BOULDER, Colo., April 5, 2016 /PRNewswire/ -- The Nutrition Business Journal (NBJ) today announced this year's winners of its Business Achievement Awards, recognizing both the fastest growing companies in the industry as well as the ones that are going the farthest to make sustainability, innovation and philanthropy key to their mission. Recipients will be honored during the 19th annual NBJ Summit, to be held June 13-16 in Dana Point, California.
NBJ is the premier publication for the nutrition, natural, organic, dietary supplement and integrative medicine industries. Each year, the publication recognizes the industry's most notable business leaders in its annual Business Achievement Awards issue.
"Our industry is growing and evolving at lightning speed, and we want to spotlight the businesses at the vanguard," said NBJ Editor in Chief Rick Polito. "That could mean a company as big as NOW Foods, or a smaller one like Togo's national pride, Alaffia. We are, after all, an industry that puts a premium on integrity, and we like to showcase the people who are setting that bar high."
Here are this year's winners, and a short description of each:
Growth: Large Company (Over $50 million in annual sales)
With rigorous, high-tech ingredient testing and demanding supply chain validation, NOW Foods is setting the standard for finished product in the supplement space. The company has been able to do this in the value brand space while growing in double digits—this might be a sign that quality measures garner consumer attention.
Growth: Medium Company ($10 to $50 million)
A college dropout working with his dad's recipe has created a disruptor in the nutrition bar category with a refrigerated product that speaks freshness with healthy ingredients. Growth is strong as the company emerges into club and mass channels.
Growth: Small Company (Under $10 million)
BioTerra uses attention-grabbing packaging aimed at consumers in the mass-market stores where staff expertise in supplements is not readily available. Their innovative approach got them into Walmart in the first year and the products can now be found in more than 2,000 retailers. The company also takes strict quality control issues to ensure purity and proper dosage.
Supply Chain Transparency
PLT Health Solutions
A transparency program that focuses on every step in the product development cycle sets PLT Health Solutions apart. Products have to be responsibly formulated, sustainably grown and purchased with respect culture and people of the country of origin.
Efforts on Behalf of the Industry
The Council for Responsible Nutrition
The past year has been a troubling one for supplements, with negative headlines taking the industry to task, but emerging from those challenges have come new proposals. The voluntary product registry that the Council for Responsible Nutrition is bringing to fruition is a bold, noteworthy and timely effort.
Practitioners put their professional reputations on the line with every product they sell or promote. Emerson Ecologics gives them confidence by qualifying the brands they sell with rigorous testing. The company also engages politically at the state and federal level.
Science and Innovation
With dozens of published papers and affiliations with universities that include Harvard and Stanford as well as the Cleveland Clinic, Atrium Innovations is helping their family of brands grow with innovative products and science-based claims.
Co-author of The Encyclopedia of Natural Medicine, Murray has had tremendous influence on naturopaths and interested consumers. With 30 other books, a prominent online profile and numerous interviews in print, and on TV and radio, Murray has become a voice for the role of nutrition in health.
Alter Eco was built on a 100% fair trade model but that was just a start for a company continues to refine their practices with true sustainability as their guide. Their new backyard-compostable pouch is seen as a major advancement in packaging.
Mission and Philanthropy
Targeted through the eyes and instincts of a Togo native, the company has adapted the business model to provide the most benefit to the people of Togo, with employment, school construction, a bike donation program and medical assistance for healthy births.
NBJ Business Achievement Awards recipients will be honored at the NBJ Summit, where the recipient of the 2016 Lifetime Achievement award will also be revealed. Advance registration is critical as NBJ Summit sells out each year (www.nbjsummit.com). Click here to read profiles of all the winners.
About Nutrition Business Journal
Nutrition Business Journal (NBJ) is a leading research, publishing and consulting firm serving the nutrition, natural products and integrative healthcare industries. NBJ delivers industry intelligence via a monthly journal, detailed market research reports, data charts, consulting services and an annual invite-only executive leadership conference, The NBJ Summit.
About New Hope Network
New Hope Network is at the forefront of the healthy lifestyle products industry. With solutions for the complete supply chain from manufacturers, retailers/distributors, service providers and ingredient suppliers, the network offers a robust portfolio of content, events, data, research and consultative services. Through its mission to grow healthy markets, New Hope Network helps businesses identify the people, products, partnerships and trends that create opportunities to grow businesses and bring more health to people. For more information visit www.newhope.com.
Nutrition Business Journal
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