Access the latest issue of Nutraceuticals World and browse our extensive archives to catch up on past articles and features.
Read the full digital edition of Nutraceuticals World, complete with interactive content and enhanced features for an engaging experience.
Join our community! Subscribe to Nutraceuticals World to receive the latest industry news, insights, and updates directly to your mailbox.
Learn about Nutraceuticals World’s mission, vision, and commitment to providing valuable information and resources for the nutraceutical industry.
Discover advertising opportunities with Nutraceuticals World to connect with a targeted audience in the nutraceutical sector.
Review our editorial guidelines for contributions and submissions to ensure your content aligns with our standards.
Read about our commitment to protecting your privacy and how we handle your personal information.
Familiarize yourself with the terms and conditions governing the use of nutraceuticalsworld.com.
Dive into feature articles that provide in-depth analysis and discussions on critical topics within the nutraceutical space.
Access unique content and exclusive interviews with industry leaders and innovators, offering insights into the future of nutraceuticals.
Discover the top companies in the nutraceutical industry, highlighting their innovations and contributions to the market.
Gain valuable perspectives from suppliers on market trends, challenges, and opportunities within the nutraceutical sector.
Stay informed with regular market updates that track the latest trends and developments impacting the nutraceutical industry.
Explore mergers and acquisitions, financial performance, and investment trends shaping the nutraceutical landscape.
Learn about the latest innovations in manufacturing and formulation processes that enhance product quality and efficacy.
Discover new products and ingredients making waves in the nutraceutical market, along with their benefits and applications.
Stay updated on regulatory developments and compliance issues affecting the nutraceutical industry.
Access the latest research findings and studies that inform trends and innovations in nutraceuticals.
Learn about nutraceutical products that support beauty and wellness, focusing on ingredients that address age-related concerns.
Discover nutraceutical solutions aimed at supporting bone, joint, and muscle health for optimal mobility.
Stay informed on products and ingredients promoting cardiovascular health and wellbeing.
Explore nutraceutical options designed to support the health and development of children.
Learn about nutraceutical products that enhance cognitive function and mental clarity.
Discover nutraceutical solutions that boost energy levels and support overall vitality.
Stay updated on ingredients and products promoting eye health and vision wellness.
Explore nutraceutical offerings tailored specifically for men’s health and wellness.
Learn about nutraceuticals that promote relaxation, stress relief, and improved sleep quality.
Stay informed about antioxidant-rich ingredients that combat oxidative stress and promote overall health.
Explore the benefits of green ingredients, including superfoods and their roles in health and wellness.
Learn about the uses and benefits of herbs, botanicals, and mushrooms in the nutraceutical sector.
Discover the health benefits of omega-3s and other nutritional oils for overall wellbeing.
Stay updated on the latest research and products related to probiotics and prebiotics.
Explore the role of protein and fiber in nutrition and their importance in dietary supplements.
Learn about alternative sweeteners and their applications in the nutraceutical market.
Discover essential vitamins and minerals that support health and wellbeing in various products.
Access our buyer’s guide to find trusted suppliers and service providers in the nutraceutical market.
Identify the top companies leading the nutraceutical industry with innovative products and solutions.
Explore the capabilities of leading nutraceutical companies and their areas of expertise.
Familiarize yourself with key terms and definitions related to the nutraceutical industry.
Watch informative videos featuring industry experts discussing trends, innovations, and insights in nutraceuticals.
Enjoy short, engaging videos that provide quick insights and updates on key nutraceutical topics.
Tune in to discussions with industry leaders sharing their perspectives on trends and challenges in the nutraceutical sector.
Access comprehensive eBooks covering various topics in nutraceuticals, from formulation to marketing.
Read in-depth whitepapers that examine key issues, trends, and research findings in the nutraceutical industry.
Explore informational brochures that provide insights into specific products, companies, and market trends.
Access sponsored articles and insights from leading companies in the nutraceutical sector.
Stay informed with the latest news releases and announcements from companies in the nutraceutical industry.
Browse job opportunities in the nutraceutical sector, connecting you with potential employers.
Discover major industry events, trade shows, and conferences focused on nutraceuticals and dietary supplements.
Participate in informative webinars led by industry experts, covering various topics in nutraceuticals.
Discover exclusive live streams and updates from the hottest events and shows.
What are you searching for?
Challenges and opportunities to doing business in the global marketplace.
