Nutraceutical CDMO Market Outlook from 2024 to 2034

The global nutraceutical CDMO market size is projected to expand with a CAGR of 5.6% during the assessment period. The market value is expected to increase from US$ 35,730.8 million in 2024 to US$ 61,655.3 million by 2034.

In 2023, the nutraceutical CDMO industry was valued at US$ 33,466.0 million and is anticipated to exhibit a y-o-y growth of 6.8% in 2024. This robust growth is indicative of the escalating demand for nutraceutical products across the globe.

Attributes Key Insights
Base Market Value (2023) US$ 33,466.0 million
Estimated Market Size (2024) US$ 35,730.8 million
Projected Nutraceutical CDMO Market Value (2034) US$ 61,655.3 million
Value CAGR (2024 to 2034) 5.6%

In recent years, there has been a dramatic rise in the consumption of nutraceutical products due to increased health awareness and high interest in preventive healthcare. This, in turn, has put the nutraceutical CDMO industry into the limelight.

CDMOs provide end-to-end solutions encompassing research, development, manufacturing, testing, packaging, and logistics. This integrated approach streamlines the product development process, ensuring efficiency and reducing time-to-market.

The expertise of CDMOs is instrumental in formulating new and innovative nutraceutical products that meet evolving consumer demands. The focus on research and development within purpose-filled facilities allows CDMOs to stay at the forefront of industry advancements.

CDMOs are recognized for their ability to operate with agility and meet demanding timelines. Their streamlined processes and dedication to efficiency enable nutraceutical companies to bring products to market quickly, capturing opportunities in a rapidly evolving industry.

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Key Factors Boosting the Nutraceutical CDMO Market Growth Include

  • Burgeoning demand for nutraceutical products, including functional foods, dietary supplements, and beverages
  • Rising popularity of nutraceutical contract manufacturing services globally
  • Increasing research and development activities
  • Growing need for nutraceutical encapsulation services globally
  • The ability of CDMOs to help nutraceutical companies ensure compliance with quality and safety standards.
  • Growing awareness about the benefits of outsourcing manufacturing to CDMOs
  • Rise in collaborations and partnerships between nutraceutical giants and CDMOs
  • Increasing number of contract development and manufacturing organizations for nutraceuticals
  • Escalating demand for functional food contract manufacturing services and expansion of dietary supplement CDMOs in developing regions
  • Multiple advantages of outsourced nutraceutical production

Nutraceutical CDMO Market Trends

  • Growing trend of outsourcing services in the nutraceutical industry
  • Adoption of novel technologies like robotic process automation and AI in manufacturing and product development
  • Rising popularity of personalized nutrition
  • Surging demand for clean-label products
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Sabyasachi Ghosh

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Analysis of Historical and Future Outlooks of the Nutraceutical CDMO Market

The global market for nutraceutical CDMOs recorded a CAGR of 4.6% from 2019 to 2023. Total market valuation reached around US$ 33,466.0 million at the end of 2023. Over the assessment period, the target market is projected to exhibit a CAGR of 5.6%.

Historical CAGR (2019 to 2023) 4.6%
Forecast CAGR (2024 to 2034) 5.6%

The global nutraceutical market is witnessing steady growth, fueled by increasing health awareness and a growing preference for preventive healthcare. Consumers today are more proactive in managing their well-being, seeking dietary supplements and functional foods to address specific health concerns. This shift in consumer behavior is a key driver shaping the trajectory of the global nutraceutical CDMO industry.

Nutraceutical CDMOs have emerged as critical facilitators in this vibrant market, responding to consumer expectations by offering a spectrum of innovative and high-quality products. These organizations leverage their technical expertise and purpose-filled facilities to develop formulations that resonate with the health-conscious consumer demographic.

One notable aspect of the consumer-driven demand is the growing interest in personalized nutrition. Consumers are increasingly seeking tailored solutions that cater to their unique health needs. Nutraceutical CDMOs are responding to this trend by providing customization options, allowing companies to create products that align with specific consumer preferences.

The nutraceutical industry is subject to increased regulations, and compliance is paramount. Nutraceutical CDMOs, equipped with manufacturing expertise and a deep understanding of regulatory requirements, are becoming increasingly attractive partners for brands looking to outsource production. The trend toward outsourcing is expected to rise as companies seek to navigate complex regulatory landscapes efficiently.

