Supplements & Nutrition Packaging Market Analysis, Trends and Forecast, 2019 - 2025

The global supplements and nutrition packaging market size was valued at USD 21.9 billion in 2018 and is expected to expand at a CAGR of 3.6% during the forecasting period.

 

The global Supplements & Nutrition Packaging Market size is expected to reach USD 28.1 billion by 2025, expanding at a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing focus on branding among nutrition supplement players, rising number of contract packaging services, and increasing awareness related to labelling are key factors driving the market.

Moreover, recent advancements in designs are expected to boost market growth. Recent advancements in packaging include smart packaging, non-destructive inspection methods, printing techniques, software systems and interfaces, automation architecture, and application of robotics and types of machinery. These techniques are focused on protecting brand image against counterfeiting activities. These techniques include unique fingerprint, anti-diversion codes, hologram-enabled authentication, and invisible inks.

Growing prevalence of chronic and lifestyle-related diseases is anticipated to increase demand for nutrition supplements among patients, which would in turn propel demand for various packing solutions. According to data published by the National Center for Biotechnology Information (NCBI) in 2015, about 46 million Indian women suffer from osteoporosis and the number is expected to increase during the assessment period.

Browse Details of Report @ 
https://www.grandviewresearch.com/industry-analysis/supplements-nutrition-packaging-market

Further key findings from the report suggest:

• In 2018, primary packaging held the largest revenue share by type, owing to rising consumption of powdered supplements and sports and energy drinks as well as increasing demand for stand-up pouches
• Plastic held the largest revenue share in 2018 in terms of material owing to increasing utilization of plastics in packing nutrition supplements. Plastics are used in the manufacturing of bottles, stand-up pouches, and sachets
• By formulation, the powder segment accounted for a major revenue share of nearly 46.0% in the global market in 2018. Rise in consumption of powdered supplements such as amino acid powders and protein powders majorly contributes to the growth of this segment
• Asia Pacific held the dominant revenue share in 2018, due to high consumption of dietary supplements in the region and presence of a large number of contract manufacturing hubs, especially in countries such as India and China
• Key players in this space include SKS Bottle & Packaging, Inc.; Alpha Packaging, Assemblies Unlimited, Inc.; BALL CORPORATION.; Gerresheimer AG; and Law Print & Packaging Management Ltd.