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Herbal Industry: Nutraceutical
The term 'nutraceutical' has been defined in various ways across the world. Nutraceutical is also known as medical foods, designer foods, phytochemicals, functional foods, and nutritional supplements. However, its general definition was coined by Stephen De Felice, founder and chairman of the Foundation for Innovation in Medicine which describes nutraceutical as a “food, or parts of a food, that provide medical or health benefits, including the prevention and treatment of disease.”
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