Market revenue in 2023 | USD 10,245.0 million |
Market revenue in 2030 | USD 24,540.0 million |
Growth rate | 13.3% (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 |
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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 Japan 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.
Japan is one of the countries with the highest proportion of the elderly population. According to the Statistics Bureau, Ministry of Internal Affairs and Communications, in 2020, 28.6% of the population was 65 years of age or older in Japan.
This demographic trend has increased focus on health and wellness, with a growing preference for dietary supplements to support overall well-being and address age-related health concerns. Moreover, traditional Japanese medicine, known as Kampo, has a long history in Japan.
Kampo incorporates natural herbal remedies and has gained popularity as an alternative or complementary approach to modern medicine. Numerous nutraceuticals and dietary supplements in Japan are influenced by Kampo principles, incorporating traditional herbal ingredients. These factors contribute to the growth and popularity of nutraceuticals and dietary supplements in Japan.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan nutraceutical contract manufacturing services market , including forecasts for subscribers. This country databook contains high-level insights into Japan nutraceutical contract manufacturing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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