Supplement industry news and updates – October 2024

Omega-3 raw material supply rebounding — article

El Niño devastated the Peruvian anchovy fishery last year and squeezed the omega-3 market. The latest fishery reports and data show a much-welcomed return of the tiny fish. Find out why the anchovy left the fisheries, why they’re back and how the market continued growing through severe supply constraints here.

Mood and brain health amid fastest-growing condition categories — research

Healthy aging tops the list, but cognitive and mental health were the next-fastest growing condition categories in supplements in 2023, according to Nutrition Business Journal’s (NBJ) 2024 Condition Specific Report. NBJ analysts forecast even better growth, and appeal across age groups, for 2024. Get the details here.

What is the impact of GLP-1 meds on the natural products industry? — webinar

Revolutionizing weight management, these drugs have created major upheaval in the market — and health and product consumption. Gain insight from SPINS and leading product experts about how the phenomenon is driving shifts across various categories. Hosted by SPINS. Learn more and register here.

FDA pilot kratom study finds botanical ‘well tolerated’ — research

Preliminary USDA data assessing the abuse potential of kratom suggests the botanical — at least in leaf form — is well tolerated. Release of the research “provides the opportunity for the FDA to reset its long-standing war on kratom,” said Mac Haddow, senior fellow on public policy with the American Kratom Association (AKA). Read more here.

New to the dietary supplement industry? — education

The SupplySide Fresh Supplements program is a new online program providing educational content plus virtual and in-person networking opportunities for new people — or people in new roles — in the nutrition industry. SupplySide Fresh provides essential information for supply chain professionals, brands and merchants alike to help them make smart business decisions, integrate into the industry community and avoid costly development and regulatory errors. Learn more here.

‘A power grab’: NPA reacts to Wyden’s hemp bill — article 

Natural Products Association leaders said a U.S. bill proposing a new cannabis regulatory structure would benefit tobacco companies — and weaken DSHEA, setting a dangerous precedent. The law, proposed by Sen. Ron Wyden, D-Ore., would set up a separate regulatory structure for hemp products through a new “cannabinoids center” at FDA. Read more here.

Why conveying supplement science effectively is just as important as the science — video 

Consumer understanding of the research that goes into supplements is key to gaining trust and loyalty, says Murray Clark, D.N.M., founder and president of ChildLife Essentials. One way is to talk about scientific standards, research commitments and testing, testing and more testing. Learn about more best practices in this quick video from Inside the Bottle here.