The supplements and nutrition packaging market is likely to secure a CAGR of 4.7% through 2032. The market is likely to reach a valuation of US$ 41.13 Bn by 2032, up from its current valuation of US$ 25.58 Bn in 2022.
| Attributes | Details |
|---|---|
| Supplements and Nutrition Packaging Market CAGR | 4.7% |
| Supplements and Nutrition Packaging Market (2022) | US$ 25.58 Billion |
| Supplements and Nutrition Packaging Market (2032) | US$ 41.13 Billion |
Various supplements and nutrition packaging companies are innovating safe and convenient packaging. These top-most companies are securing a significant share in recent years through their research and development. They offer plenty of supplements and nutrition packagings, such as blisters, supplement powders, capsules, and others.
Moreover, the entire packaging depends upon the volume of products. The manufacturers are expanding the market as per consumer demand due to rising fitness and health consciousness among youngsters in recent years.
The manufacturers are rapidly growing the pharmaceuticals and food & beverage companies to upsurge the market share. As consumers attract these nutrition and supplement products to gain their body mass, change their lifestyle, and keep their body fit. Moreover, the key players have developed several supplements and nutrition packaging that are durable, chemical resistant, high quality, and high performance.
Although, these packaging by key players are not only safe for the supplements and nutrition products but also maintain their quality and taste. The suppliers and distributors are preferred shelf life products to provide the best to their consumers are likely to increase the sales of supplements and nutrition packaging.
The key players are providing promising products which solve various health-related issues through their high nutrient and vitamin supplements with the warranty.
They are making the packaging more attractive but simple to highlight their products and create more opportunities to increase supplements and nutrition sales. These players advertise their products on the packaging boxes and mention the products' ingredient details so the consumers can buy them with their preferences in recent years.
The top-performing players use rigid and flexible materials for more convenient packaging. They are using several marketing strategies to upsurge the market size and consolidate with several key food & beverages and pharmaceutical players.
As per end-users demand, they make sustainable, lightweight, and eco-friendly packaging which are more flexible in transportation. The manufacturers are making types of packaging with the types of supplement boxes and bottles, which drives the market size as they are huge in demand by consumers.
Moreover, the companies are focusing on the rising trends and growing preferences which is directly boosted the size of the market in recent years. In addition to this, they are trying to develop low-cost supplements and nutrition packaging with environmental awareness.
Supplements and nutrients are consumed in order to enhance the nutritional value of regular diet. Information pertaining to ingredients and their respective nutrients are of prime importance to consumers of supplements and nutrition products. Packaging plays vital role in communicating this information to consumers and hence supplements and nutrition packaging market has gained immense traction in recent times.
Packaging systems used for supplements and nutrition also support branding objectives by distinguishing a particular brand on retail shelves. The various packaging means offered for supplements and nutrition include capsules, blisters, bottles, canisters, etc. The choice of packaging is made depending on the type and the volume of the supplement.
The supplement and nutrition market has shown rapid growth in recent years due to increasing trend of body building and fitness among young and middle age population groups. The increasing demand for supplements is getting translated into increasing demand for supplement and nutrition packaging market.
Food and pharmaceuticals are key industry verticals that contribute to the demand for supplements and nutrition packaging market. The factors that lead to increase in demand for supplements and nutrition packaging market include changing lifestyle, health conscious population, increase in self-directed consumers and growing channel proliferations. The demand for supplements and nutrients is growing at a rate of 7% globally which translates in growing preference by packaging manufacturers for the supplement and nutrition packaging products.
Supplements and nutrition packaging materials exhibit high performance and moisture barrier properties that helps prolong shelf life of supplements and nutrition products. Plastics with durability, strength and chemical resisting qualities are highly preferred by manufacturers, distributors and suppliers operating in supplements and nutrition packaging market
Growing concern among urban population across the world to solve issues related to health and life has warranted consumption of dietary supplements, particularly proteins and vitamins targeted to benefit digestive health, immune system vitality, etc. Manufacturers of the supplements and nutrition products are looking for attractive as well as promising packaging solutions thereby creating opportunities for the supplements and nutrition packaging market.
On the basis of region, the global supplements and nutrition packaging market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa (MEA).
North America has a well-established food and pharmaceutical industry thereby contributing to the demand for supplements and nutrition packaging market. The growing demand for dietary supplements has positively impacted the supplement and nutrition packaging market. Europe is expected to witness considerable growth in food and nutritional supplements market.
In terms of growth rate, the supplements and nutrition packaging market in the Asia Pacific region is estimated to register highest growth rate globally in 2016. Growth prospects in the APAC region are expected to come from market opportunities in India and China.
Key players operating in the global supplements and nutrition packagingmarket include Moluded Packaging Solutions Limited., Alpha Packaging, Container & Packaging Supply Inc., Arizona Nutritional Supplements, LLC., Graham packaging company, LP., Comar, LLC., Packacre enterprises limited.
The report offers an accurate evaluation of the market through detailed qualitative insights and verifiable projections about market size. The projections presented in the report have been derived using proven research methodologies and assumptions.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The supplements and nutrition packaging marketis segmented as follows:
On the basis of raw materials, the global supplements and nutrition packaging marketis segmented into:
Based on end use industry, global supplements and nutrition packaging marketis segmented into:
On the basis of shape, the global supplements and nutrition packaging marketis segmented into:
On the basis of end use, the global supplements and nutrition packaging market is segmented into:
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Supplements And Nutrition Packaging Market
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