Nutraceutical Packaging Market to Witness a Healthy Growth by 2029

The global Nutraceutical Packaging market is projected to reach approximately US $ 3 billion in 2019 and exceed US $ 5 billion in revenue by 2029 . The report includes market research on the global Nutraceutical packaging market that provides functional foods . An overall market analysis that takes into account packaging trends for beverages and pharmaceuticals, as well as key factors such as product form, appropriate packaging materials, and types of packaging requirements.

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Amcor Ltd, Gerresheimer AG, Mondi Group PLC, Alpha Packaging Inc., RPC Group, Graham Packaging, Sonoco Products Company, Constantia Flexibles 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, LLC. , Medifilm AG. , Origin Pharma Packaging, CSB Nutrition Corporation, and Nutra Solutions USA are the leading companies involved in the Nutraceutical Packaging market.

In the years before the pandemic, the notable growth trend for Nutraceutical Packaging was the steady increase in Nutraceutical Packaging consumption by young consumers. This means that protein-based supplements grow faster than other vitamin or mineral-based supplements primarily targeted at the elderly.

Flexible packages are preferable to rigid packages-
Nutraceutical Packaging is gaining more traction to maintain the shelf life of the product. The future of Nutraceutical Packaging includes antibacterial food contact materials that control chemical reactions, harmful bacterial effects, fungal concentrations, and unpleasant odors from stored products. In addition, it has been observed that flexible packaging constitutes a major value share of Nutraceutical Packaging, primarily due to its light weight and excellent barrier properties. The flexible Nutraceutical Packaging provides clear product visibility as well as ease of handling in transit.

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However, the packaging materials and types of Nutraceutical Packaging depend on the form and quantity of the product. Due to the advantages of flexible Nutraceutical Packaging, bags and pouches are highly preferred for storing protein powders and other granules. With the increasing focus on extending shelf life, vacuum skin packaging (VSP) and conditioned atmosphere packaging (MAP) formats are likely to become more prominent on the market. In the global Nutraceutical Packaging
market, opportunities for significant increases in VSP and MAP types are projected.

The market is segmented in detail to cover every aspect of the market and present readers with full market intelligence.

By packaging type
Blister
Bottles & jars
Bag & pouch
Stick pack
Box and carton
container
spray
VSP and MAP

By product form
Tablets and capsules
Powders and granules
liquid
individual
By product type

Diet supplements
Functional food
Functional beverage

By material
Glass
Paperboard
plastic
aluminum

Depending on the ingredients
vitamin
mineral
Prebiotics
Probiotics
amino acid
Omega 3 fatty acids
others

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Increasing consumer shift to preventive care-
The Nutraceutical Packaging market is dynamic and constantly evolving with increasing consumer interest in health and well-being. The Nutraceutical Packaging industry is continuously tracking consumer trends and demands for functional foods, Nutraceutical Packaging and functional beverages. Consumption of Nutraceutical Packaging and additional nutrients is consistently increasing due to serious health problems such as diabetes, high blood pressure, cardiovascular disease, osteoarthritis, and osteoporosis.

Increasing health consciousness and consumer demand for certain natural ingredients in food supplements are driving the growth of the US Nutraceutical Packaging market. Consumers rely more on natural ingredients than on medicines. Therefore, Nutraceutical Packaging manufacturers are diversifying their portfolios by including herbal and natural contents in their supplements. With the addition of product portfolios and increased consumption of nutrients, new opportunities are expected in the Nutraceutical Packaging industry. In the US market, it has been observed that Nutraceutical Packaging consumption is higher among the elderly to address the problem of aging. Therefore, the future growth of the Nutraceutical Packaging market depends on young people who prefer Nutraceutical Packaging for physical fitness, gym, and sporting activities.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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This release was published on openPR.