Supplements and Nutrition Packaging Market

Supplements and Nutrition Packaging Market Size (2024-2029):

The Global Supplements and Nutrition Packaging Market was worth US$ 30.11 billion in 2023 and is anticipated to reach a valuation of US$ 43.19 billion by 2029 and it is predicted to register a CAGR of 6.2% during the forecast period 2024-2029.

Market Overview:

Supplements and nutrition packaging refers to specialized packaging solutions used for products such as vitamins, dietary supplements, and protein powders. These require packaging that provides protection, preservation, and ease of use for consumers while complying with regulatory labeling requirements. Packaging materials can include plastic bottles, jars, pouches, blister packs, and sachets. With increasing demand for these products, the packaging industry has seen significant growth and innovation. The market is expected to witness significant growth due to the increasing aging population, increasing prevalence of chronic diseases, and growing awareness about the benefits of dietary supplements and nutraceuticals.

Market Drivers:

There is a growing awareness of the importance of health and wellness, leading to an increased demand for supplements and nutrition products. This has created opportunities for packaging companies to develop innovative solutions that meet the specific needs of this market. Secondly, the rise of e-commerce has created a need for packaging that not only provides protection during shipping but is also visually appealing and informative. Additionally, there is an increasing demand for sustainable packaging solutions, as consumers become more environmentally conscious. This has led to the development of biodegradable and compostable packaging materials that are both functional and environmentally friendly. Lastly, the development of smart packaging solutions that provide consumers with information about the products they are purchasing is driving growth in the market.

Market Restraints:

The supplements and nutrition packaging market also face several restraints that could hinder growth and development. One of the significant challenges is the high cost of packaging materials, particularly for sustainable options, which may deter some companies from investing in these solutions. Additionally, the regulatory landscape can be complex, with different regulations for different regions, which can make it difficult for companies to develop packaging that meets all the necessary requirements. There is also a need for increased education and awareness about the benefits of sustainable packaging and the importance of proper disposal, as improper disposal of packaging materials can harm the environment.

Market Opportunities:

The supplements and nutrition packaging market present several opportunities for growth and innovation. One such opportunity is the growing demand for sustainable packaging solutions, as consumers become increasingly environmentally conscious. This has led to an increased interest in biodegradable and compostable packaging materials. Additionally, the rise of e-commerce has created opportunities for companies to develop packaging that is not only visually appealing but also provides protection during shipping. There is also potential for companies to invest in smart packaging solutions that can provide consumers with information about the products they are purchasing. Overall, the supplements and nutrition packaging market present a range of opportunities for companies to develop innovative solutions that meet the changing needs of consumers.

SUPPLEMENTS AND NUTRITION PACKAGING MARKET REPORT COVERAGE:

Market Segmentation:

Supplements and Nutrition Packaging Market - By Type:

• Bottles
• Jars
• Pouches
• Sachets
• Tubes
• Others

The bottles segment is leading with the dominant shares of the market. Owing to their convenience, easy handling, and ability to preserve product quality. These factors have made bottles the preferred choice for packaging supplements and nutrition products. With the increasing demand for these products, the bottle packaging segment is expected to witness significant growth and innovation in the coming years.

Supplements and Nutrition Packaging Market - By Material:

• Plastic
• Glass
• Metal
• Paperboard

Plastic is expected to have the highest market share during the forecast period as it is most used material for supplements and nutrition packaging due to its lightweight, durability, and low cost.

Supplements and Nutrition Packaging Market - By Product Type:

• Vitamins
• Minerals
• Herbs
• Protein supplements

Protein supplements are expected to have the highest market share in the supplements and nutrition packaging industry, owing to the rising demand for sports nutrition and weight management products. This has created a need for specialized packaging solutions that provide protection, convenience, and information for consumers. The growing awareness of health and wellness has also contributed to the popularity of protein supplements in the market.

Supplements and Nutrition Packaging Market - By End-user:

• Sports Nutrition
• Weight management
• General health and wellness

The sports nutrition segment is expected to have the dominant share in the supplements and nutrition packaging market due to the increasing awareness about the benefits of sports nutrition products such as protein powders and energy drinks.

Supplements and Nutrition Packaging Market - By Distribution Channel:

• Retail stores
• Online channels
• Direct sales

The online channels category is ruling with the highest shares of the supplements and nutrition packaging market due to the increasing penetration of e-commerce platforms and the convenience of online shopping.

Market Regional Analysis: 

The Global Supplements and Nutrition Packaging Market Report includes the segmentation of regions:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America is expected to have the largest share of the supplements and nutrition packaging market, owing to the high per capita consumption of supplements and nutrition products in the region. The growing awareness of health and wellness, along with an increasingly ageing population, is driving the demand for these products in North America. This has led to an increase in demand for specialized packaging solutions that meet the specific needs of this market.

The Asia Pacific region is expected to be the fastest-growing market in supplements and nutrition packaging due to the increasing health consciousness among consumers and the growing popularity of e-commerce platforms.

COVID-19 Impact on the Supplements and Nutrition Packaging Market:

The COVID-19 pandemic has had a significant impact on the supplements and nutrition packaging market. With increased awareness of health and wellness, the demand for supplements has risen, leading to a corresponding increase in demand for packaging materials. However, disruptions in supply chains and manufacturing processes have resulted in challenges for the industry. Additionally, changes in consumer behaviour, such as a preference for online shopping and a shift towards sustainable packaging, have also impacted the market. Overall, the pandemic has brought about both challenges and opportunities for the supplements and nutrition packaging market, and companies are adapting to meet the evolving needs of their customers.

Market Key Players:

1. Amcor plc
2. Berry Global Inc.
3. Gerresheimer AG
4. AptarGroup, Inc.
5. Owens-Illinois, Inc.
6. Sonoco Products Company
7. TricorBraun Inc.
8. Alpha Packaging Inc.
9. Graham Packaging Company
10. Silgan Holdings Inc.

Market Key Developments:

• In November 2022, Aptar Pharma, a global leader in drug delivery and active material science solutions and services, has collaborated with TFF Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company focused on developing and commercializing innovative drug products based on its patented Thin Film Freezing technology platform.
• In April 2021, Amcor plc announced the launch of its first recyclable polyethylene-based blister packaging solution for the nutraceuticals and pharmaceuticals markets.
• In 2021, Berry Global Inc. acquired the leading supplier of flexible and printed packaging films, Clopay Plastic Products Company Inc., strengthening its position in the flexible packaging market.