• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Nutraceuticals
    • Markets
    • Health
    • Jobs
    • Events
    • Buyers' Guide
    • Showcases
    • More
  • Magazine
  • News
  • Exclusives
  • Nutraceuticals
  • Markets
  • Health
  • Jobs
  • Events
  • Buyers' Guide
  • Showcases
  • Current & Past Issues
    Features
    Columns
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter
    Editorial Guidelines
    Top Features
    Nutraceuticals for Men: Muscle Health and Performance Nutrition

    Aging in Place: Healthy Lifestyles Supplement Science-Based Solutions

    Getting an Edge in Esports: Meeting the Health Needs of Competitive Gamers

    Beyond CBD: Cannabis Compounds Warrant Recognition and More Research

    Leveling Out the Energy Segment for Mainstream, and Rethinking Caffeine
    Breaking News
    Certifications, Approvals and Patents
    Exclusives
    Industry & Market News
    People
    Products
    Regulatory
    Research
    Supplier News
    Supplier Insights
    Live From Shows
    Top News
    Vitafoods Europe 2022 Attendance Returns to 2019 Level

    Beyond Raw Launches Concept X Pre-Workout Line

    Botanical Ingredient MorActive Evidenced to Relieve Back Discomfort

    Cargill’s Stevia Sustainability Program Benchmarked by FSA

    GOED Creates Infographic Highlighting Omega-3 Health Claims Approved in Europe
    Exclusives
    Blogs & Guest Articles
    Health E-Insights
    Area Code 420
    eBook
    Antioxidants
    Dairy-Based Ingredients
    Enzymes
    Fatty Acids
    Fiber & Carbohydrates
    Green Foods
    Herbs & Botanicals
    Marine Nutraceuticals
    Minerals
    Omega 3s
    Probiotics & Prebiotics
    Proteins, Peptides, Amino Acids
    Sweeteners
    Vitamins

    Botanical Ingredient MorActive Evidenced to Relieve Back Discomfort

    Cargill’s Stevia Sustainability Program Benchmarked by FSA

    GOED Creates Infographic Highlighting Omega-3 Health Claims Approved in Europe

    Kyowa Hakko Appoints Dr. Colin Hill to Immuse Scientific Advisory Board

    Choline Alone May Improve Maternal DHA Status During Pregnancy
    Consumer Trends
    Contract Manufacturing
    Cosmeceuticals / Nutricosmetics
    Delivery & Dosage Technologies
    Dietary Supplements
    Flavors & Colors
    Functional Foods & Beverages
    Healthcare Trends
    Medical Nutrition
    Mergers & Acquisitions
    Natural/Organic
    Nutrition Bars
    Packaging
    Pet Nutraceuticals
    Quality & Safety
    Regulations
    Research
    Testing
    World Markets

    Vitafoods Europe 2022 Attendance Returns to 2019 Level

    Beyond Raw Launches Concept X Pre-Workout Line

    Botanical Ingredient MorActive Evidenced to Relieve Back Discomfort

    Cargill’s Stevia Sustainability Program Benchmarked by FSA

    FDA Issues Draft Guidance on NDI Enforcement Discretion
    Bone & Joint Health
    Cancer Risk
    Cardiovascular Health
    Cognitive Function
    Diabetes & Blood Sugar Management
    Digestive Health
    Energy
    Eye Health
    Healthy Aging
    Immune Function
    Infant & Children's Health
    Inflammation
    Men's Health
    Mood Health & Sleep
    Oral Health
    Sexual & Reproductive Health
    Skin Health
    Sports Nutrition
    Weight Management/Weight Loss
    Women's Health

    Beyond Raw Launches Concept X Pre-Workout Line

    Botanical Ingredient MorActive Evidenced to Relieve Back Discomfort

    Kyowa Hakko Appoints Dr. Colin Hill to Immuse Scientific Advisory Board

    Expert Consensus Statement: Diet is Best Primary Intervention to Achieve Diabetes Remission

    Choline Alone May Improve Maternal DHA Status During Pregnancy
    Industry Events
    Live From Show Events
    Webinars
    All Companies
    Categories
    Trade Associations
    Company Capabilities
    International Buyers Guide Companies
    ESHA Research

    Gencor

    Sabinsa Corporation

    Botanic Healthcare LLC

    KLK OLEO
    Companies
    Product Releases
    News Releases
    Literature / Brochures
    White Papers
    Jobs
    VIdeos
    Services
    Add New Company
    International Buyers Guide Companies
    ESHA Research