A rising focus on reducing overall nutraceutical product development costs is expected to boost sales in the market. Subsequently, the growing demand for dietary supplement CDMO services will foster growth.

Insights into Lucrative Opportunities Propelling Nutraceutical CDMO Demand

According to the Journal of Clinical Sleep Medicine, with about 30% of United States adults experiencing insomnia, there is a pronounced demand for effective sleep support solutions. Nutraceutical CDMOs can leverage their formulation expertise and manufacturing capabilities to develop innovative sleep aid products. This includes the production of sleep-inducing supplements, herbal formulations, and other solutions designed to improve sleep quality.

The growing rates of anxiety, depression, and heightened awareness of stress management present an opportunity for CDMOs to contribute to the development of mood and mental health support products. By incorporating scientifically-backed ingredients, CDMOs can formulate supplements that address specific mood-related concerns, providing consumers with effective and safe options for mental well-being.

Nutraceutical CDMOs have the flexibility to tailor formulations to specific health needs within the sleep, mood, and brain health segments. This customization can include the incorporation of herbal extracts, vitamins, minerals, and other bioactive compounds known for their therapeutic effects. The ability to create tailored solutions enhances the market appeal of these products.

The opportunity for nutraceutical CDMOs lies in addressing the burgeoning demand for sleep, mood, and brain health solutions. To benefit from this, CDMOs are focusing on providing tailored formulations, investing in research and development, and collaborating with brands at the forefront of these segments.

CDMOs are becoming key enablers in providing effective, high-quality nutraceuticals that cater to the unique health needs of consumers. As the sales of nutraceutical products continue to rise globally, so will the demand for nutraceutical contract development and manufacturing services.

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Overview of Restrictive Factors for the Nutraceutical CDMO Market

One significant restriction affecting the nutraceutical CDMO market is the increasingly stringent regulatory landscape governing the production and marketing of nutraceutical products. Regulatory requirements, both at national and international levels, have become more complex, impacting the operations of CDMOs and influencing the overall market dynamics.

According to a report by the Global Organization for EPA and DHA Omega-3s (GOED), the regulatory environment for nutraceuticals has seen notable changes. For instance, in the United States, the Food and Drug Administration (FDA) has been focusing on implementing the Dietary Supplement Health and Education Act (DSHEA), ensuring the safety and quality of dietary supplements.

The European Food Safety Authority (EFSA) has been actively involved in evaluating health claims related to nutraceutical products, adding an additional layer of scrutiny. The need for compliance with stringent regulatory standards translates into increased compliance costs for nutraceutical CDMOs.

Investments in quality control, documentation, and adherence to Good Manufacturing Practices (GMP) become essential, impacting the overall operational expenses. The regulatory approval process for new formulations or ingredients can be time-consuming. Delays in obtaining approvals may hinder the speed-to-market advantage that CDMOs could otherwise offer to their clients, affecting the overall efficiency of product development.

Country-wise Insights

The section highlights growth projections across prominent countries. China and Japan are predicted to register higher CAGRs of 7.4% and 3.4%, respectively, through 2034. This is due to the growing popularity of nutraceutical products in these nations. Similarly, the nutraceutical CDMO market in India and their emerging nations is expected to progress rapidly.

Market Growth Outlook by Key Countries

Country Value CAGR
United States 1.8%
China 7.4%
Japan 3.4%
Germany 1.7%
Spain 2.8%

Growing Demand for Functional Foods Boosting the United States Market

The United States currently dominates the global nutraceutical CDMO industry with a share of around 32.6%. Over the forecast period, the United States nutraceutical CDMO market is expected to exhibit a CAGR of 1.8%.

The United has one of the leading markets for nutraceuticals globally. Rising health awareness and a growing aging population are creating a high demand for dietary supplements and functional foods in the United States. This, in turn, will boost the target market.

The presence of cutting-edge research facilities and a robust ecosystem for product development drives the demand for specialized services offered by nutraceutical CDMOs. The regulatory framework, including the Dietary Supplement Health and Education Act (DSHEA), provides a structured environment for the nutraceutical industry. This clarity contributes to the growth of the nutraceutical CDMO market by fostering compliance and ensuring product quality.

Escalating Popularity of Nutraceutical Products Driving Demand in China

In 2023, China held a significant value share of 7.9% in the global nutraceutical CDMO market. Over the assessment period, demand for CDMO services in China is poised to grow with a CAGR of 7.4%.

