Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Health & Wellness Market Generated $112 Billion in 2008 - Nutraceuticals World

What are you searching for?

Sign in
Market Updates

Health & Wellness Market Generated $112 Billion in 2008

Author Image

By: Sean Moloughney

Editor, Nutraceuticals World

U.S. retail sales for the consumer packaged goods health and wellness industry reached more than $112 billion in 2008, representing growth of 9% over 2007, according to the Natural Marketing Institute (NMI), Harleysville, PA. Based on consumer spending by product segment, consumer penetration/usage trends and projected data, industry retail dollars in billions for 2008 (and growth versus 2007) are as follows: functional/fortified foods and beverages: $40.5 (5%); organic foods/beverages: $24 (18%); vitamins, minerals, herbal and dietary supplements: $23 (7%); natural foods/beverages: $15 (4%); natural/organic personal care: $8 (7%); natural/organic general merchandise: $2 (32%). These findings are part of NMI’s annual Health & Wellness Trends Database (HWTD) research study, conducted in the fourth quarter of 2008 among 5709 U.S. households. NMI projects that the health and wellness industry as a whole will remain relatively stable over the next five years, growing at approximately 7% each year.

Add us as a preferred source on Google

Get the latest Nutraceuticals World news, insights and analysis in your Google Search and AI experiences.

Add Nutraceuticals World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nutraceuticals World Newsletters

Topics