The nutraceuticals and health supplements contract
manufacturing involves the outsourcing the
production of health focused products to specialized third party manufacturers.
These CMO offers a wide range of services including formulation production,
packaging, labeling and regulatory compliance. This allows the brand owners to
focus on marketing sales and distribution. The nutraceuticals and health
supplements are an integral to modern health and wellness regimes.
The CMOs
utilize state of art manufacturing facilities to ensure high quality production
standards and provide innovative packaging solutions that enhances the product
stability and shelf life. They manufacture the products for the clients
including pharmaceutical and biopharmaceutical companies, foods and beverages
manufacturers, personal care and cosmetics companies and others.
MARKET
OVERVIEW
The market valuation of nutraceuticals and health
supplements contract manufacturing market was valued at approximately USD 149.4
billion in 2023 and is projected to reach USD 496.8 billion in 2034 exhibiting
a CAGR of 12.8% during the forecast period of 2024-2034. Nutraceuticals and
health supplements contract manufacturing is a vital component providing
essential services, that enables brands to deliver high quality, compliant and
innovative products. The market is aligned with diverse sectors, which makes it
a sustainable and growing market.

GROWTH
DRIVERS
The global population shift towards healthier lifestyle, due
to COVID-19 pandemic has significantly boosted the demand for nutraceuticals.
The consumers are increasingly seeking products that enhance overall health and
immunity. This drives the need for contract manufacturing services that can
scale production and ensure quality. According to PR Newswire, the global
nutraceuticals market size was valued at USD 353 billion in 2022 and is reached
around to surpass USD 700 billion by 2030, registering a CAGR of 9.4% during
the forecast period 2023 to 2030. The technological advancements in
manufacturing like nano encapsulation involved extraction techniques enhances
the efficiency and bioavailability of the nutraceuticals. These advancements
allow manufacturers to produce high quality supplements and meet consumer
expectations. The regulations by the body is like
FDA and EFSA ensure the safety and efficiency of nutraceuticals which boost the
consumer confidence. The contract manufacturers who comply with these regulations
gain a competitive edge which promotes the market growth.
The FDA (Food and
Drug Administration) regulates nutraceuticals as a food category under the
Dietary Supplement Health and Education Act (DSHEA) of 1994. Nutraceuticals
must meet the same provisions as conventional foods, which are outlined in the
Federal Food, Drug, and Cosmetic Act (FFDCA). The DSHEA prohibits manufacturers
and distributors from selling products that are adulterated or misbranded. The
FDA can take action against unsafe products after
they reach the market. Manufacturers are also responsible for ensuring that
product labels are truthful and not misleading. The growing older population
particularly in regions like North America and Europe drives the demand for
health supplement, that addresses the age-related health issues like joint
health, cognitive function and cardiovascular health.
This demographic shift
creates a substantial market growth and adoption. According to WHO, by 2030, 1
in 6 people in the world will be aged 60 years or over. At this time the share
of the population aged 60 years and over will increase from 1 billion in 2020
to 1.4 billion. The proliferation
ecommerce platforms that have made it easier for the consumers to access a wide
range of nutraceutical and health products. This expansion facilitates market
penetration and growth for manufacturers who can quickly adapt to changing
consumer preferences and distribution channels. The easy buy option creates a
significant demand of the market. According to ITA, the worldwide ecommerce
sales for B2B businesses have been steadily rising year over year for the last
decade, with the global B2B ecommerce market valued at USD 36 trillion by 2026.
Heavy industry such as advanced manufacturing, energy, healthcare, and
professional business services segments drive the majority of this B2B sales
value. According to Statista, the revenue in the eCommerce market is projected
to reach USD 4,117 .1 billion in 2024. It is expected to show an annual growth
rate of 9.4%, resulting in a projected market volume of USD 6,478.1 billion by
2029. In the eCommerce market, the number of users is expected to amount to 3.6
billion users by 2029. Currently the user penetration will be 40.5% in 2024 and
is expected to hit 49.1% by 2029.
