Probiotics Packaging Market Overview, Outlook, Opportunities, Segments, Analysis Report 2024 - 2033

"The Business Research Company recently released a comprehensive report on the Global Probiotics Packaging Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, 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 growth in the historic period can be attributed to growth in fermented foods consumption, development of probiotic strains, global expansion of probiotics industry, evolving consumer lifestyles, personalized probiotics solutions.

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%. The growth in the forecast period can be attributed to integration of blockchain in supply chain, culinary integration of probiotics, increasing use of encapsulation, expansion of beauty and skincare products, stricter environmental regulations. Major trends in the forecast period include smart packaging with real-time monitoring, biodegradable and edible packaging, technology innovations, product innovations, integration of nanotechnology.

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Market Drivers and Trends:

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.

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 dietary supplemen*t. 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.

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Major Key Players of the Market:

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

Probiotics Packaging Market 2024 Key Insights:

• The probiotics packaging market is expected to grow to $9.06 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%.
• Increasing Demand For Functional Foods And Beverages Fuels Growth In The Probiotics Packaging Market
• Product Innovations Transforming The Probiotics Packaging Market
• North America was the largest region in the probiotics packaging market in 2023

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