China's rising middle class and increasing health and wellness awareness have fueled a growing demand for nutraceutical products. Similarly, the population's interest in preventive healthcare and dietary supplements has led to a thriving nutraceutical market. This is expected to drive the need for CDMOs to support the development and manufacturing of nutraceutical products.

The country’s government has shown support for the nutraceutical industry through favorable policies and regulations. The emphasis on health and wellness aligns with the government's broader public health initiatives, contributing to the growth of the nutraceutical CDMO market.

China is a key player in global manufacturing, and its nutraceutical CDMOs benefit from advanced manufacturing capabilities. The availability of cost-effective manufacturing services attracts both domestic and international companies looking for efficient production solutions.

Growing Emphasis on Research and Innovation Fostering Growth in Germany

Germany accounted for an 8.5% value share of the global market in 2023 and is expected to grow with a CAGR of 1.7% during the forecast period. This is due to the increasing consumption of functional foods and rising emphasis on research and innovation.

Germany is known for its commitment to quality and high manufacturing standards. Nutraceutical CDMOs in Germany often adhere to stringent quality control measures, attracting clients who prioritize product quality and safety.

The Germany market is characterized by sophisticated consumers who value premium and scientifically-backed nutraceutical products. CDMOs offering advanced formulation and production capabilities align well with the demands of this discerning market.

Germany has a strong emphasis on research and innovation in the healthcare sector. Nutraceutical CDMOs benefit from access to cutting-edge research and technology, contributing to their ability to offer innovative solutions to clients.

Category-wise Insights

The section below highlights key segments' estimated market shares and CAGRs, including dosage form, services, and company size. This information can be vital for companies to frame their strategies accordingly.

  • Holding a share of 42.1%, the tablets & capsules segment leads the global nutraceutical CDMO industry.
  • The manufacturing and packaging segment holds a dominant market share of 33.1% and is set to progress at 4.7% CAGR through 2034.
  • The mid-sized companies segment accounted for a market share of 46.2% in 2023.

Tablets and Capsules to Generate Significant Revenue in the Market

Market Growth Outlook by Dosage Form

Dosage Form Value CAGR
Tablets & Capsules 3.5%
Powder 5.3%
Softgel 6.9%
Liquid Formulations 7.3%
Others (Gummies, Sprays, Sachets, Topical Forms) 8.7%

The tablets and capsules segment held a prominent market revenue share of 42.1% in 2023. Over the forecast period, the target segment is projected to advance with a CAGR of 3.5%. This is attributed to the rising popularity and consumption of nutraceutical tablets and capsules.

Tablets and capsules are popular dosage forms among consumers due to their convenience, ease of use, and familiarity. Many consumers find these solid oral dosage forms more convenient to incorporate into their daily routines than other formats like powders or liquid supplements.

Tablets and capsules are well-suited for high-volume manufacturing, making them cost-effective for both manufacturers and consumers. Hence, the target segment is expected to generate significant revenue in the global nutraceutical CDMO industry through 2034.

Demand Remains High for Manufacturing and Packaging Services

Market Growth Outlook by Services

Services Value CAGR
Product Formulation and Development 5.3%
Manufacturing and Packaging 4.7%
Research and Development 6.1%
Analytical and Testing Services 6.9%
Regulatory Support 7.3%

As per the latest analysis, demand remains high for nutraceutical manufacturing and packaging services in the market. The target segment held a market share of 33.1% in 2023. In the assessment period, it will likely grow with a CAGR of 4.7%.

Outsourcing manufacturing and packaging functions can be cost-effective for nutraceutical companies. CDMOs often have economies of scale, advanced equipment, and expertise in optimizing production processes, leading to cost savings for clients.

CDMOs specializing in manufacturing services often have extensive expertise in formulation development. This expertise allows them to create custom formulations that meet the specific requirements and preferences of nutraceutical brands, contributing to product differentiation and market competitiveness.

Mid-sized Companies to Rule the Global Market by 2034

Market Growth Outlook by Key Company Size

Company Size Value CAGR
Small Companies 5.8%
Mid-sized Companies 4.7%
Large Companies 7.3%

The mid-sized companies segment accounted for a dominant industry share of nutraceutical CDMOs in 2023. Over the forecast period, it is poised to exhibit a CAGR of 4.7%.

Mid-sized CDMOs have the capability to offer personalized and customized services to their clients. Unlike larger CDMOs, they can provide a more hands-on and collaborative approach, working closely with clients to develop formulations, optimize processes, and meet specific requirements.

