U.S. nutrition industry grows despite recession

Bucking the recession, the U.S. nutrition industry grew 8.7% to $101.8 billion in 2008, according to the latest research from Nutrition Business Journal. The supplement category was the only one tracked by NBJ that showed higher growth in 2008 than in 2007. U.S. sales of dietary supplements grew 6...

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Gloomy Economy Has Yet to Dim Supplement Sales

The cratered economy is dishing out bad economic news for almost every product category. Car sales, restaurant visits, jewelry and clothing purchases—they all were down in 2008 and are expected to fall further in 2009, as this big, bad recession gets worse before it gets better. As a bit of bright light in an otherwise gloomy consumer environment, however, dietary supplements appear to be bucking the negative sales trend in the United States, according to the most recent sales data from Nielsen Co...

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NBJ Reviews the $25 Billion U.S. Supplement Market

2009-10-16 - Nutrition Business Journal (NBJ)

Last year’s economic implosion didn’t offer many silver linings for businesses, but one positive effect of the recession for the U.S. nutrition industry was the spike in consumer interest in dietary supplements. Some predicted that consumers’ falling disposable income would hamper dietary supplement sales, but in fact the opposite actually occurred...

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Industry News

The Congressional Dietary Supplement Caucus, in cooperation with the Council for Responsible Nutrition and the Natural Products Association, last month hosted a lunch briefing aimed at educating Congressional staffers on important issues related to the dietary supplement industry...

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