MARKET
SEGMENTATION:
·
By Product Type -
Dietary Supplements (Proteins & Amino Acid Supplements, Weight Management
and Meal Replacer Supplements, Multivitamin, Multi-Mineral, and Antioxidant
Supplements, others) and Functional Food and Beverages
·
By Formulation Type-
Tablets, Capsules, Soft gels, Powders, Liquids, Gummies and other (Topicals,
Chews, Bars, etc.)
·
By End-User Client-
Pharmaceutical and Biopharmaceutical Companies, Foods and Beverages
Manufacturers, Personal Care and Cosmetics Companies and others
·
By Region- North America,
Europe, Asia Pacific, The Middle East and Africa, South America
Nutraceuticals
and Health Supplements Contract Manufacturing Market Segment By Product Type Review:
The dietary supplements are products intended to supplement
the diet and provide nutrients that may not be consumed in sufficient
quantities. The proteins and amino acids supplements are designed to support
muscle growth, repair and over physical performance. They are popular among
athletes, bodybuilders, individuals with active lifestyle. They are used mainly
in sports nutrition, weight management and general wellness products. The
weight management and meal replacers supplements assist in weight loss or
management by providing essential nutrients, while reducing calorie intake.
They are used in diet programs, meal replacements, shakes, and snacks, aiming
at weight control.

The multivitamin, multimineral and antioxidant supplements
provides a combination of essential nutritional intake in
order to prevent deficiencies, boost immune function and provide overall
wellness. The functional food and beverages are products that offer additional
health benefits beyond basic nutrition. It often contains bio active compounds
that promotes the health and well-being. It includes fortified cereals,
probiotic yogurts, omega-3 enriched eggs, energy drinks vitamin water or herbal
tea.
Nutraceuticals
and Health Supplements Contract Manufacturing Market Segment By Formulation Type Review:
The nutraceuticals and health supplements contract
manufacturing market are segmented by formulation type into tablets, capsules,
soft gels, powders, liquid, gummies and others, each formulation has unique
characteristic and advantage. The tablets are one of the most common and
traditional forms of dietary supplements. They are solid dosage forms where the
active ingredients are combined with excipients and compressed into a solid
dose. They are used for a wide range of supplement including, vitamins,
minerals, herbal extracts and multivitamins. The capsules are solid dosage
forms in which the active ingredients are enclosed within a gelatin or
vegetarian shell. They can be either hard shelled or soft shelled. They are
used in fish oil capsules, probiotic capsules, or herbal supplement capsules.
The soft gels are a type of capsule with the gelatin-based shell surrounding a
liquid or semi liquid cell. It is commonly used for oils and fat-soluble
vitamins. The powders are loose forms of dietary supplement that can be mixed
with water or other liquids for consumption. It is popular in sports nutrition,
protein supplements and meal replacements. The liquid supplements are
solutions, suspensions or emulsions containing active ingredients that is used
for faster absorption, especially for those who have difficulty swallowing
pills. They're used in liquid vitamins, herbal tinctures or energy shots. The
gummies are the chewable flavored supplements that are popular for their taste
and ease of consumption. They are frequently used for vitamins and minerals,
mainly for children.
Nutraceuticals
and Health Supplements Contract Manufacturing Market Segment By End-User Client Review:
The pharmaceutical and biopharmaceutical companies leverage
CMOs to produce high quality nutraceuticals and health supplements. They often
integrate these products into their broader health and wellness portfolios.
They are used for the development and production of supplements like vitamins,
minerals, and specialty health products that complements traditional
pharmaceuticals.
The food and beverage manufacturers utilizes
CMOs to produce functional foods and beverages that are fortified with
vitamins, minerals, probiotics and other health boosting ingredients. The
production of fortified foods like cereal, snacks and dairy products, whereas
the beverage segment includes energy drinks, probiotic drinks and juices. The
personal care and cosmetic companies partners with
CMOs to integrate nutraceutical into beauty and wellness products. The CMOs
produce products that promotes skin health, hair growth and anti-aging.
