Nutraceutical Packaging Market Scope
Nutraceutical Bundling is used to pack the food, such as dietary supplements, herbal items, isolated supplements, genetically designed nourishment, and prepared food things to prevent defilement. Buyers are choosing plastic packaging, such as canisters, bottles, and jugs for dietary supplements, though glass bottles are primarily used for the packaging of fluids, capsules, tablets, and powders.
The Nutraceutical Packaging market study is segmented, by Application (Functional Food, Functional Beverages, Minerals & Vitamin Capsules, Protein Powder, Herbs and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, and new collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Nutraceutical Packaging market throughout the predicted period.
Hughes Enterprises (United States), JohnsByrne Company (United States), NuEra Nutraceuticals Inc. (Canada), Birchwood Contract Manufacturing (United States), Maco Bag Corporation (United States), MOD-PAC Corp. (United States), MJS PACKAGING (United States), Glenroy, Inc. (United States), AMGRAPH Packaging, Inc. (United States) and PolyOne Corporation (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Nutraceutical Packaging market by Type, Application and Region.
On the basis of geography, the market of Nutraceutical Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In June 2021, Mondi expanded its range of plastic-free e-commerce packaging with MailerBAG. This dispatch will help the company to widen its product portfolio and to attract more customers.
Market Trend
- increase in Consumption of Nutritional Supplements by Young Consumers.
Market Drivers
- Increasing Consumption of Dietary Supplements
- Sports Nutrition is Gaining Traction Among Youngsters
Opportunities
- Adoption of Innovative Packaging Solutions
Restraints
- High Cost of Nutraceutical Packaging Product
Challenges
- Covid-19 Impact on Supply Chain Disruption
- Fluctuating Raw Material Cost
Key Target Audience
Manufacturer, Supplier and Distributor, Regulatory bodies, including government agencies and NGO, Raw Material Supplier, Commercial research and development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade associations and industry bodies and End-use industries