Mid-sized CDMOs are often characterized by a level of flexibility and agility that allows them to adapt quickly to changing market demands. As a result, the mid-sized companies category is expected to retain its market dominance through 2034.

Competitive Landscape

Collaborations and acquisitions are common strategies employed by companies in the nutraceutical CDMO market to enhance their capabilities, expand their service offerings, and stay competitive in the dynamic landscape of advanced therapeutics. They are also integrating advanced technologies to improve their productivity.

Recent Developments in the Nutraceutical CDMO Market

  • In May 2023, Biofarma Group, a global CDMO, acquired US Pharma Lab, a leading and fast-growing company in the United States focused on the development, production, and distribution of nutraceuticals, including probiotics, vitamins, and minerals, supplements, and premium food ingredients.
  • In August 2022, Health Wright Products, a contract manufacturer of products in capsules, was acquired by IFF (International Flavors & Fragrances Inc.). Health Wright Products' formulation and finished format abilities will allow IFF to develop new and innovative products.

Report Scope as per Nutraceutical CDMO Industry Analysis

Attribute Details
Estimated Market Size (2024) US$ 35,730.8 million
Projected Market Value (2034) US$ 61,655.3 million
Expected Growth Rate (2024 to 2034) 5.6% CAGR
Forecast Period 2024 to 2034
Historical Data Available for 2019 to 2023
Market Analysis US$ Million for Value
Key Regions Covered North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, Middle East & Africa
Key Countries Covered United States, Canada, Mexico, Brazil, Chile, China, Japan, South Korea, Germany, France, Spain, Italy, BENELUX, Nordic Countries, United Kingdom, BENELUX, Poland, Hungary, Romania, India, ASEAN Countries, Australia & New Zealand, Saudi Arabia, South Africa, Türkiye, Other African Union
Key Market Segments Covered Dosage Form, Services, Company Size, and Region
Key Companies Profiled
  • Catalent
  • Lonza
  • Aenova Group
  • Akums Drugs and Pharmaceutical Ltd.
  • BASF SE
  • Sirio Pharma
  • Pharmavite LLC
  • Nature's Products, Inc.
  • PLT Health Solutions
  • Glanbia Nutritionals
  • Recipharm AB
  • B&D Nutritional Ingredients
  • NutraScience Labs
  • Vitakem Nutraceutical Inc.
  • Softigel (A division of Procaps Group)
  • Iprona AG
  • Nutrilo GmbH
  • Atlantic Essential Products, Inc.
  • ProTec Nutra Ltd.
  • Nutraceuticals International Group
Report Coverage Market Forecast, Competition Intelligence, Drivers, Restraints, Trends, Opportunities, Market Dynamics and Challenges, Strategic Growth Initiatives

Key Market Segments Covered in Nutraceutical CDMO Industry Research

By Dosage Form:

  • Tablets & Capsules
  • Powder
  • Softgel
  • Liquid Formulations
  • Others (Gummies, Sprays, Sachets, Topical Forms)

By Services:

  • Product Formulation and Development
  • Manufacturing and Packaging
  • Research and Development
  • Analytical and Testing Services
  • Regulatory Support

By Company Size:

  • Small Companies
  • Mid-sized Companies
  • Large Companies

By Region:

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

Frequently Asked Questions

How big will the nutraceutical CDMO market be in 2024?

The global market value is estimated to total US$ 35,730.8 million in 2024.

What is the expected market size in 2034?

The global nutraceutical CDMO market size is projected to reach US$ 61,655.3 million in 2034.

What is the demand outlook for the global market?

Demand for nutraceutical development and manufacturing services is set to rise at 5.6% CAGR.

Which service segment dominates the market?

The manufacturing and packaging segment held a dominant market share of 33.1% in 2023.

What was the historical CAGR for the global market?

The global market increased at a 4.6% CAGR from 2019 to 2023.

How big is the United States market?

The United States accounted for a 32.6% share of the global market in 2023.

What is the outlook for the China market?

