The global nutraceutical packaging market is anticipated to exceed USD 3,755.7 million in 2023, expanding at a CAGR of 5.4% to reach a market valuation of USD 6,354.73 million by 2033. This growth is driven by several factors, including the growing demand for dietary supplements and nutraceutical products, the aging population, and the rise of e-commerce and online shopping.
To meet the demands of the nutraceutical and supplement market, the packaging industry is experiencing a significant transformation, with trends shaping the market. The shift toward eco-friendly packaging materials, personalized packaging options, and single-serve packaging is gaining popularity, especially as sustainability becomes a more critical concern for consumers.
With a focus on sustainable and eco-friendly packaging options, companies can develop cost-effective packaging solutions that offer high protection and preservation of the product. Investing in research and development to create new packaging formats, such as pouches, sachets, and single-serve packaging can help companies cater to the evolving demands of the supplement and nutraceutical packaging market.
Get the Complete Story—Read More About Our Latest Report!
As the focus on health and fitness continues to rise, nutraceutical packaging consumption is expected to increase in emerging economies and developing nations. The untapped potential of these markets could boost sales of nutraceutical packaging on a global level. However, stringent packaging mandates from governments could restrain the market potential to a certain extent.
In conclusion, the nutraceutical packaging industry presents significant opportunities for companies looking to enter the market. By developing innovative and sustainable packaging solutions that cater to the specific needs of the market, companies can meet the growing demand for nutraceutical products while also addressing sustainability concerns. The future looks bright for the nutraceutical packaging industry, with the market set to experience significant growth in the coming years.
Key Takeaways from the Nutraceutical Packaging Market:
- In 2022, the European nutraceutical packaging industry was worth USD 1,461.8 million.
- In 2022, the North American nutraceutical packaging industry is expected to be worth USD 995.8 million.
- In 2022, the nutraceutical packaging market in the United States was worth USD 920.7 million. The market is expected to grow at a 5.0% CAGR during the forecast period.
- In 2022, the Indian nutraceutical packaging industry was worth USD 96.0 million. India’s adoption of nutraceutical packaging is expected to grow at a substantial CAGR of 9.8% during the forecast period.
- With a value of USD 2,349.3 million in 2022, the dietary supplements category was the dominant product type in the nutraceutical packaging industry.
- Bags and pouches dominated the nutraceutical packaging sector in 2022, accounting for USD 1,235.0 million in revenue.
- With a value of USD 1,330.7 million, the powder & granules sector was the biggest product form in the nutraceutical packaging industry in 2022.
From Personalized Packaging to Sustainable Materials: Opportunities for Nutraceutical Packaging Companies to Innovate and Thrive
The nutraceutical packaging industry is highly competitive, with several players vying for market share. As the demand for eco-friendly and sustainable packaging options continues to rise, companies are focusing on developing innovative packaging solutions that cater to the specific needs of the nutraceutical and supplement market.
One of the significant trends driving the industry is the shift toward using sustainable packaging materials, which not only reduces the carbon footprint but also helps in attracting environmentally conscious consumers. In addition, the trend toward single-serve packaging and personalized packaging options is also gaining popularity in the market.
To stay competitive in the market, companies are investing heavily in research and development to create new packaging formats such as pouches, sachets, and single-serve packaging. Such innovations are aimed at improving the shelf-life of products and enhancing their visual appeal. Companies are also leveraging the growing popularity of eCommerce sales channels to create customized packaging solutions that cater to the specific needs of consumers.
Competitive Landscape
The nutraceutical packaging sector is highly competitive and fragmented, with both established and new firms vying for market dominance. The sector is distinguished by a wide variety of packaging materials, including plastic, paper, glass, and metal, each with advantages and disadvantages. The sector is also becoming more consolidated as companies seek to increase their product offerings and geographic reach through mergers and acquisitions.
Key Players
- Alpha Packaging
- Amcor Limited
- Gerresheimer AG
- Mondi Plc.
- RPC Group
- Graham Packaging Company
- Sonoco Products Company
- Constantia Flexible Group GmbH
- ALPLA Werke Alwin Lehner GmbH & Co KG
- Flex-pack
- Law Print & Packaging Management Ltd.
- American Nutritional Corporation
- Wasdell Packaging Group
- PontEurope
- Arizona Nutritional Supplements LLC
- Comar
- Medifilm AG
- Orgin Pharma Packaging
- CSB Nutrition Corporation
- Nutra Solutions USA
Key Segments of Nutraceutical Packaging Industry Survey
By Packaging Type:
- Blisters
- Bottles & Jars
- Bags & Pouches
- Stick Packs
- Boxes & Cartons
- Containers
- Sprays
- VSP & MAP
By Product Type:
- Nutraceutical Packaging for Dietary Supplements
- Nutraceutical Packaging for Functional Foods
- Nutraceutical Packaging for Functional Beverages
By Product Form:
- Tablets & Capsules
- Powder & Granules
- Liquid
- Solid
By Material:
- Glass Nutraceutical Packaging
- Paperboard Nutraceutical Packaging
- Plastic Nutraceutical Packaging
- Aluminium Nutraceutical Packaging
By Ingredient:
- Vitamins
- Minerals
- Prebiotics
- Probiotics
- Amino Acids
- Omega 3 Fatty Acids
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
