knowledge-driven Solutions in Aromatherapy 34 Functional Foods & Nutraceuticals
  • 35. Regulations – nutraceuticals Complementary medicines in Australia are not subject to the standards and guidelines of the Codex Alimentarius Commission The TGA maintains the Australian Register of Therapeutic Goods (ARTG) <http:://www.tga.gov.au/docs/html/artg.htm>, a database that includes details of all therapeutic goods that are imported into, supplied in, or exported from Australia. It is a legal requirement that, unless specifically exempt or excluded, all therapeutic goods are included on the ARTG prior to their supply. Therapeutic goods cannot be included on the ARTG unless an application is lodged by a sponsor for those goods. Knowledge-driven Solutions in 35 Functional Foods & Nutraceuticals
  • 36. Regulations - Functional Foods Food Standards Australia new Zealand (FSANZ) A joint body responsible for food regulations and health claims in Australia and New Zealand Currently allowed label claims Certain nutrient claims allowed, e.g. “this food is high in fibre” Currently, no health claims are allowed except a benefits claims on maternal consumption of folate and prevention of neural tube defect in a new-born Knowledge-driven Solutions in 36 Functional Foods & Nutraceuticals
  • 37. Regulations - Functional Food Health Claims Increasing degree of regulation General level claims High level claims Content claims General level health claims Absolute claims (e.g. Function claims Biomarker “low fat”) claims Comparative claims Enhanced function Risk reduction (e.g. “reduced fat”) claims claims Knowledge-driven Solutions in 37 Functional Foods & Nutraceuticals
  • 38. Regulations - Functional Foods New regulations coming in effect Will see significant market opportunities for bioactive and nutraceutical ingredients in Australia and New Zealand Will see new opportunities for functional foods and beverages Opportunities for health claims Knowledge-driven Solutions in 38 Functional Foods & Nutraceuticals
  • 39. Functional food challenges Current Market 1 2 3 4 Success !! Regulatory Benefits perceived Consumer acceptability Market approval by consumers of flavour and taste competition Future Knowledge-driven Solutions in 39 Functional Foods & Nutraceuticals
  • 40. Contact details Physical address: 1/29 Richards Road Hoppers Crossing, VIC 3029, AUSTRALIA Postal address: PO Box 8018 Tarneit, VIC 3029, AUSTRALIA Email: ozscientific_info@ozscientific.com Web : www.ozscientific.com Phone: + 61 3 8360 8360 Fax: +61 3 83608360 Knowledge-driven Solutions in 40 Functional Foods & Nutraceuticals