June 2, 2014
By: Sean Moloughney
The dietary supplement industry continues to expand globally as consumers around the world are discovering the convergence of good nutrition and better health. Like all industries with a worldwide consumer following, the dietary supplement industry is facing challenges on both the business and regulatory fronts, and stakeholders are seeking solutions to allow companies to market their products responsibly and successfully on an international scale. Nutraceuticals World talked with Jim Griffiths, PhD, vice president, scientific and international affairs at the Council for Responsible Nutrition (CRN) and John Venardos, senior vice president, worldwide regulatory, government and industry affairs, Herbalife, Ltd. and chair, CRN-International. NW: What are the biggest challenges to doing business internationally in the nutraceuticals industry? John Venardos: Herbalife operates in over 90 markets around the globe. The lack of harmonized regulations makes it difficult, if not impossible, to formulate and commercialize the same formulas globally. Thus, our conventional foods and dietary supplement formulas (and claims) vary, dependent on local regulatory requirements. As a direct selling company, some markets restrict the sale of supplements to pharmacies or specialized stores, which represents a non-tariff barrier to trade. Still other countries, owing to protectionist policies, impose high tariffs on imported products or Value Added Tax on imported products not produced locally. Jim Griffiths: John’s exactly right. Having different rules in different locales creates a patchwork that necessitates constant anticipation, comprehension and establishment of a local footprint to progress the business. The cost of doing business globally for companies now includes having a scientific/regulatory physical presence that is keenly keyed into what’s happening on a local level. NW: How is CRN responding to these issues? JG: CRN provides a platform to discuss these issues in a reasoned and constructive fashion and then engages directly with regulators, taking a science-based approach. Dialoguing is key and CRN-International takes the lead in bringing together regulators, academicians, researchers and industry experts through scientific/regulatory conferences that can serve to highlight regulatory discrepancies and foster discourse on available or potential paths forward. JV: Through CRN’s International Trade and Market Development Committee, which I chair, the association has identified priorities, which it periodically raises directly with international regulators, as well as through dialogue with the U.S. Department of Commerce country desk officers and with the U.S. Trade Representative. JG: Here’s an example. Gaining regulatory approval for novel ingredients presents challenges as to what constitutes a dossier on safety, efficacy and/or recommended/allowable concentrations, and may be so country-specific that dossiers may need to be developed de novo for each national or regional market. At CRN our members work collectively to establish these kinds of recommendations. NW: How should companies approach varying regulatory requirements around the world? JV: First and foremost, companies should undertake to gain thorough knowledge of regulatory requirements prior to registration and notification to ensure compliance. Additionally, given challenges arising from economic adulteration, manufacturers need to take special care to ensure their supply chain. JG: Trade associations like CRN provide a sounding board and guidance in these areas, but not a replacement for a company’s own regulatory and legal personnel and consultants. But we can bring like-minded companies’ concerns, especially those companies facing similar regulatory issues or constraints, to the attention of regulators, and help work through solutions that will benefit business and consumers, and at the same time help regulators streamline their processes. NW: Where do you see opportunities for growth? And what factors are driving this potential? JV: One of Herbalife’s core product offerings involves products targeted for weight management. Given the global obesity epidemic, we see this as a key growth opportunity. Additionally, given the aging population (in the U.S. and elsewhere), consumers see the use of supplements as a way to maintain health so as to reduce the risk of future disease states. A 2013 economic report from Frost and Sullivan, supported by a grant from the CRN Foundation, showed healthcare cost savings that could occur as the aging U.S. population uses targeted nutrients. This is an important fact-based set of data that should be shared broadly with international markets, and to the extent that CRN’s fellow associations can undertake similar research projects locally, could be influential in shaping national policy reforms to allow greater use of supplementation. NW: Let’s talk about some specific markets. What obstacles confront companies looking to enter China’s supplement market? What factors are driving growth in South America? And how can the industry spur growth in more developed markets like Western Europe and Japan? JV: As the result of China’s 2005 direct selling regulations, companies wishing to commercialize health foods must go through a time-consuming product registration process with the China Food & Drug Administration that can take upward of two years (inclusive of local testing through an approved China facility). Health foods are limited to using 27 approved health claims, which may not necessarily reflect the intended purpose of similar products sold overseas. Also, manufacturers must ensure compliance with GMP and sourcing requirements. South America is one of our fastest-growing markets, driven in part by the desire among consumers for ensuring good health and proper weight management. Through engagement with European regulators via existing organizations such as Food Supplements Europe, manufacturers and marketers can collectively work to ensure alignment of regulations, particularly those involving the use of science-based upper limits and the use of botanicals supported by sound science. In Japan, CRN is working with the Association of International Food & Nutrition and several other NGOs to collaborate with the Consumer Affairs Agency, which is developing an improved regulatory paradigm allowing for claims on supplements.
Enter your account email.
A verification code was sent to your email, Enter the 6-digit code sent to your mail.
Didn't get the code? Check your spam folder or resend code
Set a new password for signing in and accessing your data.
Your Password has been Updated !