Through 2032, the market for supplements and nutrition packaging is anticipated to grow at a CAGR of 4.7%. By 2032, the market is predicted to have grown from its present valuation of US$ 25.58 Bn. to US$ 41.13 Bn. Companies that package supplements and nutrition products are developing safe and practical packaging. Through their R&D efforts, these leading corporations have been able to gain a sizable stake in recent years.
They provide a wide variety of nutritional supplements and packaging options, including capsules, powders, and blisters. Furthermore, the volume of the products affects the total packaging. Because young people are becoming more concerned of their fitness and health, manufacturers are growing the market in response to consumer demand.
Supplements and Nutrition Packaging Market – Key Players
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.
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Supplements and Nutrition Packaging Market – Dynamics
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.
Supplements and Nutrition Packaging Market – Region-wise Outlook
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.
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Supplements and Nutrition Packaging Market – Segmentation
The supplements and nutrition packaging market is segmented as follows:
On the basis of raw materials, the global supplements and nutrition packaging marketis segmented into:
- Glass
- Plastic
- PET
- PE
- HDPE
Based on end use industry, global supplements and nutrition packaging marketis segmented into:
- Less than 1.5L
- 1.5L to 3.0L
- 3.0L to 5.0L
- Over 5L
On the basis of shape, the global supplements and nutrition packaging marketis segmented into:
- Cube
- Spherical
- Slim line
- Square and gripper
- Square rounded
- MPS
On the basis of end use, the global supplements and nutrition packaging market is segmented into:
- Food
- Pharmaceutical
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