Herbal Remedy Supply Business Trends and Developments : Market Research Report

Herbal Remedy Supply Business Trends and Developments

Published by: BCC Research

Published: May. 1, 1999 - 95 Pages

Introduction

Study Goal And Objectives
Reasons For Doing The Study
Contribution Of The Study
Scope And Format
Methodologies
Information Sources
BCC On-Line Services
- Internet

Summary

Herbal Remedies

Use As Alternative Medicine
- Herbs/Botanicals - Parts Used
- Types Of Herbs/Botanicals
  - Links With Conditions/Disorders
  - Astragalus (Astragalus Membranaceus)
  - Aloe Vera (Aloe Barbadensis)
  - Bilberry (Vaccinium Myrtillus)
  - Black Cohosh (Cimicifuga Racemosa)
  - Burdock (Arctium Lappa)
  - Capsaicin (Capsicum Annuum)
  - Cat's Claw (Uncaria Tomentosa)
  - Chamomile (M. Recutita, C. Nobile)
  - Cranberry (Vaccinium Macrocarpon)
  - Echinacea (Echinacea Purpurea, Echinacea Angustifolia)
  - Elderberry (S. Canadensis)
  - Evening Primrose (Oenothera Biennis)
  - Fenugreek (Trigonella Foenum-Graecum)
  - Feverfew (Chrysantheumun Parthenum)
  - Garlic (Allium Sativum)
  - Ginger (Zingiber Officinale)
  - Ginkgo (Ginkgo Biloba)
  - Ginseng - All Types
  - Goldenseal (Hydrastis Canadensis)
  - Gotu Kola (Centella Asiatica)
  - Grape Seed Extract
  - Green Tea Extract (Camellia Sinensis)
  - Hawthorn (Crataegus Oxycanthus)
  - Kava Kava (Piper Methysticum)
  - Licorice Extract DGL (Deglycyrrhizinated Licorice)
  - Nettle (Urtica Dioica)
  - Pygeum (Pygeum Africanum)
  - Red Clover (Trifolium Pratense)
  - Saw Palmetto (Serenoa Repens)
  - Scullcap (Scutellaria Baicalensis)
  - St. John's Wort (Hypericum Perforatum)
  - Valerian (Valeriana Officinalis)
  - Others
  - Research Studies
- Risks/Dangers Of Herbal Remedies
  - Side Effects/Adverse Reactions
  - Due To Contamination
  - Special Conditions
  - Interactions With Prescription Drugs
- Herbal Remedies As Dietary Supplements
  - Defined
  - Delivery Systems

Herbal/Botanical Extract Supplier Industry

Growers/Farmers
- Raw Material/Extract Supplier
- Type Of Extracts Supplied
  - Liquid
  - Powdered
  - Standardized
Trends In The Supplier Industry
- Quality Control
  - Growing
    - Organic Farming
  - Harvesting/Processing
  - Testing Raw Materials
  - Setting Standards
BCC Forecasts - U.S.
- By Value - Price Per Kilo
  - Largest Share And Fastest Growth - Multi/Comb
  - By Comparison Of Percent Of Total Kilos And Value
- By Health Conditions/Benefits
  - Largest Share - Infections/Immune Booster
  - Fastest Growth - "Others"
  - By Stress-Related/Brain/Mental/Energy
    - Largest Share And Fastest Growth - Kava Kava
  - By Infections/Immune Booster
    - Largest Share - Goldenseal
    - Fastest Growth - Multi/Combo
  - By Gender-Related
    - Larger Share And Faster Growth - Women's
  - By Cardiovascular/Circulation/Others
    - Larger Share And Faster Growth - Multi/Combo
- By Market Leaders - U.S.
Industry Structure
- Market Influences
  - Trends In Alternative Medicine
    - Consumer Interest In Herbal Remedies
      - Influence Of Media Coverage
    - Medical/Health Community
      - Doctors Recommending
        
        Allopathic
        
        Mental Health
      - Medical Schools
      - Medical Journals
      - Pharmacy Schools
      - Pharmaceutical Associations
      - Health Insurers
      - Reference Works For Professionals
        
        Handbooks
        
        Monographs
        
        PDR
    - Government Interest
    - Academic Interest
- Driving Forces
  - Price And External Factors
    - Powder Vs. Standardized Extract
  - Regulations For Ingredients
  - Trends In The Dietary Supplement Industry
    - New Makers Entering Herbal Market
      - Supplement Makers
      - Pharmaceutical Companies
      - Chemical Companies
      - Tea Maker
    - New Retailing Outlets
    - Research Alliances
    - Branding
    - Patenting Raw Materials
    - Contract Manufacturing/Custom Formulation
  - Consolidation In The Industry
    - Suppliers And Supplement Makers
    - Suppliers With Suppliers
    - Regulations
      - DSHEA And Safety
      - Ingredient Labeling For Herbal Products
      - New Ingredients
      - Per Day Information On Label
      - Research Grants
      - Federal Trade Commission (FTC) - Health Claims
      - Apma Wins Against FDA
      - Patents For Supplement Makers
      - Nutraceutical Alliance (NA)
    - Sales And Markets
- Most Active Herbal/Botanical Suppliers
  - Company Profiles
  - Industry Environment

Regulations For Dietary Supplement Makers

Dietary Supplement Health And Education Act Of 1994 (DSHEA)
- No Premarket Approval
  - Definition Of Dietary Supplement
  - Ensuring Safety
  - Literature
  - Nutritional Support Statements
  - Ingredient And Nutrition Information Labeling
    - Labels, Effective March 23, 1999
  - Summary Of Nutrition Labeling Rules For Dietary Supplements
  - Good Manufacturing Practices (GMPS)
  - Office Of Dietary Supplements
  - Commission On Dietary Supplements
    - Claims Proposal - April 1998

Business Guide For Dietary Supplement Industry

Dietary Supplements: An Advertising Guide For Industry

Identifying Health Claims
Substantiating Claims

List Of Tables

List Of Figures

Abstract

There is increasing recognition among medical/health professionals, government, industry and academia, that a growing number of consumers want herbal remedies perceived as less expensive, gentler self-medications. This report looks at how suppliers are dealing with this expanding marketplace, where drug companies are now marketing herbal products sold in mass merchandise outlets, and with a dynamic regulatory climate. It makes sales estimates and projections for 1998-2003 for selected herbs and the health conditions they purportedly support. From Business Communications Company.

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Herbal Remedy Supply Business Trends and Developments

Table of Contents

Abstract