Natural Health Product Business

Business Idea: Start A Natural Health Product Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$188K
Avg Startup Costs
$23.4K
Score
78
Avg Revenue
Min Revenue
$35K/month
Max Revenue
$500K/month
Avg Days To Build
180 days

A natural health products business covers many products, including foods, supplements, drinks, and weight management products. Typically, natural health products go into the production of drugs.

It is easy to imagine why you would want to start your own natural health products business. First, health and wellness are hot topics right now. Everyone wants to be happy and healthy regardless of background, culture, or economic status. Second, the natural health products industry will exhibit a CAGR of 5.3% and reach over 32 billion in the next few years.

Therefore, the natural health products business can be a profitable venture. To maximize profitability, focus on providing health products that solve the problems experienced by your target customers.

Revenue & Profitability

How much do natural health product businesses make?

Startup Costs

How much does it cost to start a natural health product business?

  • It can cost as low as $1,999 to start a natural health product business.
  • It can cost as high as $500,000 to start a natural health product business.

Learn more about the costs of a natural health product business.

Examples Of Successful Natural Health Product Businesses

Successful natural health product business businesses and case studies

Aspiring founders can learn from how Herbal Goodness grew from a single product to a six-figure superfood brand by leveraging organic ingredients like papaya leaves and seeds, utilizing strategic partnerships, and maintaining patience and persistence, achieving impressive revenue growth from $300 in their first year to over $30,000 in the second year.

$500K Monthly Revenue
Read by 6,053 founders

A beauty and wellness brand based on Ayurveda, Auric, is making 150,000 sales per month after launching in September 2018 and is currently 95% bootstrapped, with the company focusing on social media and D2C strategies and driving traffic to its website to understand its end consumer.

$300K Monthly Revenue
$500K Startup Costs
Read by 9,345 founders

See full list of successful natural health product businesses.