Global Supplement Packaging Market By Overview
Supplement packaging market accounted for US$ 22.43 billion in 2020 and is estimated to be US$ 34.61 billion by 2030 and is anticipated to register a CAGR of 4.5%.
Supplements are the outside additives that can be provided. Dietary supplements such as vitamins, minerals, herbs, amino acids, and enzymes. It can be packed in form of tablets, capsules, soft gels, powders, liquids etc. These supplements are essential for helping our body to develop and function. It acts as a backup for body to function smoothly. The main difference between vitamins and supplements is that vitamins are naturally occurring nutrients whereas supplements are naturally-occurring or synthetic chemicals taken as a complement to the diet. Most probably these supplements taken by the sports person who are indulging themselves into an extreme workout. Everybody can’t able to deal with the synthetic supplements, many supplements contain active ingredients that have strong biological effects in the body.
Global Supplement Packaging Market By Drivers & Restraints
Rising health consciousness
Increase in the health consciousness among the people across the globe is the major factor driving the growth of the global market. Also, lack of nutrients due to unhealthy diet is boosting the growth of the global supplement packaging market. Furthermore, rise in the aesthetic appeal of the supplement is also propelling the growth of the target market. Moreover, the increasing knowledge about nutrition and supplement which is required by body also uplifts the demand for supplements. Lastly, the changing lifestyles, engaging in long term activities, hectic schedules increase the fast requirement of supplement.
However, lack of knowledge and not proper guidance of nutrition and vitamins hampers the growth of the supplement packaging market.
Global Supplement Packaging Market By Segmentations & Regional Insights
The global supplement packaging market is segmented based on product type, end user and region.
On the basis of product type, the global supplement packaging market is segmented into oblong bottles, stress-style packers, indented label packers, apothecary packers, bags, pouches, and canisters. On the basis of end user, the target market is segmented into adults, geriatric, pregnant women, and children & infants.
Regional Insights:
The global supplement packaging market accounted for US$ 22.43 billion in 2020 and is estimated to be US$ 34.61 billion by 2030 and is anticipated to register a CAGR of 4.5%. On region the global Supplement packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America has the largest market and is anticipated to dominate the global market over the forecast period due to large adoption of supplement food among the customers. Europe is expected to have second largest market in terms of revenue, while Asia-Pacific is expected to show significant growth in the upcoming years.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Product Type- Oblong Bottles, Stress-Style Packers, Indented Label Packers, Apothecary Packers, Bags, Pouches, and Canisters By End User– Adults, Geriatric, Pregnant Women and Children & Infants |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global supplement packaging market report based on product type, end user, and region.
Global Supplement Packaging Market, By Region:
- North America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- U.S.
- Canada
- Middle East & Africa
Global Supplement Packaging Market By Competitive Landscape & Key Players
The key players operating in the global supplement packaging market includes Alpha Packaging, EPAC Holdings LLC., Glenroy Inc., Moulded Packaging Solutions Ltd., Graham Packaging Company, Packacre Enterprise Ltd., Vitakem Nutraceutical Inc., Assemblies Unlimited, Inc., Makers Nutrition, LLC.
Global Supplement Packaging Market By Company Profile
- Alpha Packaging
- EPAC Holdings LLC.
- Glenroy Inc.
- Moulded Packaging Solutions Ltd.
- Graham Packaging Company
- Packacre Enterprise Ltd.
- Vitakem Nutraceutical Inc.
- Assemblies Unlimited, Inc.
- Makers Nutrition, LLC.
Global Supplement Packaging Market By Highlights
FAQs
The global supplement packaging market report segments the market on the basis of product type, end user, and region.
The market is driven by increase in the health consciousness among the people
North America has the largest market and is anticipated to dominate the global market over the forecast period due to large adoption of supplement food among the customers. Europe is expected to have second largest market in terms of revenue, while Asia-Pacific is expected to show significant growth in the upcoming years.
For instance, in 2017, Alpha Packaging acquired Dutch plant from Graham Packaging Company.