South Africa Supplements And Nutrition Packaging Market Size & Outlook
South Africa supplements and nutrition packaging market, 2018-2028 (US$M)
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South Africa supplements and nutrition packaging market highlights
- The South Africa supplements and nutrition packaging market generated a revenue of USD 172.1 million in 2023 and is expected to reach USD 213.1 million by 2028.
- The South Africa market is expected to grow at a CAGR of 4.4% from 2024 to 2028.
- In terms of segment, primary packaging was the largest revenue generating type in 2023.
- Secondary & Tertiary Packaging is the most lucrative type segment registering the fastest growth during the forecast period.
Supplements and nutrition packaging market data book summary
| Market revenue in 2023 | USD 172.1 million |
| Market revenue in 2028 | USD 213.1 million |
| Growth rate | 4.4% (CAGR from 2023 to 2028) |
| Largest segment | Primary packaging |
| Fastest growing segment | Secondary & Tertiary Packaging |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.4% of the global supplements and nutrition packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa supplements and nutrition packaging market is projected to lead the regional market in terms of revenue in 2028.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 69.2 million by 2028.
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Supplements And Nutrition Packaging Market Scope
Supplements And Nutrition Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa supplements and nutrition packaging market outlook
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 61.01% in 2023. Horizon Databook has segmented the South Africa 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 sales of the dietary supplement products have registered 13% growth each year. However, the manufacturing of these products in the country is expected to pose restraints on the supplements & nutrition packaging market.
Restrains include registration, evaluation by Medicines Control Council (MCC) along with its compliance. This was implemented in late 2013, under amendments to the 1965 Medicines & Related Substances Act.
The legislation demands substantiation on the claims of supplement & nutrition product health benefits. This regulation on the products by the government is expected to remain as a restrain for new supplement & nutrition manufacturers, thereby affecting its packaging market negatively.
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Our clientele includes a mix of supplements and nutrition packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa supplements and nutrition packaging market , including forecasts for subscribers. This country databook contains high-level insights into South Africa supplements and nutrition packaging market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa supplements and nutrition packaging market size, by type, 2018-2028 (US$M)
South Africa Supplements And Nutrition Packaging Market Outlook Share, 2023 & 2028 (US$M)
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