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Health and Wellness Equals Big Business

July 7, 2008
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The National Marketing Institute (NMI), Harleysville, Pa., said retail sales within the consumer packaged goods health and wellness industry reached $102 billion in 2007, representing 15 percent growth over 2006. The findings, part of NMI’s annual “Health & Wellness Trends Database” research study, cover functional/fortified foods and beverages; vitamins, minerals, herbal and dietary supplements; organic foods/beverages; natural foods/beverages; natural/organic personal care; and natural/organic general merchandise.

NMI said it expects the double-digit growth of the health and wellness marketplace to continue, with sales projected to reach $170 billion by 2012.

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