NUTRACEUTICAL PACKAGING MARKET

Nutraceutical Packaging Market size reached USD 3.6 billion in 2023 and is estimated to reach USD 5.4 billion in 2031 and the market is estimated to grow at a CAGR of 5.1% from 2024-2031.

Major Nutraceutical Packaging Market Drivers

The global nutraceutical packaging market size is estimated to rise due to an increase in demand from consumers for health and wellness goods, innovations in packaging machines, and rapid urbanization. In nutraceutical packaging, the adoption of digital technologies presents an opportunity for market players in the global market for nutraceutical packaging. The integration of digital elements including AR, QR codes, near-field communication, and smart labels not only improves the packaging experience but also offers effective information to customers. Through digital integration, nutraceutical packaging firms can carry all-inclusive product details, nutritional facts, dosage instructions, and interactive content via digital channels. This enables customers to make well-informed choices about their buying decisions, fostering transparency and propelling the credibility of the brand. The real-time tracking of good authenticity and confirming consumer safety are facilitated through digital integration in nutraceutical packaging. This not only delivers a seamless, informative, and interactive experience for customers but also creates valuable marketing and communication opportunities for companies. Such integrations drive trust, enhance customer satisfaction, and establish brand differentiation in the competitive industry of nutraceutical packaging. 

In addition, different market trends are propelling a transformation in the nutraceutical packaging industry. The growing health awareness among customers has generated an increased demand for organic and natural supplements, encouraging the innovation of packaging solutions personalized to the precise requirements of the nutraceutical and supplement market. A key industry trend is the shift towards sustainable packaging materials, aiming at environmentally conscious customers. In addition, the market is experiencing rising interest in single-serve packaging and customized packaging options. Also, the global nutraceutical packaging market witnessed growth, driven by the increasing need for food with added health benefits of nutraceutical products and increased global expenditure on fitness. This trend is propelled by increased customer awareness concerning health, cognitive well-being, and weight management. In addition, e-commerce and online shopping growth has been boosted due to a rise in the requirement for preventive packaging solutions to safeguard products throughout shipment and transportation.

Meanwhile, cost plays an important role in affecting the nutraceutical packaging market growth. Creating and implementing innovative packaging solutions personalized to the precise demands of nutraceutical products can incur higher costs compared to conventional choices. In addition, opting for sustainable and environmentally friendly materials, though desirable, often involves higher expenses. The evolution of packaging technologies and customization options requires investments in equipment, skilled labor, and machinery. The cost sensitivity within nutraceutical companies, coupled with the demand for competitive pricing, might restrict the widespread implementation of precise packaging solutions. Increasing a balance between cost, functionality, quality, and sustainability predicts a restraint for nutraceutical packaging manufacturers.

Although, the nutraceutical packaging industry introduces new opportunities for coming companies in the global market. Due to a growing demand for environmentally friendly packaging options, there is a rise in need for advanced and cost-effective solutions. Organizations in the global market for nutraceutical packaging introducing new packaging materials that not only offer protection and conservation but also provide sustainability. Moreover, discovering personalized packaging choices and capitalizing on the growing prevalence of eCommerce sales channels can be instrumental in developing personalized packaging solutions personalized to customer requirements. Furthermore, allocating resources to research and development for innovative packaging formats such as sachets, pouches, and single-serve packaging companies addresses the rising demands of the supplement and nutraceutical packaging market.

The increase in global health awareness has propelled nutraceutical packaging, as these products are now touching a wider and greater demographic. The innovations and new product development in the packaging industry and the rising sustainability trends have driven the nutraceutical packaging market growth in the forecast period. With growing customer awareness and stress on environmental sustainability, there is an increase in demand for greener alternatives in packaging products. Nutraceutical organizations are implementing eco-friendly solutions, to decrease their carbon footprint coupled with associating themselves with the preferences and values of environmentally aware consumers. Integrating sustainable packaging materials including compostable, recyclable, or biodegradable choices can decrease environmental impact and lead to an economy effectively. Furthermore, implementing sustainable packaging solutions boosts brand reputation and sets products apart in a competitive market. A rise in the consumer base has led to an increase in adopting products that match sustainable lifestyles. The choice of sustainable packaging solutions not only represents a dedication to environmental responsibility but can also result in real-time cost savings. Nutraceutical organizations accomplish this by decreasing dependency on non-renewable resources, optimizing packaging designs for effectiveness, and thereby decreasing material waste and transportation costs. Overall, adopting sustainable or eco-friendly packaging solutions not only tackles environmental problems but also delivers a strategic edge by appealing to eco-awareness customers, enhancing brand image, and potentially cutting costs for nutraceutical companies.

Jars and canisters are predicted to be the fastest-growing segment by packaging type in the global nutraceutical packaging market

Jars and Canisters are important in the nutraceutical packaging sector because they provide convenience facilitate easy admittance and boast substantial storage capacity. Their adaptability makes them well-suited for granules, powders, and larger supplements, solidifying their substantial market presence.

Functional beverages are predicted to hold the largest CAGR globally by product type

The segment growth is attributed to a rise in consumer inclination toward beverages providing health benefits beyond hydration has driven the requirement. The prevalence of functional beverages, including fortified waters, probiotic beverages, and energy drinks due to their precise functionalities and ease along with the transportability of ready-to-drink functional beverages make them a preferred choice for health-conscious consumers. The increased demand for these beverages has led to a rise in the need for specialized packaging, guaranteeing product freshness, distinctive branding, and shelf stability. This has raised the importance of this product category in the nutraceutical packaging market.

