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Vitamin & Supplement Manufacturing in the US - Industry Market Research Report

  • ID: 1842514
  • Report
  • December 2019
  • Region: United States
  • 42 Pages
  • IBISWorld
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Healthy forecast: An aging population and growing health concerns will supplement growth

FEATURED COMPANIES

  • Nature's Bounty Co.
  • MORE

Vitamin & Supplement Manufacturing in the US

The Vitamin and Supplement Manufacturing industry has grown over the five years to 2019 as Americans have become increasingly health-conscious and supplement manufacturers have continued to introduce new products. Rising pharmaceutical drug prices, increased media coverage on health and wellness trends and rising research on diet-related illnesses have encouraged consumers of all ages to turn to dietary supplements. However, several scandals and regulatory hurdles during the latter half of the five-year period have caused some mainstream consumers to become skeptical of product safety and efficacy. Over the five years to 2024, the industry will continue to benefit from the same trends that have supported its growth in the past, including increasing health expenditure and growing mainstream interest in wellness and nutrition. However, the industry is likely to contend with increased regulation and public scrutiny in the coming years.

Vitamin and supplement manufacturers primarily develop and manufacture products that are consumed by mouth and contain an ingredient intended to supplement the diet. Key groups within this industry include standard vitamin and mineral supplements, as well as sports nutrition products and herbal supplements. This industry excludes manufacturers of energy drinks, infant formula and prescription or over-the-counter (OTC) medications used to prevent or treat illnesses.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Nature's Bounty Co.
  • MORE
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
Note: Product cover images may vary from those shown
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  • Nature's Bounty Co.
Note: Product cover images may vary from those shown
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