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FOR IMMEDIATE RELEASE
Contact:
Nancy White
The Natural Marketing Institute
215.513.7300 ext. 225
Nancy.White@NMIsolutions.com
NMI Reports 2006 Health & Wellness
Industry Sales Approaching $90 Billion
Industry shows impressive growth of 13%
Harleysville, Pa. – The Natural
Marketing Institute (NMI) announced today that retail sales
within the U.S. consumer packaged goods health and wellness
industry reached $89.61 billion in 2006, representing growth
of 13% over 2005. These findings are part of NMI’s
annual Health & Wellness
Trends Database™(HWTD) research
study, conducted in 2006 among 5,800+ U.S. households.
According to NMI President Maryellen
Molyneaux, “Functional/fortified
foods and beverages continue to represent the industry’s
largest category sales. Retail sales for this segment were
$35 billion in 2006 (a growth of 18% over 2005). Natural/organic
personal care continues to show the highest growth of all
health and wellness categories at 24%. Sales increased
from $4.89 billion in 2005 to over $6 billion in 2006 and
are expected to more than double to $15 billion by 2011.”
Organic products showed a 19% increase to over $15 billion,
attributed to increased product offerings in the marketplace,
including both branded and private label products from mainstream
consumer packaged good companies and natural/organic companies
alike.
Based on consumer spending by product segment, consumer
penetration/usage trends, and projected data, industry retail
dollars for 2006 (and growth versus 2005) are as follows:
-
Functional/Fortified Foods & Beverages
: $34.53 billion (18% growth)
-
Vitamins, Minerals, Herbal & Dietary
Supplements: $20.33 billion (4% growth)
-
Organic Products: $15.16 billion (19% growth)
-
Natural Foods/Beverages: $13.54 billion (9% growth)
-
Natural/Organic Personal Care: $6.05 billion (24% growth)
Steve French, NMI Managing Partner, states “The
continued proliferation and convergence of health and wellness
across many consumer packaged goods has created a critical
mass that now reaches a majority of consumers. The role
of nutrition is now a driving force to many, which is being
extended to notions of purity, functionality, sustainability,
and disease prevention, among others.”
This data will be published in April
2007 as part of NMI’s 2007
Health and Wellness Trends Report™ (HWTR). This
comprehensive report contains more than 200 pages of
data and analyzes consumer attitudes, behaviors, product
usage patterns, lifestyles and demographics surrounding
the health and wellness arena. Specific category focus
includes: natural, organic, functional, and fortified
foods and beverages; corporate, social and environmental
factors; weight loss products; sports nutrition; nutritional
supplements; health-related ingredients and health claims;
and sweeteners. New in 2007 is a section devoted to families’ and
kids’ dietary/health needs and dining out at fast
food/restaurant chains as well as expanded analysis of
NMI’s top trends of 2007.
###
NMI is a strategic consulting, market
research, and business development company specializing
in the health, wellness, and sustainable marketplace. For
more information on the HWTR or NMI’s other proprietary research reports and services,
visit NMI’s web site at www.NMIsolutions.com.
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