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Health Stores in the US Industry Market Research Report from IBISWorld Has Been Updated
Date:9/16/2013

line retailers intensifies and drives down prices. Nonetheless, the industry continues to benefit from several trends that will continue to drive industry growth going forward. Favorable attitudes toward healthy living and the aging population, for example, are anticipated to continue aiding demand for health stores. Meanwhile, healthcare reform, a frequent topic in the healthcare sector, will encourage the use of preventive care and alternative medicine, driving demand for dietary supplements.

Despite recent acquisitions and mergers, the Health Stores industry has a low level of market share concentration. The major companies in this industry include General Nutrition Centers (GNC) and Vitamin Shoppe Inc. The industry is highly fragmented because of the specialty nature of health stores. Specialty health retailers typically cater to a more sophisticated customer by focusing on selection and customer service, while the mass merchants generally offer a limited assortment composed of more mainstream products with less customer care. The more customized nature of the industry makes it difficult to achieve a large national presence, in that products must be monitored closely and staff must be trained and educated. Many health stores also specialize in a small range of products, such as sports nutrition or convalescent aids.

For more information, visit IBISWorld’s Health Stores in the US industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld.

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This industry includes retailers that primarily sell health and personal care products. Examples include nutritional supplement stores, convalescent and prosthetic supply stores
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