Dietary supplement companies

PLT earns carbon neutral status via support for Amazon deforestation project

09-Nov-2021 By Hank Schultz

PLT Health Solutions has announced it has achieved a carbon neutral certification awarded by a third party organization.

Herbalife’s strong Q3 results good sign for continued heightened demand for supplements

05-Nov-2021 By Hank Schultz

Multilevel marketing giant Herbalife has continued strong sales momentum, even if the latest results don’t match the stratospheric levels achieved during the heights of the pandemic-induced demand boom.

Amazon requires testing for illegal weight loss, sexual enhancement ingredients

02-Nov-2021 By Hank Schultz

Amazon has updated its specifications for dietary supplements with a new set of requirements for sellers of weight management or sexual enhancement products as well as changes to COA stipulations.

NAI says sales grew 50% in fiscal 2021, warns of pandemic hangover

21-Sep-2021 By Hank Schultz

Dietary supplement manufacturer Natural Alternatives International reported record earnings in its recent year end report and recorded a more than 50% sales increase over the previous year.

NAI acquires factory, warehouse space in $17.5 million deal

25-Aug-2021 By Hank Schultz

Contract manufacturer Natural Alternatives International Inc. is maintaining its rapid growth with the acquisition of an additional manufacturing facility in a $17.5 million deal.

Probiotics skin care launch helps Nature’s Sunshine post record results

11-Aug-2021 By Hank Schultz

In concord with a trend affecting most of the multi level marketing companies selling dietary supplements, Nature’s Sunshine has posted another quarter of record results, buoyed by surging sales in Asia, South America and Poland.

Usana continues torrid pace as Q2 sales rise 30%

28-Jul-2021 By Hank Schultz

Usana Health Sciences has reached another earnings milestone as the company topped $330 million in revenue for its most recent financial reporting period.

From tumultuous start supplement industry now enters into golden future, says Nutrachampion Israelsen

20-Jul-2021 By Hank Schultz

Nutrachampion Loren Israelsen said he’s grateful that the award signifies that decades later his peers think he’s still contributing in a meaningful way to the industry that he helped create.

Nerve supplement maker drops claims in face of CRN challenge

29-Jun-2021 By Hank Schultz

The manufacturer of a nerve function support product has agreed to drop claims for the supplement after a challenge by the Council for Responsible Nutrition.

Supplement manufacturer seeks to up game in COVID-19 testing

10-Jun-2021 By Hank Schultz

ProPhase Labs, a dietary supplement manufacturer and medical testing company, has announced a plan to better market a COVID-19 test and to move into the genomic testing sphere.

Canadian integrated clinic chain acquires supplement manufacturer

09-Jun-2021 By Hank Schultz

Novo Integrated Sciences, a Canadian company based on a branded chain of health clinics, has announced a plan to acquire Acenzia Inc. a supplement contract manufacturer and research firm.

Nature’s Sunshine corroborates supply chain issues affecting industry

24-May-2021 By Hank Schultz

Nature’s Sunshine is the latest company in the dietary supplement industry to report supply chain difficulties as the dislocations caused by the global pandemic continue to reverberate through the system.

Pandemic supply chain issues likely to persist for many months, experts say

21-May-2021 By Hank Schultz

While the pandemic news is improving in many parts of the world, the pulse of shortages and shipping delays it has sent through the supply chain likely will continue for up to a year, observers say.

Reopening gyms, demand for supplements generally help NAI to post record results

21-May-2021 By Hank Schultz

Natural Alternatives International has reported an 81.8% year over year sales increase in the third quarter of its fiscal 2021 and expects the full year increase of as much as 55%.

Natural Grocers reiterates quality commitment in relaunch of private label line

06-May-2021 By Hank Schultz

Natural Grocers is revamping its line of private label supplement products for new market realities and to better fit the company’s evolving market position. The new line, branded as Natural Grocers Brand Vitamins & Supplements, encompasses more...

