JULY 20236EDITORIALJULY - 01 - 2023, Vol - 03, Issue - 09 ISSN 2836-1970Published by ValleyMedia, Inc. Editorial StaffAva GarciaDavies MedowsJohnson Heller Joshua Parkersales@foodbusinessreview.comeditor@foodbusinessreview.commarketing@foodbusinessreview.comEmailVisualizerAsher BlakeManaging EditorFood Business Review Visit www.foodbusinessreview.comCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.TO SUBSCRIBE TOVian IsaacStanley MartinStanley MartinManaging Editoreditor@ foodbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsUnveiling the Power of Supplement ManufacturingThe increasing interest in personal health and wellness has led to a substantial rise in the consumption of dietary supplements. With growing awareness of the impact of nutrition on overall well-being, supplements offer a convenient and effective way to bridge nutrient gaps and support optimal health.The global dietary supplements market was valued at USD 163,986.0 million in 2022 and is predicted to increase at a compound annual growth rate (CAGR) of 9.0 percent from 2023 to 2030. The key factors driving growth include the expanding senior population, the move from medicines to nutraceuticals due to the increased emphasis on preventative healthcare, and the growing emphasis on personalized nutrition. Consumers are moving towards self-directed care due to the expanding personal health and well-being trend.Supplement manufacturing thrives on innovation. Manufacturers continuously explore new ingredients, delivery systems, and formulations to meet consumers' evolving needs. From exploring the potential of botanical extracts to harnessing the benefits of emerging trends like probiotics and adaptogens, the industry pushes the boundaries of innovation to provide cutting-edge solutions for health and wellness.Ensuring the safety and quality of dietary supplements is of utmost importance in the supplement manufacturing industry. Manufacturers adhere to stringent regulations and standards, such as Good Manufacturing Practices (GMP), to guarantee their products' purity, potency, and integrity. These rigorous quality control measures, including ingredient sourcing, testing, and production processes, ensure consumers can trust the supplements they incorporate into their daily routines.This edition of the Food Business Review highlights the key developments in the supplement manufacturing space and how companies are capitalizing on them to deliver robust solutions. We have curated thought leadership articles from industry experts, including Ted Beyer, Sr Quality Assurance Manager at Sun-Maid Growers, and Christopher Kline, Sr. Manager, Food Service Culinary, Tyson Foods.A deep understanding of market trends was also conducted to narrow down the list of companies that provide robust supplement manufacturing services. Equipped with innovative technological capabilities, companies such as DrVita and Kirkman Group help organizations at the cloverleaf of various disruptive technologies. This edition of Food Business Review focuses on Supplement Manufacturing in the hopes that you and your organization can maintain a safe dietary environment fueled by efficient technology. Let us know your thoughts!
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