The Health Food and Supplement Store Franchises industry has grown over the past five years because of its appeal to health-conscious consumers. For example, 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). This trend provides a lucrative market for franchises. Moreover, many health food and supplement store franchises have expanded their ancillary product offerings. During the five years to 2020, industry revenue is forecast to grow. 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.