Global Nutraceutical Contract Manufacturing Services Market to Reach $247.14 Billion by 2027, Growing at a CAGR of 12.4%

The Business Research Company’s Nutraceutical Contract Manufacturing Services Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

LONDON, GREATER LONDON, UK, October 31, 2023 /EINPresswire.com/ -- The global nutraceutical contract manufacturing services market, valued at $137.43 billion in 2022, is projected to expand to $247.14 billion by 2027, indicating a robust compound annual growth rate (CAGR) of 12.4%. Despite the challenges posed by the Russia-Ukraine conflict and the persistent impact of the COVID-19 pandemic, the market is anticipated to experience significant growth, driven by the increasing prevalence of chronic diseases and the escalating demand for tailored nutraceutical products and services.

Nutraceutical Contract Manufacturing Services Market Segmentation
• Product: Dietary Supplements, Functional Food And Beverages
• Dosage Form: Tablets, Capsules, Liquid Oral, Powder In Sachet Or Jar, Gummies, Energy Bars, and Other Forms
• End User: Big Pharmaceutical Companies, Small And Medium Sized Pharmaceutical Companies, Generic Pharmaceutical Companies, and Other End Users

Leading market players such as Nutra Manufacturing Inc., Royal DSM, and Lonza Group AG continue to spearhead investments in establishing new nutraceutical contract manufacturing facilities, emphasizing the importance of expanding production capabilities to meet growing market demands.

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Evolving Trend: Investments in Establishing New Manufacturing Facilities
Investments in establishing new nutraceutical contract manufacturing facilities remain a key trend in the market, as demonstrated by the initiatives of Evonik Industries AG and Star Combo Pharma in expanding their manufacturing capacities to cater to the increasing demand for advanced pharmaceutical and nutraceutical products.

Geographical Insights: Asia-Pacific Leads, While Other Regions Show Promising Growth
Asia-Pacific emerged as the largest region in the nutraceutical contract manufacturing services market in 2022, with other regions such as Western Europe, Eastern Europe, North America, South America, and the Middle East and Africa showcasing promising growth opportunities. The detailed report provides comprehensive insights into regional dynamics, market trends, and growth prospects across key geographical segments.

Access the complete report for an in-depth analysis of the global nutraceutical contract manufacturing services market:
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Nutraceutical Contract Manufacturing Services Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Nutraceutical Contract Manufacturing Services Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on nutraceutical contract manufacturing services market size, nutraceutical contract manufacturing services market drivers and trends, nutraceutical contract manufacturing services market major players, nutraceutical contract manufacturing services market competitors' revenues, nutraceutical contract manufacturing services market positioning, and nutraceutical contract manufacturing services market growth across geographies. The nutraceutical contract manufacturing services market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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