Probiotics Packaging Market To Reach Valuation Of US$ 10.2 Bn By 2031

Transparency Market Research delivers key insights into the probiotics packaging market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2031. In terms of revenue, the global probiotics packaging market is projected to grow at a CAGR of 7.7% during the forecast period, owing to several factors, about which TMR offers detailed insights and forecasts in the probiotics packaging market report.

Probiotics packaging solutions are in high demand in the market due to their tremendous features and safety packaging. Vials and bottles utilizing active packaging technologies present a timely opportunity for probiotics brands as they seek to reinforce consumer confidence through greater transparency of product information. The pharmaceutical and nutraceutical industries need one of the most prominent packaging solution for probiotics packaging, which should be leakage-free, contamination-free, heat-resistant, and travel-friendly. The TMR team analyzed the probiotics packaging market based on packaging type, form, distribution channel, and region. In terms of packaging type, the blisters segment is expected to account for a substantial share and of the global probiotics packaging market and drive the overall probiotics packaging market during the forecast period.

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Use of Digital Technology in Probiotics Packaging Solutions

The European market for probiotics packaging is witnessing a growing trend of advanced design and technological features being incorporated in packaged products. Conventional and widely used probiotics packaging solutions such as blister packs, bottles, containers, and stick packs are using the digital technology that feature advanced functionality for end user and patient convenience. Digital technology incorporated in blister packs and bottles provides functionalities such as dosage reminders, time-temperature indication, product quality indication, etc. Modern consumers relate digital technology as an element of convenience. Pharmaceutical companies are, hence seeking packaging solutions that can suffice advanced technological needs of modern consumers. Radical technological capabilities of probiotics packaging manufacturers in the European region is expected to further stimulate the growth of the probiotics packaging market in the region.

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Changing Consumer Dietary Patterns and Increased Health-consciousness among Consumers to Boost Demand for Probiotics in Food and Beverages

The increased demand for functional foods, combined with growing consumer awareness of the nutritional benefits of certain foods, such as lower cancer risk and enhanced heart health, is expected to boost market share. Rise in demand for ready-to-eat breakfast items and health consciousness is projected to contribute to its demand for use in probiotic cereal applications. The addition of probiotics to cereals improves lactose metabolism, reduces gastrointestinal illness, and boosts the immune system.

Consumer Awareness about Personal Health and Optimum Nutrition Intake to Drive Functional Food Packaging Sector

Consumers hectic lifestyles, combined with dietary changes, have increased the prevalence of lifestyle diseases such as diabetes, obesity, and coronary heart diseases. The expansion of the probiotics packaging market is projected to be aided by rapid globalization and changing dietary preferences, which include increased intake of meat and processed meat. Meat demand should be boosted by rising protein consumption among health-conscious customers, as well as rise in child malnutrition. Probiotics are live microorganisms that are used in commercial animal diets to improve gut flora, resulting in better overall animal health, growth performance, and productivity.

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Probiotics Packaging Market: Competition Landscape

The global probiotics packaging market is projected to witness strong competition among key players. This market includes few well-established market participants. Along with this, several other local and small-scale manufacturers are also entering into probiotics packaging market attributing to significant revenue creation with the rising demand for probiotics packaging. Some of the key players operating in the global probiotics packaging market are Amcor Plc., Sonoco Products Company, Arizona Nutritional Supplements, LLC., ALPHA PACKAGING, Unit Pack Co., Inc., Sonic Packaging Industries, Constantia Flexible Group GmbH, Alpla Inc., Flex-Pack, ELIS Packaging Solutions, Inc.

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The tier structure is formulated on the basis of segmental revenue and market share of companies. As per the tier structure, Amcor Plc, Sonoco Products Company, Alpla Inc., Pretium Packaging, LLC are Tier 1 players in the probiotics packaging market. These leading companies are adopting key strategies such as business expansion, acquisition, and products launch to strengthen their position in the probiotics packaging market. Moreover, Tier 2 players include Arizona Nutritional Supplements, LLC., Drug Plastics Group, Constantia Flexible Group GmbH, and some other major players.

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