More M&A for nutriceuticals

Speaking at the Nutracon Europe conference in London, Taylor said the companies experiencing the greatest growth in share value in the field of nutrisciences in recent years were US-based Hansen's Natural, Lifeway and Gaiam. Fourth on the list was China's Aobo, based in Shenzhen.

"The next four quarters will continue to be marked by larger companies retooling their portfolios through a succession of focused transactions," he said. "Organic and better-for-the-environment products will be increasingly sought after. Wellness and lifestyle services will be seen as adjacent and desirable businesses."

Intra-sector consolidation and rationalisation would intensify, he added. He urged food, beverage and cosmetics firms to seek partnerships with pharma and biotech companies.

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