Tuesday, June 8, 2010

Sales Up

(NaturalNews) Sales of alternative medical products are on the rise in spite of -- and perhaps in part because of -- tough economic times.

According to a study reported in The Daily Mail, the British alternative medicines market has grown by 18 percent in the past two years, to a yearly value of £213 million ($333 million). This value is expected to rise to £282million, or another 33 percent, in the next four years. This increase has been seen across the board, even in less well-known treatments such as traditional Indian ayurvedic medicine.

In the United States, retail sales of vitamins and supplements totaled almost $639 million between October and December 2009, a nearly 10 percent increase from the same period in 2007. Sales of herbal supplements have increased 6 percent. The true scale might even be higher, as the figures do not include sales from Wal-Mart or club stores, where people are more likely to turn when there budgets become more restricted.

This increase is particularly striking given the overall downward trajectory of spending in that same time period.