Did you know that more than 50% of facial skin care users are interested in products made from natural food ingredients? Or that half of consumers stock up on immunity boosting supplements before cold season? These are both nutraceutical products, a market comprising 40% of the global industry. Not only are consumers interested in nutraceuticals, they are frequently buying them.
Sales of natural personal products exceed $14 billion a year, and global probiotic sales are projected to reach $39.6 billion by 2018. It’s hard to imagine that such a dominating industry being one of high risk, but unfortunately, it is. With a high chargeback rate, banks are less likely to give money to those associated with nutraceuticals. In this infographic, Bankcard Brokers takes a detailed look into this.
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Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.
