The Global Supplements & Nutrition Packaging Market is expected to reach USD 23.40 billion in 2022 and is projected to grow at a CAGR of 5.67% to reach USD 98.24 billion by 2027.
The nutrition and supplement manufacturers are outsourcing production doings to contract manufacturers, as the construction of their individual manufacturing component demands a significant asset. The Contract Manufacturing Organizations (CMOs) are now progressively concentrating on certifications, packaging variety, and expertise to meet consumer demand, which has been causal to the market growth.
Supplement & nutrition packaging companies are focusing on joining dispensing mechanisms, administration aids, sustainable materials, interfering evidence properties, and forging measures to enhance product functionality and safety. Companies are developing packaging from compostable materials and are also using Post-Consumer Recycled (PCR) materials to upsurge the sustainability of packaging.
Report: Innovative New Sustainable Packaging at PACK EXPO Las Vegas
There was a time when a review of packaging material innovations debuting at a major trade show like PACK EXPO would focus on examples of improved functionality and performance. Think enhanced gas barrier characteristics, antimicrobial properties, improved slip properties for better machineability, or the addition of new tactile elements for even greater shelf Impact But the PMMI Media Group editors who roamed the aisles of PACK EXPO Las Vegas last September looking for new developments in packaging materials found, as you’ll see in the coverage below, that one topic ruled the roost: sustainability. Perhaps this should come as no surprise, considering how clamorous consumers, retailers, and for that matter society in general have become about sustainable packaging. Still, it’s worth noting just how dominant this one aspect of the packaging materials space has become.
By Type, it is segmented into
By Applications, it is segmented into
The Asia Pacific led the market and accounted for over 43% share of the global revenue in 2020. It is estimated to expand further at the fastest CAGR from 2022 to 2027. Major factors driving the APAC market include high demand for nutrition products and supplements, availability of cheap labor & raw materials, and the presence of numerous processing plants in the region. Moreover, the rapid growth of the functional food & beverage industry and improving healthcare infrastructure in the emerging economies are anticipated to propel the demand for supplements and nutrition products, which, in turn, will drive the market.
North America accounted for the second-largest share in the market in 2022, on account of the high demand for supplement & nutrition products. The region will retain this market position over the forecast years due to increased intake of supplements & nutrition products to boost immunity and minimize the risk of coronavirus infection, which is expected to benefit the regional market.
The Supplements & Nutrition Packaging Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Supplements & Nutrition Packaging Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Supplements & Nutrition Packaging Market with detailed analysis of the overall scenario for the market. It also highlights the business participants' environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Supplements & Nutrition Packaging Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.67% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Glenroy, Inc., Comar, LLC., Alpha Packaging, Graham Packaging Company, Gerresheimer AG (XETRA :GXI.DE), ePac Holdings, LLC, Law Print & Packaging Management Ltd |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 103 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Supplements & Nutrition Packaging Market is studied from 2017 - 2027.
Who are the key players in Supplements & Nutrition Packaging Market?
Glenroy, Inc., Comar, LLC., Alpha Packaging, Graham Packaging Company, Gerresheimer AG (XETRA :GXI.DE), ePac Holdings, LLC, Law Print & Packaging Management Ltd., MPS (Moulded Packaging Solutions), OPM Labels, Container and Packaging Supply, Inc. and Others.
What are the significant types of Supplements & Nutrition Packaging Market?
Glass, Plastic, Metal, Paper & Cardboard, Others.
What are the major end-use applications of the Supplements & Nutrition Packaging Market?
Primary Packaging, Secondary & Tertiary Packaging, Others,
What segments are covered in the Supplements & Nutrition Packaging Market report?
The Global Supplements & Nutrition Packaging Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Supplements & Nutrition Packaging Market?
The sample report for the Supplements & Nutrition Packaging Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
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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