You are here: Home » News » Plant Extract Industry Trends » U.S. Herbal Supplement Retail Sales Grow by 7.7% in 2016
November 07, 2018
Research on Effect of Soybean & Green Tea Intercropping
Research on Effect of soybean & green tea intercropping ------Golden Horizon Biologics Welcome to our green tea plantation:GHB operates its own plantations and laboratory since 2015. We always focus on how to bring natural extracts to the world. Our main natural extracts incl
January 10, 2020
2020 Exhibition Schedule--Golden Horizon Biologics
We're highly grateful to your supports to our expanding partnership. Looking forward to a prosperous 2020 with you! Stay tuned!Are you going to show up at events that listed below in 2020? Please drop me a line, and we’ll be extremely happy to meet you there:Natrual Prodcuts Expo West, Mar 3rd-7th,
January 12, 2021
Can Inulin Increase The Feeling Of Fullness In Children?
Inulin is a reserve polysaccharide of plant species, mainly derived from plants. It has been found that more than 36,000 plants are rich in inulin.A study published in the American Journal of Clinical Nutrition shows that inulin can increase the feeling of fullness in children, thereby achieving wei

U.S. Herbal Supplement Retail Sales Grow by 7.7% in 2016

Views:6     Author:Golden Horizon (Chengdu) Technology Co., Ltd.     Publish Time: 2017-09-19      Origin:Golden Horizon (Chengdu) Technology Co., Ltd.

Austin, TX — Consumers in the United States spent an estimated 7.7% more on herbal dietary supplements in 2016 than in the previous year, according to the recently published HerbalGram Herb Market Report for 2016.

The report, which appears in issue 115 of the American Botanical Council’s (ABC’s) quarterly, peer-reviewed journal HerbalGram, shows strong, continued growth for these products, with total U.S. retail sales surpassing $7 billion for the first time, reaching a total of $7.452 billion in 2016.

The American Botanical Council’s annual market report for herbal supplement sales is based on US retail sales data from the Chicago, IL-based market research firms SPINS and IRI, as well as Nutrition Business Journal (NBJ), a publication of Informa/New Hope Natural Media based in Boulder, CO.

The report covers only retail sales of herbal dietary supplements and does not reflect the sales of most herbal teas, botanical ingredients used in cosmetics, or government-approved herbal drug ingredients in over-the-counter medicines.

NBJ based its total herbal supplement sales figures for 2016 on data from market research firms, company surveys, interviews with major retailers and industry experts, and various published and unpublished secondary material. SPINS worked with IRI to determine sales of herbal supplements in mainstream retail outlets, which include military commissaries, select buyer’s clubs, and so-called dollar stores. The collaborative SPINS/IRI reporting does not include convenience store sales.

Herbal supplement sales in mainstream US retail outlets in 2016 totaled approximately $943.9 million, according to SPINS and IRI. NBJ, which includes different sources in its dataset, determined a higher total of $1.336 billion in mainstream sales for 2016. Horehound (Marrubium vulgare), an herb commonly found in natural cough drops and lozenges, ranked first in total mainstream US retail sales for the fourth consecutive year. Wheatgrass (Triticum aestivum) and barley (Hordeum vulgare) in combination experienced the strongest mainstream sales growth in 2016, with a 131.9% increase in sales from the previous year.

“This report documents the consistent growth of consumer demand for natural remedies, as evidenced by the increased sales of herbal dietary supplements,” said Mark Blumenthal, founder and executive director of ABC. “This is indicative of a well-demonstrated, long-term trend toward natural medicine and consumers’ interest in taking responsibility for their own health via the responsible use of herbal medicine as an integral part of self-care.”

HerbalGram’s market report also details the top-selling and fastest-growing herbal ingredients in US natural and health food outlets in 2016. Natural product trends that may help explain some of the largest percentage sales increases for particular herbs are also discussed. The report explores the increasing consumer familiarity with Ayurvedic ingredients, the rise of adaptogenic herbs, shifting preferences toward supplements that support overall health and wellness, and the growth of herbal products with bitter properties and digestive health benefits.

The report is available for free, in both PDF and HTML versions, on the ABC website.

  • Dietary Supplements
  • Food & Beverage
  • Animal Feed Additive
  • Flavor&Fragrance

QUICK LINK

CONTACT INFO

 Tel: +86 28-86981346
 E-mail: jessie.z@gh-biologics.com
 Phone: +86 13708068125
 Add: Unit  410, Floor4, Towers 2 Building, Hong Xing Guo Ji, No 69, Qingyun South Road, Jinjiang District, ChengDu, P.R. China, 610021

SUBSCRIBE

Be the first to know about our lastest products.
Copyright © Golden Horizon Technology Co., Ltd.               Terms & Conditions