For Immediate Release
Contact: Contact: Nicola Ferrell
New Hope Natural Media
Eleventh Annual NBJ Summit provides perfect platform for idea exchange amongst executives in the $93 billion nutrition industry.
Dana Point, CA. (August 1, 2008) — Over two hundred and fifty of the nutrition industry's key executives and thought-leaders participated in the exclusive NBJ Summit (www.nbjsummit.com) networking retreat held at the majestic St. Regis Resort, July 23-25. The event showcased many world-class speakers and sessions and attracted top executives from around the world, to discuss issues impacting businesses in the $93 billion nutrition industry and how to prepare their companies for changes happening in this dynamic marketplace. The intimate gathering was produced by New Hope Natural Media, a division of Penton Media, and Nutrition Business Journal.
"I'm not sure this year's NBJ Summit could have gone any better." said Patrick Rea, publisher and editorial director of Nutrition Business Journal. "We had more CEO and executive-level attendees than we've ever had before and it showed. The NBJ Summit brimmed with nutrition industry decision-makers allowing unparalleled networking possibilities."
Keynote Walter Robb, Co-President and COO of Whole Foods Market, provided closing remarks on the future of the industry from his leadership position in the billion nutrition and natural products marketplace. He commented on the supplement and functional foods segment and its future direction within Whole Foods Market, retail and the industry in general.
The U.S. nutrition industry grew 10.7 percent in 2007 to $93 billion according to the recently released 2008 Nutrition Industry Overview issue of Nutrition Business Journal (www.nutritionbusinessjournal.com). Natural and organic product sales fueled most of this expansion, but the maturing U.S. supplements sector posted better growth than it has seen in a decade.
New Hope Natural Media (www.newhope.com), a division of the Penton Media, Inc., is the leading media resource and information provider for the natural, organic and healthy products industry with print, in-person/event, and e-business products and services. Penton Media, Inc. is the largest independent business-to-business media company in the U.S., serving more than six million business professionals every month. The company's market-leading brands are focused on 30 industries and include 113 trade magazines, 145 Web sites, 150 industry trade shows and conferences, and more than 500 information data products. Headquartered in New York City, the privately held company is owned by MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP, and its coinvestors. For additional information on the company and its businesses, visit www.penton.com.
Nutrition Business Journal (www.nutritionbusinessjournal.com) is an executive newsletter for decision-makers in the natural, nutrition and complementary & alternative health industries. The singular focus of NBJ's research and editorial team to the strategic issues of the nutrition industry has made NBJ the leading business intelligence resource for subscribers since 1996.