Vol. 34 | Vol. 34 (2) - 2023 | DIETARY SUPPLEMENTS

Three steps to success: Create breakthrough nutraceuticals in a rapidly evolving market

by

Emily Navarro
Global Marketing Manager
Lonza Capsules & Health Ingredients, United States

ABSTRACT

With consumers now being more informed about their wellbeing, plus a growing and competitive global supplements market, it’s becoming increasingly challenging for brands to create breakthrough nutraceutical products. The article looks at what brands need to consider to develop solutions that stand out, while also delivering on consumer expectations. It focuses on three key steps to successfully develop and launch a new product, including the extensive research required to identify market and audience needs as well as product positioning, what steps brands should take to select the right ingredients and dosage form and how to measure market feasibility and commercial viability, plus why brands need to consider expert partnerships to get the right quality and production support.

The nutraceuticals space is changing rapidly. New technologies and innovations have unequivocally altered the market in recent years, and growing consumer interest in health and wellness has spurred further innovation. For example, 1 out of 4 people worldwide take dietary supplements daily or almost every day (1), and an impressive 77% of consumers have taken a supplement in the past 30 days (2), highlighting the clear opportunity for nutraceutical brands in the market.

ABOUT THE AUTHOR

Emily Navarro, MS, RD,  is a registered dietitian with 10+ years of experience in the nutrition industry. She is currently the global product marketing manager for Lonza Capsules & Health Ingredients, the global leader in capsules and encapsulation technology. Emily supports Lonza’s portfolio of science-backed nutrition products and innovation services and is inspired to work toward the company’s mission to enable a healthier world.

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