CNBC
CNBCApr 2
Tech

How Thorne Became One Of Gen Z's Favorite Wellness Brands

3 min video5 key momentsWatch original
TL;DR

Thorne, a 42-year-old supplement company, has become a Gen Z darling by selling lifestyle and optimization rather than vitamins, capitalizing on younger consumers spending 1.5x more on wellness than their parents.

Key Insights

1

generational spending shiftGen Z spends 1.5 times more on wellness products than their boomer parents, flipping the supplement industry's customer base upside down after decades of catering to older consumers.

2

lifestyle over productThorne doesn't sell creatine or magnesium in its marketing. It sells performance, optimization, and a lifestyle — the actual product barely appears in ads because the brand understands what gets Gen Z's attention.

3

certification as differentiatorGen Z shoppers are sharper than older consumers about supplement safety. They demand independent certifications and testing data, forcing brands to prove credibility in an industry the FDA doesn't actually regulate.

4

product stacking strategyStacking products drives revenue. Thorne sells personalization by having customers layer supplements on top of each other, which feels customized but also means higher basket sizes.

5

sports league partnershipsSports partnerships with UFC and Miami Open legitimize supplements in ways individual athlete endorsements can't. League-level deals signal institutional credibility and make taking vitamins feel aspirational.

6

exit strategy optionsThorne went private under L Catterton a few years ago, and CEO Colin Watts signaled an IPO or strategic acquisition are both on the table depending on market conditions and valuation.

Deep Dive

The Gen Z Wellness Revolution

For decades, vitamin companies sold to boomers. Now Gen Z and millennials are spending 1.5 times more on wellness products than their parents, and Thorne is riding that wave. The shift reflects a generational obsession with optimization, better sleep, less anxiety, and workout performance. CNBC notes this wasn't accidental. Thorne is really selling a lifestyle, not pills. You won't see a bottle of magnesium in their marketing materials. You'll see good-looking people, performance narratives, and cool branding designed specifically to cut through noise in a crowded market.

Marketing Over Molecules

Thorne's secret isn't superior science. It's that vitamins have become cool. The brand partnered with the UFC and Miami Open, treating supplements like performance gear rather than medical products. These league-level deals carry more weight than individual athlete endorsements because they feel institutional. Gen Z is also sharper about shopping than previous generations. They dig into independent certifications and testing data because they know the FDA doesn't regulate supplements for safety and efficacy. Thorne leans into this skepticism by showcasing its credibility, turning regulatory gaps into marketing advantages.

The Stacking Game

Thorne sells personalization by encouraging customers to layer products on top of each other. You buy this vitamin, then add that mineral, then stack on another supplement. It feels tailored to individual needs, which Gen Z loves. For Thorne's bottom line, it also means bigger orders. The products aren't cheap either, so the margin math works in the company's favor. Consumers accept the stacking because they believe it's customized for them, not because Thorne is engineered it to maximize revenue per customer.

What's Next: IPO or Acquisition?

Thorne went private under private equity firm L Catterton after being public a few years ago. CEO Colin Watts told CNBC that an IPO could work if markets and valuations align, but a strategic acquisition also makes sense. Large companies might buy Thorne as a powerful wellness asset to bundle with their existing portfolios. Watts didn't pick a lane, which is typical PE-speak for keeping all exits open. The real question is whether wellness is durable or a trend, but the longevity conversation, biohacking fervor, and research advances suggest it has staying power beyond the hype cycle.

Takeaways

  • Gen Z's wellness spending is structural, not cyclical. They spend 1.5x more than their parents, suggesting the market shift is real and unlikely to reverse.
  • Trust and credibility are the actual moat. In an unregulated market, independent certifications and testing beat product innovation for winning Gen Z customers.
  • Sports partnerships and lifestyle branding matter more than the supplement itself. Thorne's UFC and Miami Open deals legitimize the category in ways traditional advertising can't.
  • Watch for an exit within the next few years. Thorne's private equity owner will likely push toward either an IPO or strategic acquisition depending on market windows.

Key moments

0:15The generational spending gap

millennials and Gen Zs who are spending 1.5 times more than their parents did on wellness products

1:15Marketing philosophy

if you look at some of Thorne's marketing materials, you don't even see vitamins in there. It's just about performance and good looking people

2:00Gen Z skepticism as advantage

Gen Z and millennials know this. They're a lot sharper when it comes to shopping, and so that's a big part of the marketing as well

2:30Sports partnerships as legitimacy

Partnering with an entire sports association or league kind of goes a step further than just an individual athlete who is obviously getting paid to support this brand

2:50Exit strategy flexibility

a potential IPO could work if the markets and the valuation is right for us, but he's like a strategic acquisition could also make a lot of sense for us

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