Overview
Robert Underwood discussed the “dramatic growth” of the market for nutraceuticals (foods, beverages and dietary supplements intended to have health benefits). Mr. Underwood added that “the growth in the nutraceuticals market has attracted investment to support development of new products and new technology. The lines demarcating one type of nutraceutical from other products – dietary supplement, functional food, nutraceutical ingredient – are sometimes unclear, and the regulatory and compliance issues vary for the different types of products.”