Industry Analysis & Industry Trends
Despite the struggling US economy, the Health Stores industry has maintained revenue growth during the past five years. The aging population, improving consumer sentiment and escalating healthcare costs will continue to drive demand over the next five years. Furthermore, changing attitudes toward personal healthcare will bolster demand, particularly for natural and antiaging products. While competition will put pressure on prices, several factors will boost demand for health stores during the five years to 2019... 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; and soft drinks and food.
Vitamin and mineral supplements
Vitamin and mineral supplements (VMS) make up the largest product segment, with an estimated 30.0% share of industry revenue. This segment has enjoyed the most rapid growth during the five years to 2014 in both product range and sales, mainly due to rising health awareness and mounting usage of preventative care methods... purchase to read more