Press
Ingredients Insight – Japan-based Itochu invests in ingredients maker Maypro Group
Published: October 28, 2024
Maypro Group, a nutraceutical ingredients company, has received a strategic 25% investment from Japan-based Itochu Corporation. This partnership aims to expand Maypro’s presence in the US and high-growth markets in Asia and South America. Through its subsidiaries, Maypro offers clinically validated ingredients like glucosamine, CoEnzyme Q10, and AHCC to both B2B and B2C markets. Itochu will leverage its global distribution network, including its Family Mart chain, to expand Maypro’s market reach. Both companies will focus on developing innovative health solutions to meet evolving consumer needs, especially in aging populations and health-conscious markets.
