The Dietary Supplement Contract Manufacturing Market is being driven by High prevalence of obesity
The Dietary Supplement Contract Manufacturing Market is expected to grow at a CAGR of 12.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 46.35 billion. The dietary supplement contract manufacturing market is witnessing substantial capacity expansions due to the increasing consumer preference for diverse and health-conscientious products. Notably, CAPTEK Softgel International recently inaugurated a new 60,000-square-foot manufacturing facility in La Mirada, California, USA, on March 2024. This state-of-the-art facility is exclusively dedicated to the production of gummy supplements, offering comprehensive solutions that encompass turnkey gummy formulations, custom flavorings, and bottling services. Equipped with starch-free production lines, this facility can produce a wide array of gummies, including those based on pectin, agar, carrageenan, and gelatin, as well as various combinations. This versatility not only fuels innovation but also caters to a broader consumer base with specific dietary requirements, ensuring inherently gluten-free products.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
213 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 12.4% |
Market growth 2025-2029 |
USD 46.35 billion |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
11.0 |
Key countries |
US, China, Germany, UK, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Dietary Supplement Contract Manufacturing Market caters to various health trends, including nutritional deficiencies, holistic health, and sustainable sourcing of superfoods and functional foods. It offers plant-based nutrition, ethical and clean label sourcing, and caters to specific dietary needs such as sports nutrition, microbiome support, gluten-free, immune system boosters, and adaptogens. The market also includes supplement subscription boxes, nootropics, personalized formulations, and supplements for sleep, energy, stress management, and gut health. Transparency in ingredients, regulatory compliance, and non-GMO options are essential, along with customized formulations and supplement logistics for enhanced customer experience. The market utilizes natural ingredients and caters to vegan, soy-free, and dairy-free consumers. Effective and accessible supplements are prioritized, with marketing strategies focusing on convenience and supplement formulation for optimal efficacy.
The Dietary Supplement Contract Manufacturing Market encompasses businesses specializing in the production of dietary supplements, including metabolism regulators, protein and amino acid formulations, nutraceuticals, and health and wellness products. Key growth drivers include the rising trend towards health and fitness, consumer preference for sustainable and vegan protein sources, and the direct-to-consumer (D2C) business model. Market size is determined by the consolidated revenue of participating manufacturers, excluding those producing food processing equipment, packaged alcoholic and non-alcoholic beverages, or minimally processed foods for their nutritional benefits, such as vegetables, which contribute essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C, enhancing overall consumer health and well-being.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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