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Thursday, 02 April 2020
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The News and Media Division of The Insight Partners
Wednesday, 11 Mar 2020 03:00 pm

Having Trouble Finding Hand Sanitizer? You're Not Alone! New Retail Sales Data from SPINS Points to a Sharp Increase in Consumer Spending on Wellness Focused Products, Trend Expected to Continue

Purchases of hand sanitizer are up 81% at natural retailers and 44% at conventional; immune boosters are up 13% at natural and 6% at conventional

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Calls for the public to increase virus prevention appears to not be falling on deaf ears as newly released consumer spending data shows an upward shift in consumer spending on health and wellness related products. SPINS®, the leading provider of wellness-focused data and marketplace intelligence, looked at five segments directly related to virus prevention & care and found an uptick in consumer spending in February 2020 over 2019*, products included:

1.   Hand Sanitizer:

  • Up 81% in natural retail stores
  • Up 44% in conventional outlets

2.   Immunity-boosting vitamins, supplements and remedies

  • Up 30% in natural retail stores
  • Up 6% in conventional outlets

3.   Cold & flu vitamins, supplements and remedies

  • Up 8% in natural retail stores
  • Up 19% in conventional outlets

4.   Allergy & respiratory vitamins, supplements and remedies

  • Up 33% in natural retail stores
  • Up 21% in conventional outlets

5.   Vitamin C vitamins, supplements and remedies

  • Up 17% in natural retail stores
  • Up 14% in conventional outlets

"The good news is that consumers are listening to health experts and are adding an additional layer of protection in their quest to prevent themselves from getting sick," said Tony Olson, owner and CEO of SPINS. "Our data also points to the role our natural retailer partners are playing in the preventative health and wellness decisions of consumers – large numbers turning to specialty and natural retailers over conventional outlets."

Tags Hand Sanitizer SPINS Virus prevention Coronavirus

Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


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