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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 | Mar 2015

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 10-15
7.0%
Annual Growth 15-20
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Profit
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Employment
26,970
Businesses
1,031
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 Analysis Chapter

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. Rising health expenditures and rising healthcare expenses have also encouraged more consumers to purchase relatively inexpensive dietary supplements to help prevent or alleviate common health complications. Lastly, rising disposable income levels and a growing interest in natural treatments, holistic healthcare and active lifestyles have also boosted demand for industry products. Due to these trends, IBISWorld anticipates industry revenue to increase at an average annual rate of 7.0% in the five years to 2015... 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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