Vitamin D supplements do not offer any substantial health benefits, according to a new study Agence France-Presse reported.

Researchers led by Mark Bolland of the University of Auckland in New Zealand found that Vitamin D supplements have no significant effect on preventing heart attack, stroke, cancer or bone fractures, Agence France-Presse reported.

"A lot of people spend a lot of money on vitamin D supplements and many of them are not going to be getting benefits from it," Bolland said in a statement.

For the review, researchers looked at 40 high-quality trials to figure out if the Vitamin D supplements met a benchmark of reducing risk of these problems by 15 percent or more.

Researchers then determined that taking Vitamin D supplements have no significant effects on health.

"Available evidence does not lend support to vitamin D supplementation and it is very unlikely that the results of a future single randomized clinical trial will materially alter the results from current meta-analyses," researchers wrote in the study.

However, researcher Reinhold Vieth of the University of Toronto said the latest study is based on outdated information.

"Older studies that are using doses that are actually at or below the recommended dietary allowance that's current,"Vieth told CTV News.

Researchers also said they believed that unless used in people with vitamin D deficiency, there is a concern that taking the supplements might have an adverse effect on health, HealthDay reported.

They said the data used in the scientific review came from more than 37,000 people who participated in the trials and the information they analyzed was so conclusive that future studies will likely be futile.

The findings were published October 11 in the journal The Lancet.