China is poised to register a CAGR of 7.4% between 2024 and 2034.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand Side Trends
    1.3. Supply-Side Trends
    1.4. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
    2.3. Inclusions and Exclusions
3. Key Market Trends
    3.1. Key Trends Impacting the Market
4. Value Added Insights
    4.1. Service Adoption, By Region
    4.2. Overview of CRO and CDMO Services
    4.3. Role of Contract Service Providers
    4.4. Regulatory Scenario, By Country
    4.5. Industry Deals
    4.6. PESTEL Analysis by Region
    4.7. PORTER Analysis
5. Market Background
    5.1. Macro-Economic Factors
        5.1.1. Global Healthcare Expenditure Outlook
        5.1.2. Global R&D Funding Outlook
        5.1.3. Global Life Expectancy Outlook
        5.1.4. Growing Geriatric Population
    5.2. Forecast Factors - Relevance & Impact
        5.2.1. Increase in R&D Funding and Grants
        5.2.2. Increasing Adoption of Nutraceutical Products
        5.2.3. Product Pipeline
        5.2.4. Product Innovation Trends
        5.2.5. Market Consolidation Activities
        5.2.6. Prevalence of Chronic Diseases
        5.2.7. Shift Towards Technologically Advanced Products
    5.3. Market Dynamics
        5.3.1. Drivers
        5.3.2. Restraints
        5.3.3. Opportunity Analysis
6. Global Market Demand (in Value or Size in US$ million) Analysis 2019 to 2023 and Forecast, 2024 to 2034
    6.1. Historical Market Value (US$ million) Analysis, 2019 to 2023
    6.2. Current and Future Market Value (US$ million) Projections, 2024 to 2034
        6.2.1. Y-o-Y Growth Trend Analysis
        6.2.2. Absolute $ Opportunity Analysis
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Dosage Form
    7.1. Introduction / Key Findings
    7.2. Historical Market Size (US$ million) By Dosage Form, 2019 to 2023
    7.3. Current and Future Market Size (US$ million) Analysis and Forecast By Dosage Form, 2024 to 2034
        7.3.1. Tablets & Capsules
        7.3.2. Powder
        7.3.3. Softgel
        7.3.4. Liquid Formulations
        7.3.5. Others (Gummies, Sprays, Sachets, Topical Forms)
    7.4. Market Attractiveness Analysis By Dosage Form
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Services
    8.1. Introduction / Key Findings
    8.2. Historical Market Size (US$ million) Analysis By Services, 2019 to 2023
    8.3. Current and Future Market Size (US$ million) Analysis and Forecast By Services, 2024 to 2034
        8.3.1. Product Formulation and Development
        8.3.2. Manufacturing and Packaging
        8.3.3. Research and Development
        8.3.4. Analytical and Testing Services
        8.3.5. Regulatory Support
    8.4. Market Attractiveness Analysis By Services
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Company Size
    9.1. Introduction / Key Findings
    9.2. Historical Market Size (US$ million) By Company Size, 2019 to 2023
    9.3. Current and Future Market Size (US$ million) Analysis and Forecast By Company Size, 2024 to 2034
        9.3.1. Small Companies
        9.3.2. Mid-sized Companies
        9.3.3. Large Companies
    9.4. Market Attractiveness Analysis By Company Size
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
    10.1. Introduction / Key Findings
    10.2. Historical Market Size (US$ million) Analysis By Region, 2019 to 2023
    10.3. Current and Future Market Size (US$ million) Analysis and Forecast By Region, 2024 to 2034
        10.3.1. North America
        10.3.2. Latin America
        10.3.3. East Asia
        10.3.4. South Asia & Pacific
        10.3.5. Western Europe
        10.3.6. Eastern Europe
        10.3.7. Middle East & Africa
    10.4. Market Attractiveness Analysis By Region
11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    11.1. Introduction
    11.2. Historical Market Size (US$ million) Analysis by Market Taxonomy, 2019 to 2023
    11.3. Current and Future Market Size (US$ million) Analysis and Forecast by Market Taxonomy, 2024 to 2034
        11.3.1. By Country
            11.3.1.1. United States
            11.3.1.2. Canada
            11.3.1.3. Mexico
        11.3.2. By Dosage Form
        11.3.3. By Services
        11.3.4. By Company Size
    11.4. Market Attractiveness Analysis
        11.4.1. By Country