    Gencor

    Sabinsa Corporation

    Botanic Healthcare LLC

    KLK OLEO
    • Magazine
      • Current / Back Issue
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers' Guide
      • All Companies
      • Categories
      • Trade Associations
      • Company Capabilities
    • Nutraceuticals
      • Antioxidants
      • Dairy-Based Ingredients
      • Enzymes
      • Fatty Acids
      • Fiber & Carbohydrates
      • Green Foods
      • Herbs & Botanicals
      • Marine Nutraceuticals
      • Minerals
      • Omega 3s
      • Probiotics & Prebiotics
      • Proteins, Peptides, Amino Acids
      • Sweeteners
      • Vitamins
    • Markets
      • Consumer Trends
      • Contract Manufacturing
      • Cosmeceuticals / Nutricosmetics
      • Delivery & Dosage Technologies
      • Dietary Supplements
      • Flavors & Colors
      • Functional Foods & Beverages
      • Healthcare Trends
      • Medical Nutrition
      • Mergers & Acquisitions
      • Natural/Organic
      • Nutrition Bars
      • Packaging
      • Pet Nutraceuticals
      • Quality & Safety
      • Regulations
      • Research
      • Testing
      • World Markets
    • Health
      • Bone & Joint Health
      • Cancer Risk
      • Cardiovascular Health
      • Cognitive Function
      • Diabetes & Blood Sugar Management
      • Digestive Health
      • Energy
      • Eye Health
      • Healthy Aging
      • Immune Function
      • Infant & Children's Health
      • Inflammation
      • Men's Health
      • Mood Health & Sleep
      • Oral Health
      • Sexual & Reproductive Health
      • Skin Health
      • Sports Nutrition
      • Weight Management/Weight Loss
      • Women's Health
    • Online Exclusives
    • Webinars
    • Slideshows
    • Blogs & Guest Articles
    • Health E-Insights
    • Videos
    • Podcasts
    • Infographics
    • eBook
    • Whitepapers
    • Research
      • TrendSense
      • Monograph Center
      • White Papers
      • Research News
    • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Supplier Showcases
      • Companies
      • Product Releases
      • News Releases
      • Literature / Brochures
      • White Papers
      • Jobs
      • VIdeos
      • Services
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Features

    2020 State of the Industry: High Expectations

    Second annual survey indicates strong degree of confidence for the future, but regulations, quality, and safety issues remain points of concern.

    2020 State of the Industry: High Expectations
    2020 State of the Industry: High Expectations
    2020 State of the Industry: High Expectations
    2020 State of the Industry: High Expectations
    2020 State of the Industry: High Expectations
    2020 State of the Industry: High Expectations
    2020 State of the Industry: High Expectations
    2020 State of the Industry: High Expectations
    Related CONTENT
    • Sunflower Hemp Co
    • State of the Industry: Healthy Yet Cloudy?
    • Vitafusion Enters CBD Market
    • CRN: FDA Misguides Consumers on CBD While Abdicating Regulatory Authority
    • FDA Sends Latest Round of Warning Letters on CBD & Cites Safety Concerns
    By Sean Moloughney, Editor12.04.19
    In October-November 2019, Nutraceuticals World conducted its 2nd annual audience survey to gauge perceptions about the state of the industry and issues affecting businesses. We received responses from 165 qualified industry members working at companies that either manufacture, market, or distribute finished nutraceutical products—such as dietary supplements, functional foods, or nutritional beverages—supply raw materials, or provide services directly related to these markets and products. The charts and graphics on the following pages depict results. 
     
    Most of the people that responded to this survey work with small businesses with less than 25 employees (51%), while another 21% work with large firms that employ more than 200 (Figure 1). Two-thirds market dietary supplements (68%), and another third supply nutritional ingredients (36%) (Figure 2). 
     


    Confidence & Concerns
    Confidence in the future of the nutraceuticals industry remains overwhelmingly high and steady compared to last year’s survey; 84% of respondents said they are “very” confident in the future, virtually unchanged from last year (Figure 3). Additionally, 57% said they are more confident about the industry now compared to the same time last year; 10% were less confident; and 33% said their confidence remained unchanged (Figure 4). 
     
    In terms of specific concerns, regulations remained the top response—cited by 57%—but this was down from 65% the year before. Concern about negative or misleading news was also down from 55% in 2018 to 49% this year. Quality (44%) and trade issues (33%) remained steady, while there was an uptick in those who cited concern about climate change (18% this year versus 10% last year). (See Figure 5.) 

