Guide to Starting a Nutraceuticals Business

You might have a novel formula for a nutritional supplement that has a potential for commercial success. You might be thinking of starting a nutraceuticals business. Think it would be too complicated to put up your own production plant?

Read from our guide how you could possibly start a nutraceuticals business easier than you think.

With the desire of people to prevent chronic health conditions and increase life expectancy, comes the demand for dietary supplements and herbal products. People are now spending money on nutritional supplements that contain omega-3 fatty acids, antioxidants, and dietary fiber to improve their well-being. This makes the business of manufacturing nutraceuticals attractive. If you hold some right to a nutritional formulation that you want to distribute commercially and you plan to open a nutraceuticals business, experts recommend that rather than starting from zero, you can get a contract manufacturer, an expert in just the job you are planning to do.

Getting a Contract Manufacturer

Getting a contract manufacturer can save you time and money in figuring out what to do for a formula that you intend to develop and market. With a contract manufacturer, you don’t have to train people, maintain equipment, deal with quality control or learn a system. A full-service contract manufacturer will take care of your needs to from manufacturing, creating a brand name, designing a label, to packaging and shipping.

To find the right developer for your brainchild, you would have to approach several contract manufacturers. They will give you a quote for their services and bid for a contract. It’s up to you to choose which contract manufacturer is right for your needs. While it may be tempting to choose the one with the lowest price quote, it would be wiser for you to pick one with the size enough to handle your job specifications. Look at the number of years that they have been in business, find out what others are saying about the quality of their service as well as their capability.

You can find contract manufacturers from business directories. You can choose one that is near you or abroad. While choosing a company offshore could be attractive in terms of cost, consider other factors you have to deal with when transacting with a company from another country, like customs and currency exchange.
To find contract manufacturers, visit: www.thomasnet.com or www.business.com

Nutraceuticals Business Competition

As the nutraceuticals industry is an attractive area for investment right now, it is expected that competition among players both local and global will be intense. Nutraceuticals companies will compete in terms of price, efficacy, and safety of their products. Keeping consumers loyal to the brand will be critical for the survival of the business, so is being up-to-date in terms of technology.
 

