all report title image
  • Published On : Nov 2020
  • Code : CMI4274
  • Industry : Pharmaceutical
  • Pages : 175
  • Formats :

Health supplementary food is recommended for patients with chronic disease conditions in order to combat the weak immune system, which affects eating habits and results in drastic weight loss. The increasing prevalence of chronic diseases such as diabetes and chronic kidney disease is increasing risk of malnutrition, which in turn is expected to drive the global health supplementary food OEM/ODM market growth. For instance, the rising prevalence of malnutrition is driving growth of the global health supplementary food OEM/ODM market. According to Feeding America 2015, around 2 million people suffer from starvation in the U.S, which includes 13 million children.

The global health supplementary food OEM and ODM market is estimated to be valued at US$ 11,655.7 million in 2020 and is expected to exhibit a CAGR of 7.8% during the forecast period (2020-2027).

Figure 1. Global Health Supplementary Food OEM and ODM Market Share (%) in Terms of Value, By Region, 2019

Health Supplementary Foods OEM And ODM  | Coherent Market Insights

Product launches are expected to propel the market growth during the forecast period

The increasing number of product launches by manufacturers is expected to drive the global health supplementary food OEM and ODM market growth during the forecast period. For instance, in April 2020, Vitality Wellness, a New Zealand-based company, launched an immune health supplement made from blackcurrants addressing the nutritional demands amid the COVID-19 outbreak in the country.

Figure 2. Global Health Supplementary Food OEM and ODM Market Share (%), by Product Type, 2020

Health Supplementary Foods OEM And ODM  | Coherent Market Insights

Inorganic growth strategies such as acquisitions is expected to drive the market growth during the forecast period

Market players are focused on inorganic growth strategies such as acquisitions, collaborations, and distribution agreements to strengthen their product portfolio and market share. For instance, in February 2018, Kolmar Korea acquired CJ HealthCare, a health foods and drug maker company, for US$ 1.2 billion. CJ HealthCare, which makes South Korea's most popular anti-hangover drink, is expected to help Kolmar Korea to expand its product portfolio in the market.

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Health Supplementary Food OEM and ODM Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2020: US$ 11,655.7 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 7.8% 2027 Value Projection: US$ 19,771.2 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Nutrition Type: Enzymes, Pre & Probiotics, Meal Replacements, Diet Supplements.
  • By Formulation: Capsules, Tablets, Granules, Liquid, Softgels.
  • By Packaging Type: Bottle Packaging, Containers & Jars, Gastrointestinal Diseases, Lamizip Packaging, Three Sided Seal Pack, Stick Packaging, Blister Packaging, Box Packaging, Others.
Companies covered:

Cosmax Inc., Kolmar Korea, Japan Supplement Foods Co., Ltd., Health Sources Nutrition Co., Ltd., Goerlich Pharma GmbH, API Co., Ltd., Syngen Biotech Co., Ltd., OriBionatureSdnBhd, Nutricare Co.,Ltd, and NOVAREX Co., Ltd

Growth Drivers:
  • The rising prevalence of chronic diseases
  • Government initiatives, investments, and funding for health supplementary food research and development
Restraints & Challenges:
  • Stringent regulations for product approval and high cost of nutritional products
  • Lack of awareness regarding nutritional diet among low- and mid-income countries

Global Health Supplementary Food OEM and ODM Market – Impact of Coronavirus (Covid-19) Pandemic

The COVID-19 pandemic is affecting clinical trials drastically. According to a survey conducted by Medidata Solutions, Inc. (an American technology company, which develops and markets software as a service for clinical trials), on April 23, 2020, 63% of survey respondents reported that they stopped recruiting new patients for ongoing clinical trials and 43% of the respondents have postponed their studies.

