New Product Development and Regulatory Challenges in Nutraceutical Industry

New Product Development and Regulatory Challenges in Nutraceutical Industry

Bhupendra Kumar (Watanmal Group, Nigeria), Shivom Singh (ITM University Gwalior, India), Kajal Srivastava (KRG (Govt.) PG College Gwalior, India) and Khursheed Ahmad Wani (Government Degree College Bijbehara, India)
DOI: 10.4018/978-1-5225-2970-5.ch013
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Functional food ingredients and dietary supplements are essential for health promotion and disease risk reduction. The demand for various food products is increasing day by day due to ever increasing population. Different multinational companies have invested to meet the demands of the people all over the world. However, some miscreants have adultered different food products that caused various concerns to the people and the government. Hence, different laws in different countries have been regulated to maintain the quality of food. However, there is major legislation and product approval challenges which should be aligned by global common regulations to move forward by reducing the scope for conflict between our regulatory approaches and by forging closer cooperation that can only be addressed by appropriate and accurate ingredients understanding, safety legislation, clinical studies benefits, advanced food processing technologies and various analytical studies. The nutraceutical revolution will direct us into a new era of medicine and health, in which the food industry will become a research oriented, analogous to the pharmaceutical industry. The present review article discusses the recent status of nutraceuticals and their importance to prevent various diseases.
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Overview Of Various Nutraceuticals

The below chart adopted from Frost & Sullivan’s report, “Global Nutraceutical Industry: Investing in Healthy Living,” provides a helpful overview of the different nutraceutical classifications: nutraceuticals are the healthy supplements that include vitamins and mineral supplements, herbal supplements, protein supplements and functional foods, promote health (Menrad, 2003).

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