The global dietary supplement contract manufacturing market accounted for USD 53.22 billion in 2023 and is expected to reach at USD 194.81 billion by 2034 with a CAGR of 12.52% during the forecast period 2024-2034. Rising demand for dietary supplements, an increasingly obese population and chronic diseases, rising demand in emerging markets, a focus on functional and personalized supplements, and expanding partnerships and collaborations will all fuel market expansion.
Consumers are becoming more conscious of the value of health and well-being, and they are turning to dietary supplements to fill nutritional gaps and help them achieve their health goals. This growing demand for supplements necessitates expanded manufacturing capacity, which contract manufacturers provide. For instance, Nellson LLC acquired Capstone Nutrition in March 2023. This acquisition increases Nellson's position in the contract manufacturing industry for nutritional supplements.
By product type, the proteins and amino acid supplements segment accounted for the highest revenue-grossing segment in the global dietary supplement contract manufacturing market in 2023 owing to the increasing demand for sports nutrition products, muscle-building supplements, and health-conscious consumers seeking to meet their protein intake requirements. For instance, Private Label Nutraceuticals has announced the release of a new range of immune-boosting supplements in October 2023. These supplements are designed to promote immunological health and fitness. Additionally, the multivitamin, multi-mineral, and antioxidant supplements segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing emphasis on overall health and wellness, rising awareness about preventive healthcare, and increasing adoption of daily nutritional supplements by a broad demographic of consumers.
By dosage form, the tablets segment accounted for the highest revenue-grossing segment in the global dietary supplement contract manufacturing market in 2023 owing to the convenience of use, longer shelf life, ease of manufacturing, and widespread consumer acceptance of tablets as a preferred dosage form for dietary supplements. For instance, Ion Labs announced the acquisition of JW Nutritional, LLC in January 2023. This strategic acquisition strengthens Ion Labs' contract manufacturing capabilities and broadens its market reach. Additionally, the gummies and liquid orals segment is predicted to grow at the fastest CAGR during the forecast period owing to the popularity among consumers, especially children and adults who prefer alternative dosage forms, ease of consumption, and pleasant taste, driving increased demand for these convenient and enjoyable supplement options.
By distribution channel, the retail store's segment accounted for the highest revenue-grossing segment in the global dietary supplement contract manufacturing market in 2023 owing to the extensive distribution network, consumer accessibility, and the ability to provide personalized recommendations, driving significant sales volumes and revenue generation for dietary supplements. For instance, in September 2022, Tata Consumer Products (TCP) launched Tata GoFit, a plant protein powder featuring ingredients like peas and brown rice. Additionally, the online sales segment is predicted to grow at the fastest CAGR during the forecast period owing to the convenience of shopping, wider product selection, increasing internet penetration, and growing consumer preference for online shopping experiences, fueling the rapid growth of online sales channels for dietary supplements.
North American region is anticipated to have the highest revenue share during the forecast period owing to the robust healthcare infrastructure, high consumer awareness about dietary supplements, strong regulatory framework, and a large population actively seeking health and wellness solutions, driving significant market growth in the North American region. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing disposable income, rising health consciousness, expanding middle-class population, and growing adoption of Western dietary habits, driving significant demand for dietary supplements in the Asia Pacific region. For instance, in July 2022, Sirio Pharma, a nutraceutical CDMO, purchased 80% of Best Formulations, a contract manufacturer of nutraceuticals and dietary supplements based in the United States.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Consumers are becoming more conscious of the value of health and well-being, and they are turning to dietary supplements to fill nutritional gaps and help them achieve their health goals. This growing demand for supplements necessitates expanded manufacturing capacity, which contract manufacturers provide. For instance, Nellson LLC acquired Capstone Nutrition in March 2023. This acquisition increases Nellson's position in the contract manufacturing industry for nutritional supplements.
By product type, the proteins and amino acid supplements segment accounted for the highest revenue-grossing segment in the global dietary supplement contract manufacturing market in 2023 owing to the increasing demand for sports nutrition products, muscle-building supplements, and health-conscious consumers seeking to meet their protein intake requirements. For instance, Private Label Nutraceuticals has announced the release of a new range of immune-boosting supplements in October 2023. These supplements are designed to promote immunological health and fitness. Additionally, the multivitamin, multi-mineral, and antioxidant supplements segment is predicted to grow at the fastest CAGR during the forecast period owing to the growing emphasis on overall health and wellness, rising awareness about preventive healthcare, and increasing adoption of daily nutritional supplements by a broad demographic of consumers.
