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Emerging Trends Influencing The Growth Of The Nutraceutical Contract Manufacturing Services Market: Evonik And Star Combo Pharma Lead In Nutraceutical Contract Manufacturing Facility Expansion
The Nutraceutical Contract Manufacturing Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Nutraceutical Contract Manufacturing Services Market Size Expected to Be by 2034?
The size of the nutraceutical contract manufacturing services market has expanded quickly in the past few years. From 2024 to 2025, it is projected to increase from $174.09 billion to $195.76 billion at a compound annual growth rate (CAGR) of 12.4%. The growth throughout the historic period can be linked to heightened consumer health consciousness, an increase in preventative healthcare, regulatory development, a growing demand for customization from consumers, and the expansion of e-commerce platforms.
The market size of nutraceutical contract manufacturing services is projected to experience a swift expansion in the coming years, reaching $308.02 billion by 2029 growing at a compound annual growth rate (CAGR) of 12.0%. The growth over the forecast period can be credited to factors such as investment in research and development, the increasing aging population with a focus on healthy aging, the rising demand for clean label products, and the digital transformation in this sector. Key trends within this period will revolve around emphasis on immune health, the popularity of plant-based and vegan compositions, CB*D and hemp-derived product inclusion, integration of e-commerce, and AI and data centric formulations.
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What Are the Emerging Segments Within the Nutraceutical Contract Manufacturing Services Market?
The nutraceutical contract manufacturing services market covered in this report is segmented -
1) By Product: Die*tary Supple*ments, Functional Food And Beverages
2) By Dosage Form: Tablets, Capsules, Liquid Oral, Powder In Sachet Or Jar, Gumm*ies, Energy Bars, Other Forms
3) By End User: Big Pharmaceutical Companies, Small And Medium Sized Pharmaceutical Companies, Generic Pharmaceutical Companies, Other End Users
Subsegments:
1) By Die*tary Supple*ments: Vitamins And Minerals, Herbal Supplements, Protein Supplements, Omega Fatty Acids, Probiotics, Other Die*tary Supple*ments
2) By Functional Food And Beverages: Functional Beverages, Functional Foods, Nutrient-Enriched Foods, Other Functional Products
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What Long-Term Drivers Are Shaping Nutraceutical Contract Manufacturing Services Market Trends?
The escalating occurrence of persistent ailments is projected to fuel the expansion of the nutraceutical contract manufacturing services market in the future. A chronic disease can be defined as a health issue or condition bearing long-term impact, generally persisting for three months or more, and its severity may increase with time. Nutraceutical contract manufacturing aids nutraceutical brands by enabling the quick development and production of tailor-made, high-quality nutraceutical products designed to manage and avert chronic ailments. For example, the Australian Institute of Health and Welfare, a government organization based in Australia, reported in June 2024 that the mortality rate due to chronic conditions escalated from 459 per 100,000 individuals in 2021 to 490 per 100,000 individuals in 2022. Consequently, the escalating occurrence of persistent ailments is forecasted to catalyze the expansion of the nutraceutical contract manufacturing services market.
Who Are the Top Competitors in Key Nutraceutical Contract Manufacturing Services Market Segments?
Major companies operating in the nutraceutical contract manufacturing services market include Nutra Manufacturing Inc., Royal DSM, Lonza Group AG, Glanbia Plc., Herbalife International of America Inc., Catalent Inc., Ashland Global Holdings Inc., American Health Foundations Inc., Nutraceutical Corporation, Robinson Pharma Inc., Gemini Pharmaceuticals Inc., Nutrivo, Menadiona, NutraLab Canada Ltd., Martínez Nieto, Rain Nutrience Ltd., Biovencer Healthcare Pvt Ltd., NutraScience Labs, ABH Pharma Inc., NutraPak USA, Biotrex Nutraceuticals, Nutrafill LLC, Quest Nutra Pharma, EnzymeWorks Inc., Vestanutra
What Nutraceutical Contract Manufacturing Services Market Trends Are Gaining Traction Across Different Segments?
A significant emerging trend in the nutraceutical contract manufacturing services market is the investment towards the creation of new nutraceutical contract manufacturing facilities. This is exemplified by Evonik Industries AG, a specialised chemical company based in Germany which also offers nutraceutical contract manufacturing services. In March 2023, they inaugurated a new GMP manufacturing facility particularly for producing lipids required in advanced pharmaceutical drug delivery applications. Additionally, in June 2022, Star Combo Pharma, a company originating from Austria and operating in the same market, invested $7.5 million in a new facility designed to double its production capacity.
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Which Regions Are Becoming Hubs for Nutraceutical Contract Manufacturing Services Market Innovation?
Asia-Pacific was the largest region in the nutraceutical contract manufacturing services market in 2024. The regions covered in the nutraceutical contract manufacturing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Nutraceutical Contract Manufacturing Services Market?
2. What is the CAGR expected in the Nutraceutical Contract Manufacturing Services Market?
3. What Are the Key Innovations Transforming the Nutraceutical Contract Manufacturing Services Industry?
4. Which Region Is Leading the Nutraceutical Contract Manufacturing Services Market?
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