Probiotics and prebiotics are expected to exhibit the largest growth in the forecast period in the global market

The probiotics and Prebiotics segment is predicted to grow steadily due to growing awareness of gut health and the advantages of incorporating these beneficial microorganisms have driven their popularity. These ingredients are broadly used in different functional foods and dietary supplements, fostering increased demand. Specialized packaging becomes essential to preserve the sustainability and effectiveness of these delicate ingredients, strengthening their noteworthy existence in the nutraceutical packaging industry.

Asia Pacific is projected to register the highest revenue market share

The Asia Pacific nutraceutical packaging growth is attributed to a rising disposable income, increased health awareness, and an expansion of middle-class population coupled with shifts in lifestyles. The growth is further driven by innovations in packaging solutions and technologies, and increased spending in the nutraceutical industry in the Asia Pacific region.

Key Developments

• • In 2022, Amcor PLC established a new manufacturing facility in Huizhou, China to address the growing demand of consumers.
  • In 2022, Berry Global Inc. announced the launch of SuperLock pot to offer durable protection to nutritional goods.
  • In 2022, Berry Global Inc. joined hands with Printpack to begin production of conserved PE PCR recyclable PE pouches for nutraceutical items.

Top Market Players

Various notable players operating in the market include Glenroy, Inc., Berry Global Inc., MOD-PAC Corporation, MJS Packaging, JohnsByrne Company, Amcor PLC – Australia, Birchwood Contract Manufacturing, Amgraph Packaging, Inc., Syntegon Packaging Technology GmbH – Germany, Comar Packaging Solutions AG among others.

Segments covered in the Report:

The Global Nutraceutical Packaging Market has been segmented on the basis of Packaging Type, Product Type, Product Form, Material and Ingredient. Based on the Packaging Type, the market is segmented into Blisters & Strips, Bottles, Jars & Canisters, Bags & Pouches, Stick Packs, Boxes & Cartons, Caps & Closures, Others. Based on the Product Type, the market is segmented into Dietary Supplements, Functional Foods, Functional Beverages, Others. Based on the Product Form, the market is segmented into Tablets & Capsules, Powder & Granules, Liquid, Solid & Soft Gel. Based on the Material, the market is segmented into Metal, Glass, Paper & Paperboard, Plastic, Others. Based on the Ingredient, the market is segmented into Vitamins, Minerals, Probiotics & Prebiotics, Amino Acids, Omega 3 Fatty Acids, Others.

Report Coverage	Details
Market Revenues (2023)	USD 3.6 billion
Market Base Year	2023
Market Forecast Period	2024-2031
Base Year & Forecast Units	Revenues (USD Billion)
Market Segment	By Packaging Type, By Product Type, By Product Form, By Material, By Ingredient, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Glenroy, Inc., Berry Global Inc., MOD-PAC Corporation, MJS Packaging, JohnsByrne Company, Amcor PLC – Australia, Amgraph Packaging, Inc., Birchwood Contract Manufacturing, Syntegon Packaging Technology GmbH – Germany, Comar Packaging Solutions., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Nutraceutical Packaging Market by Packaging Type

• • Blisters & Strips
  • Bottles
  • Jars & Canisters
  • Bags & Pouches
  • Stick Packs
  • Boxes & Cartons
  • Caps & Closures
  • Others

Global Nutraceutical Packaging Market by Product Type

• • Dietary Supplements
  • Functional Foods
  • Functional Beverages
  • Others

Global Nutraceutical Packaging Market by Product Form

• • Tablets & Capsules
  • Powder & Granules
  • Liquid
  • Solid & Soft Gel

Global Nutraceutical Packaging Market by Material

• • Metal
  • Glass
  • Paper & Paperboard
  • Plastic
  • Others

Global Nutraceutical Packaging Market by Ingredient

• • Vitamins
  • Minerals
  • Probiotics & Prebiotics
  • Amino Acids
  • Omega 3 Fatty Acids
  • Others

Global Nutraceutical Packaging Market by Region  

• • Nutraceutical Packaging Market (Option 1: As a part of the free 25% customization)

o    By Packaging Type

o    By Product Type

o    By Product Form

o    By Material

o    By Ingredient

o    US Market All-Up

o    Canada Market All-Up

·         Europe Nutraceutical Packaging Market (Option 2: As a part of the free 25% customization)

o    By Packaging Type

o    By Product Type

o    By Product Form

o    By Material

o    By Ingredient

o    UK Market All-Up

o    Germany Market All-Up

o    France Market All-Up

o    Spain Market All-Up

o    Rest of Europe Market All-Up

·         Asia-Pacific Nutraceutical Packaging Market (Option 3: As a part of the free 25% customization)

o    By Packaging Type

o    By Product Type

o    By Product Form

o    By Material

o    By Ingredient

o    China Market All-Up

o    India Market All-Up

o    Japan Market All-Up

o    Rest of APAC Market All-Up

·         RoW Nutraceutical Packaging Market (Option 4: As a part of the free 25% customization)

o    By Packaging Type

o    By Product Type

o    By Product Form

o    By Material

o    By Ingredient

o    Brazil Market All-Up

o    South Africa Market All-Up

o    Saudi Arabia Market All-Up

o    UAE Market All-Up

o    Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Nutraceutical Packaging Leading Market Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Glenroy, Inc.
  • Berry Global Inc.
  • MOD-PAC Corporation
  • MJS Packaging
  • JohnsByrne Company
  • Amcor PLC – Australia
  • Amgraph Packaging, Inc.
  • Birchwood Contract Manufacturing
  • Syntegon Packaging Technology GmbH – Germany
  • Comar Packaging Solutions