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George brooks who is also the creator of the compound polylactate.
Health supplement industry companies. Market size industry statistics. The vitamin and supplement brands are so popular because this is an evergreen industry there is more demand for products related to health and wellness. The vitamin and supplement industry includes companies that make consumer goods that can be purchased without a prescription.
Health and wellness is an evergreen niche. With a guarantee of 100 authentic products that are of the finest quality being made easily available to the customers at a highly competitive market price the brand s success is no surprise. For example the global revenue of such mlm companies is going to be around 250 billion in coming years.
The vitamin mineral and health supplement vmhs category includes alphabet vitamins multi vitamins aromatherapy herbal extracts and macrobiotic homeopathic herbal and botanical remedies. Currently their most famous products are animal cuts and animal pack which come with a money back guarantee. The industry has continued to grow rapidly over the past five years benefiting from increased demand from a growing health conscious consumer base and an aging population.
Major products sold in health supplement stores include vitamins minerals and dietary supplements about 80 of us industry sales and grocery items. 1 the recent increase in health care expenses have also encouraged consumers. A positive outlook toward the sports nutrition market is also among major driving factors.
The global dietary supplements market size was estimated at usd 123 28 billion in 2019 and is projected to expand at a cagr of 8 2 during the forecast period. Industry market size for food health supplement stores. Health supplements industry health supplements industry on the rise leading fitness company pigi observes sales surge.
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