The global market for supplement and nutrition packaging is projected to increase from USD 25.01 billion in 2022 to around USD 38.90 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.52% between 2023 and 2032.
Download Statistical Data: https://www.towardspackaging.com/download-statistics/5176
The global supplement and nutrition packaging sector is set for significant growth. Starting at a valuation of USD 25.01 billion in 2022, the market is expected to expand to USD 38.90 billion by 2032, achieving a steady CAGR of 4.52% from 2023 to 2032.
Key trends driving this growth include:
The supplement and nutrition packaging market specializes in creating tailored solutions for dietary supplements and sports nutrition products. A variety of materials, including plastic, glass, paperboard, and metal, are used to ensure product quality, safety, and efficacy. Packaging formats like bottles, jars, pouches, blister packs, and sachets are designed to cater to the specific needs of different product types.
In addition to protection, these packages serve multiple purposes, such as maintaining freshness and potency, delivering detailed product information, and adhering to legal and regulatory requirements.
Several factors are fueling the robust growth of this sector:
Consumer demand, combined with rapid product innovation and relatively low entry barriers, has attracted consumer packaged goods (CPG) and pharmaceutical companies to this expanding market.
The pandemic highlighted the importance of health and wellness, leading to a surge in demand for nutritional supplements like vitamin C and multivitamins. Products now come in a wide range of formats, including tablets, capsules, soft gels, gummies, liquids, and powders. Among these, gummies have emerged as a leading choice, extending their presence across various supplement categories.
The supplement and nutrition packaging market is poised to keep growing, driven by evolving consumer needs and innovations in packaging technology.
Buy Premium Global Insight: https://www.towardspackaging.com/price/5176
Get the latest insights on packaging industry segmentation with our Annual Membership – https://www.towardspackaging.com/get-an-annual-membership
If you have any questions, please feel free to contact us at sales@towardspackaging.com
Browse our Brand-New Journal:
https://www.towardshealthcare.com
https://www.towardsautomotive.com
For Latest Update Follow Us: https://www.linkedin.com/company/towards-packaging/
Get Our Freshly Printed Chronicle: https://www.packagingwebwire.com/
The drugs glass packaging market has seen significant growth in recent years and is expected…
The cartoning machines market has shown impressive growth and is poised to continue its upward…
The anti-static packaging market is set to experience significant growth in the coming years, with…
The ampule sticker labelling machine market is experiencing significant growth, poised for a surge in…
The global Electrostatic Discharge (ESD) packaging market reached a value of US$ 2.15 billion in…
The biologics CDMO (Contract Development and Manufacturing Organization) secondary packaging market has witnessed significant growth,…