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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 2015

Daily value: Growing interest in nutrition and needs of aging population will boost 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
$22bn
Annual Growth 10-15
3.1%
Annual Growth 15-20
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Profit
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Employment
163,610
Businesses
68,102
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

 


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.

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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