DUBLIN--(BUSINESS WIRE)--The "Supplements & Nutrition Packaging - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Supplements & Nutrition Packaging Market accounted for $23.15 billion in 2019 and is expected to reach $36.07 billion by 2027, growing at a CAGR of 5.7% during the forecast period.
Some of the key factors propelling the market growth include high consumption of nutrition supplements, rising prevalence of vitamin and mineral deficiencies, advances in healthcare industry, rising number of contract packaging services and rise in disposable income. However, customization in packaging products lead to increase in the price of the overall product to other competitive products resulting in lower adoption by the middle-income population of the customized packaged products is likely to restraint the market.
The basic role of supplements and nutrition packaging is to provide content protection and containment. Supplements and nutrients are gaining speedy growth on the back of increasing global aging population and rising fitness and amateur athletes' population. It include vitamins, minerals, proteins, fatty acids, herbs, amino acids, fibers and more required for supplementing sufficient nutrients that are not absorbed in a regular diet. Supplements and nutrition packaging provide shelf impact in a range of similar products along with brands unique identity.
By formulation, the powder segment is anticipated to grow at the significant rate during the forecast period, due to the increase in consumption of powdered supplements, like protein and amino acid powders. Besides, growing awareness about health and fitness among consumers boosts the consumption of powder nutrition supplements. Powders are generally packaged in bottles, containers, or tubs. Powdered supplements, particularly protein powders, are consumed daily in large volumes, which in turn increase the demand for oversized tubs and containers.
On the basis of geography, Asia-Pacific region is expected to have considerable market growth during the forecast period.
High consumption of dietary supplements and the presence of contract manufacturing hubs such as China and India significantly contribute to increasing market growth. India, China, Philippines, Singapore, and Australia, among others, are some of the major contract manufacturing hubs across the globe. The presence of a large number of GMP facilities, low labor costs, availability of raw materials, and improved tax incentives are some of the key factors that are responsible for a large percentage of CMOs in this region.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
- Arizona Nutritional Supplements, LLC.
- Graham packaging company LP.
- Comar, LLC.
- Assemblies Unlimited, Inc.
- Ball Corporation
- Alpha Packaging
- Law Print & Packaging Management Ltd.
- Moluded Packaging Solutions Limited.
- SKS Bottle & Packaging, Inc.
- Packacre Enterprises Limited.
- Gerresheimer AG
- Goerlich Pharma GmbH
- Vitakem Packaging
- Container and Packaging Supply Inc.
- Lustrel Laboratories
- OPM Labels
- Private Label Nutrition
- Melrob Group (NORDMANN)
- Ambi Pack
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of COVID-19
4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry
5 Global Supplements & Nutrition Packaging Market, By Material
5.3 Paper and Cardboard
5.5.1 High Density Poly Ethylene (HDPE)
5.5.2 Polypropylene (PP)
5.5.3 Polyethylene Terephthalate (PET)
5.5.4 Polyethylene (PE)
6 Global Supplements & Nutrition Packaging Market, By Type
6.2 Secondary and Tertiary Packaging
6.2.1 Flexible Paper/Plastic/Metal
6.2.2 Paperboard Packaging
6.3 Primary Packaging
6.3.1 Stand-up Pouches
6.3.2 Sachets and Other Pouches
6.3.3 Bottles and Jars
6.3.4 Rigid Papers
6.3.5 Tins and Cans
6.3.6 Blisters and Strips
7 Global Supplements & Nutrition Packaging Market, By Formulation
7.3 Soft Gels
7.4 Pills and Capsules
8 Global Supplements & Nutrition Packaging Market, By Package Quantity
8.2 Less than 1.5L
8.3 1.5L to 3.0L
8.4 3.0L to 5.0L
8.5 More Than 5 Liters
9 Global Supplements & Nutrition Packaging Market, By Shape
9.3 Square and Gripper
9.4 Slim Line
9.6 Muscle Protein Synthesis (MPS)
9.7 Square Rounded
10 Global Supplements & Nutrition Packaging Market, By Application
10.2 Food and Beverage Industries
10.4 Sports Nutrition
11 Global Supplements & Nutrition Packaging Market, By Geography
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launches
12.5 Other Key Strategies
13 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/9j2lnz