Dietary Supplements:
The dietary supplements segment is expected to witness significant growth in the nutraceutical contract manufacturing services market. Increasing consumer awareness about health and wellness, coupled with the growing demand for personalized nutrition solutions, is driving the demand for dietary supplements. Contract manufacturers are providing innovative and high-quality products to meet the diverse needs of consumers, further fueling the growth of this segment.
Functional Food & Beverages:
The functional food and beverages segment is also experiencing a surge in demand in the nutraceutical contract manufacturing services market. Consumers are increasingly seeking food and beverage products that offer health benefits beyond basic nutrition. This has led to the development of innovative functional products with added nutrients, probiotics, and other bioactive ingredients. Contract manufacturers are playing a crucial role in developing and manufacturing these functional products to cater to the evolving consumer preferences.