For entrepreneurs looking for regular cash flow, the $40 billion dollar supplement industry is quite profitable. The dietary supplement industry has been creating good-paying jobs and growing rapidly for decades. Here are the most popular products that you can create and start your own business.
Fitness and Protein
The market for protein powders has exploded the past several decades. Bodybuilding used to be a niche activity, but it has become quite popular globally. Activities such as CrossFit, and other physical programs are growing.
The demand for private label protein drinks has risen in conjunction, providing opportunities for influencers and entrepreneurs in the space. Third-party companies make protein powders in bulk and then ship the raw ingredients off to suppliers who package them up and turn them into branded protein products. You can focus on marketing and setting up the supply chain and outsource the rest.
Life Longevity
While there is no substitute for a healthy diet and exercise to help you live longer disease-free, increasing body of scientific evidence suggests that certain supplements can boost the effectiveness of diet and regular activity.
The list of possible compounds is enormous. The vast bulk of them come from regular plant foods already in your diet. Prominent examples include curcumin from the spice turmeric and pterostilbene from blueberries.
As the world gets older and wealthier, and the science of anti-aging and living longer becomes more mainstream, the demand for supplements like these will explode. Entrepreneurs who can get in early can put themselves at a distinct advantage.
Pain Reduction
Modern, opioid-containing pain relief medications are useful but also highly addictive. Every day, around 46 people in the US alone die from opioid overdoses – a staggering figure.
There’s a drive to find pain relief alternatives that don’t have the same damaging side effects. So far, the number of natural compounds that fight pain are few and far between, but there are many that combat inflammation – a common source of discomfort.
Entrepreneurs who can package up and sell natural “anti-inflammatories” may be able to find a large market. One where you can enjoy large returns and a diversified income stream.