Business Idea: Start A Vitamin Shop in 2024
The global dietary supplements market is expected to expand at a compound annual growth rate of 8.9% in the next few years. Increasing consumer awareness of personal health and wellbeing remains the key driving factor for dietary supplements. Besides, the working population is struggling to fulfill the daily nutrient requirements.
Therefore, starting a vitamins and supplements business can be lucrative if you do it right. Choose a target market and evaluate the current competition to start a supplements business. You can partner with a vitamin supplier or develop your line of supplements.
Examples Of Successful Vitamin Shops
Successful vitamin shop businesses and case studies
Vitafive, a direct-to-consumer custom gummy vitamin pouch business founded by 21-year-old Nik Hall and his business partner, Garret, reached a seven-figure business and will earn $3m in revenue in 2021, despite starting with only 31 orders after launch, with a focus on Facebook and Instagram marketing, and expanding into retail with eco-friendly packaging.
See full list of successful vitamin shops.
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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.