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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 | Jul 2015

Daily value: Growing interest in nutrition and needs of aging population will boost demand

IBISWorld’s Health Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 10-15
3.4%
Annual Growth 15-20
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Profit
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Employment
195,257
Businesses
71,038
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 Analysis Chapter

The Health Stores industry has fared well during the five years to 2015, bolstered by the aging population, increasing health awareness and new product innovations. Additionally, because demand for discretionary industry products is sensitive to changes in consumer sentiment and spending, the industry has experienced robust expansion amid postrecessionary economic growth. However, industry operators have been met with fiercer competition over the period from other retail channels, which has slightly pressured sales. Nonetheless, rising consumer interest in healthy living is expected to drive industry revenue up an annualized 3.4% to $21.8 billion over the five-year period, with revenue expected to grow 2.3% during 2015 following six years of consecutive increases... 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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