Furthermore, ongoing clinical trials need to be conducted by healthcare facilities and researchers by adhering to the following safety measures:

  • Healthcare providers are obtaining patients' consent over the phone or through video conferences. According to a survey conducted by Medidata Solutions, Inc., on April 23, 2020, 45% of the respondents opted for virtual/telemedicine for consultancy.
  • The patients receive a phone call for screening of COVID-19 symptoms before the scheduled in-person visits
  • Assessments of the studies are being done in single outpatient areas

Global Health Supplementary Food OEM and ODM Market: Restraints

The major factors restraining growth of the health supplementary food OEM and ODM market are side effects and complications caused by products indicated for health supplementary food OEM and ODM. For instance, according to a study published in the scientific journal, Annals of Internal Medicine in December 2013, regular vitamin use increased with increase in income. Moreover, majority of the population earning less than US$ 24,000 per year did not take vitamins, whereas 55% of the population earning more than US$ 60,000 and more per year took vitamins regularly.

Lack of awareness regarding healthcare, diet, and proper nutrition balance in low-and middle income economies is another major factor, which is expected to hinder growth of the global health supplementary food OEM and ODM market over the forecast period. Rural areas in low-and middle income economies such as Africa and Asia Pacific have very low awareness about nutritional products and diseases associated with the nutritional deficiencies, which is expected to be a major reason leading to slow adoption of health supplementary foods OEM and ODM production in such regions, thereby hindering the market growth.

Key Players

Major players operating in global health supplementary food OEM and ODM market include Cosmax Inc., Kolmar Korea, Japan Supplement Foods Co., Ltd., Health Sources Nutrition Co., Ltd., Goerlich Pharma GmbH, API Co., Ltd., Syngen Biotech Co., Ltd., OriBionatureSdnBhd, Nutricare Co.,Ltd, and NOVAREX Co., Ltd among others.

Health supplementary foods are the ingredients or elements, which add nutrients to the diet. Such supplements lower the risk of health problems such as osteoporosis or arthritis, intestinal diseases, diabetes, chronic kidney disease, and others. For instance, according to the Chronic Kidney Disease 2019 report published by the Centers for Disease Control and Prevention (CDC), in 2019, around 37 million adults in the U.S. (15% of the total adult population) suffered from chronic kidney disease (CKD).

Market Dynamics

Health supplementary food plays a crucial role in reducing complications associated with certain chronic conditions such as type 2 diabetes and chronic kidney disease (CKD). For instance, according to the International Diabetes Federation (IDF), in 2019, 463 million adults across the globe in the age group of 20 to 79 had diabetes and the number is expected to reach 700 million by 2045, resulting in 51.2% increase between 2019 and 2045. As per the International Diabetes Federation (IDF), around 374 million people worldwide are at a higher risk of developing type 2 diabetes.

Key features of the study:

  • This report provides in-depth analysis of the global health supplementary food OEM and ODM market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2020–2027), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global health supplementary food OEM and ODM market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans.
  • Key companies covered as a part of this study include Cosmax Inc., Kolmar Korea, Japan Supplement Foods Co., Ltd., Health Sources Nutrition Co., Ltd., Goerlich Pharma GmbH, API Co., Ltd., Syngen Biotech Co., Ltd., OriBionatureSdnBhd, Nutricare Co.,Ltd, and NOVAREX Co., Ltd among others
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, market expansion, and marketing tactics
  • The global health supplementary food OEM and ODM market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global health supplementary food OEM and ODM market

Detailed Segmentation:

