Herb supplement sales up
This article was originally published in The Tan Sheet
Executive Summary
U.S. sales of herbal dietary supplements in 2007 increased 4.4 percent over 2006, the American Botanical Council says in a May 27 release. Herbal supplement sales across all market channels reached nearly $4.8 billion in 2007, with $268 million of that derived from mainstream food, drug, and mass market retailers, according to data from Information Resources, Inc. ABC founder and Executive Director Mark Blumenthal says the boost in herbal sales indicates "these products are becoming more mainstream and less 'alternative' for millions of people." A full report on the industry data collected by IRI is in the Spring 2008 issue of ABC's journal, HerbalGram...