North American FPM Contract Manufacturing Market Share, Growth & Report to 2025


Posted May 27, 2020 by rishabh3210

North American FPM Contract Manufacturing Market Share, Growth & Report to 2025North American FPM Contract Manufacturing Market Share, Growth & Report to 2025

 
North American FPM contract manufacturing market is expected to grow at a CAGR of around 5.3% during the forecast period. The North America FPM contract manufacturing market is segmented two regions include the US and Canada. The US is growing at a CAGR of 5.3% during the forecast period. Whereas, Canada is expected to grow at the CAGR of around 5.8% during the forecast period.

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The market has been primarily driven by the footprints of the major food contract manufacturers and increasing innovations in food products. The increased demand for nutritional supplements is also one of the important factors boosting the North American FPM contract manufacturing market. According to the Council for Responsible Nutrition (CRN) survey, more than 71% of the US adults take dietary supplements. The figure is more than 170 million US adults. Among supplement users, the five most popular dietary supplements including a multivitamin, vitamin D, vitamin C, calcium and vitamin B/B complex.

A Full Report of North American Food Processing and Manufacturing (FPM) Contract Manufacturing Market is Available at: https://www.omrglobal.com/industry-reports/north-american-fpm-contract-manufacturing-market

The North American FPM contract manufacturing market players includes Century Foods International, LLC and Soft Gel Technologies Inc. among others that provides R&D, custom formulation, processing, filling and packaging of dairy proteins and nutritional products and powder blends. On the other hand, Soft Gel Technologies, Inc. offers contract manufacturing service for soft gelatin capsules for the nutritional supplements industry. Its offerings include EZmega3 and CoQ10, contributing to market growth.

These contract manufacturers play a vital role in the North American FPM contract manufacturing market as the government regulations are stringent regarding food safety and quality. This, in turn, has primarily led the demand for food contract manufacturers as they support food & beverage manufacturers across various food manufacturing and processing activities such as R&D, manufacturing, and packaging.

Market Segmentation

North American FPM Contract Manufacturing by Services

Food Manufacturing Services
Convenience Foods
Bakery Products
Dietary Supplement
Confectionery Products
Dairy Products
Others
Research and Development
Food Packaging Services

Regional Analysis

United States
Canada

Company Profiles

Access Business Group LLC
AFP Advanced Food Products LLC.
Century Foods International LLC
Hearthside Food Solutions LLC
Nutrascience Labs Inc.
Nu-World Foods
NVE Pharmaceuticals, Inc.
Pacmoore Products Inc.
Soft Gel Technologies Inc.
Thrive Foods LLC

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Tags north american fpm contract manufacturing market share , growth report to 2025
Last Updated May 27, 2020