Health Food & Supplement Store Franchises in the US - Industry Market Research Report
Description
Health Food & Supplement Store Franchises in the US - Industry Market Research Report
Health Food & Supplement Store Franchises
The Health Food and Supplement Store Franchises industry has grown over the five years to 2019 because of its appeal to health-conscious consumers. Health-conscious consumers are increasingly purchasing alternative medicines, diet foods and natural remedies that are not available on traditional retail store shelves (e.g. chain grocery stores). Despite its overall expansion during the period, the industry has grappled with some barriers to revenue growth. Food processing companies are consolidating, which has given them the leverage required to negotiate high-cost supply-side contracts with industry franchises. Over the five years to 2024, industry revenue is forecast to continue growing. Many retailers, such as grocery stores, may expand their product portfolio of organic, non-GMO products to tap into demand from health-conscious consumers, cutting into demand for products sold by industry operators. Despite this, industry franchises will benefit from the burgeoning elderly population focusing on bolstering their health and wellness, spurring consumer demand for nutritional supplements.
This industry sells health food and nutritional supplements.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Health Food & Supplement Store Franchises
The Health Food and Supplement Store Franchises industry has grown over the five years to 2019 because of its appeal to health-conscious consumers. Health-conscious consumers are increasingly purchasing alternative medicines, diet foods and natural remedies that are not available on traditional retail store shelves (e.g. chain grocery stores). Despite its overall expansion during the period, the industry has grappled with some barriers to revenue growth. Food processing companies are consolidating, which has given them the leverage required to negotiate high-cost supply-side contracts with industry franchises. Over the five years to 2024, industry revenue is forecast to continue growing. Many retailers, such as grocery stores, may expand their product portfolio of organic, non-GMO products to tap into demand from health-conscious consumers, cutting into demand for products sold by industry operators. Despite this, industry franchises will benefit from the burgeoning elderly population focusing on bolstering their health and wellness, spurring consumer demand for nutritional supplements.
This industry sells health food and nutritional supplements.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
37 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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