86: Nutraceuticals: the growing market for health and wellbeing
Consumer trends in wellbeing, healthy ageing and nutrient rich convenience food are creating significant opportunities for nutraceutical manufacturers, with the current market valued at $41.95bn (Market Data Forecast figures). This is expected to continue to grow as conventional pharmaceutical companies also turn their hand to this growing market. In this Table Talk Podcast, recorded back in March at the beginning of the COVID-19 pandemic, we’re joined by a panel of experts who’ll provide their unique insight into this growing category in health and nutrition. Our guests are Nick Bennett, Head of Nutrition and Sustainability at IVc Brunel, Miriam Ferrer, PhD, Head of New Product Development, Cambridge Nutraceuticals, and Cheryl Fallow, MD, Viridian. We’ll focus on how the category is growing, the market accessibility and what it means in terms of product development and new opportunities. We’ll also investigate how regulation could affect manufacturers what significance any proposals in regulation could mean for manufacturers. About our panel Nick Bennett, Head of Nutrition and Sustainability at IVc Brunel Nick Bennett is Head of Nutrition at Brunel Healthcare where he is responsible for Innovation, Communication and Sustainability. Nick has worked in the food supplement industry for more than 21 years specialising in all matters relating to product development, regulations and the support that appropriate nutritional supplementation can provide to health and well-being. Nick qualified in Nutritional Biochemistry from Nottingham University in 1994 and has been a Registered Nutritionist since 2003. During this time he has worked in a variety of food supplement companies of different sizes from very small UK focussed, to very large international, before joining the UK’s number one food supplement manufacturer, IVC Brunel in 2009. Aimee Benbow, Technical Services Manager, Viridian With a degree in nutrition and experience in food law, Aimee is perfectly placed to ensure Quality Control & Quality Assurance at Viridian Nutrition. Aimee is also the hub of education and technical services. Miriam Ferrer, PhD, Head of New Product Development, Cambridge Nutraceuticals Miriam completed her Biology Degree at the University of Barcelona (Barcelona, Spain). She has a PhD from the Vrije Universiteit in Amsterdam (The Netherlands), where she worked on cancer gene therapy. She moved then to Cambridge, as postdoctoral researcher at the prestigious MRC-Laboratory of Molecular Biology, where she further her experience in the DNA repair field working on BRCA1 (Breast cancer type susceptibility protein). She moved out of the research to work for Abcam, one of the leading manufacturers of life-science researchers. Miriam worked at Abcam for 9 years, 7 of them as Product Manager for the cellular assays range. Since 2017, she is Head of New Product Development at Cambridge Nutraceuticals (who commercialises food supplements under the brand FutureYou), where she is responsible for researching ingredients and developing new products. Key areas of expertise: science, role of science in food supplements Food Matters Live On-Demand available now! Food Matters Live brought together five streams of unrivalled unique sessions, more than 50 hours of live webcasts, with the experts shaping the future of food, diet and nutrition. On-demand passes give you access to the complete programme now. Join 5,000 viewers who are already gaining a professional advantage from Food Matters Live On-Demand.