Italy Nutraceutical Contract Manufacturing Services Market Size & Outlook
Italy nutraceutical contract manufacturing services market, 2018-2030 (US$M)
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Italy nutraceutical contract manufacturing services market highlights
- The Italy nutraceutical contract manufacturing services market generated a revenue of USD 2,752.7 million in 2023 and is expected to reach USD 6,367.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 12.7% 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 2,752.7 million |
| Market revenue in 2030 | USD 6,367.5 million |
| Growth rate | 12.7% (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, Italy accounted for 1.8% 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 Europe, Germany nutraceutical contract manufacturing services market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 3,987.7 million by 2030.
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Nutraceutical Contract Manufacturing Services Market Scope
Nutraceutical Contract Manufacturing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 Italy 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.
According to studies by the Italian Association of Health Products Manufacturers and Distributors, sales of nutritional supplements containing vitamin C increased by over 237% during the pandemic. Online sales of vitamins, minerals, and other dietary supplements increased by 64% in revenue in the first quarter of 2020.
In addition, as consumer interest in natural foods, nutrition, nutritional supplements, and functional foods increased, the need for contract manufacturing services for nutraceuticals grew significantly in Italy.
The Italian Medicines Agency (AIFA) handles dietary supplement regulation in Italy. The products must follow the regulations set forth by the European Union (EU) for dietary supplements. Their labels must be accurate and provide information on the ingredients, suggested usage, & any necessary warnings.
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Our clientele includes a mix of nutraceutical contract manufacturing services 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 Italy nutraceutical contract manufacturing services market , including forecasts for subscribers. This country databook contains high-level insights into Italy nutraceutical contract manufacturing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy nutraceutical contract manufacturing services market size, by service type, 2018-2030 (US$M)
Italy Nutraceutical Contract Manufacturing Services Market Outlook Share, 2023 & 2030 (US$M)
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