Press release
Supplements And Nutrition Packaging Market: Technological Advancements, Evolving Industry Trends and Insights
Supplements and nutrients are consumed in order to enhance the nutritional value of regular diet. Information pertaining to ingredients and their respective nutrients are of prime importance to consumers of supplements and nutrition products. Packaging plays vital role in communicating this information to consumers and hence supplements and nutrition packaging market has gained immense traction in recent times.Packaging systems used for supplements and nutrition also support branding objectives by distinguishing a particular brand on retail shelves. The various packaging means offered for supplements and nutrition include capsules, blisters, bottles, canisters, etc. The choice of packaging is made depending on the type and the volume of the supplement. The supplement and nutrition market has shown rapid growth in recent years due to increasing trend of body building and fitness among young and middle age population groups. The increasing demand for supplements is getting translated into increasing demand for supplement and nutrition packaging market.
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Supplements and Nutrition Packaging Market – Dynamics
Food and pharmaceuticals are key industry verticals that contribute to the demand for supplements and nutrition packaging market. The factors that lead to increase in demand for supplements and nutrition packaging market include changing lifestyle, health conscious population, increase in self-directed consumers and growing channel proliferations. The demand for supplements and nutrients is growing at a rate of 7% globally which translates in growing preference by packaging manufacturers for the supplement and nutrition packaging products.
Supplements and nutrition packaging materials exhibit high performance and moisture barrier properties that helps prolong shelf life of supplements and nutrition products. Plastics with durability, strength and chemical resisting qualities are highly preferred by manufacturers, distributors and suppliers operating in supplements and nutrition packaging market.
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Growing concern among urban population across the world to solve issues related to health and life has warranted consumption of dietary supplements, particularly proteins and vitamins targeted to benefit digestive health, immune system vitality, etc. Manufacturers of the supplements and nutrition products are looking for attractive as well as promising packaging solutions thereby creating opportunities for the supplements and nutrition packaging market.
Supplements and Nutrition Packaging Market – Region-wise Outlook
On the basis of region, the global supplements and nutrition packaging market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa (MEA).
North America has a well-established food and pharmaceutical industry thereby contributing to the demand for supplements and nutrition packaging market. The growing demand for dietary supplements has positively impacted the supplement and nutrition packaging market. Europe is expected to witness considerable growth in food and nutritional supplements market. In terms of growth rate, the supplements and nutrition packaging market in the Asia Pacific region is estimated to register highest growth rate globally in 2016. Growth prospects in the APAC region are expected to come from market opportunities in India and China.
Supplements and Nutrition Packaging Market – Key Players
Key players operating in the global supplements and nutrition packagingmarket include Moluded Packaging Solutions Limited., Alpha Packaging, Container & Packaging Supply Inc., Arizona Nutritional Supplements, LLC., Graham packaging company, LP., Comar, LLC., Packacre enterprises limited.
The report offers an accurate evaluation of the market through detailed qualitative insights and verifiable projections about market size. The projections presented in the report have been derived using proven research methodologies and assumptions.
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Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.
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