  • Global Health Supplementary Food OEM and ODM Market, By Nutrition Type:
    • Enzymes
    • Pre & Probiotics
    • Meal Replacements
    • Diet Supplements
  • Global Health Supplementary Food OEM and ODM Market, By Formulation:
    • Capsules
    • Tablets 
    • Granules
    • Liquid 
    • Softgels
  • Global Health Supplementary Food OEM and ODM Market, By Packaging Type:
    • Bottle Packaging
    • Containers & Jars
    • Gastrointestinal Diseases
    • Lamizip Packaging
    • Three Sided Seal Pack
    • Stick Packaging
    • Blister Packaging
    • Box Packaging
    • Others
  • Global Health Supplementary Food OEM and ODM Market, By Region:
    • North America
      • By Nutrition Type
        • Enzymes
        • Pre & Probiotics
        • Meal Replacements
        • Diet Supplements
      • By Formulation
        • Capsules
        • Tablets 
        • Granules
        • Liquid 
        • Softgels
      • By Packaging Type
        • Bottle Packaging
        • Containers & Jars
        • Gastrointestinal Diseases
        • Lamizip Packaging
        • Three Sided Seal Pack
        • Stick Packaging
        • Blister Packaging
        • Box Packaging
        • Others
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Nutrition Type
        • Enzymes
        • Pre & Probiotics
        • Meal Replacements
        • Diet Supplements
      • By Formulation
        • Capsules
        • Tablets 
        • Granules
        • Liquid 
        • Softgels
      • By Packaging Type
        • Bottle Packaging
        • Containers & Jars
        • Gastrointestinal Diseases
        • Lamizip Packaging
        • Three Sided Seal Pack
        • Stick Packaging
        • Blister Packaging
        • Box Packaging
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Nutrition Type
        • Enzymes
        • Pre & Probiotics
        • Meal Replacements
        • Diet Supplements
      • By Formulation
        • Capsules
        • Tablets 
        • Granules
        • Liquid 
        • Softgels
      • By Packaging Type
        • Bottle Packaging
        • Containers & Jars
        • Gastrointestinal Diseases
        • Lamizip Packaging
        • Three Sided Seal Pack
        • Stick Packaging
        • Blister Packaging
        • Box Packaging
        • Others
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Nutrition Type
        • Enzymes
        • Pre & Probiotics
        • Meal Replacements
        • Diet Supplements
      • By Formulation
        • Capsules
        • Tablets 
        • Granules
        • Liquid 
        • Softgels
      • By Packaging Type
        • Bottle Packaging
        • Containers & Jars
        • Gastrointestinal Diseases
        • Lamizip Packaging
        • Three Sided Seal Pack
        • Stick Packaging
        • Blister Packaging
        • Box Packaging
        • Others
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Nutrition Type
        • Enzymes
        • Pre & Probiotics
        • Meal Replacements
        • Diet Supplements
      • By Formulation
        • Capsules
        • Tablets 
        • Granules
        • Liquid 
        • Softgels
      • By Packaging Type
        • Bottle Packaging
        • Containers & Jars
        • Gastrointestinal Diseases
        • Lamizip Packaging
        • Three Sided Seal Pack
        • Stick Packaging
        • Blister Packaging
        • Box Packaging
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Nutrition Type
        • Enzymes
        • Pre & Probiotics
        • Meal Replacements
        • Diet Supplements
      • By Formulation
        • Capsules
        • Tablets 
        • Granules
        • Liquid 
        • Softgels
      • By Packaging Type
        • Bottle Packaging
        • Containers & Jars
        • Gastrointestinal Diseases
        • Lamizip Packaging
        • Three Sided Seal Pack
        • Stick Packaging
        • Blister Packaging
        • Box Packaging
        • Others
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Cosmax Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Overview
      • Key Highlights
      • Market Strategies
    • Kolmar Korea
    • Japan Supplement Foods Co., Ltd.
    • Health Sources Nutrition Co., Ltd.
    • Goerlich Pharma GmbH
    • API Co., Ltd.
    • Syngen Biotech Co., Ltd.
    • OriBionatureSdnBhd
    • Nutricare Co.,Ltd
    • NOVAREX Co., Ltd

“*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

The global health supplementary food OEM and ODM market is expected to register a CAGR of 7.8% during the forecast period (2020-2027).
The value of the global health supplementary food OEM and ODM market is estimated to be US$ 11,655.7 million in 2020.
The global health supplementary food OEM and ODM market is expected to be valued at US$ 19,771.2 million in 2027.
Cosmax Inc., Kolmar Korea, Japan Supplement Foods Co., Ltd., Health Sources Nutrition Co., Ltd., Goerlich Pharma GmbH, API Co., Ltd., Syngen Biotech Co., Ltd., OriBionatureSdnBhd, Nutricare Co.,Ltd, and NOVAREX Co., Ltd among others are some of the prominent players operating in the global health supplementary food OEM and ODM market.
North America is the prominent region in the global health supplementary food OEM and ODM market.
The rising prevalence of chronic diseases and government initiatives, investments, and funding for health supplementary food research and development are driving the global health supplementary food OEM and ODM market growth.

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