Functional Ingredients
A remedy F
How has the updated public list of CBD food products to novel food applications impacted the CBD gummy market and what does this mean for new innovations? Kiran Grewal reports.
unctional ingredients are growing in the food market due to the ever rising problems with health in the world population. Consumers are becoming overwhelmed with what is deemed ‘good’ for them as we are eating more processed foods than ever before and modern day health problems such as obesity, diabetes, high blood pressure and cholesterol are caused by poor diet. With greater access to information via the internet, the consumer has become its own wellness researcher and manufacturers claims on products may be misleading. As the cannabis market will continue to grow with the Global Cannabidiol (CBD) Market estimated to reach USD 47.22 billion by 2028, up from USD 4.9 billion in 2021, we will expect to see a huge increase of CBD products as supplements, and developing the process for active ingredients in products like gummies, is a big opportunity for the confectionery sector and nutraceutical markets.
18 Kennedy’s Confection May 2022
On 31st March 2022, the UK’s Food Standards Agency (FSA) updated the public list of CBD food products linked to novel food applications, with 3,536 individual products either carrying a ‘Validated’ or ‘Awaiting Evidence’ status. Kennedy’s Confection catches up with Rebecca Sudworth, Director of Policy at the FSA to understand exactly what this might mean for confectionery manufacturers involved in the CBD gummy market.
Businesses have until 26 May 2022 to submit evidence that their products are linked to a credible application and were on the market before February 2020. Rebecca says: “As a regulator, the Food Standard Agency’s job is to protect consumers and make sure that food businesses are doing the right thing. We also have a responsibility to ensure that the way we regulate doesn’t unnecessarily hinder innovation or the growth of new markets. The challenge of getting this balance right has been evident in our on-going work to
KennedysConfection.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52