CBD industry consolidation continues with manufacturing facility sale

05-May-2021 By Hank Schultz

In a sign of further consolidation within the CBD/hemp products industry, THC Farmaceuticals Inc has announced it has acquired a contract manufacturer in Southern California.

Science must be specific to products, FTC reiterates In new raft of COVID-19 warning letters

03-May-2021 By Hank Schultz

The US Federal Trade Commission has cited another 30 companies or individuals for making what it characterizes as unsubstantiated COVID-19 treatment claims.

Usana rides new active nutrition launch to another strong quarter

30-Apr-2021 By Hank Schultz

Network marketing company Usana has leveraged a recent investment in a nutrition bar and protein products manufacturer to help drive another record sales quarter.

CRN says it’s working with lawmaker to clarify FDA's authority to regulate rogue products

28-Apr-2021 By Hank Schultz

The Council for Responsible Nutrition says it is in talks with sources on Capitol Hill on revisions to the definition of dietary supplements to give FDA firmer authority to rein in rogue products.

Surging sales, more transparency pressure driving contract manufacturing transformation

16-Apr-2021 By Hank Schultz

Rising demand in the contract manufacturing realm is driving both consolidation and pressure to make more transparent this sometimes closed section of the dietary supplement industry, observers say.

Supplement marketer prospers despite GNC nose dive

29-Mar-2021 By Hank Schultz

Supplement marketer FitLife Brands prospered in 2020 despite the bankruptcy of GNC, its biggest customer. The company recorded the highest annual revenue it has achieved for a number of years.

Ecommerce improvements help Nature’s Sunshine to best quarter in company history

15-Mar-2021 By Hank Schultz

Riding a great year for the dietary supplement industry and for multi level marketing companies in general Nature’s Sunshine notched its best quarter ever as it reported its 2020 year end final results.

GNC leverages store footprint via same-day delivery deal

12-Mar-2021 By Hank Schultz

GNC is finding a way to leverage its extensive store footprint to improve its ecommerce performance by pairing with delivery service Shipt to enable same day delivery of products direct to consumers.

Confidence USA ordered to close after decade of inspection failures

09-Mar-2021 By Hank Schultz

Confidence USA Inc, a dietary supplement manufacturer, has been ordered to close after a history of alleged non-compliance with cGMP regulations that extends over a decade.

FTC action on ‘Made in USA’ claims signals heightened risk for industry, attorney says

23-Feb-2021 By Hank Schultz

A recent FTC action that hinged on a ‘Made in USA’ claim serves notice that such claims will be under greater scrutiny during the Biden Administration, an attorney says.

Usana’s digital improvements bear fruit with 14.5% sales rise in forth quarter of 2020

11-Feb-2021 By Hank Schultz

Usana Health Sciences has ridden the pandemic wave of interest in dietary supplements to a 14.5% rise in sales in the fourth quarter of its fiscal 2020 earnings report.

CHPA outlines new trajectory for supplement industry in 2021

14-Dec-2020 By John Troup, PhD, Vice President for Scientific Affairs and Dietary Supplements, Consumer Healthcare Products Association

John Troup, PhD, Vice President for Scientific Affairs and Dietary Supplements, Consumer Healthcare Products Association, argues that 2020 was a historic year for the dietary supplement industry. Unprecedented demand and the market distortions caused...

Unilever to acquire supplement manufacturer SmartyPants

30-Nov-2020 By Hank Schultz

Unilever announced it has signed an agreement to acquire fast growing supplement manufacturer SmartyPants Vitamins.

Well-grounded entrepreneurs stand best chance to catch crest of coming wave

23-Nov-2020 By Hank Schultz

The dietary supplement industry, with its low barriers to entry, is often welcoming to startup entrepreneurs. Many of these startups would have a better chance of success by having a solid foundation in the realities of the industry going in, rather...

Stakeholders find some alignment with AMA’s call for more FDA enforcement of supplement market

19-Nov-2020 By Hank Schultz

The American Medical Association has issued a new policy on dietary supplements that calls for more enforcement from FDA, labeling changes and other measures. Industry stakeholders found points of agreement with the group’s position, but also highlighted...

