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Nutraceutical Packaging Market Trends

Report ID: GMI7036
Published Date: Oct 2023
Report Format: PDF

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Nutraceutical packaging Market Trends

Sustainability is a significant trend in nutraceutical packaging. Consumers are increasingly concerned about the environmental impact of packaging materials. As a result, there is a growing demand for packaging solutions that are recyclable, biodegradable, and made from renewable materials.

The integration of smart technology into packaging is on the rise. Smart packaging solutions can include QR codes, RFID tags, and NFC technology that provide consumers with information about product authenticity, usage, and safety. Some nutraceutical products, especially those with potentially harmful ingredients, require child-resistant packaging to prevent accidental ingestion by children. Compliance with child-resistant packaging regulations is a significant trend in this market.

Authors: Suraj Gujar, Sunita Singh

Frequently Asked Questions (FAQ) :

Nutraceutical packaging industry size was USD 3.4 billion in 2022 and is projected to witness over 4.8% CAGR from 2023 to 2032 driven by the increasing demand for dietary supplements, functional foods, and nutraceutical products worldwide.

The dietary supplements segment held more than 40% of the market share in 2022 and is estimated to expand up to 2032 owing to the increasing need for clear and informative labeling to convey ingredients, dosage instructions, and health benefits to consumers.

U.S. nutraceutical packaging industry generated more than USD 1 billion in revenue in 2022 and is expected to witness robust growth through 2032 owing to the growing health and wellness awareness in the region.

Some of the leading nutraceutical packaging firms include Berry Global, Bemis Company, Inc. (now part of Amcor Plc), AptarGroup, Inc., Amcor, Plc., Constantia Flexibles Group, Mondi Group, and Owens-Illinois, Inc.