The US functional health products industry is expected to maintain fairly strong growth over the next five years.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
A compound annual growth rate (CAGR) of 6.6% between 2003 and 2008 will drive the market value from US$28bn in 2003 to nearly $39bn by 2008.
This is a slight reduction in the growth of the last five years, during which time the industry grew at a CAGR of 8.2%.
GlobalData Strategic Intelligence
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
Source: Datamonitor, “Functional Food, Beverages and Supplements – Inside-Out Health and Beauty”
