Tag: Consumer packaged goods

According to the U.S. Federal Food, Drug, and Cosmetic Act, an infant formula is a 'food which purports to be or is represented for special dietary use solely as a food for infants because it simulates human milk or its suitability as a complete or partial substitute for human milk'. This classification means that baby formula is a highly regulated nutritional product designed specifically for infants and not a generic food item.

The global consumer packaged goods (CPG) market is a multi-trillion dollar industry, and dietary supplements are a significant part of this massive ecosystem. While many consumers intuitively lump supplements in with other daily essentials, their classification as a CPG is based on specific market characteristics and regulatory considerations.