06.06.23
Nektium has announced three new global distribution partnerships for its branded botanical extracts. The Spain-based company’s portfolio of botanical ingredients includes the Rhodiola rosea extract Rhodiolife and the patented mango leaf extract Zynamite.
The company has now confirmed two distribution agreements in Europe and one in Japan as part of its long-term strategy to grow international sales.
Food ingredient and nutraceutical distribution specialist Deimos will distribute Nektium’s portfolio in Italy, the largest European market for nutraceuticals in terms of spending per capita, and San Marino, Nektium reports.
Nektium has also formalized its existing 10-year partnership with French plant extract specialist Becarre Natural, which will now be the exclusive distributor of its products throughout France, Belgium, and Luxemburg.
In addition, supplement specialist Ryusendo has signed a Japanese distribution agreement for Rhodiolife, which it launched at ifia/HFE Japan in May. Ryusendo will conduct proprietary work and may conduct its own scientific research into the benefits of Rhodiolife.
“Over the last two decades, we have built a robust network of trusted commercial partners and strategic allies based on shared values and business ethics,” Bruno Berheide, commercial and partnerships director at Nektium, said. “We are therefore delighted to be strengthening our international presence through our new distribution deals with Deimos, Becarre Natural, and Ryusendo. Their considerable market knowledge and technical and regulatory expertise will enable us to reach new customers and drive sales over a wider range of territories.”
The deals follow Nektium’s recent expansion beyond the dietary supplement and nutraceutical categories and into the more mainstream food and beverage sector. This means its ingredients can now be used in a wide range of applications, including sports and energy drinks, dairy products, gummies, and cereal bars.
The company has now confirmed two distribution agreements in Europe and one in Japan as part of its long-term strategy to grow international sales.
Food ingredient and nutraceutical distribution specialist Deimos will distribute Nektium’s portfolio in Italy, the largest European market for nutraceuticals in terms of spending per capita, and San Marino, Nektium reports.
Nektium has also formalized its existing 10-year partnership with French plant extract specialist Becarre Natural, which will now be the exclusive distributor of its products throughout France, Belgium, and Luxemburg.
In addition, supplement specialist Ryusendo has signed a Japanese distribution agreement for Rhodiolife, which it launched at ifia/HFE Japan in May. Ryusendo will conduct proprietary work and may conduct its own scientific research into the benefits of Rhodiolife.
“Over the last two decades, we have built a robust network of trusted commercial partners and strategic allies based on shared values and business ethics,” Bruno Berheide, commercial and partnerships director at Nektium, said. “We are therefore delighted to be strengthening our international presence through our new distribution deals with Deimos, Becarre Natural, and Ryusendo. Their considerable market knowledge and technical and regulatory expertise will enable us to reach new customers and drive sales over a wider range of territories.”
The deals follow Nektium’s recent expansion beyond the dietary supplement and nutraceutical categories and into the more mainstream food and beverage sector. This means its ingredients can now be used in a wide range of applications, including sports and energy drinks, dairy products, gummies, and cereal bars.