Industry Analysis & Industry Trends
Despite struggles across the entire retail sector, the rapidly growing Health Stores industry has performed well during the five years to 2015. The needs of the aging population, trends toward increased healthy living and improving per capita disposable income are contributing to the industry's growth. In particular, changing attitudes toward personal healthcare are driving demand for natural and anti-aging products. As a result, revenue is expected to rise during the five years to 2015, and moderate growth is expected to continue during the next five years. Despite cost-reduction efforts, profit margins are expected to fall, as competition from new market entrants, mass merchandisers and online retailers intensifies and drives down prices... purchase to read more
Industry Report - Industry Products Chapter
Health stores offer a broad selection of wellness products, including vitamin and mineral supplements, orthopedic equipment, first aid products, convalescent care merchandise and sports nutrition. Other products include hygiene merchandise, cosmetics (e.g. face cream and perfumes), over-the-counter medicines, pet supplies, soft drinks and food.
Vitamin and mineral supplements
Vitamin and mineral supplements (VMS) make up the largest product segment, with an estimated 26.6% share of industry revenue. This segment has maintained a steady share of industry revenue over the five years to 2015. Demand for this product segment has largely benefited from rising health awareness and mounting usage of preventive care methods... purchase to read more