According to a market research report, the “Nutraceutical Packaging Market by Packaging Type (Blisters & Strips, Bottles, Jars & Canisters, Bags & Pouches, Stick Packs, Boxes & Cartons), Product (Dietary Supplements, Functional Foods), Form, Ingredient & Region – Global Forecast to 2028”, is projected to reach USD 4.2 billion by 2028, at a CAGR of 4.7% from USD 3.4 billion in 2023. The rising consumer demand for health and wellness products has driven the need for specialized packaging that ensures product integrity and safety.
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161 Market data Tables
45 Figures
225 Pages and in-depth TOC on “Nutraceutical Packaging Market – Global Forecast to 2028”
This report also provides a comprehensive analysis of the companies listed below:
The key global players in the nutraceutical packaging market include are Glenroy, Inc. (US), Berry Global Inc. (US), MOD-PAC Corporation (US), MJS Packaging (US), JohnsByrne Company (US), Amcor PLC (Australia), Amgraph Packaging, Inc., Birchwood Contract Manufacturing (US), Syntegon Packaging Technology GmbH (Germany), Comar Packaging Solutions (US) and others. Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the nutraceutical packaging market.
Recent Developments in Nutraceutical Packaging Market Industry
In 2022, Berry Global Inc. launched SuperLock pot, which provides long-lasting protection to nutritional products. This pot from Berry is providing Choco Yoco, a healthy chocolate spread, with an innovative and reusable packaging solution with effective product protection for a long shelf-life.
In 2020, Berry Global Inc. has launched a new family range of square round PET bottles for a wide variety of juice and other non-alcoholic nutraceutical drinks. The attractive design, together with the high clarity of the PET, of these bottles ensure excellent on-shelf presentation while providing effective protection to maintain the freshness and integrity of the contents. These bottles are also recyclable at end of life.
In 2022, Berry Global Inc. partnered with printpack to start production of preserve PE PCR recyclable polyethylene (PE) pouches for nutraceutical products. These pouches are How2Recycle pre-qualified and contains 30% FDA– compliant post-consumer recycled resin PCR content.
In 2022, Glenroy, Inc. and Nature Nate’s Honey Co. have partnered to impact the lives of customers with the innovative, sustainable, and squeezable technology of the premade STANDCAP Pouch. These pouches are used for honey packaging, which provides a gravity-fed, no-drip, sustainable solution for Nate’s 100% pure, raw, and unfiltered honey.
In 2021, Glenroy, Inc. launched TruRenu sustainable flexible packaging portfolio features recyclable pouches and film laminations that qualify for the How2Recycle store drop-off label program, post-consumer recycled (PCR) pouches and film laminations made with up to 53% recycled content, and premade STANDCAP Pouch in a PCR format with up to 48% recycled content, and the new recycle-ready premade STANDCAP Pouch, an innovative 100% Polyethylene structure.
In 2023, Amcor PLC made a joint research project agreement with Nfinite Nanotechnology Inc. to validate the use of Nfinite’s nanocoating technology to enhance both recyclable and compostable packaging for nutraceutical products. The objective of this agreement is to deliver an oxygen barrier to improve performance for recyclable and compostable packaging.
In 2022, Amcor PLC had set up a new state-of-the-art manufacturing plant in Huizhou, China. The 590,000-square-foot plant is the largest flexible packaging plant by production capacity in China, further strengthening Amcor’s ability to meet growing customer demands from pharmaceutical, nutraceutical, personal care, and food & beverage industries.
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Dietary Supplements is the largest product type segment in the nutraceutical packaging market. There has been a significant increase in consumer awareness and interest in personal health and wellness, leading to a surge in demand for dietary supplements. Dietary supplements often require specialized packaging to ensure product stability and protection from factors like moisture, light, and air. Additionally, the diverse range of dietary supplements available in the market, including vitamins, minerals, and herbal extracts, has contributed to the dominance of this product type in the nutraceutical packaging market.
Metal is the second fastest growing material segment in the nutraceutical packaging market. Metals, such as aluminum and steel, provide exceptional protection against light, moisture, and oxygen, safeguarding the integrity and stability of nutraceutical products. Secondly, metal packaging offers high durability, ensuring the longevity of the products and protecting them during transportation and storage. Additionally, metal packaging enhances the visual appeal of nutraceutical products, giving them a premium and trustworthy image. The recyclability and sustainability of metals also contribute to their popularity in the nutraceutical packaging market.
Vitamins is the largest ingredient segment in the nutraceutical packaging market. Vitamins play a crucial role in maintaining overall health and well-being, leading to a high demand for vitamin-based nutraceutical products. Vitamins are also essential nutrients that are widely recognized and recommended by healthcare professionals, further driving their popularity. Additionally, the versatility of vitamins allows them to be incorporated into various nutraceutical formulations, including tablets, capsules, and powders, making them a dominant ingredient segment in the nutraceutical packaging market. The growing consumer awareness of the benefits of vitamins has also contributed to their prominence in this industry.
North America is the largest region in the nutraceutical packaging market in 2022. The region has a robust and mature nutraceutical industry, with a high demand for health and wellness products. Secondly, North America has a large population actively seeking dietary supplements and functional foods, driving the need for specialized packaging solutions. Additionally, the region has well-established regulations and standards for packaging safety and labeling, ensuring product integrity and consumer trust. The presence of major nutraceutical companies and technological advancements further contribute to region’s dominance in the nutraceutical packaging market.
Middle East & Africa is the third-fastest growing region in the nutraceutical packaging market in 2022. The demand for nutraceutical packaging is increasing in the Middle East and Africa due to the growing health awareness among consumers and the increasing demand for functional foods and dietary supplements. The flexible packaging market in the region is also expected to grow, which could impact the nutraceutical packaging market.
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