Outlook 2024
Annual Industry Ranking And Forecast
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Views from industry leaders and experts on the biggest trends, challenges and opportunities facing consumer health in the new year.
CBD products produced by Chanelle McCoy Health and Cannaray have been given the green light by the Food Standards Agency's Advisory Committee on Novel Foods and Processes allowing them to progress to the final stages of the regulator's lengthy approval process. Meanwhile, the Home Office has changed its policy with regards to THC in CBD, in response to an action brought against it by Jersey Hemp, clearing another barrier to making the UK market compliant.
The regulation “is clear, as is the Court’s order” rejecting CRN’s motion for preliminary injunction against imposition of the regulation, says US district Judge Andrew Carter in order denying the trade group’s request for clarification of New York regulation.
Canadian firm received approval from FDA for NDA submitted in May 2023 for Lumify Preservative Free. A month earlier, FDA approved Dr. Reddy's ANDA submitted in July 2021 for an equivalent of Lumify’s formulation, brimonidine tartrate 0.025% ophthalmic solution.
The US FDA has stood out as an agency that tends to draw broad bipartisan support amid a generally rancorous and divided Congress. A House hearing, however, may be a sign that those days are over.
US FDA Commissioner Robert Califf tells Congress that regulators don’t have to know how artificial intelligence works in medicine, but must make very sure it actually does work.
CRN’s request for clarification, as it continues litigating complaint in US District Court for Southern New York, highlights what it contends is vague and overly general language in the legislation passed in October with a 22 April effective date.
Firm operating in London, India and United Arab Emirates says its “Ultra Factory” will open in Indiana within the next six months with end-to-end production based on its operational facility in India.
CA, MA and NJ legislatures remain in session with bills active proposing regulations similar to NY law effective 22 April requiring retailers, including online, to ask for proof of age when customers buying consumer health products containing ingredients labeled or promoted for weight loss and bodybuilding benefits appear younger than 18.
London-based Unilever is resetting targets including virgin plastic reductions and increases in packaging that is recyclable, reusable or compostable. Based on a report last year from the Ellen MacArthur Foundation on industry progress against goals to reduce plastic waste, Unilever will not be alone in having to recalibrate.
Thousands of companies operating within the EU will soon be required to identify across their whole supply chain any adverse impact on the environment and human rights. Failure to do so could mean fines of up to 5% of worldwide net sales.
Companies considered producers of single-use packaging in Oregon, Colorado and California must register with Circular Action Alliance, the leading (and currently only) producer responsibility organization, by 1 July 2024 under new state recycling laws.
There’s no simple answer to the question of how to make medicines packaging sustainable, says international recycling consultancy and Veolia Group subsidiary Circpack. “Manufacturers need to assess what works best for them, and recyclers will do the same,” Circpack analyst and circular packaging expert Filipe Vieira de Castro tells HBW Insight in this exclusive Q&A. “The best thing we can all do is put effort into finding common ground between systems, which comes down to better understanding the complexities between them.”
CRN’s request for clarification, as it continues litigating complaint in US District Court for Southern New York, highlights what it contends is vague and overly general language in the legislation passed in October with a 22 April effective date.
“Consumers are rewriting the rules when it comes to where they are going for information and the type of information they are looking for,” reports Kaizo’s Anita Nahal, speaking to HBW Insight’s Over the Counter podcast about the agency’s latest Communicating Health Messages report. Trust in social media has increased, and personal beliefs and lived experiences are playing a larger role in shaping attitudes to health information, explains Nahal, who is director at the London-based PR agency. However, consumers are also continuing to “tune-out” from health messages and be less critical of sources. To help consumers navigate this new reality, consumer health companies need to adapt, rethink and reset their communication strategies, Nahal advises.
There’s no simple answer to the question of how to make medicines packaging sustainable, says international recycling consultancy and Veolia Group subsidiary Circpack. “Manufacturers need to assess what works best for them, and recyclers will do the same,” Circpack analyst and circular packaging expert Filipe Vieira de Castro tells HBW Insight in this exclusive Q&A. “The best thing we can all do is put effort into finding common ground between systems, which comes down to better understanding the complexities between them.”
Women’s Voices for the Earth continues to call attention to cosmetic ingredients’ potential health impacts on users including salon workers, while pushing the Cosmetic Ingredient Review to consider a wider variety of safety information in its assessment work.
Blink NutriTears supplement containing lutein/zeaxanthin, curcumin and vitamin D3 coming in 2024 is example of a cross-segment sales benefit B+L sees in dry eye product category. Consumer eye care and vision health product sales are key drivers for 18% Q1 net sales growth to $1.1bn.
Haleon gets its dietary supplements growth engine firing in Q1 with VMS sales up almost 10% as the firm's three biggest brands record gains.
CBD products produced by Chanelle McCoy Health and Cannaray have been given the green light by the Food Standards Agency's Advisory Committee on Novel Foods and Processes allowing them to progress to the final stages of the regulator's lengthy approval process. Meanwhile, the Home Office has changed its policy with regards to THC in CBD, in response to an action brought against it by Jersey Hemp, clearing another barrier to making the UK market compliant.
Returning for its 29th year, the Oscars of the OTC industry is now inviting entries from UK consumer health players across 12 categories.
Emily Pellegrini and Aitana Lopez, both AI creations themselves, are listed as judges in the World AI Creator Awards’ Miss AI pageant for AI-generated models. Unilever has taken an early stand against using AI in place of real women in its advertising, but human beauty influencers must be on alert.
J&J executives are confident the proposal to pay plaintiffs making ovarian cancer claims a total of $6.48bn over 25 years will be accepted, resolving 99.75% of those lawsuits pending against it and US affiliates. The proposal allows individual plaintiffs direct say on whether to accept it.
The regulation “is clear, as is the Court’s order” rejecting CRN’s motion for preliminary injunction against imposition of the regulation, says US district Judge Andrew Carter in order denying the trade group’s request for clarification of New York regulation.
London-based Unilever is resetting targets including virgin plastic reductions and increases in packaging that is recyclable, reusable or compostable. Based on a report last year from the Ellen MacArthur Foundation on industry progress against goals to reduce plastic waste, Unilever will not be alone in having to recalibrate.
Canadian firm received approval from FDA for NDA submitted in May 2023 for Lumify Preservative Free. A month earlier, FDA approved Dr. Reddy's ANDA submitted in July 2021 for an equivalent of Lumify’s formulation, brimonidine tartrate 0.025% ophthalmic solution.
By teaming up with local player Dr Reddy's, Nestlé is hoping to improve the distribution and reach of dietary supplement brands like Nature's Bounty in India. The company announced its India joint venture as it reported Q1 sales down at its Health Science business.
The US FDA has stood out as an agency that tends to draw broad bipartisan support amid a generally rancorous and divided Congress. A House hearing, however, may be a sign that those days are over.
US FDA Commissioner Robert Califf tells Congress that regulators don’t have to know how artificial intelligence works in medicine, but must make very sure it actually does work.
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