Medicine-whether in the form of health supplements or pharmaceuticals-is big business indeed. With income that are nearly four times the average of any other business, the pharmaceutical industry enjoys a high position being amongst the most profitable businesses on the planet.

The nutraceutical industry is not far behind offering stiff competition to pharmaceutical counterparts. Research is booming and science-based studies have given successful impetus to the plant-based product industry. Some of the popular botanicals like as Echinacea, gingko biloba, ginseng, garlic, and St. John’s Wort are seeing sales that put them in the same league with many prescription medications. click here for more info In fact, so popular may be the health supplement industry that pharmaceutical giants like Bayer, American Home Products, Johnson and Johnson and Boeheringer-Ingelheim have all begun to market supplements!

What is the Difference?

There is not a lot of a difference between nutraceuticals and pharmaceuticals aside from the way in which they’re regulated in america although both are regulated by the U.S. Food and Drugs Administration. Major differences include:

* Pharmaceuticals that are derived from plant proteins for vaccines and medical treatments won’t be the same as nutraceuticals. The major difference is that pharmaceuticals were created specifically for medical use under a physician’s supervision, and so are subject to Food And Drugs Administration approval.
Health supplements do not need medical supervision, nor Food And Drugs Administration approval.
* Pharmaceuticals need prescription from the certified doctor for purchase. The choice of a natural supplements is up to the average person. Health supplements are sold without restrictions at health food stores, food markets, drug stores, national discount chains, mail-order and Internet.
* You can find no strict regulating laws governing natural supplements. Just about anyone can come up with a health supplement, notify the Food And Drugs Administration , and put it available in the market. In stark contrast, it takes anywhere between 8-12 years for a fresh drug to be approved by the Food And Drugs Administration . Pharmaceuticals undergo intense regulatory reviews by the Food And Drugs Administration .
* Because of stricter regulations, pharmaceuticals have greater evidence of efficacy and safety. Whereas natural supplements are based on tradition with insufficient evidence of safety and efficacy. However, this is changing as new research builds up to support the health great things about a few of the accepted nutrients. Eg omega 3 essential fatty acids.
* Pharmaceuticals are patented. Herbs and natural supplements are not patented and therefore the profits are limited with stiff competition from an array of health supplement manufacturers.
* Pharmaceuticals spend millions of dollars for research and paperwork for a fresh therapeutic claim of a recognised drug all to fulfill Food And Drugs Administration requirements. Food And Drugs Administration requirements for health supplements are not at all stringent aside from barring them from making any false health claims about their product and adding a disclaimer: “This statement has not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease.”
* Pharmaceuticals come with various unwanted effects. Known side effects must be disclosed on the label. While health supplements do not require a listing of side effects, there is commonly fewer cases of side effects associated with the usage of health supplements.

Complaining about the high cost of traditional medicine and unwanted effects, many people are embracing alternative medicine in the form of health supplements. A report by the Hartman Group, a respected market research firm called, “The Wellness Trends in 2002” found that Americans are starting to place the family and a healthy body above the daily routines of life. The type of interviewed many expressed frustration with U.S. healthcare system and wanted more control over their own health. The report said, “Health supplements … (allow) them a means of self-managing their own health … giving them a sense of empowerment,” the report states. This is an advantage over pharmaceuticals.In line with the Nutrition Business Journal fast growth in the nutraceutical market is seen in weight-loss products.

The demand for such products keeps growing as you consider the a lot more than 120 million overweight Americans and 17 million diabetics that are looking for supplements that increase metabolism, suppress or satiate appetite, and control blood sugar levels. Such sectors in medical supplement industry have gained footage over pharmaceuticals.IN THE US, 60% of the consumers take some kind of food supplement and 30 to 40% take herbs. Natural supplements are gaining such credibility that many physicians are recommending them to their patients before prescribing riskier pharmaceuticals. Of the health supplement users 95% are content with supplements.In the meanwhile, research continues to be booming in both industries! Health supplement manufacturers continue steadily to unveil groundbreaking products as new evidence supporting medical benefits of nutraceuticals emerges.

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