Dietary Supplement Industry Net Worth

The 11 8 billion estimate that tabs group ceo kurt jetta announced last week is way off target.

Dietary supplement industry net worth. The uk vitamins and supplements market enjoyed growth in 2015 with value sales rising 2 2 to 414 million usage of vitamins and supplements increased in 2015 16 with 65 of all adults having taken some form of vitamin or supplement either daily or on an occasional basis in the 12 months ending june 2016 vs 63 in the previous year. Let s get this out of the way. An industry funded report that looks beyond the checkout as a means of determining an industry s value has come up with a figure of 61bn for the us dietary supplements industry nearly three.

Dietary supplement usage in u s. Courthouse in atlanta home of the 11th circuit court of appeals. 2020 packages of pure protein energy diet snacks eaten in the.

We speak to industry professionals to find out what is spurring this growth and to get their expert predictions for the future of supplements. Maximum human performance mhp founded. Maximum human performance is the result of a partnership between long time friends gerard dente a professional bodybuilder and hormone supplement expert and medical professional vincent giampapa md who is also the founder of the revolutionary american academy of anti aging medicine.

The size of the us supplement industry is roughly 36 7 billion. Revenue from vitamin and nutritional supplement production reached nearly 31 billion dollars in the united states in 2018 and the industry is set to add over a billion more in revenue in 2019. Adults by healthy habits 2019 amount of nutritional snacks granola fruit etc eaten in the u s.

Grow how this nutrition company jumped from 120 000 to 20 million in sales jay cohen decided to exit the nutritional supplement industry but came back and figured out a way to generate eight. Reputed to be worth 50 billion globally dietary supplements are one of the fastest growing areas in the consumer health market.