Product Code: GVR-3-68038-771-1
Supplements And Nutrition Packaging Market Growth & Trends:
The global supplements and nutrition packaging market size is expected to surpass USD 35.07 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.1% from 2023 to 2030. The rising demand for immunity-boosting supplements due to the COVID-19 outbreak, ease in access to supplements, increasing disposable income, and consumer awareness regarding nutrition, health, and wellness. However, the presence of counterfeit products is hampering the market of supplements which in turn decline the demand for packaging.
The COVID-19 pandemic started in December 2019 in Wuhan, China, and it subsequently spread at global levels. It led to 4 million deaths as of June 2020. People with low immunity, especially, the geriatric demography, along with others suffering from medical conditions such as diabetes, heart disease, asthma, and cancer are highly vulnerable to complications arising due to the COVID-19 infection. Thus, consumers are increasingly consuming supplements rich in omega-3 and omega-6 fatty acids Vitamin D, Zinc, and vitamin C to boost their immunity levels. This has further resulted in a surge in demand for such supplements, which, in turn, is benefitting the manufacturers of supplements and nutrition packaging.
Further, the accessibility of dietary and nutritional supplements is increasing due to the emergence of e-commerce. Although it is difficult to buy dietary and nutrition supplements online due to a lack of product knowledge and suitability concerns, sales of these products have continued to increase. Some of the key players in this market are striving hard to educate consumers, in order to improve the online shopping experience. Thus, accessibility to these products is increasing through online retail. Thus, driving the demand for packaging.
According to the data published by The Italian Medicines Agency, over the past 5 years, 27 known counterfeit medicines cases were reported in the legitimate supply chain, whereas 170 cases were reported in the illegitimate supply chain among the EU member states. In Europe, drug ingredients used in dietary supplements are a major concern. The European Directorate for the Quality of Medicines lab networks tested 370 dietary supplements that were labeled as herbal products, but nearly 47% contained non-declared active pharmaceutical ingredients. These factors are expected to negatively impact market growth. The lack of sufficient regulations for product approvals is another key factor restricting the demand for packaging.
Supplements And Nutrition Packaging Market Report Highlights:
- In terms of revenue, the secondary & tertiary packaging type is projected to ascend at the highest CAGR of 5.2% over the forecast period. The secondary & tertiary packaging protect the primary packaging and assists in smooth and damage-free transportation of the products throughout the supply chain. The expanding e-commerce business is driving demand for secondary & tertiary packaging
- Plastic segment accounted for the largest revenue share of 77.4% in 2022. Various plastic resins, including HDPE, PET, and PP, are commonly used to make packaging bottles, jars, sachets, pouches, and blister packs for supplements. Properties such as lightness, chemical inertness, and ease of molding along with low cost and wide availability of plastic materials are the key factors contributing to their high adoption for the manufacturing of supplements & nutrition packaging products
- Supplements & nutrition packaging in Asia Pacific was valued at USD 11.46 million in 2022 and is expected to grow at a CAGR of 4.8% over the forecast period. The presence of highly populated countries, such as China and India, with growing urbanization and spending power of the population, is attributed to driving the market in the region
- The global supplements and nutrition packaging market is moderately fragmented, with the presence of a large number of small-sized and medium-sized companies. The market participants are primarily offering rigid packaging solutions, such as plastic and glass bottles, as well as flexible packaging solutions such as stand-up pouches, sachets, and others
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Information Procurement
- 1.1.1 Purchased Database
- 1.1.2 GVR's Internal Database
- 1.1.3 Secondary Sources
- 1.1.4 Third Party Perspective
- 1.1.5 Primary Research
- 1.2 Information Analysis & Data Analysis Models
- 1.3 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Insights
- 2.2 Market Outlook
Chapter 3 Supplements & Nutrition Packaging Market Variables, Trends, and Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Dietary Supplements Market
- 3.1.2 Sports Nutrition Market
- 3.1.3 Functional foods market
- 3.1.4 Contract Manufacturing Market of Nutrition and Supplements
- 3.2 Partial list of supplements contract manufacturers, by region
- 3.3 List of Key End Users
- 3.4 Technology Overview
- 3.5 Regulatory Framework
- 3.6 Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.2 Market Restraint Analysis
- 3.6.3 Market Challenges
- 3.6.4 Industry Analysis: Porter's
- 3.6.5 Pestel Analysis
- 3.6.7 Major Deals & Strategic Alliances Analysis
- 3.7 Market Entry Strategies
Chapter 4 Supplements & Nutrition Packaging Market: Packaging Type Estimates & Trends Analysis
- 4.1 Definition & Scope
- 4.2 Packaging type movement & market share analysis, 2020 & 2030
- 4.3 Primary Packaging
- 4.3.1 Supplements & nutrition packaging market Estimates And Forecasts, By Primary packaging, 2017 - 2030 (USD Million)
- 4.4 Secondary & Tertiary Packaging
- 4.4.1 Supplements & nutrition packaging market Estimates And Forecasts, By Secondary & Tertiary packaging, 2017 - 2030 (USD Million)
Chapter 5 Supplements & Nutrition Packaging Market: Material Estimates & Trends Analysis
- 5.1 Definition & Scope
- 5.2 Material movement & market share analysis, 2020 & 2030
- 5.3 Glass
- 5.3.1 Market estimates and forecasts, by glass, 2017 - 2030 (USD Million)
- 5.4 Plastic
- 5.4.1 Market estimates and forecasts, by plastic, 2017 - 2030 (USD Million)
- 5.5 Metals
- 5.5.1 Market estimates and forecasts, By Metals, 2017 - 2030 (USD Million)
- 5.6 Paper & Cardboard
- 5.6.1 Market estimates and forecasts, By paper & paperboard, 2017 - 2030 (USD Million)
Chapter 6 Supplements & Nutrition Packaging Market: Formulation Estimates & Trends Analysis
- 6.1 Definition & Scope
- 6.2 Formulation movement & market share analysis, 2020 & 2030
- 6.3 Tablets
- 6.3.1 Market estimates and Forecasts, By tablets, 2017 - 2030 (USD Million)
- 6.4 Capsules & Pills
- 6.4.1 Market estimates and Forecasts, By Capsules & Pills, 2017 - 2030 (USD Million)
- 6.5 Powder
- 6.5.1 Market estimates and Forecasts, By Powder, 2017 - 2030 (USD Million)
- 6.6 Soft Gels
- 6.6.1 Market estimates and Forecasts, By Soft gels, 2017 - 2030 (USD Million)
- 6.7 Liquids
- 6.7.1 Market estimates and Forecasts, By Liquids, 2017 - 2030 (USD Million)
Chapter 7 Supplements & Nutrition packaging Market: Regional Estimates & Trend Analysis
- 7.1 Regional Market Snapshot
- 7.2 Global Supplements & nutrition packaging market: Regional movement analysis, 2020 & 2030
- 7.3.1 North America Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3.2 North America Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.3 North America Market estimates and forecasts, by material, 2017 - 2030 (USD Million)
- 7.3.4 North America Market estimates and forecasts, by formulation, 2017 - 2030 (USD Million)
- 7.3.5 U.S.
- 7.3.6 Canada
- 7.3.7 mexico
- 7.4 Europe
- 7.4.1 Europe Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4.2 Europe Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.3 Europe Market estimates and forecasts, by material, 2017 - 2030 (USD Million)
- 7.4.4 Europe Market estimates and forecasts, by formulation, 2017 - 2030 (USD Million)
- 7.4.5 Germany
- 7.4.6 Uk
- 7.4.7 Spain
- 7.4.8 France
- 7.4.9 Italy
- 7.4.10 Russia
- 7.5 Asia Pacific
- 7.5.1 Asia Pacific Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.5.2 Asia Pacific Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.5.3 Asia Pacific Market estimates and forecasts, by material, 2017 - 2030 (USD Million)
- 7.5.4 Asia Pacific Market estimates and forecasts, by formulation, 2017 - 2030 (USD Million)
- 7.5.5 China
- 7.5.6 Japan
- 7.5.7 India
- 7.5.8 Australia
- 7.5.9 South Korea
- 7.6 Central & South America
- 7.6.1 Central & South America Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.6.2 Central & South America Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.6.3 Central & South America Market estimates and forecasts, by material, 2017 - 2030 (USD Million)
- 7.6.4 Central & South America Market estimates and forecasts, by formulation, 2017 - 2030 (USD Million)
- 7.6.5 Brazil
- 7.6.7 Argentina
- 7.7 Middle East & Africa
- 7.7.1 Middle East & Africa Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.7.2 Middle East & Africa Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.7.3 Middle East & Africa Market estimates and forecasts, by material, 2017 - 2030 (USD Million)
- 7.7.4 Middle East & Africa Market estimates and forecasts, by formulation, 2017 - 2030 (USD Million)
- 7.7.5 Saudi Arabia
- 7.7.6 South Africa
- 7.7.7 UAE
Chapter 8 Competitive Analysis
- 8.1 Key global players & recent developments & their impact on the industry
- 8.2 Key Company/Competition Categorization
- 8.3 Vendor Landscape
- 8.3.1 List of key distributors & channel partners
- 8.3.2 Company Market Position Analysis
- 8.3.3 Partial List of key Supplements & Nutrition Packaging companies
Chapter 9 Company Profiles
- 9.1 Glenroy, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Performance
- 9.1.3 Material benchmarking
- 9.2 Alpha Packaging
- 9.2.1 Company Overview
- 9.2.2 Financial Performance
- 9.2.3 Material benchmarking
- 9.2.4 Strategic Initiatives
- 9.3 Comar, LLC.
- 9.3.1 Company Overview
- 9.3.2 Financial Performance
- 9.3.3 Material benchmarking
- 9.3.4 Strategic Initiatives
- 9.4 Graham Packaging Company
- 9.4.1 Company Overview
- 9.4.2 Financial Performance
- 9.4.3 Material benchmarking
- 9.5 Gerresheimer AG
- 9.5.1 Company Overview
- 9.5.2 Financial Performance
- 9.5.3 Material benchmarking
- 9.5.4 Strategic Initiatives
- 9.6 ePac Holdings, LLC
- 9.6.1 Company Overview
- 9.6.2 Financial Performance
- 9.6.3 Material benchmarking
- 9.6.4 Strategic Initiatives
- 9.7 Law Print & Packaging Management Ltd.
- 9.7.1 Company Overview
- 9.7.2 Financial Performance
- 9.7.3 Material benchmarking
- 9.8 MPS (Moulded Packaging Solutions)
- 9.8.1 Company Overview
- 9.8.2 Financial Performance
- 9.8.3 Material benchmarking
- 9.8.4 Strategic Initiatives
- 9.9 OPM Labels
- 9.9.1 Company Overview
- 9.9.2 Financial Performance
- 9.9.3 Material benchmarking
- 9.9.4 Strategic Initiatives
- 9.10 Container and Packaging Supply, Inc.
- 9.10.1 Company Overview
- 9.10.2 Material benchmarking