Nutraceuticals - why are they so popular in the United States?

1,169 views

Published on

Nutraceuticals are growing in their popularity. What are they and what are the reasons driving their growth?

Published in: Health & Medicine, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,169
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
79
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Nutraceuticals - why are they so popular in the United States?

  1. 1. * Understanding what Nutraceuticals are and what’s behind their growth
  2. 2. * Stephen DeFelice, MD, created the word nutraceutical by combining nutrition and pharmaceutical’ *
  3. 3. * Refers to a food – or part of a food – that is deemed to offer health and medical benefits* Includes treatment and prevention of illnesses* Includes dietary supplements, isolated nutrients, genetically engineered designer foods, processed foods, herbal products, etc. *
  4. 4. * Expanded by Health Canada to also refer to a product derived from food but sold as medicine for physiological benefits or as protection from chronic diseases *
  5. 5. * The rising costs of medical treatment* Consumer demands are changing * want better preventive therapies for chronic diseases, more individualized medical care, and helpful solutions to address the effects of aging* The increased interest in healthy living contributes to growing desire for preventive therapies and natural cures *
  6. 6. * $86 billion estimated value of nutraceutical industry in the United States* Industry is even bigger in Europe and Japan *
  7. 7. * Most people believe nutraceuticals offer benefits on a par with those provided by pharmaceutical drugs but without the side effects *
  8. 8. * Benefit claims such as cartilage and joint health, improved cholesterol levels, healthy lung functions, relief from absentmindedness, and reduction in stress. *
  9. 9. * Dietary supplements with botanicals include minerals, vitamins, carnitine, co-enzyme Q and ginseng, among numerous others* Functional foods include bran, oats, lignin and psyllium. Additionally, there are the probiotics, omega-3 acids, medicinal foods and genetically engineered foods. *
  10. 10. * Medical experts and regulatory authorities are concerned that certified nutraceuticals are still rare in the market* Most raw materials used for the manufacture of nutraceuticals are imported and therefore offer no quality control* Not much data available on how the herbal and botanical ingredients – that go into the manufacture of nutraceuticals – are produced* Nutraceuticals clearly affect physiology but they are not submitted to a testing process as rigorously as pharmaceutical drugs *
  11. 11. * Pharmaceutical compliance resource website: * http://compliance-insight1.com/ *

×