Posts tagged "manuka honey"

Manuka Honey: Buzz builds for New Zealand superfood

[2 February/Food Navigator USA] The unique health benefits of Manuka honey are starting to make a mark in the US market with the market leader, Wedderspoon, reporting record sales across all retail channels in 2017.  Wedderspoon has calculated that its products accounted for 73% of the combined growth in the Manuka category across conventional grocery,...

MPI’s definition of Manuka honey changed on eve of legal challenge from beekeepers

[29 January/Stuff Business] The Ministry for Primary Industries has backed down on its proposed definition for Manuka honey as beekeepers claimed the proposals could cost the industry $100 million a year in exports.  NZ Beekeeping was due to challenge the proposed definition in the High Court this week but MPI have moved in advance of...

Ngai Tahu’s Watson & Son confident on comeback after $20 million loss

[16 November/National Business Review] Manuka honey firm Watson & Son reported a $20 million loss for the year ended 30 June 2017, after making a $4.6 million profit the previous year. This contributed to a $9 million deficit for parent Ngai Tahu Capital, owned by Ngai Tahu Holdings. Ngai Tahu Holdings Chief Executive Mike Sang...

Comvita beats earnings guidance, upbeat about FY18

[22 August/The Country] Natural health products company, Comvita, saw its shares jump 10% after it beat full year guidance and said it expects to return to profit in the current financial year. The company which uses Manuka honey a core ingredient, reported an after tax operating loss of $5.5 million for the year to June...

Those trying to define what makes NZ’s manuka honey special struggle to agree

[4 August/ Stuff] Comvita has proposed a manuka honey definition, as the bee industry attempts to develop a standard to ensure the product is not fraudulent. The Ministry for Primary Industries is creating a definition among competing industry claims over the best method to determine real honey. This comes after claims that consumers are being...

New manuka honey labelling standards coming

[12 September/ Business Day] New labelling standards for manuka honey are being planned by the Government. The $120 million honey-export industry came under scrutiny last month after a false-advertising scandal in Britain. Options for accurate ways to market and brand New Zealand manuka honey are being analysed and the Ministry for Primary Industries has released...

New manuka honey labelling standards coming

 [12 September/ Business Day] New labelling standards for manuka honey are being planned by the Government. The $120 million honey-export industry came under scrutiny last month after a false-advertising scandal in Britain. Options for accurate ways to market and brand New Zealand manuka honey are being analysed and the Ministry for Primary Industries has released...