It’s safe to say the supplement industry is booming. In fact, it just surpassed $120B and is projected to reach $230.7 billion by 2027, according to a new report by Grand View Research Inc. The main drivers of this massive growth are the ever-increasing global obesity rate and the considerable rise of fitness centers and gymnasiums – a growing health...
The adoption of a law, commonly known as the farm bill, in December 2018 legalized domestic industrial hemp, gave a much need boost to those in the struggling agriculture industry, and gave a generous hoist to Senate Majority Leader Mitch McConnell’s 2020 re-election campaign. Prior to the new law, McConnell, who proudly touts himself as a politician not a public...
The nutraceuticals industry continues to grow and is expected to have a bright future. According to Euromonitor International, a global market intelligence publisher that provides market research reports, statistics and online information systems on industries, countries, and consumers, the US vitamin and dietary supplement market is projected to grow by 53% to $28.7 billion by 2021. Nutraceuticals Industry Each year,...
Zion Market Research shows the global dietary supplements market is projected to grow at a compound annual growth rate (CAGR) of 8.8% from 2017 to 2022. The market revenue accounted for 132.8 billion in 2016, and it’s expected to reach $220.3 billion by 2022. Asia-Pacific was the biggest market for dietary supplements in 2016. It represented over 31% share of...
The Global Herbal Supplements and Remedies production value has reached 6213 million USD in 2016; it made up 5103 million USD in 2011. The Global Herbal Supplements and Remedies demand is projected to develop with an average growth rate of nearly 4.5% in the next 5 years. Herbal Supplements and Remedies Market Report Those interested in the international market trends...
Americans are investing in their health more than ever. According to the Center for Disease Control (CDC) one-third of Americans are overweight. This has created a huge demand for weight loss solutions that include weight loss supplements, healthy foods and drinks, and more. Despite achieving unbelievable profits, weight loss supplement merchants are still considered “high risk” and are subjected to...
According to the Centers for Disease Control (CDC), over 33 percent of Americans are overweight. But Americans have started to invest in their health and the weight loss market is booming. The weight loss supplement industry in particular is on the rise. Supplements and vitamins like Raspberry Ketones, Hydroxycut, Garcinia Cambogia, and more are flying off the shelves. This has...
There are many types of businesses that one could start. From e-cig businesses to hair salons to online dating websites, the possibilities are endless. One of the hottest, but looked over, business opportunities is herbal supplement sales. From online sales to pop-up shops to brick and mortar stores, your business housings are as big as your imagination. The herbal supplement...
