The data: Nutritional supplements like vitamins and minerals are staples in most households, with 77% of US adults taking at least one every day, according to Amway’s 2024 Habits and Healthspan report.
But, why? Consumers perceive nutritional supplements as beneficial to their health and well-being.
Yes, but: Despite widespread use, nearly half of those surveyed mistakenly believe supplements are approved by the FDA. In fact, 39% express confidence in their supplements being safe and effective because they (mistakenly) believe the FDA approves them.
In actuality, the Federal Food, Drug, and Cosmetic Act mandates that companies themselves are responsible for ensuring their products—including nutritional supplements—are safe, accurately labeled, and that any claims made about them are truthful. But the FDA is neither approving these products nor vetting the claims.
Why it matters: Consumers are prioritizing investments in their health and wellness and are willing to spend more money on products that provide additional benefits.
But their willingness to spend more could erode if the ingredients in the products they’re purchasing aren’t consistent with their safety and efficacy expectations.