Health Supplement Stores
Description
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), along with Holland & Barrett (UK).Worldwide supplement sales through all channels are projected to approach $192.7 billion in 2024 expected to expand at a CAGR of 8.9% from 2025 to 2032, according to Grand View Research. North America along with Asian countries, notably China, followed by North America, and Sweden are the countries that have the top revenues.
The US health supplement store industry includes about 11,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $21 billion. Dietary supplement usage in the US is at an all-time high, with about 75% of adults taking supplements, according to The Council for Responsible Nutrition.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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