Euromonitor analyst Ewa Hudson said that private-label and less-expensive products are keys to driving the functional-foods and beverages market in the West, due to a shift from treatment to prevention, according to NutraIngredients-USA.com.
The Coca-Cola Company announced its plans in October to include calories, counts per serving on the front of nearly all of its product packages worldwide.
Eye on the prize?
"I do feel that the industry we make today will set us up for the industry that we become in the future."
— Connie Barry, president and CEO, Pharmavite, at CRN's Annual Symposium for the Dietary Supplement Industry, after expressing worries that the companies won't take the opportunities for growth around them seriously
"The stakes are quickly going up in terms of public and Congressional concern about the safety and quality of supplements. It now becomes a mandate to have a fully compliant GMP program in place."
— Loren Israelsen, on testimony given at the hearing conducted by the Senate Subcommittee on Crime and Drugs of the Senate Judiciary Committee, that some supplements contain all sorts of odd things that are not supposed to be there