38 Comments

  • Prashant said on January 1, 2011
    Hello, I want to set up a business in Nutraceuticals in Sholapur (maharashtra). Please help me with the estimate to start up with the business. Whom do I contact for some hands on about this revolutionary product. My contact info :- 9890214989
  • george rawlings said on January 20, 2011
    i want to open up a small healthfood store and health consultant business in raleigh n.c.please email or contact me on any possible suggestion,my contact number is 2819054616
  • Ms. Meenal Kothawade said on November 16, 2011
    Dear Sir, I am B.Pharm, I want to start Neutraceutical business, Please help me with some ideas and how should i start the business, what will be the cost, machine and man power requirement. Hoping for your positive reply. My mobile no. is 9870486735
  • AL Martinez said on March 14, 2012
    Located in Florida. I would like to pursue in opening up an online nutracuetical company. Please advise on cost and steps to go about it.
  • W. Pollard said on December 5, 2012
    Rep. of Panamá. We are an fully incorporated entity (S.A.) in Panamá. We have a full line of 100% natural remedy products and would like to also do contract manufacturing. We are seeking interested parties: Angel Funding or other investors.
  • John Kwasi Asamoah said on December 26, 2012
    I have herbal formulation to cure HIV/AIDS and seriously looking for partners to develop and manufacture. Interested parties should contact me on info. asalinks at gmail dot com Phone no. +233-264-991887; +233-244-991888
  • anil patel said on April 13, 2013
    hi, i am commerce graduate i want to start manufacturing of Nutraceuticals product in Ahmedabad Gujarat kindly give me suggestion and guide
  • Kevin Weber said on December 11, 2013
    We are a herbal and neutraceutical friendly manufacture of capsule fillers and tablet presses. We offer years of experience with sales, on site installation and training of Checkweighing and metal detection systems for the food and pharmaceutical processing and packaging industries. DR. Pharm USA, 1605 East 69th Avenue, Denver, CO 80229, Phone: 303.327.4704
  • Ajay said on January 6, 2014
    Ajay Nilawar, Mumbai, India. Interested in starting a nutraceutical business in India. Based on a novel Nutraceutical Formulation. Please help.
  • Dr. Soni Vijay said on February 1, 2014
    Presently manufacturing animal feed supplements in form of suspensions, powder & granules Want to enter in human neitraceutical. I want advise regarding license, & other legal requirements & how to proceed. So plz guide me
  • Lesiba Mankga said on February 5, 2014
    How much can one really put up to start a pharmaceutical business?
  • Lesiba Mankga said on April 27, 2014
    I intend locating my business in a newly developed shopping mall in Moruleng (Rustenbrg)Northwest. My concept was inspired by highly medicated communities in and around the world.
  • Bhushan K said on June 3, 2014
    I am looking for supporting partners who would like to team up for Nutraceutical start up in Maharashtra
  • rony banerjee said on June 29, 2014
    I have a marketing plan for low cost Nutraceuticals/ fortified diets for Rural segment especially in Bihar. I have following queries
    1. What licenses are required for getting the products manufactured through " contract Manufacturer
    2. we already have a pharmaceutical company registered ( GMP and ISO 9001:2008) certified. does it require separate licenses under FSSAI if Nutraceuticals have to be manufactured.
    3. who can help me for a DPR
  • salil vij said on July 18, 2014
    Hello, I want to set up a business in Nutraceuticals in Faridabad (haryana). Please help me with the estimate to start up with the business. My contact info :- 9818304250
  • Firoz Daginawala said on December 3, 2014
    I want to start business in nutraceuticals in mumbai, how do i go about it regarding buying of products, licenses, selling, profits and losses associated with the business.kindly guide
  • Atul Shah said on January 3, 2015
    ours is an import / distribution company willing to diversify in Nutraceuticals / cosmeceutical business. We invite viable proposal. anyone having existing business willing to grow can contact me on my e-mail. can contact me on my e-mail atulshah_06@yahoo.co.in
  • Mr. Soudagar M. M. said on January 5, 2015
    Hello.I am from Sangli ( Maharashtra) and i am going to start nutra. Industry. "my product is nutritious as well as any one can buy it frequently. Thus it would be a good opportunity to those who are willing to make their career in the field of nutra. " If any one is interested then send me mail on - only4agri@gmail.com or call me on 08482818172.
  • Amar Kantak said on March 19, 2015
    Hello! I live in Goa (Margao) and am interested in 'Nutraceutical & Cosmeceutical' business in Goa region. Request all to send their business proposals. Contact Details: 9325827455 / amar9975697814@gmail.com. Thanks. Amar
  • RANJAN PATEL said on April 11, 2015
    We having a mfg unit at gujarat for cephalosporin, antibiotics and neutraceutical items with consultancy work in any kind of pharma projects, trouble shooting for to develop any kind of formulation, stability data and other required documents we can prepare soon for you : bakuda.pharma@gmail.com m 09760315509 08735871513
  • Rajiv Kumar said on April 28, 2015
    Guide to Starting a Nutraceuticals Business. please send a report
  • rakesh said on May 7, 2015
    Hello.. I am planning to start up a neutraceitical business. Can any one guide, How much can one really put up to start a Nutraceutical business? and also I am looking for supporting partners who would like to team up for Nutraceutical start up in Maharashtra or Andhrapradesh. rakeshbulugondla@gmail.com 9004076544
  • Darpan Makhecha said on July 26, 2015
    Hello sir, I want to start my neutraceutical business, can you help me to find out who are the contract manufacturers there necessary and what are the criteria should I fulfill to enter in market and what is the future of neutraceutical in India with how much investment. also suggest me on +91-9426599037...
  • sandeep wadhai said on August 12, 2015
    I want to start business of neutraceutical on bhandara near nagpur ......9960139994
  • Aman khalil said on September 7, 2015
    Hello sir I want to start a nutraceutical business in Pakistan .kind send me all necessary details about manufacturing .thanx
  • Moe Ahmad said on November 28, 2015
    Hello there I'm looking to start a website where I can sell the products. I would like any information you might think might be helpful. Thank you
  • Arjun said on February 5, 2016
    Nutraceuticals & health food new products manufacturing for guidance or any consultation pls contact to 8550094272
  • Judith said on March 3, 2016
    Dear Sir, I am B.Pharm, I want to start Neutraceutical business with health consultations in Papua New Guinea. Please help me with some ideas and how should i start the business, what will be the cost,and man power required. Hoping for your positive reply. My mobile no. is +675 73203949 or email at jaylizznui@gmail.com
  • M Ali kamran said on May 1, 2016
    Hello sir I am MAli Kamran from Pakistan and I am interested in neutraceuticals business manufacturing and guidance please help me for any consultation kind send me all necessary details about manufacturing thanks.Please contact me +9230000660710
  • vikas kshirsagar said on June 18, 2016
    Hello Sir, I am interested to start in new nutraceutical plant in Maharashtra. Please contact me
  • Jatin Mirani said on June 29, 2016
    Hello sir, I am in contact with a uncle of mine who is into nutrition consultancy in US for past 30-40 years. He has novel formulas for nutraceuticals that are currently not present in the market. I want to start the business based in India. I am also willing to relocate depending on the demand of the business. Please guide me in the process as to understand the current market scenario of nutraceuticals in India.
  • Renalto said on November 8, 2016
    hi all, i'm currently working in nutraceutical company, plz share if there is any valuable information on Nutraceuticals. you can contact me on 9865387888
  • Nanni said on June 7, 2017
    Hello, I want to start my own nutraceutical manufacturing plant in Karnataka. Want to know what are all the procedures and requirements. Please guide regarding this
  • Vivek Ujavane said on August 31, 2017
    Hello sir, I am Vivek Ujavane. I want to start business in nutraceuticals and need some guidance. so please help me..
  • Ronak Barot said on November 25, 2017
    Hi There, I am willing to start a nutraceuticals mfg company.. Any consultant available please contact me on +91-9712222352 or rbtechsavvy@gmail.com
  • Dr. Josephine Ang Balacui said on May 11, 2018
    I am Dr. Josephine Ang Balacuit M.D. I have top quality nutraceuticals made in the USA, you just spray in your mouth and it goes directly into the circulation. I am looking for distributors worldwide. I am willing to train my distributors on alternative meds. Pls. email me at jijimd@gmail.com. I will be manufacturing soon so I can include herbals as functional nutraceuticals.
  • James said on December 19, 2018
    Hello Dear, we are a leading manufacturer of Vegetable Capsules, premium quality and competitive prices,99.9% filling rate and low moisture,high transparent technology,please feel free to contact with us for inquiry. james@gjyhealth.com jamesb2b@hotmail.com
  • Sreeram Gorthy said on June 17, 2019
    Any body who are interested investing in Nutraceuticals, biologically derived medical compounds can contact me i am a post grad Microbiologist my contact number is 9491393335 and my mail address is ram.2007bioech@gmail.com

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