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Dietary Supplement Industry: An Overview. Lori Kalani Co-Chair, State Attorneys General Practice Cozen O’Connor July 18, 2016. The Dietary Supplement Industry. More than $32 billion in US sales Multi-faceted Industry: Manufacturers Distributors Retailers 3d Parties (Labs, Testers)
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Dietary Supplement Industry: An Overview Lori Kalani Co-Chair, State Attorneys General Practice Cozen O’Connor July 18, 2016
The Dietary Supplement Industry • More than $32 billion in US sales • Multi-faceted Industry: • Manufacturers • Distributors • Retailers • 3d Parties (Labs, Testers) • Trade associations • Consumer use of dietary supplements • More than 150 million Americans, or 68% of adults, take supplements annually • ~98% of supplement users take a vitamin and mineral product • ~74% of U.S. adults 55+ take dietary supplements • 55% of supplement users trust their medical doctor/physician for reliable information on dietary supplements
What is a “Dietary Supplement”? • Dietary supplements include such ingredients as vitamins, minerals, herbs, amino acids, and enzymes. • Dietary supplements are marketed in forms such as tablets, capsules, softgels, gelcaps, powders, and liquids. • Common supplements include: • Multi-vitamins • Calcium • Folic Acid • Probiotics • Fish Oil • Whey Protein • Vitamin D • Vitamin C • Green Tea • Fiber
Concurrent Regulation Office of the Attorney General
Dietary supplement regulation falls between that of food and drugs FOOD DIETARY SUPPLEMENTS DRUGS • Claims Adverse Event Reporting No pre-market approval cGMPs
Self-Regulating Industry • Council for Responsible Nutrition • American Herbal Products Association • Natural Products Association • United Natural Products Alliance