The dietary supplements market in the US is expected to top $15.5 billion by 2017.
Similar to other countries, product regulation in the United States of America (USA) differs vastly from product regulations in Canada. For example, in Canada we have natural health product, cosmetic and food directorates, whereas in the USA there are various departments for medicated food, dietary supplement, homeopathic drugs, and foods. The overlap is not perfect, and product classification drives regulatory requirements in all cases.
In 2012, dietary supplement sales reached $11.5 billion in the USA, and are expected to reach $15.5 billion by 2017. With a market size ten times as large as Canada, there is unprecedented interest in Canadian companies seeking USA regulatory approval to help launch their products in this ever-growing market. NHP Consulting will assist in the correct classification of your products and achieve regulatory compliance for marketing of your products in the USA.