Dietary supplement $6 bil. market has potential to double in next three years -- analyst.
This article was originally published in The Tan Sheet
Executive Summary
DIETARY SUPPLEMENT SALES FORECAST "IN EXCESS OF $12 BIL." BY 2001, according to Adams, Harkness & Hill Managing Director of Research Matthew Patsky, who spoke at a symposium on nutraceuticals in New York City Jan. 30. Led by herbal supplements, which is the fastest-growing subsegment, the entire dietary supplement industry is likely to double over the next few years from the $6 bil. in sales it now represents, Patsky predicted. The media symposium, "Nutraceuticals: Strategies, Issues, Potential," was sponsored by General Nutrition Companies.