        11.4.2. By Dosage Form
        11.4.3. By Services
        11.4.4. By Company Size
    11.5. Country Level Analysis & Forecast
        11.5.1. United States Market Analysis
            11.5.1.1. Introduction
            11.5.1.2. Market Analysis and Forecast by Market Taxonomy
                11.5.1.2.1. By Dosage Form
                11.5.1.2.2. By Services
                11.5.1.2.3. By Company Size
        11.5.2. Canada Market Analysis
            11.5.2.1. Introduction
            11.5.2.2. Market Analysis and Forecast by Market Taxonomy
                11.5.2.2.1. By Dosage Form
                11.5.2.2.2. By Services
                11.5.2.2.3. By Company Size
        11.5.3. Mexico Market Analysis
            11.5.3.1. Introduction
            11.5.3.2. Market Analysis and Forecast by Market Taxonomy
                11.5.3.2.1. By Dosage Form
                11.5.3.2.2. By Services
                11.5.3.2.3. By Company Size
12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    12.1. Introduction
    12.2. Historical Market Size (US$ million) Analysis by Market Taxonomy, 2019 to 2023
    12.3. Current and Future Market Size (US$ million) Analysis and Forecast by Market Taxonomy, 2024 to 2034
        12.3.1. By Country
            12.3.1.1. Brazil
            12.3.1.2. Chile
            12.3.1.3. Rest of Latin America
        12.3.2. By Dosage Form
        12.3.3. By Services
        12.3.4. By Company Size
    12.4. Market Attractiveness Analysis
        12.4.1. By Country
        12.4.2. By Dosage Form
        12.4.3. By Services
        12.4.4. By Company Size
    12.5. Market Trends
    12.6. PESTEL Analysis
    12.7. Key Market Participants - Intensity Mapping
    12.8. Drivers and Restraints - Impact Analysis
    12.9. Country Level Analysis & Forecast
        12.9.1. Brazil Market Analysis
            12.9.1.1. Introduction
            12.9.1.2. Market Analysis and Forecast by Market Taxonomy
                12.9.1.2.1. By Dosage Form
                12.9.1.2.2. By Services
                12.9.1.2.3. By Company Size
        12.9.2. Chile Market Analysis
            12.9.2.1. Introduction
            12.9.2.2. Market Analysis and Forecast by Market Taxonomy
                12.9.2.2.1. By Dosage Form
                12.9.2.2.2. By Services
                12.9.2.2.3. By Company Size
13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    13.1. Introduction
    13.2. Historical Market Size (US$ million) Analysis by Market Taxonomy, 2019 to 2023
    13.3. Current and Future Market Size (US$ million) Analysis and Forecast by Market Taxonomy, 2024 to 2034
        13.3.1. By Country
            13.3.1.1. China
            13.3.1.2. Japan
            13.3.1.3. South Korea
        13.3.2. By Dosage Form
        13.3.3. By Services
        13.3.4. By Company Size
    13.4. Market Attractiveness Analysis
        13.4.1. By Country
        13.4.2. By Dosage Form
        13.4.3. By Services
        13.4.4. By Company Size
    13.5. Country Level Analysis & Forecast
        13.5.1. China Market Analysis
            13.5.1.1. Introduction
            13.5.1.2. Market Analysis and Forecast by Market Taxonomy
                13.5.1.2.1. By Dosage Form
                13.5.1.2.2. By Services
                13.5.1.2.3. By Company Size
        13.5.2. Japan Market Analysis
            13.5.2.1. Introduction
            13.5.2.2. Market Analysis and Forecast by Market Taxonomy
                13.5.2.2.1. By Dosage Form
                13.5.2.2.2. By Services
                13.5.2.2.3. By Company Size
        13.5.3. South Korea Market Analysis
            13.5.3.1. Introduction
            13.5.3.2. Market Analysis and Forecast by Market Taxonomy
                13.5.3.2.1. By Dosage Form
                13.5.3.2.2. By Services
                13.5.3.2.3. By Company Size
14. South Asia & Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    14.1. Introduction
    14.2. Historical Market Size (US$ million) Analysis by Market Taxonomy, 2019 to 2023
    14.3. Current and Future Market Size (US$ million) Analysis and Forecast by Market Taxonomy, 2024 to 2034
        14.3.1. By Country
            14.3.1.1. India
            14.3.1.2. ASEAN Countries
            14.3.1.3. Australia & New Zealand
