Press release
Nutraceutical Packaging Market is Boosted by Growing Health Consciousness | Leading Players: Amcor plc, Scholle IPN, Berry Global, Inc., Mondi, NuEra Nutraceuticals Inc.
Global Nutraceutical Packaging Market reached US$ 3.3 Billion and is expected to reach US$ 5.1 Billion by 2030, growing with a CAGR of 5.3 %during the forecast period 2023-2030.The Nutraceutical Packaging market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Nutraceutical packaging involves the design and manufacturing of packaging solutions for products like vitamins, supplements, and functional foods. The nutraceutical packaging market is expanding as the global demand for health-oriented products increases, along with the rising preference for convenient, eco-friendly, and attractive packaging solutions.
Market Dynamics
✦ Increasing Demand for Healthier Lifestyles Boosts the Nutraceutical Packaging Market
The rising demand for healthier lifestyle choices is fueling the growth of the nutraceutical packaging market, driven by the popularity of products like dietary supplements, energy drinks, and protein bars. For example, the CRN Consumer Survey of 2019 revealed that 77% of people consume dietary supplements. The survey also found that the majority of both men and women over the age of 18 take dietary supplements, with adults aged 35-54 being the largest demographic, with 81% using supplements.
Nutraceutical Packaging Market Growth Drivers
✦ Growing health consciousness
✦ Increasing preference for sustainable and environmentally friendly packaging solutions
✦ Rising demand for convenience
List of the Key Players in the Nutraceutical Packaging Market:
Amcor plc, Scholle IPN, Berry Global, Inc., ALPHA PACKAGING, Mondi, NuEra Nutraceuticals Inc., Burgopak, Dorn & Ward Packaging, Glenroy, Inc., Airnov, Mold-Rite Plastics.
Key Development in Nutraceutical Packaging Market
✦ In December 2020, Amcor and Mars Food partnered to develop the first food-safe, mono-material microwavable rice pouch. The breakthrough packaging technology would make the pouches for Mars Food's household brands such as Ben's Original and Seeds of Change recyclable.
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Segment Covered in the Nutraceutical Packaging Market:
➡ By Type (Bag-In-Box, Pouch, Bottles and Jars, Blister Pack, Others)
➡ By Product Type (Child Resistant Packaging, Starter and Demo Kits, Brand Kits, Single-Use, Stick Packs, Others)
➡ By Material Type (Plastic, Metals, Glass, Paper & Paperboard, Others)
➡ By Nature (Conventional, Eco-Friendly, Recyclable)
➡ By Application (Dietary Supplements, Medicinal Foods, Herbal Products, Isolated Nutrient Supplements, Others)
Research Methodology:
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Regional Analysis for Nutraceutical Packaging Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Speak to Our Senior Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/nutraceutical-packaging-market?ophp
Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Nutraceutical Packaging market?
➠ Who are the global key manufacturers of the Nutraceutical Packaging Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Nutraceutical Packaging market opportunities and threats faced by the vendors in the global Nutraceutical Packaging Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Nutraceutical Packaging market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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