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Supplement industry news and updates – November 2020

Supplement industry news and updates – November 2020
Inside the Bottle brings you the latest supplement industry news in this monthly roundup.

 

5 takeaways from the election that could affect the supplements industry

Election day 2020 allowed constituencies of all stripes to weigh in on representatives all the way to the White House. The dust has not quite settled, but here are five things that industry political watchers saw during a webinar produced by the American Herbal Products Association on Tuesday, Nov. 10. Read more at New Hope Network. 

Global supplement sales pass $150B in 2020

Supplement sales across the world are expected to pass the notable $150 billion benchmark this year, with record 9.5% growth, thanks in large part to the global effects of the coronavirus pandemic. In fact, 2020 marks the first year of Nutrition Business Journal’s tracking of global markets that no countries or regions experienced a decline in sales. What does this mean of rthe future of the industry? Read more at New Hope Network.

Conscious botanicals for cognitive health

Natural ingredients have become a preferred option for consumers that seek alternatives that may carry less risk and side effects, and it is evident why “nootropics” as a category has become an increasingly trending topic. Learn about some of the top nootropics that come from the plant kingdom. Read more at Natural Products Insider.

Supporting diversity in the nutrition industry

Across the natural products industry, a consumer-driven shift has occurred toward greater transparency, sustainability and inclusivity. When it comes to diversity, the industry could do better. It has a responsibility to educate and ensure that nutraceuticals reach all diverse communities. The best way to do so is to start within. Read more at Natural Products Insider.

Powerful partnerships: Transparent ingredient journeys field to shelf – eGuide

Inside the Bottle partner Sabinsa shares the journey of three ingredients from source to shelf. Hear firsthand about production challenges faced by several brands, and the unique solutions for overcoming these hurdles that could only be discovered and executed with the help of a powerful supply chain partnership. Read more at Natural Product Insider.