            14.3.1.4. Rest of South Asia and Pacific
        14.3.2. By Dosage Form
        14.3.3. By Services
        14.3.4. By Company Size
    14.4. Market Attractiveness Analysis
        14.4.1. By Country
        14.4.2. By Dosage Form
        14.4.3. By Services
        14.4.4. By Company Size
    14.5. Country Level Analysis & Forecast
        14.5.1. India Market Analysis
            14.5.1.1. Introduction
            14.5.1.2. Market Analysis and Forecast by Market Taxonomy
                14.5.1.2.1. By Dosage Form
                14.5.1.2.2. By Services
                14.5.1.2.3. By Company Size
        14.5.2. ASEAN Countries Market Analysis
            14.5.2.1. Introduction
            14.5.2.2. Market Analysis and Forecast by Market Taxonomy
                14.5.2.2.1. By Dosage Form
                14.5.2.2.2. By Services
                14.5.2.2.3. By Company Size
        14.5.3. Australia & New Zealand Market Analysis
            14.5.3.1. Introduction
            14.5.3.2. Market Analysis and Forecast by Market Taxonomy
                14.5.3.2.1. By Dosage Form
                14.5.3.2.2. By Services
                14.5.3.2.3. By Company Size
15. Western Europe Market 2019-2022 and Forecast 2024 to 2034
    15.1. Introduction
    15.2. Historical Market Size (US$ million) Analysis by Market Taxonomy, 2019 to 2023
    15.3. Current and Future Market Size (US$ million) Analysis and Forecast by Market Taxonomy, 2024 to 2034
        15.3.1. By Country
            15.3.1.1. Germany
            15.3.1.2. Italy
            15.3.1.3. France
            15.3.1.4. United Kingdom
            15.3.1.5. Spain
            15.3.1.6. BENELUX
            15.3.1.7. Rest of Western Europe
        15.3.2. By Dosage Form
        15.3.3. By Services
        15.3.4. By Company Size
    15.4. Market Attractiveness Analysis
        15.4.1. By Country
        15.4.2. By Dosage Form
        15.4.3. By Services
        15.4.4. By Company Size
    15.5. Country Level Analysis & Forecast
        15.5.1. Germany Market Analysis
            15.5.1.1. Introduction
            15.5.1.2. Market Analysis and Forecast by Market Taxonomy
                15.5.1.2.1. By Dosage Form
                15.5.1.2.2. By Services
                15.5.1.2.3. By Company Size
        15.5.2. France Market Analysis
            15.5.2.1. Introduction
            15.5.2.2. Market Analysis and Forecast by Market Taxonomy
                15.5.2.2.1. By Dosage Form
                15.5.2.2.2. By Services
                15.5.2.2.3. By Company Size
        15.5.3. Spain Market Analysis
            15.5.3.1. Introduction
            15.5.3.2. Market Analysis and Forecast by Market Taxonomy
                15.5.3.2.1. By Dosage Form
                15.5.3.2.2. By Services
                15.5.3.2.3. By Company Size
        15.5.4. Italy Market Analysis
            15.5.4.1. Introduction
            15.5.4.2. Market Analysis and Forecast by Market Taxonomy
                15.5.4.2.1. By Dosage Form
                15.5.4.2.2. By Services
                15.5.4.2.3. By Company Size
        15.5.5. BENELUX Market Analysis
            15.5.5.1. Introduction
            15.5.5.2. Market Analysis and Forecast by Market Taxonomy
                15.5.5.2.1. By Dosage Form
                15.5.5.2.2. By Services
                15.5.5.2.3. By Company Size
        15.5.6. United Kingdom Market Analysis
            15.5.6.1. Introduction
            15.5.6.2. Market Analysis and Forecast by Market Taxonomy
                15.5.6.2.1. By Dosage Form
                15.5.6.2.2. By Services
                15.5.6.2.3. By Company Size
16. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    16.1. Introduction
    16.2. Historical Market Size (US$ million) Analysis by Market Taxonomy, 2019 to 2023
    16.3. Current and Future Market Size (US$ million) Analysis and Forecast by Market Taxonomy, 2024 to 2034
        16.3.1. By Country
            16.3.1.1. Russia
            16.3.1.2. Hungary
            16.3.1.3. Poland
            16.3.1.4. Rest of Eastern Europe
        16.3.2. By Dosage Form
        16.3.3. By Services
        16.3.4. By Company Size
    16.4. Market Attractiveness Analysis
        16.4.1. By Country
        16.4.2. By Dosage Form
        16.4.3. By Services
