In Insight, Trend

As the beauty, health, and wellness industries have converged in the past three to four years, the supplement business has gone along for the ride. Beauty supplements have gotten a makeover, with Insta-worthy packaging and editorially inspired names moving from vitamin shops and health food stores to mainstream, prestige beauty retail.

The Global Beauty Supplements Market is projected to reach USD 7.64 billion by 2025—valued at approximately USD 3.89 billion in 2017, it is anticipated to grow with a healthy growth rate of more than 8.80% over the forecast period 2018-2025.

The FDA announced a new plan for policy advancements with the goal of implementing one of the most significant modernizations of dietary supplement regulation and oversight in more than 25 years.

Read the full statement from FDA Commissioner Scott Gottlieb, MD, on the agency’s new efforts to strengthen the regulation of dietary supplements by modernizing and reforming FDA’s oversight.

Photo: Angel Sinigersky via Unsplash

 

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