Consumers have flocked to dietary supplements in droves over the last few years, pushing utilization to an all-time high. Now, four out of five Americans take dietary supplements regularly, according to the latest Council for Responsible Nutrition (CRN) research, a seven-point jump in just the last year. Even more importantly, CRN reports that 79% of U.S. consumers “believe the dietary supplement industry is trustworthy, a jump of five percentage points from 2020.”
Finally, the dietary supplements business has come a long way from its brick-and-mortar origins, with e-commerce sales making up nearly 17% of total sales. Experts further predict that almost a quarter of all supplement sales will move online by 2024.
There’s never been a better time to be in the dietary supplements space, and TraceGains is here to help suppliers break into this booming business.
TraceGains Network is the industry’s premier free platform for suppliers. With TraceGains Network, suppliers can connect with their customers, manage documentation, and expand their business all from one location. TraceGains Network also lets suppliers respond quickly to customer sourcing and compliance requests. And with a single network platform, suppliers can scrap the need for multiple portals while streamlining data and document exchange between suppliers and their customers.
Find out how TraceGains Network can transform your business with this invaluable data sheet.