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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 | Apr 2014

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

IBISWorld’s Vitamin & Supplement Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 09-14
4.0%
Annual Growth 14-19
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Profit
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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 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 distribution costs. Moreover, 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. As such, industry leader, NBTY, is headquartered in New York, while Bayer's US headquarters is in New Jersey. .. 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


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