Nutraceuticals
and Health Supplements Contract Manufacturing Market Regional Analysis:
North America is the significant market driven by the
factors like high consumer demand for health products coupled with a strong
inclination towards preventive health care, drives the demand for
nutraceuticals and health supplements in North America. Europe is a valuable
market driven by the rising aging population and presence of regulatory body
like EFSA. Asia Pacific is another significant and rapidly growing market
driven by urbanization and lifestyle changes influenced by Western countries.
This leads to a rise in health consciousness and demand for dietary
supplements.
The growing middle-class population with high disposable income
drives the demand for premium health. The Middle East and Africa is a promising
market driven by an increasing awareness about health and wellness in urban
areas. South America is a growing market driven by growing expenditure on
healthcare and wellness products.

Key
Challenges:
The market is subject to strict and diverse regulatory
requirement across different regions. The compliance with regulations like the
FDA in the US and EFSA in Europe and other regulatory bodies may be complex and
costly. Moreover, the constant update and changes in regulations requires
manufacturers to continuously adapt, which may be resource intensive and
disrupt the product processes, hindering the market growth. The ensuring of
consistent quality and safety products is critical. As the variations in raw
material quality and manufacturing processes may lead to challenges in
maintaining high standards. The lapses in quality control may result in product
recalls which are costly and damages the brand's reputation in the market.
Competitive
Landscape:
In the highly competitive nutraceuticals and health
supplements contract manufacturing market, companies are investing heavily in
research and development to innovate and improve the product and services. They
are also collaborating, forming strategi partnerships, or acquiring other
companies to gain access to new market segments, enhance distribution networks,
and increase market share. Recent developments includes
– Lallemand Health Solutions launched Expert Biome CDMO, cutting edge contract
manufacturing development platform, in November 2023. Sirio Pharma acquired
Best Formulations, in January 2023. NutraLab has expanded with a new enclosed
automatic manufacturing and packaging line for powder supplements, in 2023.
Catalent acquired Metrics Contract Services for strengthening its position in
pharmaceutical contract development and manufacturing sector, in 2022.
Global
Key Players:
·
Glanbia plc
·
Ashland
·
Lonza Group AG
·
Catalent, Inc.
·
Biotrex Nutraceuticals
·
Menadiona
·
Gemini Pharmaceuticals
·
Sabinsa Corporation
·
Biovencer Healthcare Pvt Ltd
·
Vitakem Nutraceutical
·
Rain Nutrience
·
Other Players
Attributes
|
Details
|
Base Year
|
2023
|
Trend Period
|
2024 – 2034
|
Forecast Period
|
2024 – 2034
|
Pages
|
215
|
By Product Type
|
Dietary Supplements (Proteins &
Amino Acid Supplements, Weight Management and Meal Replacer Supplements,
Multivitamin, Multi-Mineral, and Antioxidant Supplements, others) and
Functional Food and Beverages
|
By Formulation Type
|
Tablets, Capsules, Soft
gels, Powders, Liquids, Gummies and other (Topicals, Chews, Bars, etc.)
|
By End-User Client
|
Pharmaceutical and
Biopharmaceutical Companies, Foods and Beverages Manufacturers, Personal Care
and Cosmetics Companies and others
|
By region
|
North America, Europe,
Asia Pacific, the Middle East and Africa, and South America
|
Company Profiles
|
Glanbia plc, Ashland, Lonza
Group AG, Catalent, Inc., Biotrex Nutraceuticals, Menadiona, Gemini
Pharmaceuticals, Sabinsa Corporation, Biovencer Healthcare Pvt Ltd, Vitakem
Nutraceutical, Rain Nutrience, Other Players
|
Edition
|
1st edition
|
Publication
|
June 2024
|
Specifications |
Descriptions |
No Specifications |