RESEARCH: US health spend nears US$39bn by 2008
The US functional health products industry is expected to maintain fairly strong growth over the next five years. A compound annual growth rate (CAGR) of 6.6% between 2003 and 2008 will drive the market value from $28 billion in 2003 to nearly $39 billion by 2008. This is a slight reduction in the growth of the last five years, during which time the industry grew at a CAGR of 8.2%.
Source: Datamonitor, "Functional Food, Beverages and Supplements - Inside-Out Health and Beauty"
Sectors: Soft drinks
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