     

    Future Expectations & Initiatives 
    Perhaps not surprisingly, most people believe hemp/CBD will be the market that sees the most success over the next 10 years (36%)—up from 26% last year—followed by personalized nutrition (18%), probiotics (17%), and healthy aging (16%) (Figure 6).
     
    In terms of innovations or efforts companies are most interested in implementing or planning to incorporate in their own business, clinical research (58%) was a top priority followed by delivery/dosage technologies and increased transparency (both 42%), and third-party testing/analysis (39%) (Figure 7).
     
    Plastic waste reduction saw the biggest increase from last year, up from 22% in 2018 to 33% this year. Blockchain also saw a slight uptick from 6% to 13%. 
     



    Unique Insights 
    Prompted to offer their own thoughts about the state of the nutraceuticals industry, responses suggested some mixed feelings about CBD, alongside an overall need for regulatory clarity in an evolving marketplace, more research to validate products, and a commitment to safety and quality. 
     
    As one person noted, “I feel like there have been huge steps taken over the last few years to assure high quality, well-researched products with efficacy testing; however, I feel like more is necessary to source quality raw materials that are consistent and then further researched in human clinical trials.”
     
    Another respondent suggested that while most companies are operating ethically and with the best interest of the consumer at heart, “There are still too many players though that are just out to make a buck and give the industry as a whole a bad reputation.”
     
    As expected, CBD was a common topic, and while many expressed excitement and optimism, others offered concern about a chaotic marketplace that’s gotten too far ahead of science and research. As one person put it, “The industry is presently facing a real challenge with CBD. If CBD’s benefits aren’t established, or worse safety issues are found, then the industry will be damaged.” 
    Related Searches
    • Nutraceutical
    • Nutrition
    • Testing
    • Delivery
    Related Knowledge Center
    • Probiotics & Prebiotics
    • Regulations
    • Herbs & Botanicals
    Suggested For You
    Sunflower Hemp Co Sunflower Hemp Co
    State of the Industry: Healthy Yet Cloudy? State of the Industry: Healthy Yet Cloudy?
    Vitafusion Enters CBD Market Vitafusion Enters CBD Market
    CRN: FDA Misguides Consumers on CBD While Abdicating Regulatory Authority CRN: FDA Misguides Consumers on CBD While Abdicating Regulatory Authority
    FDA Sends Latest Round of Warning Letters on CBD & Cites Safety Concerns FDA Sends Latest Round of Warning Letters on CBD & Cites Safety Concerns
    Federal Agencies Warn Company Marketing Unapproved CBD Products Federal Agencies Warn Company Marketing Unapproved CBD Products
    CBD in the Clinic: How Practitioners View Life After the Farm Bill CBD in the Clinic: How Practitioners View Life After the Farm Bill
    BGG’s Saw Palmetto Extract Shown to Reduce Urinary Issues BGG’s Saw Palmetto Extract Shown to Reduce Urinary Issues
    The CBD Craze: Still Only the Beginning The CBD Craze: Still Only the Beginning
    Cannovia: Clearing Up CBD Market Confusion Cannovia: Clearing Up CBD Market Confusion
    MitoCarn™ Sport MitoCarn™ Sport
    MitoCarn™ Heart MitoCarn™ Heart
    Omega-3 Calculator Designed to Establish Right Dose for Clinical Research Omega-3 Calculator Designed to Establish Right Dose for Clinical Research
    K. Patel Phyto Extractions Adopts Senna through ABC Herb Program K. Patel Phyto Extractions Adopts Senna through ABC Herb Program
    Area Code 420 Has Arrived Area Code 420 Has Arrived

    Related Content

    • Sunflower Hemp Co

      ...
      Colby Terip, Owner 09.15.21

    • Dietary Supplements | Herbs & Botanicals | Quality & Safety | Regulations | Testing
      State of the Industry: Healthy Yet Cloudy?

      State of the Industry: Healthy Yet Cloudy?

