U.S.: Natural complement gross sales rebound in 2023
After a slight dip in 2022—the primary in 20 years—gross sales of natural dietary supplements elevated by 4.4% in 2023 to succeed in an estimated $12.55 billion, based on the American Botanical Council’s newest Herb Market Report.
The 4.4% enhance noticed from 2022 to 2023, which corresponds to an extra client spend of $533 million year-on-year, is decrease than the common annual will increase of 8.2% from 2015 to 2019. Nevertheless, the return to optimistic development in 2023 after a slight 1.9% contraction in 2022 means that client gross sales could also be returning to the earlier upward pattern.
Psyllium maintained the highest spot within the mainstream channel with $276.1 million in gross sales in 2023, representing a 2.7% enhance on 2022.
Regardless of a 27.7% lower in gross sales year-on-year, elder berry maintained the quantity two spot with virtually $177 million in gross sales. Rounding out the highest 5 have been turmeric ($133.3 million in gross sales), ashwagandha ($120.4 million) and apple cider vinegar ($101 million).
Read our full report on NutraIngredients-USA.
U.S.: Gatorade mixes up portfolio with vitamin-enhanced Hydration Booster line
Gatorade has launched an electrolyte drink combine line referred to as Hydration Boosters. The brand new line has a heavier way of life lean than Gatorade’s conventional sports-focused merchandise.
Talking to our sister website FoodNavigator-USA, Marissa Pines, senior advertising director for PepsiCo’s Gatorade enterprise, mentioned: “Gatorade has been within the hydration recreation for nearly 60 years, and over the past a number of years, we’ve made a number of strides and [taken] a number of steps to proceed to evolve what the portfolio seems to be like and proceed assembly these wants for various athletes [and] completely different shoppers, and Gatorade Hydration Booster is our new electrolyte drink combine that pushes us even additional into this enhancers class.”
Developed in affiliation with the Gatorade Sports activities Science Institute, the Hydration Booster line was designed to satisfy client calls for for handy and practical methods to boost water, tapping into extra “on a regular basis way of life moments,” Pines defined.
The worldwide water enhancer market—together with dry mixes and liquid drops—was estimated to be value $1.68 billion in 2024 and is anticipated to develop by a ten.03% compound annual development price from 2024 to 2028, spurred by new product innovation and demand for practical merchandise, based on a Technavio report.
Learn extra HERE.
EU: Journal subject to handle all points of the security profile of ashwagandha
Consultants are calling for papers for a particular subject of Phytotherapy Analysis to handle all points of the security profile of ashwagandha. “There isn’t a level in buying and selling barbs or opinions,” mentioned Dr. Thomas Brendler, one of many visitor editors for the difficulty.
Ashwagandha has come underneath elevated scrutiny throughout Europe lately, and was named as one of many 13 substances of concern in a report from the Heads of Meals Security Businesses (HoA) in Europe.
The HoA report primarily requires an Article 8 process towards the 13 substances, which may result in banning their use in meals dietary supplements.
“The one factor that helps us now’s to really handle all of the issues one after the other, and that’s what this particular subject is about,” mentioned Dr. Brendler, who’s affiliated with the College of Illinois.
For extra info, watch our video interview with Dr. Brendler HERE.
Asia: NutraIngredients-Asia Award winners introduced
Our colleagues in Asia hosted the 2024 NutraIngredients-Asia Awards on the Deserted Mansion within the coronary heart of Bangkok final week and celebrated the area’s brightest and finest substances, merchandise, analysis and initiatives.
The occasion was hosted by NutraIngredients-Asia’s editor Tingmin Koe and editor-in chief Gary Scattergood.
The 2024 NutraChampion Award went to Ramasamy Venkatesh, managing director at Gencor Pacific.
For a full record of the winners, please click on HERE.