Business Idea: Start A Nutrition Supplements Business in 2024
Nutrition supplements is a multi-billion dollar market that sells multivitamin tablets and capsules, single vitamin or mineral tablets and capsules, and multivitamins in liquid form.
The nutrition supplements industry is of key importance to humanity and focuses on improving or maintaining health and well-being.
Therefore, starting a nutrition supplements business can be a lucrative opportunity.
To start the nutrition supplements business, identify an audience and decide on the customer acquisition model. Conduct a complete competition analysis and identify the market gaps. You can start making your own nutrition supplements or work with an existing manufacturer as a supply chain consultant.
Revenue & Profitability
How much do nutrition supplements businesses make?
- On average, successful nutrition supplements businesses report $2.98M/year in revenue.
- 100% of nutrition supplements businesses report being profitable.
Startup Costs
How much does it cost to start a nutrition supplements business?
- It can cost as low as $1,000 to start a nutrition supplements business.
- It can cost as high as $1,000,000 to start a nutrition supplements business.
Learn more about the costs of a nutrition supplements business.
Examples Of Successful Nutrition Supplements Businesses
Successful nutrition supplements business businesses and case studies
Heights, a braincare company, has become the #1 rated supplement in the world on Trustpilot, achieving over $500,000 a month just 2 years from launching with 150,000 email subscribers and a retention rate of 79 out of 84 subscribers; the company has also become one of the world's few B Corps.
VADE Nutrition provides on-the-go consumers with convenient and portable Dissolvable Protein Scoops featuring 20 grams of protein, 4.4 grams of branch chain amino acids and only 90 calories, which has expanded from selling only through the website to retail stores and e-commerce sites such as Amazon, BodyBuilding.com, Groupon and GNC.com, culminating in a successful Shark Tank pitching to get a deal with Mark Cuban and A-Rod.
See full list of successful nutrition supplements businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
