Press release
Probiotics Packaging Market Share, Opportunities Analysis, Recent Trends, Regional Growth And Outlook By 2033
The new report published by The Business Research Company, titled ""Probiotics Packaging Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the probiotics packaging market size has grown strongly in recent years. It will grow from $5.88 billion in 2023 to $6.43 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The probiotics packaging market size is expected to see strong growth in the next few years. It will grow to $9.06 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%.
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Increasing Demand For Functional Foods And Beverages Fuels Growth In The Probiotics Packaging Market
The rising demand for functional foods and beverages is expected to propel the growth of the probiotics packaging market going forward. Functional foods and beverages are products intentionally designed to offer specific health benefits beyond basic nutrition, incorporating bioactive compounds or modified ingredients to promote well-being. Probiotic packaging in functional foods involves incorporating live beneficial bacteria into the packaging material, ensuring their viability until consumption. For instance, in April 2022, according to the Institute of Food Technologists (IFT), a US-based non-profit scientific society, the sales of functional foods and beverages in the United States reached $83 billion in 2021, a 6.8% increase over 2020. Therefore, the rising demand for functional foods and beverages is driving the growth of the probiotics packaging market.
Product Innovations Transforming The Probiotics Packaging Market
Major companies operating in the probiotics packaging market are developing new products, such as excipients, to gain a competitive edge in the market. Excipients are inactive substances that help bind, preserve, and stabilize the active ingredients in a medication or For instance, in May 2023, Roquette Frères, a France-based food company, launched an excipient, PEARLITOL ProTec, a co-processed blend of mannitol and maize starch designed to enhance the stability of probiotic supplements. This innovative, plant-based solution protects and stabilizes moisture-sensitive active ingredients like probiotics, ensuring a longer shelf life, improved consistency, and expanded possibilities for consumer-friendly dosage formats. PEARLITOL ProTec addresses the evolving demands of health-conscious consumers and changing regulatory landscapes, offering unmatched stabilization, organoleptic properties, and compliance with major pharmacopeias. This revolutionary excipient streamlines the manufacturing process, ensuring products are safe, effective, and stable, ultimately saving time and money for manufacturers in the pharmaceutical and nutraceutical industries.
The probiotics packaging market covered in this report is segmented -
1) By Type: Bottles, Jars, Pouches, Other Types
2) By Form: Dry, Liquid
3) By Application: Food And Beverages, Personal Care, Other Applications
4) By End User: Manufacturers, Retailers, Other End Users
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Major companies operating in the probiotics packaging market report are Ball Corporation, Amcor Plc, Berry Global Group Inc., Crown Holdings Inc., Mondi Group, Sonoco Products Company, DS Smith Plc, Ardagh Group, Sealed Air Corporation, Huhtamaki Oyj, AptarGroup Inc., Constantia Flexible Group GmbH, Gerresheimer AG, Berlin Packaging, Printpack Inc., Winpak Ltd., ProAmpac Holdings Inc., Arizona Nutritional Supplements LLC, ALPHA PACKAGING, Plastic Ingenuity Inc., Clondalkin Group Holdings B.V., Glenroy Inc., Comar LLC, Flexpak, Coveris Holdings S.A., Unit Pack Co. Inc, Sonic Packaging Industries, Kaufman Container Company Inc., Pla Inc
Contents of the report:
1. Executive Summary
2. Probiotics Packaging Market Report Structure
3. Probiotics Packaging Market Trends And Strategies
4. Probiotics Packaging Market - Macro Economic Scenario
5. Probiotics Packaging Market Size And Growth
…..
27. Probiotics Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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