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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 2013

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

IBISWorld’s Vitamin & Supplement Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 08-13
5.7%
Annual Growth 13-18
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Profit
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Employment
27,752
Businesses
369
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, though competition from imports and manufacturers' move to cheaper labor-cost countries will restrain significant revenue increases... purchase to read more

Industry Report - Industry Locations Chapter

The Mid-Atlantic (40.3% of revenue and 21.1% of establishments) and West (7.8% and 21.4%, respectively) regions are the most prolific vitamin and supplement manufacturing regions in the United States, with significant sales from this region. There is a discrepancy between establishment and revenue percentages among regions because some have lots of small manufacturers that generate less revenue (such as the West), while others have fewer but larger establishment that generate a lot of money for the industry (such as the Mid-Atlantic).

California is a major production state; it is home to Herbalife and other manufacturers... 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
Vitamin supplements Mineral supplements Herbal and botanical supplements Other supplements
 
Industry Activities
Dietary supplement developmentDietary supplement


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