Supplement industry news and updates – August 2022

The U.S. Preventive Services Task Force (USPSTF) issued new guidance in the Journal of the American Medical Association saying it found “insufficient evidence” taking multivitamins, paired supplements or single supplements can help prevent cardiovascular disease and cancer in otherwise healthy adults. Read industry leaders’ responses here and here

Learn why industry veterans believe we’re already in a downturn, and how manufacturers can handle consumers’ reduced discretionary income, supply chain challenges and other macroeconomic forces—and why the industry has been traditionally resilient during economic downturns. Read more here.

Find out from NBJ’s lead analyst how COVID variants, China’s not-so-sharp sales spike and the vitamins and minerals category shaped worldwide sales growth and how it compares to pre-pandemic growth rates here. Find more in-depth business analysis like this in Nutrition Business Journal. Read more here.

Probiotic sales soar with increasing consumer awareness. More people than ever are making the connection between gut health and overall wellness. Check out what the latest Inside the Bottle Trend Spotlight reveals about microbiome supplement buying patterns and how analysts predict the market could change after a year that experienced 18% growth in probiotics. Read more here.

The new legislation, which contains no “dietary supplement” provisions, may have massive implications for manufacturers and distributors of dietary supplements. Get the details on Sen. Richard Burr (R-N-C)’s bill and reactions from other lawmakers and the Natural Products Association, the American Herbal Products Association and the Council for Responsible Nutrition here. Read more here.

Which are keeping you up at night? From Amazon to the FDA, there’s no shortage of issues complicating the industry. See how they reach across borders and baskets and find out which may hold silver linings of possibility for the future? View here.

 

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