Supplement industry news and updates – December 2023

Inside the Bottle brings you the latest supplement industry news in this monthly roundup If you are having trouble reading this email, read the online version

Fastest growing international market: Mexico – article The country’s supplement sales will grow 10.8% this year—compared to 2.6% growth for U.S. sales, according to the new Global Supplement Business Report. Mexican middle class expansion and income growth are expected to keep the country amid top-performing markets in 2024, too. Learn more about international opportunities here. AI can give manufacturers an edge in global safety and compliance – article A new safety and regulatory compliance platform combines artificial intelligence (AI) and human expertise, helping companies bring safer, sustainable and compliant products to market at speed. Learn more here. 6 SupplySide West ingredient trends – article Innovation on the Vegas show floor will drive finished product sales trends. Women’s health ingredients with benefits beyond menopause and ingredients featuring “nature’s Ozempic,” berberine, stood out, including one company’s time-release version. Brain-boosting ingredients sparked synapses across the show with exciting potential for both aging—and younger—consumers. Read more here. Get products on shelves more effectively by understanding retailer standards – report If you’re a brand trying to convince retailers that your supplement products are the right ones to carry, one way to successfully make that case is to draw a clear line between your products and the retailer’s standards. Dig in by accessing this report from SPINS to learn more about retailer standards and how they serve as criteria for selecting (and rejecting) products carried in their store. Read more here. FDA facility inspections back up to normal – article After a big drop in audits during the pandemic, the Food and Drug Administration performed about 500 inspections of dietary supplement facilities in FY2023. The agency inspects about 500 to 600 facilities—5% of known operations—annually. During the height of the pandemic in 2020, however, inspections dropped 52%. Read more here. Product listing’s a priority, says FDA (again) – article The Food and Drug Administration further emphasized its support of a legislative proposal requiring a listing of dietary supplement products and the ingredients in them during a conference hosted by the American Herbal Products Association. Find out why the industry is split on the proposed legislation here. Who will fight New York’s new weight-loss supplements law? – article The industry is concerned about the legislation, which will restrict minors’ access to supplements marketed for weight loss and muscle building. It’s the first bill that imposes age limits on the sale of dietary supplement products, including creatine, that have been sold lawfully in interstate commerce for decades. Learn why many oppose it, but no one’s lining up to take it to court here. Inside the Bottle unites companies from across the supplement supply chain to advocate for a transparent, collaborative supplement industry that supports consumer health empowerment. #InsidetheBottle PAID CONTENT Meet our Inside the Bottle partners Produced by By Informa Markets This email was sent to you by the Informa Markets Division of Informa PLC (Privacy Policy). Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726. If you do not wish to receive further information from us, please click here. Alternatively, to contact our data services team to have your details or preferences updated please email [email protected].