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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 | Oct 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
$18bn
Annual Growth 09-14
7.4%
Annual Growth 14-19
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Profit
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Employment
15,466
Businesses
555
Industry Analysis & Industry Trends

The Vitamin and Supplement Manufacturing industry has experienced impressive growth figures in the past five years, as Americans became more health conscious and disposable income levels recovered from the recession. Additionally, as the number of adults aged 65 and over increased, demand for age-related vitamins and supplements expanded. Over the next five years, the industry is anticipated to benefit from the same trends that have supported its growth in the past. As discretionary income continues to strengthen, more consumers will trade up to premium, all-natural and organic products, helping lift industry revenue. New products and formats will also appeal to customers, boosting revenue... purchase to read more

Industry Report - Industry Investment Chapter

The Vitamin and Supplement Manufacturing industry exhibits a moderate level of capital intensity. Using wages as a proxy for labor and depreciation as a proxy for capital, IBISWorld anticipates that for every $1.00 spent on labor in the industry, $0.35 will be spent on capital in 2014. This figure represents an increase since 2009, when capital expenditure was $0.30 for every dollar of wages. Wages have historically accounted for a larger portion of revenue due to operators' reliance on skilled workers to formulate, test and package dietary supplements. Manufacturers hire chemists, biologists, marketing specialists and other professionals who demand above average salaries... 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 energy drinks and prescription or over-the-counter products used to prevent or treat illnesses.

Industry Products
Vitamins and MineralsOther mainstream dietary supplementsOther specialty Sports nutritionalsHerbal and botanicalsMeal replacement and weight-loss supplementsWhey protein powder
 
Industry Activities
Dietary supplement developmentDietary supplementFormulating new supplement blendsMixing, pressing and encapsulating raw ingredients into pill or tablet form


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