India Nutraceutical Contract Manufacturing Services Market Size & Outlook
India nutraceutical contract manufacturing services market, 2018-2030 (US$M)
Related Markets
India nutraceutical contract manufacturing services market highlights
- The India nutraceutical contract manufacturing services market generated a revenue of USD 13,309.5 million in 2023 and is expected to reach USD 33,247.7 million by 2030.
- The India market is expected to grow at a CAGR of 14% from 2024 to 2030.
- In terms of segment, tablets was the largest revenue generating service type in 2023.
- Liquid Oral is the most lucrative service type segment registering the fastest growth during the forecast period.
Nutraceutical contract manufacturing services market data book summary
| Market revenue in 2023 | USD 13,309.5 million |
| Market revenue in 2030 | USD 33,247.7 million |
| Growth rate | 14% (CAGR from 2023 to 2030) |
| Largest segment | Tablets |
| Fastest growing segment | Liquid Oral |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tablets, Capsules, Liquid Oral, Powder In Sachet / Jar, Gummies, Energy Bars, Other suitable forms (Diskettes, etc.) |
| Key market players worldwide | Ashland Inc, Glanbia PLC, Herbalife Ltd, Menadiona, Twinlab Consolidated Holdings Inc, Nutrivo, Gemini Pharmaceuticals, Rain Nutrience |
Other key industry trends
- In terms of revenue, India accounted for 8.9% of the global nutraceutical contract manufacturing services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China nutraceutical contract manufacturing services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 33,247.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Nutraceutical Contract Manufacturing Services Market Scope
Nutraceutical Contract Manufacturing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India nutraceutical contract manufacturing services 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 nutraceutical contract manufacturing services market will help companies and investors design strategic landscapes.
Tablets was the largest segment with a revenue share of 25.27% in 2023. Horizon Databook has segmented the India nutraceutical contract manufacturing services market based on tablets, capsules, liquid oral, powder in sachet / jar, gummies, energy bars, other suitable forms (diskettes, etc.) covering the revenue growth of each sub-segment from 2018 to 2030.
A food or food-related component known as a nutraceutical is intended to provide health advantages, including disease treatment and prevention. Several people consume herbal and nutraceutical dietary supplements as an alternative to conventional medicine. The need for nutraceuticals is increasing on a global scale.
According to the Food Safety and Standards Authority of India (FSSAI), nutraceuticals were reported to grow 25% annually in India. Fast-moving Consumer Goods (FMCG) providers and pharmaceutical companies played a significant role in developing India’s nutraceuticals market. The nutraceuticals industry is segmented into functional foods & beverages and dietary supplements.
FSSAI oversees the regulation of nutraceuticals within the country. The country has taken a major step forward by establishing and implementing the Food Safety and Standard (FSS) Act of 2006, and the situation of nutraceuticals regulation in India is swiftly improving.
Reasons to subscribe to India nutraceutical contract manufacturing services market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India nutraceutical contract manufacturing services market databook
-
Our clientele includes a mix of nutraceutical contract manufacturing services market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India nutraceutical contract manufacturing services market , including forecasts for subscribers. This country databook contains high-level insights into India nutraceutical contract manufacturing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India nutraceutical contract manufacturing services market size, by service type, 2018-2030 (US$M)
India Nutraceutical Contract Manufacturing Services Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
