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From ‘wearables to ther-ables’
Unit shipments for wearable devices were expected to drive about $32 billion in revenue by 2019 — more than three times the $10 billion in revenue the market saw in 2013, according to a 2015 IHS Technology white paper on the wearables market. Beside the business applications IHS identified, it also focused on consumer possibilities in the wearables market — as fitness trackers, health data collectors and beyond.
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Q&A: Opportunities in alternatives with Piping Rock's Scott Rudolph
With more than 150 million consumers purchasing one or more dietary supplements, the vitamins, minerals and supplements business has grown to $6.6 billion on 4.4% growth across total U.S. multi-outlets for the 52 weeks ended Nov. 29, 2015, according to IRI. And still, the supplement business is a dynamic category with a number of untapped growth opportunities.