        16.4.4. By Company Size
    16.5. Country Level Analysis & Forecast
        16.5.1. Russia Market Analysis
            16.5.1.1. Introduction
            16.5.1.2. Market Analysis and Forecast by Market Taxonomy
                16.5.1.2.1. By Dosage Form
                16.5.1.2.2. By Services
                16.5.1.2.3. By Company Size
        16.5.2. Hungary Market Analysis
            16.5.2.1. Introduction
            16.5.2.2. Market Analysis and Forecast by Market Taxonomy
                16.5.2.2.1. By Dosage Form
                16.5.2.2.2. By Services
                16.5.2.2.3. By Company Size
        16.5.3. Poland Market Analysis
            16.5.3.1. Introduction
            16.5.3.2. Market Analysis and Forecast by Market Taxonomy
                16.5.3.2.1. By Dosage Form
                16.5.3.2.2. By Services
                16.5.3.2.3. By Company Size
17. Middle East & Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034
    17.1. Introduction
    17.2. Historical Market Size (US$ million) Analysis by Market Taxonomy, 2019 to 2023
    17.3. Current and Future Market Size (US$ million) Analysis and Forecast by Market Taxonomy, 2024 to 2034
        17.3.1. By Country
            17.3.1.1. Saudi Arabia
            17.3.1.2. Türkiye
            17.3.1.3. South Africa
            17.3.1.4. Other African Union
            17.3.1.5. Rest of Middle East & Africa
        17.3.2. By Dosage Form
        17.3.3. By Services
        17.3.4. By Company Size
    17.4. Market Attractiveness Analysis
        17.4.1. By Country
        17.4.2. By Dosage Form
        17.4.3. By Services
        17.4.4. By Company Size
    17.5. Country Level Analysis & Forecast
        17.5.1. Saudi Arabia Market Analysis
            17.5.1.1. Introduction
            17.5.1.2. Market Analysis and Forecast by Market Taxonomy
                17.5.1.2.1. By Dosage Form
                17.5.1.2.2. By Services
                17.5.1.2.3. By Company Size
        17.5.2. Türkiye Market Analysis
            17.5.2.1. Introduction
            17.5.2.2. Market Analysis and Forecast by Market Taxonomy
                17.5.2.2.1. By Dosage Form
                17.5.2.2.2. By Services
                17.5.2.2.3. By Company Size
        17.5.3. South Africa Market Analysis
            17.5.3.1. Introduction
            17.5.3.2. Market Analysis and Forecast by Market Taxonomy
                17.5.3.2.1. By Dosage Form
                17.5.3.2.2. By Services
                17.5.3.2.3. By Company Size
        17.5.4. Other African Union Market Analysis
            17.5.4.1. Introduction
            17.5.4.2. Market Analysis and Forecast by Market Taxonomy
                17.5.4.2.1. By Dosage Form
                17.5.4.2.2. By Services
                17.5.4.2.3. By Company Size
18. Market Structure Analysis
    18.1. Market Analysis by Tier of Companies
    18.2. Market Share Analysis of Top Companies
    18.3. Market Presence Analysis
19. Competition Analysis
    19.1. Competition Benchmarking
    19.2. Competition Dashboard
    19.3. Key Development Analysis
    19.4. Key Promotional Strategies, By Manufacturers
    19.5. Competition Deep Dive
        19.5.1. Catalent, Inc.
            19.5.1.1. Overview
            19.5.1.2. Service Portfolio
            19.5.1.3. Sales Footprint
            19.5.1.4. Key Financials
            19.5.1.5. Key Developments
            19.5.1.6. Strategy Overview
            19.5.1.7. SWOT Analysis
        19.5.2. Lonza
        19.5.3. Aenova Group
        19.5.4. Akums Drugs and Pharmaceutical Ltd.
        19.5.5. BASF SE
        19.5.6. Sirio Pharma
        19.5.7. Pharmavite LLC
        19.5.8. Nature's Products, Inc.
        19.5.9. PLT Health Solutions
        19.5.10. Glanbia Nutritionals
        19.5.11. Recipharm AB
        19.5.12. B&D Nutritional Ingredients
        19.5.13. NutraScience Labs
        19.5.14. Vitakem Nutraceutical Inc.
        19.5.15. Softigel (A division of Procaps Group)
        19.5.16. Iprona AG
        19.5.17. Nutrilo GmbH
        19.5.18. Atlantic Essential Products, Inc.
        19.5.19. ProTec Nutra Ltd.
        19.5.20. Nutraceuticals International Group
20. Assumptions and Acronyms Used
21. Research Methodology
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