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Health Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Health Stores Market Research Report | NAICS 44619 | Jan 2016

Daily value: Growing interest in nutrition and an aging population will boost industry demand

The Health Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
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Profit
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Employment
185,646
Businesses
78,567
Industry Analysis & Industry Trends

Despite struggles across the entire retail sector, the rapidly growing Health Stores industry has performed well over the past five years. The needs of the aging population, trends toward increased healthy living and improving per capita disposable income are all contributing to the industry's growth. In particular, changing attitudes toward personal healthcare are driving demand for natural and antiaging products. As a result, revenue is expected to rise during the five years to 2016, 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 - Starting a New Business Chapter

Barriers to entry in the Health Stores industry are moderate. While the market share concentration in the Health Stores industry is low, existing retailers have developed strong relationships with wholesale distributors, ensuring that they receive the most competitive prices that can then be passed on to customers, as the company maintains and expands its market share. Additionally, some players are subsidiaries of vertically integrated supplement manufacturing firms. This gives their retail operations a competitive price and supply advantage... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Health Stores Industry?

The Health Stores industry includes retailers that primarily sell health and personal care products. Industry establishments include nutritional supplement stores, convalescent and prosthetic supply stores and specialized medical supply stores. The industry excludes pharmacies and optical goods, perfume, cosmetics and beauty supply stores. Online sales are also excluded from the industry.

Industry Products
Vitamin and mineral supplementsFirst-aid productsConvalescent care productsOrthopedic equipmentSports nutrition products
 
Industry Activities
Retailing convalescent care productsRetailing first-aid productsRetailing orthopedic equipmentRetailing sports nutrition equipmentRetailing vitamin and mineral supplementsRetailing otological equipment


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