Nutraceutical Packaging Market Size, Share, Trends, Growth 2032
Nutraceutical Packaging Market By Product Type (Bottles, Cans and Jars, Bags & Pouches, Cartons, Stick Packs, and Blister Packs), By Material Type (Plastic, Glass, Metal, Paper, and Paperboard), By Nutraceutical Product Type (Functional Food, Functional Beverages, Minerals & Vitamin Capsules, Protein Powder, Herbs, and Others), And By Region: - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 3.69 Billion | USD 6.13 Billion | 5.81% | 2023 |
Nutraceutical Packaging Industry Prospective:
The global nutraceutical packaging market size was worth around USD 3.69 billion in 2023 and is predicted to grow to around USD 6.13 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.81% between 2024 and 2032.
Nutraceutical Packaging Market Growth Drivers
Phytochemicals, designer foods, functional foods, medical products, and nutritional supplements are regarded as nutraceuticals. Nutraceutical packaging is vital in order to avoid internal contamination of nutraceuticals and provide improved oxidation resistance.
With growing awareness and understanding of health and nutrition, people are becoming more interested in nutraceutical products. Increasing consciousness about health and weight management is playing a crucial role in the demand for the global nutraceutical packaging market. Similarly, growing opportunities in innovative packaging solutions are expected to attract a larger consumer base for nutraceutical packaged products. Increased fitness and well-being spending by individuals worldwide is anticipated to boost the growth of the global nutraceutical packaging market in the coming years.
Worldwide increasing per capita income will contribute further to increased demand for the nutraceutical packaging market. However, the high cost of nutraceutical packaging products is expected to be a major challenge for the nutraceutical packaging market in the coming years.
Nutraceutical Packaging Market: Segmentation
The global nutraceutical packaging market has been classified into product type, material type, and nutraceutical product type. Based on product type, the global nutraceutical packaging market has been segmented into bottles, cans and jars, bags & pouches, cartons, stick packs, and blister packs. The bags and pouches segment is likely to have the largest value share among the product type segment of the global nutraceutical packaging market.
Based on material type, the global nutraceutical packaging market has been segmented into plastic, glass, metal, paper, and paperboard.
Based on nutraceutical product type, the global nutraceutical packaging market has been segmented into functional food, functional beverages, minerals & vitamin capsules, protein powder, herbs, and others.
Nutraceutical Packaging Market: Report Scope
| Report Attributes | Report Details |
|---|---|
| Report Name | Nutraceutical Packaging Market |
| Market Size in 2023 | USD 3.69 Billion |
| Market Forecast in 2032 | USD 6.13 Billion |
| Growth Rate | CAGR of 5.81% |
| Number of Pages | 110 |
| Key Companies Covered | MJS PACKAGING, PolyOne Corporation, Glenroy, Inc., Maco Bag Corporation, JohnsByrne Company, Birchwood Contract Manufacturing, NuEra Nutraceuticals Inc., MOD-PAC Corp., Hughes Enterprises, and AMGRAPH Packaging, Inc |
| Segments Covered | By product type, By material type, By nutraceutical product type and By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2022 |
| Forecast Year | 2024 - 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Nutraceutical Packaging Market: Regional Analysis
North America is the largest nutraceutical packaging market around the world. Demand for the increased shelf life of food products in the North American region is expected to boost the nutraceutical packaging market. Europe is anticipated to be one of the key regions with a matured pharmaceutical industry, which will translate into growth opportunities for the nutraceutical packaging market. The Asia Pacific is set to be the fastest growing nutraceutical packaging market because of high population and presence of fastest growing economies such as China and India.
In Africa, some underdeveloped economies remain an obstacle to the rapid growth of nutraceutical packaging in the region. Whereas, the nutraceutical packaging market in developing economies such as South Africa, and Nigeria is anticipated to grow in the coming years. Additionally, improved financial condition and demand for natural nutraceutical products are key driving factors for the nutraceutical packaging market in Latin America as well as the Middle East. However, strict government regulations on the production and application of nutraceutical products are anticipated to restrict the growth of the nutraceutical packaging market.
Nutraceutical Packaging Market: Competitive Analysis
The global nutraceutical packaging market is dominated by players like:
- MJS PACKAGING
- PolyOne Corporation
- Glenroy, Inc
- Maco Bag Corporation
- JohnsByrne Company
- Birchwood Contract Manufacturing
- NuEra Nutraceuticals Inc
- MOD-PAC Corp
- Hughes Enterprises
- AMGRAPH Packaging, Inc
The global pharmaceutical robots market is segmented as follows:
Global Nutraceutical Packaging Market: Product Type Segment Analysis
- Bottles
- Cans and Jars
- Bags & Pouches
- Cartons
- Stick Packs
- Blister Packs
Global Nutraceutical Packaging Market: Material Type Segment Analysis
- Plastic
- Glass
- Metal
- Paper and Paperboard
Global Nutraceutical Packaging Market: Nutraceutical Product Segment Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
Table Of Content
Methodology
FrequentlyAsked Questions
Nutraceutical packaging is the term used to describe the packaging of products that are classified as nutraceuticals, including dietary supplements, functional foods, and other items that offer health benefits that exceed those of fundamental nutrition. Nutraceutical packaging is intended to safeguard the product's integrity, guarantee regulatory compliance, and captivate consumers in a competitive market.
The demand for nutraceuticals, including dietary supplements, vitamins, and functional foods, is being driven by the growing consumer emphasis on health and wellness. This, in turn, increases the demand for packaging solutions that are both effective and visually appealing and that are suitable for a variety of product types.
The global nutraceutical packaging market size was worth around USD 3.69 billion in 2023 and is predicted to grow to around USD 6.13 billion by 2032.
The global nutraceutical packaging market a compound annual growth rate (CAGR) of roughly 5.81% between 2024 and 2032.
North America is the largest nutraceutical packaging market around the world. Demand for the increased shelf life of food products in the North American region is expected to boost the nutraceutical packaging market.
Key players operating in the global nutraceutical packaging market are MJS PACKAGING, PolyOne Corporation, Glenroy, Inc., Maco Bag Corporation, JohnsByrne Company, Birchwood Contract Manufacturing, NuEra Nutraceuticals Inc., MOD-PAC Corp., Hughes Enterprises, and AMGRAPH Packaging, Inc.
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