The new Nutrition Business Journal Global Supplement Business Report, newly released this week, reveals that U.S. supplement companies should be looking to international markets for opportunities.

Rick Polito, Editor-in-chief

December 12, 2018

1 Min Read
Asian supplement sales outrank US market for the first time

Supplement sales in Asian markets surpassed the U.S. market for the first time in 2017, and emerging markets are showing the strongest growth, according to a new report from the Nutrition Business Journal.

The changes mark another sign that U.S. supplement companies should look to the international markets for opportunities. The newly published NBJ Global Supplement Business Report is designed to support international strategies with data and insight on:

  • Latin America

  • Europe and Russia

  • China

  • Japan and Asia

  • India

  • Africa and the Middle East

  • Australia and New Zealand

NBJ_GSBR.PNGThe United States has long been the dominant market for supplements, but that could be changing as Asian countries, particularly China with its growing middle class, show an increased willingness to spend on supplements–and a taste for U.S. brands. The collective Asian market, a wide geographic swath that includes Japan, China and India, surpassed the U.S. market for the first time in 2017, totaling up to $43.5 billion to the U.S. market’s $43.4 billion. Africa and Russia/Eastern Europe stand out as strong growth areas, with supplement sales in Africa rising 9.1 percent, while Russia topped all regions for growth with a 9.4 percent increase in sales.

All of this information and more than 100 charts detailing sales by category in regions around the world is available in the NBJ Global Supplement Business Report.

You can purchase the report and other NBJ materials at www.nutritionbusinessjournal.com, or contact NBJ Business Development Manager Cindy Van Schouwen at  [email protected] (303) 998-9305

About the Author(s)

Rick Polito

Editor-in-chief, Nutrition Business Journal

As Nutrition Business Journal's editor-in-chief, Rick Polito writes about the trends, deals and developments in the natural nutrition industry, looking for the little companies coming up and the big money coming in. An award-winning journalist, Polito knows that facts and figures never give the complete context and that the story of this industry has always been about people.

Subscribe and receive the latest updates on trends, data, events and more.
Join 57,000+ members of the natural products community.

You May Also Like