Nutrition Business Journal
Supply sector consolidates as costs climb

Supply sector consolidates as costs climb

Adverse weather, commodity price inflation, regulatory expenses & growing demand prompt mergers in RMIS.

Chalk up 2011 and 2012 as another pair of exceptional years for the nutrition industry. Consumer sales of nutrition products grew 8.4% to $126 billion in the United States in 2011, according to NBJ estimates, and preliminary projections put 2012 growth at 9.0%. On the raw material & ingredient supply (RMIS) side, total nutrition sales boomed 10.5% to $11.3 billion in 2011, the strongest growth the category has experienced since 2008.

For dietary supplements specificall

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