Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Feed Supplement Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.6% during the review period (2022 to 2027).
Over the course of the projected period, demand is anticipated to increase due to an increase in novel packaging solutions. The two major industries that are influencing the demand for feed supplement packaging are the food and pharmaceutical industries. The market for feed supplement packaging is seeing increased demand due to factors such as changing lifestyles, young people becoming more health conscious, and an increase in customers who are acting independently. The need for feed supplement packaging is increasing at a pace of 7% globally, which explains why packaging makers are increasingly favouring the feed supplement packaging goods. The materials used in the packaging of feed supplements exhibit high performance and moisture barrier qualities that contribute to the supplements' goods' longer shelf lives.
Consumption of feed supplements, notably proteins, vitamins, and minerals designed to boost digestive health, immune system, etc., has been justified by growing concern among urban populations worldwide to solve health and life concerns. The producers of feed supplements are searching for packaging ideas that are both appealing and effective. This expands market prospects for the packaging of feed supplements. The COVID-19 pandemic had a negative effect on the feed supplement packaging market's expansion globally, which to some extent also had a negative effect on the entire packaging business.
Recent Developments:
Pretium Packaging to acquire Alpha Packaging
September 16, 2021: In a deal involving two St. Louis, Missouri-based rigid packaging companies, Pretium Packaging LLC is acquiring Alpha Consolidated Holdings Inc., a provider of sustainable packaging solutions to customers in the health and wellness, specialty food and beverage, home and personal care, and other sectors, from Irving Place Capital.
The global Feed Supplement Packaging includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Moluded Packaging Solutions Limited, Alpha Packaging, Container & Packaging Supply Inc, Arizona Nutritional Supplements LLC, Graham packaging company LP, Comar, LLC, Packacre Enterprises Limited, Glenroy,Inc, Gerresheimer AG, ePac Holdings, LLC, OPM Labels, Goerlich Pharma, Eagle Flexible Packaging and many others
Feed Supplement Packaging Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application it is segmented into
The pharmaceutical and food industries in North America are well-established, which helps to drive the market for feed supplement packaging. Latin America will also present the best chance for feed supplement packaging marketers in the near future, along with North America. The market for feed supplement packaging has benefited from the rising demand for dietary supplements. The market for food and dietary supplements is anticipated to expand significantly in Europe. The market for supplements and nutrition packaging in the ASEAN area has been assessed as having the highest growth rate internationally over the past several years in terms of growth rate. Market potential in China and India are seen as a source of growth for East and South Asian nations.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.6% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Moluded Packaging Solutions Limited, Alpha Packaging, Container & Packaging Supply Inc, Arizona Nutritional Supplements LLC, Graham packaging company LP, Comar, LLC, Packacre Enterprises Limited, Glenroy,Inc, Gerresheimer AG, ePac Holdings, LLC, OPM Labels, Goerlich Pharma, Eagle Flexible Packaging |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 109 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Feed Supplement Packaging Market is studied from 2017 - 2027.
What is the growth rate of Feed Supplement Packaging Market?
The Feed Supplement Packaging Market is growing at a CAGR of 4.6% over the next 5 years.
Who are the leading key players in Feed Supplement Packaging Market?
Moluded Packaging Solutions Limited, Alpha Packaging, Container & Packaging Supply Inc, Arizona Nutritional Supplements LLC, Graham packaging company LP, Comar, LLC, Packacre Enterprises Limited, Glenroy,Inc, Gerresheimer AG, ePac Holdings, LLC, OPM Labels, Goerlich Pharma, Eagle Flexible Packaging
What regions does this Feed Supplement Packaging Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Feed Supplement Packaging Market?
Glass, Plastic, Others
What are the significant Applications of Feed Supplement Packaging Market?
Food, Pharmaceutical, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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