Future Market 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.
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
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 – Segmentation
The supplements and nutrition packaging marketis segmented as follows:
On the basis of raw materials, the global supplements and nutrition packaging marketis segmented into:
Based on end use industry, global supplements and nutrition packaging marketis segmented into:
On the basis of shape, the global supplements and nutrition packaging marketis segmented into:
On the basis of end use, the global supplements and nutrition packaging market is segmented into:
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.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.