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Are supplements recession proof? Industry leaders know that’s the wrong question. There’s too much else at play.

If you are having trouble reading this email, read the online version Are supplements recession proof? Industry leaders know that’s the wrong question. There’s too much else at play. Nutrition Business Journal released our Special Report: Supplement Market Economy Update 2023 and it's available for only $1,495! We’ve revised our projections in an unprecedented “mid-year” update, and it’s tough news across the industry. Growth estimates dropped from 4.2% to 1.7% for 2022, and 2023 will remain slow before anticipated recovery in 2024. GDP is strong and unemployment is low, but inflation is real and supplement supplies are overstocked from ingredient suppliers all the way down to consumer cabinets. It’s not just about recession and it’s a confusing picture for the supplement industry—especially after the pandemic-driven sales boom of the past three years. How does this all play into what's to come? Dive into this special report to see what shifts are predicted in the supplement industry. Prepare for the upcoming market shifts NBJ speaks about our revised forecast and updated consumer surveys How does this apply to the current economic climate? In part one of our three-part series, enjoy downloadable charts and expert commentary on the whys around the survey data from the following industry leaders. Watch Economic State of the Industry Part 1 Now! Recent Reports Herbs and Botanicals Report Global Supplement Business Report Interested in more information or have questions about one of NBJ's reports? Connect with us here and we will get back with you as soon as possible. This email was sent to you by the Informa Markets Division of Informa PLC (Privacy Policy). Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726. If you do not wish to receive further information from us, please click here. Alternatively, to contact our data services team to have your details or preferences updated please email [email protected].