Market revenue in 2023 | USD 4,478.2 million |
Market revenue in 2028 | USD 5,537.4 million |
Growth rate | 4.3% (CAGR from 2023 to 2028) |
Largest segment | Primary packaging |
Fastest growing segment | Secondary & Tertiary Packaging |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Primary Packaging, Secondary & Tertiary Packaging |
Key market players worldwide | Gerresheimer AG ADR, Enerpac Tool Group Corp Class A, Graham Packaging, Glenroy, Inc., Alpha Packaging, Comar, Law Print & Packaging Management, Mold Tek Packaging, OPM Corporation, Container and Packaging |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to supplements and nutrition packaging market will help companies and investors design strategic landscapes.
Primary packaging was the largest segment with a revenue share of 63.34% in 2023. Horizon Databook has segmented the Europe supplements and nutrition packaging market based on primary packaging, secondary & tertiary packaging covering the revenue growth of each sub-segment from 2018 to 2028.
The market is likely to retain its lower position in the market until 2028 owing to the stringent regulations on the production, quality, and labeling of food supplements by Food Supplements Europe (FSE). One of such regulatory directives includes Directive 2002/46/EC.
The directive has set the information that should be printed on the packaging including the recommended dosage and names of the nutrients. This directive is aimed to protect consumers from health risks.
Furthermore, FSE is expected to impose a new legislation aiming to improve quality control of the supplement products. Presence of a lesser number of supplement and nutrition manufacturers as compared with other regions restrain the market in the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe supplements and nutrition packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Europe supplements and nutrition packaging market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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