Jan 9 2012
Neutra Corp. (OTCBB: NTRR), an emerging nutraceuticals provider, announced today that the company is close to finalizing the formula for its new all-natural weight-loss supplement.
"We're very pleased with our progress in the formulation phase, and we expect to engage a supplier and begin trial testing of an exciting new weight-loss product very soon," said NTRR CEO Cindy Morrissey.
NTRR is working to make a splash in the global nutraceuticals market at a time when the industry is poised for incredible growth. According to MarketResearch.com, the global nutraceuticals market was worth an estimated $151 billion last year and could reach as high as $207 billion by 2016.
"In the mind of the consumer, natural is simply better," Morrissey said. "Nutraceuticals are more and more becoming part of people's basic healthcare around the world. Nutraceutical products like the ones we're working to produce have been knocking hard on the door of the mainstream market for years now. 2012 could be the year they cross that threshold."