Increasing consumer awareness about the importance of preventive healthcare and rising demand for personalized nutrition solutions are expected to drive growth in the nutraceutical contract manufacturing services market. Additionally, the growing popularity of natural and organic ingredients is fueling the demand for customized nutraceutical products.
Industry
Report Coverage | Details |
---|---|
Segments Covered | Product |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Ashland, Glanbia plc, Herbalife International of America, Inc, Biotrex Nutraceuticals, Martínez Nieto, Menadiona, NUTRASCIENCE LABS, NUTRIVO, American Health Foundations,, Gemini Pharmaceuticals, Biovencer Healthcare Pvt, Rain Nutrience |
The stringent regulations and compliance requirements are posing a major challenge for nutraceutical contract manufacturers. In addition, the high cost associated with research and development, as well as production and packaging of nutraceutical products, is also a significant restraint for market growth.