North America Nutraceutical Packaging Market, By Type (Bottles, Cans & Jars, Blister Packs, Cannister, Stick Packs, Bags & Pouches, Cartons, Display Boxes, and Others), Material Type (Plastic, Paper & Paperboard, Metal, Glass and Others), Product Type (Child Resistant Packaging, Brand Kits, On-The-Go Mobility, Single Use, Stickpacks, Starter & Demo Kits, and Others),Package Coating & Specialty Prints (Metallic Sheens, Gloss & Raised UV, Coatings, Foil Stamping, Embossing & Debossing, Pearlescent Coatings, Reticulation Effects, Specialty Coatings, and Others), By Nature (Conventional, Eco-friendly and Recycle),Category (Regular Packaging and Customized Packaging) , End User (Retail and Industrial), Application (Functional Beverages, Functional Food, Dietary Supplements, Herbal Products, Nutricosmetics, Medicinal Foods, Isolated Nutrients Supplements, and Others),End Product Form (Dry and Liquid), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2028.
Market Analysis and Insights: North America Nutraceutical Packaging Market
The Nutraceutical Packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.8% in the forecast period of 2021 to 2028 and is expected to reach USD 2,569.19 Million by 2028. Rising consumer awareness regarding the consumption of dietary supplements and the demand for increased shelf life of nutraceutical products acts as driver for the Nutraceutical Packaging market growth.
Nutraceutical packaging is provided to food manufacturers, pharmaceutical and nutraceutical manufactures. Nutraceutical Packaging shows that the product has fulfilled all the safety process and the products is safe for consumption. Different packaging techniques and materials are involved in providing nutraceutical packaging for different purposes.
Nutraceutical manufacturers occupy a unique space in between consumer product and consumables regulations. The intended use of such items is similar to what would legally be considered drugs under the Food Drug and Cosmetics Act (FD&C Act), but dietary supplement manufacturing is considered a separate vertical from pharmaceuticals. Consequentially, nutraceutical manufacturers face a combination of compliance requirements that may only be encountered individually in other sectors, or as non-codified best practices, hence acts as a challenge for the Nutraceutical Packaging market growth.
The Nutraceutical Packaging market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the Nutraceutical Packaging market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Nutraceutical Packaging Market Scope and Market Size
The Nutraceutical Packaging market is segmented on the based on the country, type, material type, product type, package coating & specialty prints, nature, category, application, end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the North America nutraceutical packaging market is segmented into bottles, cans & jars, blister packs, cannister, stick packs, bags & pouches, cartons, display boxes and others. In 2021, the Bottles is expected to dominate the Nutraceutical Packaging market due to the easy accessibility and easy to manufacture.
- On the basis material type, the North America nutraceutical packaging market is segmented into plastic, paper & paperboard, metal, glass and others.. In 2021, the Plastic is expected to dominate the Nutraceutical Packaging market due to the increasing demand for Nutraceutical Packaging to as they can be molded into any shape and size and have industrial wide application.
- On the basis of product type, the North America nutraceutical packaging market is segmented into child resistant packaging, brand kits, on-the-go mobility, single use, stick packs, starter & demo kits and others. In 2021, the child resistant packaging is expected to dominate the Nutraceutical Packaging market as they have greater sealing capacity and keeps the products safe from external environment and keep children safe.
- On the basis of package coating & specialty prints, the North America nutraceutical packaging market is segmented into metallic sheens, gloss & raised UV, coatings, foil stamping, embossing & debossing, pearlescent coatings, reticulation effects, specialty coatings and others. In 2021, the metallic sheens are expected to dominate the Nutraceutical Packaging market due to their durability, product protection as some drugs and supplements need to be stored away from sunlight and most type of metals used can be recycled.
- On the basis of nature, the North America nutraceutical packaging market is segmented into conventional, eco-friendly and recycle.. In 2021, the conventional are expected to dominate the Nutraceutical Packaging market due to their easy availability, attractive packaging and low cost manufacturing.
- On the basis of category, the North America nutraceutical packaging market is segmented into regular packaging and customized packaging. In 2021, the regular packaging is expected to dominate the Nutraceutical Packaging market due to their easy availability, and low cost manufacturing.
- On the basis of end user, the North America nutraceutical packaging market is segmented into retail and industrial. In 2021, the industrial is expected to dominate the Nutraceutical Packaging market due to their bulk manufacturing, use of recyclable material and low cost as compared to retail.
- On the basis of application, the North America nutraceutical Packaging market is segmented into functional beverages, functional food, dietary supplements, herbal products, nutricosmetics, medicinal foods, isolated nutrients supplements and others. In 2021, the functional beverages are expected to dominate the Nutraceutical Packaging market due to the increase in demand for sport drinks among youth and adult consumers to lead a healthy lifestyle.
Nutraceutical Packaging Market Country Level Analysis
The Nutraceutical Packaging market is analyzed and market size information is provided by the country, type, material type, product type, package coating & specialty prints, nature, category, application, end user as referenced above.
The countries covered in the Nutraceutical Packaging market report are the U.S., Canada and Mexico.
- In 2021, U.S. is expected to grow with the highest growth rate, due to growing awareness and consumption of nutraceuticals among consumer, thus driving the growth of mutraceutical packaging in the market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growing strategic activities by major market players to enhance the awareness for nutraceutical packaging, is boosting the market growth of nutraceutical packaging market.
The Nutraceutical Packaging market also provides you with detailed market analysis for every country growth in particular market. Additionally, it provides the detail information regarding the market players’ strategy and their geographical presence. The data is available for historic period 2010 to 2019.
Competitive Landscape and Nutraceutical Packaging Market Share Analysis
Nutraceutical Packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Nutraceutical Packaging market.
The major companies which are dealing in the Nutraceutical Packaging are Glenroy, Inc, Maco PKG., JOHNSBYRNE, Birchwood Contract Manufacturing, AMGRAPH PACKAGING, INC, Mondi, Berry Global Inc., ALPHA PACKAGING, Mold-Rite Plastics, Airnov, SGH HEALTHCARING, ASSEMBLIES UNLIMITED, INC., Pretium Packaging, LLC, THE BOX CO-OP, ELIS PACKAGING SOLUTIONS, INC., DRUG PLASTICS GROUP, SCHOLLE IPN, M.A. PATTERSON COMPANY (VIRTUAL PACKAGING), AMERICAN FLEXPACK, ACTIONPAK, INC., SONIC PACKAGING INDUSTRIES, NUERA NUTRACEUTICALS INC., BURGOPAK, DORAN & WARD PACKAGING, and others among others domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many contract, agreement and launches are also initiated by the companies’ worldwide which are also accelerating the Nutraceutical Packaging market.
For instance-
- In March 2020, Arnet Pharmaceutical which is a well-known as a contract manufacturer which provide private labeling services to well-known brands and products worldwide, such offer flexible options for packaging: bulk, bottled and special packaging: blisters, packets, pouches or sachets. The company was world’s leading Contract Manufacturer of Supplements in Arab Health 2020
- In March 2019, Natural Health Farm Holdings will acquire a 51% majority interest in the contract development, manufacturing, and packaging solutions provider, Biodelta for US$1.6 million. This great acquisition of the companies will enhance and expand its global footprint to African regions
Collaboration, product launch, business expansion, award and recognition, joint ventures and other strategies by the market player is enhancing the company footprints in the Nutraceutical Packaging market which also provides the benefit for organization’s profit growth.
SKU-