      By all accounts, the dietary supplement and nutritional product industry is vibrant, dynamic, and lucrative.
      By Sean Moloughney, Editor 12.04.19

    • Breaking News | Dietary Supplements | Herbs & Botanicals | Products
      Vitafusion Enters CBD Market

      Vitafusion Enters CBD Market

      Full spectrum hemp extract gummy supplements target sleep and relaxation.
      12.03.19


    • Breaking News | Herbs & Botanicals | Industry & Market News | Quality & Safety | Regulations | Regulatory News
      CRN: FDA Misguides Consumers on CBD While Abdicating Regulatory Authority

      CRN: FDA Misguides Consumers on CBD While Abdicating Regulatory Authority

      Agency should open the dietary supplement lane to CBD and enforce the laws and regulations for those products.
      11.27.19

    • Breaking News | Herbs & Botanicals | Industry & Market News | Quality & Safety | Regulations | Regulatory News
      FDA Sends Latest Round of Warning Letters on CBD & Cites Safety Concerns

      FDA Sends Latest Round of Warning Letters on CBD & Cites Safety Concerns

      Agency notes data gaps about CBD toxicity and concerns about potential harm.
      11.26.19

      Trending
      • Oregon Files Lawsuit Against GNC | Nutraceuticals World
      • Vitamin K2 Status May Impact Blood Pressure And Pulse Wave Velocity | Nutraceuticals World
      • Pycnogenol Evidenced To Have Skin Benefits In Dermatology Study | Nutraceuticals World
      • Vitamin K2 Status May Impact Blood Pressure and Pulse Wave Velocity
      • First Day Life Shuts Down Children's Behavioral, Cognitive Health Claims Following Challenge | Nutraceuticals World
      Breaking News
      • Vitafoods Europe 2022 Attendance Returns to 2019 Level
      • Beyond Raw Launches Concept X Pre-Workout Line
      • Botanical Ingredient MorActive Evidenced to Relieve Back Discomfort
      • Cargill’s Stevia Sustainability Program Benchmarked by FSA
      • GOED Creates Infographic Highlighting Omega-3 Health Claims Approved in Europe
      View Breaking News >
      CURRENT ISSUE

      May 2022

      • Aging in Place: Lifestyle Supplements Science-Based Solutions
      • Getting an Edge in Esports: Meeting Health & Nutrition Needs
      • Nutraceuticals for Men: Muscle Health and Performance Nutrition

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      Vitafoods Europe 2022 Attendance Returns to 2019 Level
      Beyond Raw Launches Concept X Pre-Workout Line
      Botanical Ingredient MorActive Evidenced to Relieve Back Discomfort
      Coatings World

      Latest Breaking News From Coatings World

      PPG’s Diane Kappas Recognized as ‘Woman of Influence’ by Pittsburgh Business Times
      BEHR Launches COPPER FORCE Interior Paint
      A New Kind of Primer: Demand for Interior and Exterior Paint Experts Remains High, J.D. Power Finds
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      I-VASC Raises 1.8M Euros in Series A Funding
      Endotronix Shares Positive SIRONA 2 Heart Failure Trial Data
      FDA Clears Truvic's Prodigy Thrombectomy System
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Thermo Fisher, Qatar Genome Program Partner to Advance Precision Medicine
      CPC Launches AseptiQuik Genderless Connector
      Aptamer Group and PinotBio Extend Collaboration Agreement
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      L’Oréal USA Names Han Wen as Chief Digital & Marketing Officer
      NPD Group Reports on Rising E-commerce Sales in China for Prestige Beauty
      Noon Aesthetics Celebrates Ten Years with New Skincare Products
      Happi

      Latest Breaking News From Happi

      Gabriel Letizia Jr. Sentenced to 60 Months in Prison for Falsifying Sunscreen Test Results
      Coptis Appoints Marie Renee Thadal Vice President of Sales and Operations
      Han Wen Appointed L’Oréal’s New Chief Digital, Marketing Officer
      Ink World

      Latest Breaking News From Ink World

      Weekly Recap: Zeller+Gmelin, Sun Chemical and Kornit Top This Week’s News
      Nazdar Celebrates 100 Years with a New Look
      hubergroup Chemicals Exhibits at Paint India for First Time
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Avery Dennison announces Core Series Portfolio Tape Selector App
      HP Indigo reaches 2,000th active install milestone
      Brook + Whittle's new acquisition, SunDance goes to HP and more
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      Ahlstrom-Munksjö Announces Reorganization of Decor Business Ownership
      Jones Names COO
      Ontex Conducts Pilot Program of Digital Incontinence Care Solution
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      Tom Hedman Named Senior Principal Scientist at Spinal Simplicity
      ODT's Most Read Stories This Week—May 21
      FDA Clears Anika Therapeutics' X-Twist Knotless Fixation System
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Weekly Recap: Graphene Flagship, Japan Display and LG Display Top This Week’s Stories
      Evonik Launches New Processing Aids for PV Wafer Cutting
      NREL Creates Highest Efficiency 1-Sun Solar Cell

      Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login