Nutrition Business Journal
U.S. Sales of Herbal Supplements Decline Slightly in 2022
A report co-authored by the American Botanical Council (ABC, Austin, TX), SPINS (Chicago, IL) and Nutrition Business Journal (NBJ, Boulder, CO) stated retail sales of herbal supplements in the United States totaled an estimated $12.121 billion in 2022, a 1.9 percent decrease over the previous year. This marks the first time in almost 20 years […]
WIN Awarded for Efforts on Behalf of Industry by NBJ
Women In Nutraceuticals (WIN), a non-profit initiated by global nutraceutical leaders and advocates for gender parity in the industry, has been recognized with the Nutrition Business Journal (NBJ) award for Efforts on Behalf of Industry in 2022. NBJ Editor-in-Chief Rick Polito stated, “Explaining how more women in leadership positions could be a viable boost for […]
OTA Survey Shows Organic Food Sales Surpassed $60 Billion in 2022
On May 10, the Organic Trade Association (OTA) released its 2023 Organic Industry Survey, which showed that organic food sales surpassed $60 billion for the first time. Total organic sales, including organic non-food products, reached a record $67.6 billion, the survey reported. According to the association, the organic market grew despite several challenges: inflation, supply […]
U.S. Herbal Supplement Sales Increased by 9.7 Percent in 2021
Annual sales of herbal dietary supplements in the United States totaled $12.350 billion in 2021, according to the American Botanical Council’s (ABC’s) 2021 Herb Market Report. This represents the highest recorded annual spending on these products in the United States and a 9.7 percent increase from the previous year—the second-highest annual sales growth for herbal supplements since […]
U.S. Sales of Herbal Supplements Increase by 7.7 Percent in 2016
Consumers in the United States spent an estimated 7.7 percent more on herbal dietary supplements in 2016 than in the previous year, according to the recently published HerbalGram Herb Market Report for 2016. The report, which appears in issue 115 of the American Botanical Council’s (ABC’s) quarterly, peer-reviewed journal HerbalGram, shows strong, continued growth for […]
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