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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 | Jan 2016

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
$18bn
Annual Growth 11-16
4.6%
Annual Growth 16-21
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Profit
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Employment
27,015
Businesses
1,041
Industry Analysis & Industry Trends

The Vitamin and Supplement Manufacturing industry has grown rapidly over the past five years, benefiting from increased demand from a larger mainstream, health-conscious consumer base and an increasingly aging population. In the coming years, the industry is anticipated to benefit from the same trends that have supported its growth in the past, including increasing health expenditure and growing interest in wellness and nutrition among mainstream consumers. As discretionary income continues to strengthen, more consumers will trade up to premium, all-natural and organic products, helping lift industry revenue... purchase to read more

Industry Report - Industry Locations Chapter

Vitamin and supplement manufacturing facilities are concentrated in densely populated regions and located near key upstream suppliers and downstream customers. Manufacturers prefer to be located near major downstream customers to maintain low distribution costs. In particular, nearly half of industry establishments are located in the Mid-Atlantic and West. Operating near the coast also allows companies to purchase imported ingredients at a lower cost. For example, industry leader NBTY is headquartered in New York, while its largest manufacturing facilities are located in California, Florida, New Jersey and New York... 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. Key groups within this industry include standard vitamin and mineral supplements, as well as sports nutrition products and herbal supplements. This industry excludes manufacturers of energy drinks, infant formula and prescription or over-the-counter (OTC) medications used to prevent or treat illnesses.

Industry Products
Vitamins and MineralsSpecialty dietary supplementsHerbs and botanicalsProtein powderMeal replacements and weight loss productsSpecialty and elite sports nutritionals
 
Industry Activities
Dietary supplement developmentDietary supplementFormulating new supplement blendsMixing, pressing and encapsulating raw ingredients into pill or tablet form


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