In fact, vitamins and dietary supplements showed their highest growth rates since 2003,” Euromonitor reported. Beth Lambert, CEO of Herbalist & Alchemist, a manufacturer and distributor of herbal supplements, said in an email last month that the country is headed for a recession if fuel prices and interest rates rise even higher. Sometimes they have been made to share the same mantle, which has blurred the basic premise that drugs are usually designed to treat diseases and are more expensive, while food supplements are cheaper and more suitable for disease prevention. After all, food supplements have already been the subject of quite a lot of criticism over the years, such as poorly designed trials, in which they have been asked for what they are unable to offer, namely, the treatment of diseases.
It is accepted that the industry is relatively resilient to recessions, but the United States had not experienced such levels of inflation for many decades, long before the introduction of DHSEA and the creation of modern industry. It's a shame that it took an economic catastrophe for people like Jacqueline to understand the meaning that the supplement industry has been transmitting for decades. From unprecedented inflation to supply chain challenges and rising borrowing costs, the nutritional supplement industry is not invulnerable to the macroeconomic forces faced by a nation that is increasingly pessimistic about the economy. The economic crisis has helped this particular blanket to disappear, and food supplements are proving to be more than capable of surviving the economic crisis.
Related Topics Providers view supplements. In the same New York Times article last week, a recently fired hairdresser and beautician explained why she was heading to the supplement aisles even though she had fewer five cents in her bag than ever. The increase in sales of food supplements highlights the fact that nutraceuticals and pharmaceutical products have not always been easy to obtain. With fewer shekels in the coffers of household budgets around the world, the attractiveness of food supplements is increasing as consumers, burdened by fear, seek ways and means to avoid the consequences for the conventional medical system, which could wipe out the budget.
The American vitamin retailer Vitamine Shoppe notes that 20 percent of customers in the past six months have bought food supplements such as omega-3, multivitamins, herbal extracts, probiotics, glucosamine and chondroitin for the first time. The American natural products company Whole Foods recently reported its first negative quarter in its history, but noted that food supplements were the star products in its national chain of stores. The survey is an annual evaluation of the economic performance of the dietary supplement industry, major trends, challenges, new products and growth opportunities, among other topics addressed.
