South Africa Dietary Supplement Contract Manufacturing Market Size & Outlook
South Africa dietary supplement contract manufacturing market, 2018-2030 (US$M)
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South Africa dietary supplement contract manufacturing market highlights
- The South Africa dietary supplement contract manufacturing market generated a revenue of USD 493.5 million in 2023 and is expected to reach USD 1,100.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, proteins and amino acid supplements was the largest revenue generating product in 2023.
- Multivitamin, Multi-Mineral, and Antioxidant Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
Dietary supplement contract manufacturing market data book summary
| Market revenue in 2023 | USD 493.5 million |
| Market revenue in 2030 | USD 1,100.2 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Proteins and amino acid supplements |
| Fastest growing segment | Multivitamin, Multi-Mineral, and Antioxidant Supplements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Proteins and Amino Acid Supplements, Multivitamin, Multi-Mineral, and Antioxidant Supplements, Weight Management and Meal Replacer Supplements, Other Supplements |
| Key market players worldwide | Ashland Inc, Glanbia PLC, Lonza Group Ltd, Captek Softgel International, Catalent Inc, Burcon NutraScience Corp, Capgemini SE, Gemini Group Global Corp, DCC PLC, Nature's Brands, Trividia Manufacturing Solutions, Menadiona, Nutrivo, Gemini Pharmaceuticals, Rain Nutrience, Vantage Nutrition, LIQUIDCAPSULE Manufacturing, MPI Nutri Pharma |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% of the global dietary supplement contract manufacturing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa dietary supplement contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 417.0 million by 2030.
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Dietary Supplement Contract Manufacturing Market Scope
Dietary Supplement Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa dietary supplement contract manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dietary supplement contract manufacturing market will help companies and investors design strategic landscapes.
Proteins and amino acid supplements was the largest segment with a revenue share of 33.03% in 2023. Horizon Databook has segmented the South Africa dietary supplement contract manufacturing market based on proteins and amino acid supplements, multivitamin, multi-mineral, and antioxidant supplements, weight management and meal replacer supplements, other supplements covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa's dietary supplements contract-manufacturing market is expected to witness considerable growth due to the increasing need for health supplement imports, the attractiveness of the nutraceuticals industry, and the presence of a diverse population in the country.
The country is ethnically diverse, comprising Caucasians, Asians, and black Africans, with black Africans accounting for the major population. The market for health supplements in South Africa has seen a significant growth in recent years, partly due to growing interest in healthy living and a desire to lower their risk of sickness.
In addition, consumers are opting for dietary supplements that not only improve their physical and mental health but also enhance their overall well-being and healthy appearance.
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Our clientele includes a mix of dietary supplement contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa dietary supplement contract manufacturing market, including forecasts for subscribers. This country databook contains high-level insights into South Africa dietary supplement contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa dietary supplement contract manufacturing market size, by product, 2018-2030 (US$M)
South Africa Dietary Supplement Contract Manufacturing Market Share, 2023 & 2030 (US$M)
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