Document Type

Oral Presentation

Location

Oxford Convention Center, 102 Ed Perry Boulevard Oxford, MS 38655

Event Website

https://www.oxfordicsb.org/

Start Date

24-4-2023 2:00 PM

Description

With the pandemic fading in the minds of most Americans and a return to something we can all recognize as ‘normality’, there is a slight reset happening in US dietary supplements industry. Consumers who flocked to the industry in record numbers are still there, but spending habits have changed and hot categories like immune support are evolving. We're also seeing technology being leveraged in the search for the next hot ingredient, from artificial intelligence to synthetic biology, and this has implications for the botanicals trade. We also have an industry at odds with itself, with trade associations working against each other on key issues. In this presentation, Stephen Daniells, Editor-in-Chief of NutraIngredients-USA, will look back over the past three years and give his opinion on what this means moving forward. Key points Stephen will cover include:

  • The key trends and fads over the past 3 years? Which high growth categories are here to stay? And the losers: What does it mean for those ingredients and product?
  • How is the specter of COVID going to shape trends over the next few years?
  • Where is the innovation in the ingredient supply chain and what does this mean for botanicals?
  • What regulatory challenges is the industry dealing with and how does that impact business?
  • And where do we go with DSHEA 2.0?

Publication Date

April 2023

Accessibility Status

Searchable text, Screen reader accessible

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Apr 24th, 2:00 PM

View from the Editor's Chair

Oxford Convention Center, 102 Ed Perry Boulevard Oxford, MS 38655

With the pandemic fading in the minds of most Americans and a return to something we can all recognize as ‘normality’, there is a slight reset happening in US dietary supplements industry. Consumers who flocked to the industry in record numbers are still there, but spending habits have changed and hot categories like immune support are evolving. We're also seeing technology being leveraged in the search for the next hot ingredient, from artificial intelligence to synthetic biology, and this has implications for the botanicals trade. We also have an industry at odds with itself, with trade associations working against each other on key issues. In this presentation, Stephen Daniells, Editor-in-Chief of NutraIngredients-USA, will look back over the past three years and give his opinion on what this means moving forward. Key points Stephen will cover include:

  • The key trends and fads over the past 3 years? Which high growth categories are here to stay? And the losers: What does it mean for those ingredients and product?
  • How is the specter of COVID going to shape trends over the next few years?
  • Where is the innovation in the ingredient supply chain and what does this mean for botanicals?
  • What regulatory challenges is the industry dealing with and how does that impact business?
  • And where do we go with DSHEA 2.0?

https://egrove.olemiss.edu/icsb/2023_ICSB/schedule/12