Overview

Picture of health: Rising health consciousness has boosted industry revenue

IBISWorld’s Vitamin and Supplement Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Rising health consciousness and growing demand have boosted industry revenue growth
  • The industry has benefited from supermarkets dedicating more space to vitamins and supplements
  • The industry will derive support from increasing interest in fitness, health and wellbeing

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    The Vitamin and Supplement Manufacturing industry is expected to perform strongly over the five years through 2017-18. The industry has grown due to increased consumer expenditure on vitamins and supplements, and strong export opportunities. The industry is influenced by changes in consumer health consciousness, real household discretionary income and downstream demand from food and other retailers that stock the industry’s products. Factors such as the exchange rate and consumer sentiment can also affect industry demand, revenue and profit margins.

    Rising consumer health consciousness and growing demand have boosted industry revenue over the past five years, with sales of vitamins and supplements increasing at supermarkets, pharmacies and specialist stores...

    shopping_cartBUY NOW TO READ MORE

    What is the Vitamin and Supplement Manufacturing industry?

    The Vitamin and Supplement Manufacturing industry produces general health and wellbeing products, and a growing array of sports and active nutrition products.

    Health and wellbeing products

    Health and wellbeing products represent the industry's largest product segment and includes a range of general health products for oral consumption, including pills, oils, tablets and powdered mixes containing vitamins and supplements. Generally, these products are formulated to assist with sleep and stress relief, boost sexual health, maintain a healthy immune system and promote digestive health. Additionally, a focus on general wellbeing has prompted the introduction of vitamins and supplements that boost energy and promote greater brain activity and cognitive abilities. Thi...

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Vitamin and Supplement Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Vitamin and Supplement Manufacturing Industry are

  • Access to highly skilled workforce
  • Production of goods currently favoured by the market
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Health consciousness and Real household discretionary income in the Vitamin and Supplement Manufacturing industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Top 500 Companies List
    has been released

    Click here for more

    Products & Brands

    Major products in this industry
    Health and wellbeing products
    Sports and active nutrition products
    Examples of brands in this Industry
    BioCeuticals
    Blackmores
    Swisse

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Health consciousness
  • Real household discretionary income
  • Trade-weighted index
  • Demand from supermarkets and grocery stores
  • Consumer sentiment index

  • Current Performance
  • Strong revenue growth
  • Favourable conditions
  • Export growth drivers
  • Profit and participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Expanding product portfolios
  • International trade patterns
  • Changing channels
  • Table: Vitamin and Supplement Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Vitamin and Supplement Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Health Services
  • Supermarkets and Grocery Stores
  • Pharmacies

  • Key Selling Industries
  • Basic Inorganic Chemical Manufacturing
  • Medical and Scientific Equipment Wholesaling
  • Pharmaceutical Product Manufacturing

  • Products & Services
  • Health and wellbeing products
  • Sports and active nutrition products
  • Chart: Vitamin and Supplement Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Export markets
  • Pharmacies
  • Supermarkets
  • Specialty stores
  • Other markets
  • Chart: Major Market Segmentation for the Vitamin and Supplement Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Vitamin and Supplement Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Vitamin and Supplement Manufacturing Industry

  • Industry Globalization
    Major Companies
    Blackmores LimitedSwisse Wellness Pty Ltd
  • Table: Blackmores Limited - financial performance
  • Table: Swisse Wellness Pty Ltd - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Vitamin and Supplement Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Vitamin and Supplement Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Australian Register Of Therapeutic Goods
  • A register administrated by the Australian Therapeutic Goods Administration allowing for the supply of goods registered.
  • Complementary Medicine
  • Under Australian legislation, complementary medicines are classified as a therapeutic good, a form of medication to be taken with conventional medical treatment.
  • Daigou
  • Daigous are shopping agents which purchase products in Australia on behalf of buyers in mainland China. This represents a grey market channel.
  • Functional Supplements
  • Supplements that promote physical development such as muscle gain or enhanced endurance. These are mostly used within the context of sport.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Vitamin and Supplement Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Vitamin and Supplement Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Vitamin and Supplement Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear