Press Release

Dec, 14 2023

Revolutionizing Wellness: Innovations and Trends in Nutraceutical Packaging for Health-Conscious Consumers in Modern Markets

The global nutraceutical packaging market refers to the industry dedicated to designing, manufacturing, and supplying packaging solutions for nutraceutical products. Nutraceuticals, encompassing functional foods, dietary supplements, and herbal products, require specialized packaging to preserve their efficacy and ensure consumer safety. This market is characterized by a diverse range of materials and formats tailored to meet the unique needs of various nutraceutical products.

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Data Bridge Market Research analyses that the Global Nutraceutical Packaging Market which was USD 5,357.42 million in 2022, is expected to reach USD 8,328.46 million by 2030, growing at a CAGR of 5.80% during the forecast period of 2023 to 2030. The surge in e-commerce for nutraceuticals demands packaging innovations ensuring secure transportation and enhancing the unboxing experience. Solutions must balance product safety with consumer satisfaction, reflecting the dynamic intersection of online retail and health-conscious consumer preferences in the nutraceutical industry.

Key Findings of the Study

Nutraceutical Packaging Market

Extended shelf life is expected to drive the market's growth rate

Nutraceuticals, housing delicate ingredients, benefit from advanced packaging solutions employing barrier technologies. These innovations act as protective shields, safeguarding against detrimental external elements such as light, moisture, and oxygen. By extending product shelf life, these packaging advancements ensure that consumers receive nutraceuticals at their optimal potency, emphasizing the crucial role packaging plays in preserving the efficacy and quality of health-focused products.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Bottles, Cans and Jars, Bags and Pouches, Cartons, Stick Packs, Blister Packs, Display Boxes, Canister, and Others), Material Type (Plastic, Metal, Glass, Paper and Paperboard, and Others), Product Type (Child Resistant Packaging, Starter and Demo Kits, Brand Kits, On-The-Go Mobility, Single Use, Stick Packs, and Others), Package Coating and Specialty (Gloss and Raised UV Coatings, Pearlescent Coatings, Specialty Coating, Metallic Sheens, Reticulation Effects, Embossing and Debossing, Foil Stamping, and Others), Nature (Conventional, Eco-Friendly, and Recyclable), Category (Regular Packaging, and Customized Packaging), End Use (Retail and Industrial), Application (Dietary Supplements, Medicinal Foods, Nutricosmetics, Herbal Products, Isolated Nutrient Supplements, Functional Food, Functional Beverages, and Others), End Product Form (Dry and Liquid)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Amcor plc (Switzerland), Bemis Manufacturing Company. (U.S.) AptarGroup, Inc. (U.S.), Berry Global Inc. (U.S.), Gerresheimer AG (Germany), Schott AG (Germany), Mondi (Austria), WestRock Company (U.S.), TricorBraun (U.S.), CCL Industries (Canada), Sonoco Products Company (U.S.), RPC Group (U.K.), Constantia Flexibles (Austria), Bormioli Pharma S.p.A. (Italy), Graham Packaging Company (U.S.), alphapackaging.co (U.S.), Tekni-Plex, Inc. (U.S.)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.  

Segment Analysis:

The global nutraceutical packaging market is segmented on the basis of type, material type, product type, package coating and specialty, nature, category, end use, application, and end product form.

  • On the basis of type, the global nutraceutical packaging market is segmented into bottles, cans and jars, bags and pouches, cartons, stick packs, blister packs, display boxes, canister, and others. The bottles segment is expected to dominate the global nutraceutical packaging market with a 20.32% market share owing to the easy availability of bottles
  • On the basis of material type, the global nutraceutical packaging market is segmented into plastic, metal, glass, paper paperboard, and others. The plastic segment is expected to dominate the global nutraceutical packaging market with a 37.72% market share owing to increasing demand for plastic material for packaging and growing technological advancements in the packaging sector

The plastic segment of the material type segment is anticipated to dominate the nutraceutical packaging market

The plastic segment is expected to dominate the global nutraceutical packaging market with a 37.72% market share owing to increasing demand for plastic material for packaging and growing technological advancements in the packaging sector. As the preference for plastic packaging rises, propelled by its versatility and adaptability, the plastic segment anticipates sustained dominance.

  • On the basis of product type, the global nutraceutical packaging market is segmented into child resistant packaging, starter and demo kits, brand kits, on-the-go mobility, single use, stick packs, and others. Child resistant packaging segment is expected to dominate the global nutraceutical packaging market with a 27.70% market share owing to the rise in demand for the child-resistant solutions to avoid accidental ingestion of lethal materials by children all over the globe

The child resistant packaging product type segment of product type segment is anticipated to dominate the nutraceutical packaging market.

The child resistant packaging segment is expected to dominate the global nutraceutical packaging market with a 27.70% market share owing to the rise in demand for the child-resistant solutions to avoid accidental ingestion of lethal materials by children all over the globe. As safety becomes paramount, the market anticipates sustained growth in the adoption of child-resistant packaging within the nutraceutical industry worldwide.

  • On the basis of package coating and specialty, the global nutraceutical packaging market is segmented into gloss and raised UV coatings, pearlescent coatings, specialty coating, metallic sheens, reticulation effects, embossing and debossing, foil stamping, and others. The metallic sheens segment is expected to dominate the global nutraceutical packaging market with a 20.77% market share because of the increasing deployment of evolving metal printing technologies
  • On the basis of nature, the global nutraceutical packaging market is segmented into conventional, eco-friendly, and recyclable. The conventional segment is expected to dominate the global nutraceutical packaging market with a 44.33% market share owing to increasing awareness of the reuse and recycling of packaging
  • On the basis of category, the global nutraceutical packaging market is segmented into regular packaging, and customized packaging. The regular packaging segment is expected to dominate the global nutraceutical packaging market with a 58.80% market share owing to easy accessibility and availability
  • On the basis of end use, the global nutraceutical packaging market is segmented into retail and industrial. The industrial segment is expected to dominate the global nutraceutical packaging market with a 61.88% market share market because of growth in the demand for the nutraceutical products by industrial sector
  • On the basis of application, the global nutraceutical packaging market is segmented into dietary supplements, medicinal foods, nutricosmetics, herbal products, isolated nutrient supplements, functional food, functional beverages, and others. The functional beverages segment is expected to dominate the global nutraceutical packaging market with a 24.34% market share owing to a surge in the adoption of plant-based beverages as an alternative to dairy beverages
  • On the basis of end product form, the global nutraceutical packaging market is segmented into dry and liquid. The dry segment is expected to dominate the global nutraceutical packaging market with a 54.33% market share due to increasing demand for vitamin supplements, nutritional powders, and gummies among others

Major Players

Data Bridge Market Research recognizes the following companies as the major global nutraceutical packaging market players in global nutraceutical packaging market are Amcor plc (Switzerland), Bemis Manufacturing Company. (U.S.) AptarGroup, Inc. (U.S.), Berry Global Inc. (U.S.), Gerresheimer AG (Germany), Schott AG (Germany), Mondi (Austria), WestRock Company (U.S.)

Nutraceutical Packaging Market

Market Developments

  • In April 2023, Berry Global celebrated the inauguration of its cutting-edge healthcare manufacturing facility and Global Centre of Excellence in Bangalore, India, with a noteworthy opening ceremony. This milestone signifies a significant achievement in Berry's global healthcare operations. The state-of-the-art facility underscores Berry's commitment to advancing healthcare manufacturing capabilities, showcasing its dedication to innovation, and quality, and contributing to the growth and excellence of the healthcare sector on a global scale
  • In April 2022, Amcor plc, a prominent player in responsible packaging solutions, unveiled sustainable High Shield laminates for its pharmaceutical packaging portfolio. These eco-friendly options fulfill stringent industry requirements for high barrier and performance. Notably, they align with pharmaceutical companies' recyclability objectives, offering both efficacy and environmental responsibility. Amcor's innovation marks a significant step in enhancing sustainability within the pharmaceutical packaging sector, meeting industry demands while championing a greener approach in the evolving landscape of responsible packaging
  • In 2021, HEBE LIFE, a U.K.-based nutricosmetics and supplements company, unveiled an innovative packaging format. The tamper-evident label, adorned with a QR code, serves as a multi-functional solution. It facilitates product authentication, ensures brand protection, enables geolocation tracking, and acts as an anti-counterfeiting measure. This forward-thinking packaging not only meets the demands of heightened consumer awareness but also aligns with the preferences of tech-savvy consumers seeking intelligent and secure solutions in the realm of nutraceuticals
  • In 2021, Origin Pharma Packaging, a prominent player in the pharmaceutical packaging sector, unveiled its new venture, Design Innovation Development, dedicated to nutraceutical companies. This agency aims to collaborate with both international enterprises and local businesses, offering tailored packaging solutions. With a focus on innovation, Design Innovation Development aspires to elevate packaging standards, ensuring that nutraceutical products receive distinctive, customized designs that align with evolving market trends and consumer preferences

Regional Analysis

Geographically, the countries covered in the global nutraceutical packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

As per Data Bridge Market Research analysis:

North America is the dominant region in the global nutraceutical packaging market during the forecast period 2023-2030

North America dominates the global nutraceutical packaging market due to increasing demand for packaging with advancements in packaging technologies. Smart packaging features such as QR codes for product information, freshness indicators, and interactive packaging enhance consumer engagement, offering additional value beyond basic functions. This region's proactive adoption of innovative packaging solutions reflects a commitment to meeting evolving consumer expectations and leveraging cutting-edge technologies in the dynamic nutraceutical industry.

Asia-Pacific is estimated to be the fastest-growing region in the global nutraceutical packaging market during the forecast period 2023 - 2030

Asia-Pacific is expected to dominate the global nutraceutical packaging market during the forecast period from 2023 to 2030. The region's accelerated growth is attributed to the burgeoning e-commerce sector, redefining consumer habits in nutraceutical product acquisition. The transformative impact of e-commerce has reshaped purchasing dynamics, making Asia-Pacific the fastest-growing market segment. This shift reflects evolving consumer preferences and emphasizes the region's pivotal role in the future landscape of nutraceutical packaging.

For more detailed information about the global nutraceutical packaging market report, click here – https://www.databridgemarketresearch.com/reports/global-nutraceutical-packaging-market


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