Industry stakeholders look forward to working with Biden Administration even as pandemic, Kessler add cause for concern

18-Nov-2020 By Hank Schultz

Industry stakeholders anticipated a smooth working relationship with a new Biden Administration, but said this year’s highly unusual circumstances makes this transition more uncertain than most.

Nature's Sunshine records first $100 million quarter

11-Nov-2020 By Hank Schultz

Nature’s Sunshine Products has reported record earnings as lockdown restrictions lift in overseas markets such as Asia and Latin America.

Herbalife’s quarterly sales hit $1.5 billion; manufacturing expansion planned

06-Nov-2020 By Hank Schultz

Herbalife Nutrition saw sales rise 22.3% in its third quarter. The company said it plans to expand its manufacturing capability to meet increased demand.

Gains in Asia Pacific region boost Usana to record-breaking third quarter

22-Oct-2020 By Hank Schultz

Usana Health Sciences posted a 14.5% year over sales increase during a record third quarter that saw volumes grow significantly in the Asia Pacific region.

Trump Administration doubles down on WeChat ban, casting pall over US-China trade, observer says

28-Sep-2020 By Hank Schultz

The Trump Administration’s attempt to prevent the use of the WeChat app within the United States has sent shock waves through that portion of the US dietary supplement industry involved with trade to and within China, an observer says.

Scent product could transform dietary supplement marketing, manufacturer says

17-Sep-2020 By Hank Schultz

A new product providing long lasting, pleasant scents that has been quietly making inroads in the industry aims to revolutionize the marketing of dietary supplements by improving customer experience.

Pharmavite sues Clean Label Project over running alleged protection racket

03-Sep-2020 By Hank Schultz

Dietary supplement manufacturer Pharmavite has filed a RICO lawsuit against the Clean Label Project, alleging that the organization’s testing and product grading activities amount to a protection racket.

Jarrow Formulas sold to private equity firm

03-Sep-2020 By Hank Schultz

Jarrow Formulas, a manufacturer with a 40-year history in the industry, has been sold to private equity firm New Mountain Capital, the company announced this week.

FitLife Brands says it will weather GNC bankruptcy storm

27-Aug-2020 By Hank Schultz

FitLife Brands has been grievously hurt by the bankruptcy filing of its major customer, GNC. But the company says it will survive and trends looking forward are good.

Nature’s Sunshine shows falling sales globally, gets pressure to exit LATAM markets

13-Aug-2020 By Hank Schultz

Multi level marketing company Nature’s Sunshine has reported flat to falling sales in all of its markets. In an earnings call, one analyst even suggested the company leave the markets in Latin America altogether.

CBD firms lead list of dietary supplement players recognized for rapid growth

12-Aug-2020 By Hank Schultz

A number of companies active in the dietary supplement industry have landed on the Inc. 5000 list of fastest growing privately held firms.

Herbalife records record volumes in second quarter

10-Aug-2020 By Hank Schultz

Herbalife reported a record quarter in terms of product volumes. Sales soared in North America and were up strongly in China as well.

Informa cancels SupplySide West as Nevada coronavirus cases climb

28-Jul-2020 By Hank Schultz

Informa Markets has formally canceled the SupplySide West 2020 trade show which was set to take place in Las Vegas, NV on Oct. 27-30.

Usana notches sales gain despite pandemic disruptions

23-Jul-2020 By Hank Schultz

Network marketing company Usana turned in solid results in its second quarter despite the interruption of face-to-face selling and recruitment that is the core of the MLM model.

NutraIngredients-USA Awards 2020

CRN's Label Wise effort stood out among year's industry initiatives

16-Jul-2020 By Hank Schultz

Making nutrition understandable for everyone is the goal of the Label Wise initiative led by the Council for Responsible Nutrition. That made it a clear choice for this year’s Editors Award for Industry Initiative of the Year.

NutraIngredients-USA Awards 2020

NutraIngredients-USA

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