SEARCH   
MEMBER LOGIN    

Vitamin & Supplement Manufacturing in the US: Market Research Report

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

Vitamin & Supplement Manufacturing Market Research Report | NAICS 32541d | Apr 2014

Healthy forecast: An aging population and growing health concerns will supplement growth

The Vitamin & Supplement Manufacturing 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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 09-14
4.0%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
17,866
Businesses
441
Industry Analysis & Industry Trends

Although vitamins and supplements are often considered nondiscretionary purchases, the industry has grown at a steady clip over the past five years due to several factors, such as the aging population, reduced levels of employed and insured Americans and increasing consumer concerns toward health. Growth is forecast to continue over the next five years, especially as disposable incomes recover; however, competition from imports coupled with manufacturers' moving to low labor-cost countries will restrain significant revenue increases... purchase to read more

Industry Report - Industry Analysis Chapter

The Vitamin and Supplement Manufacturing industry has grown moderately over the past five years, benefiting from an aging population which accounts for a significant share of consumer demand for industry goods. Also, as private health insurance coverage remained low in the years following the recession, more consumers turned to relatively inexpensive dietary supplements to prevent and treat health complications. Other trends that supported the expansion of this industry include a growing interest in health and nutrition as well as demand for convenient products. Overall, IBISWorld anticipates industry revenue to increase at an average annual rate of 4.0% to $12.7 billion in the five years to 2014, including a forecast growth of 3.0% in 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Vitamin & Supplement Manufacturing Industry?

Vitamin and supplement manufacturers primarily develop and manufacture products that are consumed by mouth and contain an ingredient intended to supplement the diet. This industry excludes manufacturers of products used to prevent or treat illnesses.

Industry Products
Vitamins and mineralsHerbs and botanicalsSports nutritionals and meal replacements
 
Industry Activities
Dietary supplement developmentDietary supplement


View Sample
Quote
Select Clients