North America Nutraceutical Contract Manufacturing Services Market Size & Outlook
- HC Outsourcing
- Clinical & Non-Clinical Outsourcing Services
- Nutraceutical Contract Manufacturing Services Market Outlook
- Clinical & Non-Clinical Outsourcing Services
North America Nutraceutical Contract Manufacturing Services Market, 2018-2030 (US$M)
Global Market
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North America nutraceutical contract manufacturing services market highlights
- The North America nutraceutical contract manufacturing services market generated a revenue of USD 37,522.7 million in 2023.
- The market is expected to grow at a CAGR of 12.2% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 37,522.7 million |
| Market revenue in 2030 | USD 84,108.8 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Tablets |
| Fastest growing segment | Liquid Oral |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 25.2% of the global nutraceutical contract manufacturing services market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 158,322.5 million by 2030.
North America has a well-established nutraceutical industry, with numerous contract manufacturing companies offering services to brands and businesses. These companies have the necessary infrastructure, regulatory knowledge, and quality standards to ensure the safe and efficient production of nutraceutical products.
Preference for natural and organic products among consumers to support health and wellness is rising in North America. Nutraceuticals provide an alternative to traditional pharmaceuticals and are perceived as a more natural approach to maintaining good health. This growing demand is driving the need for contract manufacturers to produce a wide range of nutraceutical products in the region.
Furthermore, the nutraceutical industry is subject to stringent regulations and quality standards to ensure the safety and efficacy of products. Contract manufacturers specialize in navigating these regulations and ensuring compliance with the relevant authorities, such as the U.S. Food and Drug Administration (FDA).
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Nutraceutical Contract Manufacturing Services Market Scope
Nutraceutical Contract Manufacturing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Glanbia PLC | View profile | 5,534 | Ring Road, Glanbia House, Kilkenny, Ireland, R95 E866 | www.glanbia.com |
| Herbalife Ltd | View profile | 9,200 | Ugland House, South Church Street, P.O. Box 309GT, Grand Cayman, Cayman Islands, KY1-1104 | www.herbalife.com |
| Ashland Inc | View profile | 3,800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | www.ashland.com |
| Twinlab Consolidated Holdings Inc | View profile | 18 | 4800 T-Rex Avenue, Suite 225, Boca Raton, FL, United States, 33431 | www.tchhome.com |
| Menadiona | View profile | 51-100 | Barcelona, Catalonia, Spain, Europe | www.menadiona.com/ |
| Nutrivo | View profile | 101-250 | Aurora, Illinois, United States, North America | www.nutrivo.com/ |
| Gemini Pharmaceuticals | View profile | 101-250 | Commack, New York, United States, North America | geminipharm.com |
| Rain Nutrience | View profile | 51-100 | Dunkeswell, Devon, United Kingdom, Europe | rainuk.com |
North America 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 Outlook 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 North America 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.
North America has a well-established nutraceutical industry, with numerous contract manufacturing companies offering services to brands and businesses. These companies have the necessary infrastructure, regulatory knowledge, and quality standards to ensure the safe and efficient production of nutraceutical products.
Preference for natural and organic products among consumers to support health and wellness is rising in North America. Nutraceuticals provide an alternative to traditional pharmaceuticals and are perceived as a more natural approach to maintaining good health. This growing demand is driving the need for contract manufacturers to produce a wide range of nutraceutical products in the region.
Furthermore, the nutraceutical industry is subject to stringent regulations and quality standards to ensure the safety and efficacy of products. Contract manufacturers specialize in navigating these regulations and ensuring compliance with the relevant authorities, such as the U.S. Food and Drug Administration (FDA).
- North America Nutraceutical Contract Manufacturing Services Market Service Type Outlook (Revenue, USD Million , 2018-2030)
- Tablets
- Capsules
- Liquid Oral
- Powder In Sachet / Jar
- Gummies
- Energy Bars
- Other suitable forms (Diskettes, etc.)
- North America Nutraceutical Contract Manufacturing Services Market Product Outlook (Revenue, USD Million , 2018-2030)
- Dietary Supplements
- Functional Food and Beverages
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Nutraceutical Contract Manufacturing Services Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Nutraceutical Contract Manufacturing Services Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Nutraceutical Contract Manufacturing Services Market, 2018-2030 (US$M)
North America nutraceutical contract manufacturing services market statistics, by service type, 2018-2030 (US$M)
