Herbal products contract manufacturing refers to herbal products that are outsourced. The reason why pharmaceutical and biopharmaceutical companies are turning to outsourcing for the manufacture of products include: cost pressures, globalization, complex pricing and regulatory environments. Herbal products contract manufacturing industry has huge potentials. In 2002, pharmaceutical outsourcing market was pegged at $8 billion and is expected to grow to $10 billion over the next few years. These herbal products contract manufacturing companies aid the individuals or herbal distributors to develop outsourcing programs. They adhere to the required GMP or Good Manufacturing Practices standards.
Herbal products contract manufacturing companies also offer private labeling of products. This feature of herbal products contract manufacturing pertains to marketing products with the customer company's private name, logo, design and address on the label or package. This is to ensure that the customers are able to identify with the individual or herbal company who availed of herbal products contract manufacturing. This is an important aspect in developing and maintaining a customer base or in order to create a niche in the market. Some herbal products contract manufacturing companies offer a number of stock items from which the client company can choose their own label or allow them to be able to establish their own brand name on one or a number of custom formulations.
Custom formulation is another feature offered by herbal products contract manufacturing companies. It refers to a product that is made exclusively to fit the client company's exact specifications. The formulas for each client company will depend on the ingredients they require which could range from a single ingredient to several different combinations. In this method, a client can require modification of an existing product or develop an entirely new formulation. Herbal products contract manufacturing companies can assist clients in every phase of product development. The custom formulation is intended to meet individual retail, marketing or advertisement campaigns. They can also supply orders directly from their facilities for the client's convenience.
Services offered by herbal products contract manufacturing could include any or all of the following:
Formulations, blends and testing
Custom blending-formulation
Production of pilot batches
Encapsulation
Private labeling
No minimum orders on in-stock items
Contract packaging
Development of analytical methods
Packaging and distribution
Manufacturing
Herbal products contract manufacturing companies can manufacture any or all of the following products:
Liquids/suspensions
Ointments
Suppositories
Tablets/film-coated tablets
Granules
Non-flammable aerosol
Written by:
G. Metcalf
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