By dosage form, the tablets segment accounted for the highest revenue-grossing segment in the global dietary supplement contract manufacturing market in 2023 owing to the convenience of use, longer shelf life, ease of manufacturing, and widespread consumer acceptance of tablets as a preferred dosage form for dietary supplements. For instance, Ion Labs announced the acquisition of JW Nutritional, LLC in January 2023. This strategic acquisition strengthens Ion Labs' contract manufacturing capabilities and broadens its market reach. Additionally, the gummies and liquid orals segment is predicted to grow at the fastest CAGR during the forecast period owing to the popularity among consumers, especially children and adults who prefer alternative dosage forms, ease of consumption, and pleasant taste, driving increased demand for these convenient and enjoyable supplement options.
By distribution channel, the retail store's segment accounted for the highest revenue-grossing segment in the global dietary supplement contract manufacturing market in 2023 owing to the extensive distribution network, consumer accessibility, and the ability to provide personalized recommendations, driving significant sales volumes and revenue generation for dietary supplements. For instance, in September 2022, Tata Consumer Products (TCP) launched Tata GoFit, a plant protein powder featuring ingredients like peas and brown rice. Additionally, the online sales segment is predicted to grow at the fastest CAGR during the forecast period owing to the convenience of shopping, wider product selection, increasing internet penetration, and growing consumer preference for online shopping experiences, fueling the rapid growth of online sales channels for dietary supplements.
North American region is anticipated to have the highest revenue share during the forecast period owing to the robust healthcare infrastructure, high consumer awareness about dietary supplements, strong regulatory framework, and a large population actively seeking health and wellness solutions, driving significant market growth in the North American region. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing disposable income, rising health consciousness, expanding middle-class population, and growing adoption of Western dietary habits, driving significant demand for dietary supplements in the Asia Pacific region. For instance, in July 2022, Sirio Pharma, a nutraceutical CDMO, purchased 80% of Best Formulations, a contract manufacturer of nutraceuticals and dietary supplements based in the United States.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Product Type, Dosage Form, and Distribution Channel
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
Segmentation: Dietary Supplement Contract Manufacturing Market Report 2023 - 2034
Dietary Supplement Contract Manufacturing Market Analysis & Forecast by Product Type 2023 - 2034 (Revenue USD Bn)
- Proteins & Amino Acid Supplements
- Multivitamin, Multi-Mineral, & Antioxidant Supplements
- Weight Management and Meal Replacer Supplements
- Other Supplements
Dietary Supplement Contract Manufacturing Market Analysis & Forecast by Dosage Form 2023 - 2034 (Revenue USD Bn)
- Tablets
- Capsules
- Liquid Oral
- Powder Sachet / Jar
- Gummies
- Others
Dietary Supplement Contract Manufacturing Market Analysis & Forecast by Distribution Channel 2023 - 2034 (Revenue USD Bn)
- Retail Stores
- Online Sales
- Pharmacies
- Direct Sales
Dietary Supplement Contract Manufacturing Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Dietary Supplement Contract Manufacturing Market: Product Type Estimates & Trend Analysis
8. Dietary Supplement Contract Manufacturing Market: Dosage Form Estimates & Trend Analysis
9. Dietary Supplement Contract Manufacturing Market: Distribution Channel Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Dietary Supplement Contract Manufacturing Market
12. Europe Global Dietary Supplement Contract Manufacturing Market
13. Asia Pacific Global Dietary Supplement Contract Manufacturing Market
14. Latin America Global Dietary Supplement Contract Manufacturing Market
15. MEA Global Dietary Supplement Contract Manufacturing Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- NutraScience Labs
- Ion Labs Inc.
- ABH Pharma Inc.
- Nutrafill
- Vitakem Nutraceutical Inc.
- Private Label Nutraceuticals
- Health Wright Products Inc.
- Makers Nutrition
- JW Nutritional LLC
- NutraCap Labs
- Vitaquest International LLC
- Robinson Pharma Inc.
- Capstone Nutrition
- ProTab Laboratories
- SDC Nutrition Inc.
