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Vitamin and Supplement Stores in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Vitamin and Supplement Stores Market Research Report | Consumer Goods & Services | Lifestyle Goods Stores | Aug 2016

Bitter pill: Strong external competition is reducing industry revenue despite higher demand

IBISWorld’s Vitamin and Supplement Stores market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Eu Yan Sang Australia Pty Ltd Eu Yan Sang Australia Pty Ltd market share
Go-Vita Health & Nutrition Centres Go-Vita Health & Nutrition Centres market share
Mass Training Facility Mass Training Facility market share
Worldwide Sports Nutrition Worldwide Sports Nutrition market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

The Vitamin and Supplement Stores industry has had an uneven performance over the past five years. Demand for vitamins and supplements has been growing, supported by rising health consciousness among consumers and increased gym memberships. These trends have supported revenue growth over the past three years, including an expected 2.7% increase in 2016-17. However, strong sales growth from competing pure-play online retailers, supermarkets and pharmacies has constrained growth over the past five years. These competitors have lower marginal costs and have undercut the prices of industry operators. Industry operators have been forced to reduce prices to retain customers over the past five years... purchase to read more

Industry Report - Industry Products Chapter

The Vitamin and Supplement Stores industry provides a range of products and services for customers. The industry's products can be broadly segmented into four areas: health and wellbeing, fitness and weight loss, sports nutrition and health foods. Stores typically employ knowledgeable staff, sometimes with qualifications in nutritional science, to advise customers on the most suitable industry products to purchase. Certain industry segments have performed strongly over the past five years, as health consciousness has grown among consumers.

Health and wellbeing products

The health and wellbeing segment includes a range of general health products. Health and wellbeing products include women's, men's and children's multivitamins and herbal supplements... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Vitamin and Supplement Stores Industry?

This industry includes bricks-and-mortar stores that primarily sell vitamins and supplements, along with related health foods. Online sales are included if the company also operates a bricks-and-mortar store. Pure-play online vitamin and supplement retailers are not included in the industry.

Industry Products
Health foodsHealth and wellbeing productsFitness and weight loss productsSport nutrition products
Industry Activities
Selling vitamins and mineralsSelling nutritional supplementsSelling sports supplementsSelling health foods

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