Friday, May 13, 2022

What Is The Projected Market Size And Growth Rate Of The Supplements and Nutrition Packaging Market?

 Nutrients are an essential part of the diet and so are supplements. They are pro diet and are consumed to enrich the nutrient value of normal day-to-day food. Hence it becomes essential to display the information regarding the components present in the supplements by providing their nutrient value and composition to consumers in order to direct their diet plan as suggested by the physician or the nutritionist. Packaging of such supplements and nutritional products enables this function and the entire information is printed on the package for the consumers to get a broad idea of the product. Communication of this information is carried out by the packaging and it has gained enormous traction over the past couple of years. Moreover, packaging also performs a vital role in promoting brand image as well. Apart from these, it gives an aesthetic appeal to the product making it more presentable. Capsules, bottles, blister packaging, canisters, etc., are a few of the packaging methods or means available for the nutrients and the supplements.

Supplements and Nutrition Packaging Market: Types and Applications

The packaging has several types which depend upon the volume and type of the supplement. The raw material used for the packaging is plastic and glass. In plastics, there are HDPE (High-Density Polyethylene), PE (Polyethylene), and PET (Polyethylene Terephthalate) plastic materials that are used in packaging. The packaging also depends upon the end-use and the capacity of the container which can be categorized into 1.5 liters, 2.5 to 3 liters, 4 liters, 5 liters, and more than 5 liters. Nowadays, packaging for the capacity of fewer than 5 liters is also available. There are various shapes available, to name a few, cubical, spherical, square gripper, square round, slimline, and MPS. Supplements and nutrition packaging finds its applications mainly in the pharmaceutical and food and beverage industries.

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Supplements and Nutrition Packaging Market: Growth Fuelling Aspects

Recently, there is a growing awareness of health consciousness. The rising trend of muscle and overall bodybuilding along with fitness among youth and middle-aged people has triggered the use of supplements and nutrition in their everyday diet. Moreover, their increased knowledge about nutrition and supplements demands the display of information on the supplement package with an aesthetic appeal. This has propelled the use of supplements and nutrition packaging and hence contributed to the growth of the market. To add to the contributing factors, changing lifestyle, increasing channel proliferation and self-directed consumers also play a vital role. The material used in the packaging of the supplements and nutrients improves the shelf life by protecting them from damage, adulteration, and leak.

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Supplements and Nutrition Packaging Market: Regional Landscape

The regional landscape covers North America, Europe, Asia Pacific, and the rest of the world. Further North America is categorized into the United States and Canada; Europe is divided into Western Europe and Eastern Europe. Western Europe is categorized into Germany, France, Italy, United Kingdom, Nordic Countries, Spain, Netherlands, Belgium, Luxemburg, and the rest of Western Europe. Eastern Europe is categorized into Russia, Poland, and the rest of Eastern Europe. APAC (Asia Pacific) is categorized into India, China, Australia, ASEAN, and New Zealand. Japan is also considered in the regional analyses. The rest of the world includes the Middle East, South Africa, GCC, and the rest of MEA. Latin America involves Brazil and Mexico.

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Supplements and Nutrition Packaging Market: Competitive Analysis

The key companies competing in the supplements and nutrition packaging market are Alpha Packaging, Molded Packaging Solutions Limited, Container and Packaging Supply Inc., Graham Packaging Company, Arizona Nutritional Supplements, Comar LLC. And Packacre Enterprises Limited.

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