Functional Foods and Vitamins

Research and Markets, Dublin, Ireland, has released a new report, “Nutraceuticals Market Assessment 2003.” The report reviews the functional foods and vitamins, minerals and supplements (VMS) sectors as the generally identified key areas of the market. It excludes smaller markets not considered to relate to food and drink for general health, such as diet and slimming foods, tonics and medical nutritional products, herbal and homeopathic remedies and sports energy drinks. According to the report, in 2002, retail sales of functional foods grew by an estimated 9%, while the retail sale of VMS products fell by 3.6%.

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