According
to the 2011 Harris Poll, more US adults now possess a high level of health
consciousness compared to the previous years. The survey also found that 42
percent of the respondents prefer organic products, while 71 percent said they
prefer locally-sourced produce. As more Americans are now determined to sustain
their wellness with healthy products, there is also an increasing demand
for nutraceuticals like vitamin and food supplements.
Retailers
like pharmacies and grocery stores often only offer branded nutraceuticals.
Unfortunately, these brand names are expensive, leaving retailers little room
to gain profit when they sell the products. The good news is they can turn to
white label companies for help.
White
label firms have actually been around for several decades, but they were
largely known to serve clothing stores and the like. Now, there are white label
companies that manufacture nutraceuticals and then sell them to retailers, who
then have the right to repackage and rename the items as their own. Some of
these private label firms even offer full services including formula
development, packaging, label design, and shipping. This way, retailers are
able to turn a considerable amount of profit, while offering low-cost
alternatives to more expensive brands.
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