Supplementary source: Export markets have proved lucrative, supporting strong recent growth

Firms in the industry develop and manufacture a vast range of vitamins and dietary supplements that are used in a variety of consumer goods including capsules, tablets, ready to drink shakes, protein powders and bars. Industry growth over the past five years has mainly been due to rising health-consciousness. A surge in the number of customers seeking to improve general wellbeing and physical appearance has supported demand for vitamins and supplements, whilst innovative product delivery formats, including powders, chewable products, shakes and bars have also been important factors in the industry’s impressive performance...read more.

Industry Statistics & Market Size
Revenue
£961.2m
Annual Growth 15-20
11.7%
Forecast Growth 20-25
Profit
Employment
3,277
Businesses
238

Industry Threats & Opportunities

  • Firms have benefited from strong exports and recommendations from health professionals
  • Products fortified by protein have become increasingly prominent as the traditional market has widened
  • Rising appetite for meal replacements from time-poor consumers is likely to support increased revenue
  • Industry Report - Industry Investment Chapter

    The Vitamin and Supplement Manufacturing industry exhibits a high level of capital intensity with a capital-to-labour of 1:1.14 in the current year. This indicates that for every £1.00 spent on wages, industry operators spend £1.14 on capital equipment. Despite the high level of capital intensity, wages costs are significant in the industry due to reliance on skilled workers during product development. Nevertheless, as revenue has grown significantly and as operators have undertaken rising investment in automation, wages have fallen as a percentage of revenue. UK Vitamin manufacturers have the capacity to produce over two billion tablets and capsules annually as a result of significant investment in automation...purchase to read more.

    Additional Insights for the Vitamin & Supplement Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Vitamin & Supplement Manufacturing Industry are

  • Access to highly skilled workforce
  • Access to high quality ingredients
  • Control of distribution arrangements
  • IBISWorld analysts also discuss how external factors such as Health consciousness and Real household disposable income in the Vitamin & Supplement Manufacturing industry impact industry performance..

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    What's in this report

    What is the Vitamin & Supplement Manufacturing Industry?

    Firms in the industry manufacture vitamins and supplements consumed orally to supplement diets and provide useful nutrients. The industry excludes manufacturers of products required to treat illnesses.

    Industry Products
  • Vitamins
  • Dietary supplements
  • Sports nutrition
  • Meal replacement and weight loss products
  • Other vitamins and supplements
  • Industry Activities
  • Vitamin
  • Supplements
  • Fitness supplements
  • Weight loss supplements
  • Other vitamins and supplements
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Health consciousness
  • Real household disposable income
  • Consumer confidence index
  • Demand from supermarkets
  • Demand from gyms and fitness centres
  • Sport participation

  • Current Performance
  • Recommended growth
  • Supplemented growth
  • Vitalised profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Ageing demand
  • Industry profitability
  • Table: Vitamin & Supplement Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Vitamin & Supplement Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets
  • Dispensing Chemists
  • Gyms & Fitness Centres

  • Key Selling Industries
  • Dairy Cattle Raising
  • Research and Experimental Development on Biotechnology

  • Products & Services
  • Vitamins
  • Dietary supplements
  • Sports nutrition
  • Meal replacement and weight loss products
  • Other vitamins and supplements
  • Chart: Vitamin & Supplement Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Pharmacies
  • Supermarkets
  • Specialty stores
  • Other markets
  • Chart: Major Market Segmentation for the Vitamin & Supplement Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationMarketingOther
  • Chart: Cost Structure Benchmarking – Sector vs Vitamin & Supplement Manufacturing

  • Basis of Competition
  • Internal competition
  • External completion

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Vitamin & Supplement Manufacturing Industry

  • Industry Globalization
    The Hut Group Ltd, Vitabiotics Ltd,
  • Table: The Hut Group Ltd - financial performance
  • Table: Vitabiotics Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Vitamin & Supplement Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Vitamin & Supplement Manufacturing Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Supplements
  • Industry products consumed add to diet or enhance diet.
  • Vitamins
  • Group of organic compounds essential for general health.
  • Whey
  • Liquid remaining after milk has been curled and strained.
  • What Our Customers Say

    Why buy this report?

    The Vitamin & Supplement Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Vitamin & Supplement Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Vitamin & Supplement Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Vitamin & Supplement Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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