Dietary Supplement Product Development

The global dietary supplements market size was estimated at usd 123 28 billion in 2019 and is projected to expand at a cagr of 8 2 during the forecast period.

Dietary supplement product development. Determine in full detail how the product will be marketed what the desired product claims will be and how the product will address an unmet market need. The dietary supplement development and formulation experts capsules and tablets ptm food has developed more than 300 dietary supplement and pharmaceutical products since our inception. There are seven basic elements to developing a groundbreaking product.

Product development our experts have developed dietary supplement and functional food products in the global markets generating hundreds of millions of dollars in sales. Under the dietary supplement health and education act of 1994 dshea. It s an open secret in the dietary supplement industry that many products have smaller than recommended amounts of ingredients especially with ingredients that are expensive.

In short the finish product specification details testing requirements for a finished batch. All dietary ingredients listed on the sfp must be identified on the fp. During a recent virtual conference three lawyers complimented and critiqued fda s office of dietary supplement programs.

Funding boost fuels fda supplement office s aggressive hiring. Growing new product development with a contract manufacturer. Some in the industry call this dusting with fairy dust.

Begin with the finished product in mind. Ingredient readiness review irr the ingredient readiness review irr is a turn key proprietary ingredient selection and development tool designed to quickly and cost effectively qualify ingredients for success in the dietary supplement market. Finally finished product specifications fp establish the identity purity strength composition and limits of contaminates for each finished batch of dietary supplement.

These products include vitamin and herbal formulations in regards to development for specific nutritional biochemistry life extension health condition. A positive outlook toward the sports nutrition market is also among major driving factors. To make it seem like the consumer is getting more for their money than some competing product.