ABSTRACT
The statement of identity of a food, including dietary supplements, is the name specified by federal law or regulation, or the common or usual name of the food. For dietary supplements, the regulations specify that the statement of identity must include the term “dietary supplement”; however, the word “dietary” may be replaced with a description of the type of dietary ingredients in the product. Specific rules and regulations apply to dietary supplements and functional foods, as outlined by one or more federal entities like the Food & Drug Administration (FDA) in the United States. While the numerous sources of market data are not always in absolute agreement on market size, projections, and opportunities, they have been unified on the continued growth, interest, and general potential of the nutraceutical and functional food market. For dietary supplements, the “FDA Disclaimer” is required if the product bears any “structure function claims” on its label.
