Health Supplement Stores

First Research, Inc.
October 20, 2014
10 Pages - SKU: FRRS5360045
Countries covered: United States

Health Supplement Stores

Brief Excerpt from Industry Overview Chapter:

Companies in this industry sell vitamins, minerals, and dietary supplements from physical retail locations. Major companies include GNC Holdings, Vitamin Shoppe, and Vitamin World (all based in the US).

Worldwide, annual sales of vitamins and dietary supplements through all channels total about $85 billion, according to Euromonitor. The US is the world's largest market and China is the fastest-growing. Growth in China and other emerging markets is driven by the rise in middle-class populations.

The US health supplement store industry includes about 9,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $6 billion.

COMPETITIVE LANDSCAPE

Health and nutrition trends and consumer spending drive demand. The profitability of individual companies depends on product innovation, effective merchandising, and competitive pricing. Large companies have advantages in purchasing, distribution, finance, and marketing. Small companies can compete effectively by providing superior customer service, offering unique products, serving a local market, or leveraging online sales. The US industry is fragmented: the top 50 companies generate less than half of sales.

Health supplement stores compete with discount stores, supermarkets, drugstores, mail order and Internet retailers, health food stores, and direct sellers of supplements.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products sold in health supplement stores include vitamins, minerals, and dietary supplements (about 80 percent of US industry sales) and grocery items. The vitamin, mineral, and health supplement (VMHS) category includes "alphabet" vitamins, multi-vitamins, aromatherapy, herbal extracts, and macrobiotic, homeopathic, herbal and botanical remedies. Sports...



More Specialty Stores reports by First Research, Inc.

Specialty Food Stores by First Research, Inc.
Specialty Food StoresBrief Excerpt from Industry Overview Chapter:Companies in this industry sell products such as meat, fish, fruits and vegetables, baked goods, candy, and gourmet ...
Bookstores by First Research, Inc.
BookstoresBrief Excerpt from Industry Overview Chapter:Companies in this industry sell books from physical retail locations; they may also sell via websites. Major companies include Barnes ...
Health Supplement Stores by First Research, Inc.
Health Supplement StoresBrief Excerpt from Industry Overview Chapter:Companies in this industry sell vitamins, minerals, and dietary supplements from physical retail locations. Major companies include GNC ...
See all reports like this >>

More United States Specialty Stores reports

Specialty Food Stores by First Research, Inc.
Specialty Food StoresBrief Excerpt from Industry Overview Chapter:Companies in this industry sell products such as meat, fish, fruits and vegetables, baked goods, candy, and gourmet ...
U.S. Book Stores Retailing Industry-Industry & Market Report - 2015 by Barnes Reports
The 2015 U.S. Book Stores Retailing Industry-Industry & Market report, published annually by Barnes Reports, contains timely and accurate industry statistics, forecasts and demographics. The ...
Bookstores by First Research, Inc.
BookstoresBrief Excerpt from Industry Overview Chapter:Companies in this industry sell books from physical retail locations; they may also sell via websites. Major companies include Barnes ...
Pet Food in the U.S., 11th Edition by Packaged Facts
Pet Food in the U.S., 11th Edition A soft sales environment in the pet food market does not seem to be deterring investors. In fact, while ...
See all reports like this >>

More United States reports

The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United States by Icon Group International, Inc.
The 2013-2018 Outlook for Collagen and (hyaluronic Acid) HA-Based Biomaterials in the United StatesThis econometric study covers the latent demand outlook for collagen and (hyaluronic ...
The 2013-2018 Outlook for Relish in the United States by Icon Group International, Inc.
This econometric study covers the latent demand outlook for relish across the states and cities of the United States. Latent demand (in millions of U.S. ...
See all reports like this >>

 

SELECT A LICENSE

    Online Download  USD 129  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!