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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

IBISWorld’s Health Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - 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 2016. Demand for this product segment has largely benefited from rising health awareness and mounting usage of preventive care methods... 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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