Market revenue in 2023 | USD 34,928.6 million |
Market revenue in 2030 | USD 78,221.2 million |
Growth rate | 12.2% (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 U.S. 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.
In 2022, the U.S. held a dominant share in the North America nutraceutical contract manufacturing services market. Increasing awareness, demand, and a shift toward preventive healthcare are the factors driving market growth.
Growing awareness among consumers about the relationship between nutrition, health, and overall well-being is expected to fuel the demand in the market. Consumers are increasingly seeking natural and preventive approaches to maintain their health, which has led to a rise in demand for nutraceutical products.
Moreover, dietary supplement manufacturers are required to follow Current Good Manufacturing Practice (cGMP) regulations to ensure the production of products is consistent and controlled. These regulations cover various aspects of manufacturing, quality control, record keeping, and testing.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. nutraceutical contract manufacturing services market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nutraceutical contract manufacturing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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