The global supplements and nutrition packaging market size is expected to surpass USD 40.54 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% from 2024 to 2030. The rising demand for immunity-boosting supplements due to the COVID-19 outbreak, ease in access to supplements, increasing disposable income, and consumer awareness regarding nutrition, health, and wellness. However, the presence of counterfeit products is hampering the market of supplements which in turn decline the demand for packaging.
The COVID-19 pandemic started in December 2019 in Wuhan, China, and it subsequently spread at global levels. It led to 4 million deaths as of June 2020. People with low immunity, especially, the geriatric demography, along with others suffering from medical conditions such as diabetes, heart disease, asthma, and cancer are highly vulnerable to complications arising due to the COVID-19 infection. Thus, consumers are increasingly consuming supplements rich in omega-3 and omega-6 fatty acids Vitamin D, Zinc, and vitamin C to boost their immunity levels. This has further resulted in a surge in demand for such supplements, which, in turn, is benefitting the manufacturers of supplements and nutrition packaging.
Further, the accessibility of dietary and nutritional supplements is increasing due to the emergence of e-commerce. Although it is difficult to buy dietary and nutrition supplements online due to a lack of product knowledge and suitability concerns, sales of these products have continued to increase. Some of the key players in this market are striving hard to educate consumers, in order to improve the online shopping experience. Thus, accessibility to these products is increasing through online retail. Thus, driving the demand for packaging.
According to the data published by The Italian Medicines Agency, over the past 5 years, 27 known counterfeit medicines cases were reported in the legitimate supply chain, whereas 170 cases were reported in the illegitimate supply chain among the EU member states. In Europe, drug ingredients used in dietary supplements are a major concern. The European Directorate for the Quality of Medicines lab networks tested 370 dietary supplements that were labeled as herbal products, but nearly 47% contained non-declared active pharmaceutical ingredients. These factors are expected to negatively impact market growth. The lack of sufficient regulations for product approvals is another key factor restricting the demand for packaging.
Request a free sample copy or view report summary: Supplements And Nutrition Packaging Market Report
Plastic segment accounted for the largest revenue share of 74% in 2023. Various plastic resins, including HDPE, PET, and PP, are commonly used to make packaging bottles, jars, sachets, pouches, and blister packs for supplements. Properties such as lightness, chemical inertness, and ease of molding along with low cost and wide availability of plastic materials are the key factors contributing to their high adoption for the manufacturing of supplements & nutrition packaging products
The supplements and nutrition packaging market of Asia Pacific dominated the global market and accounted for the largest revenue share of over 33.0% in 2023. The presence of highly populated countries, such as China and India, with growing urbanization and spending power of the population, is attributed to driving the market in the region
The global supplements and nutrition packaging market is moderately fragmented, with the presence of a large number of small-sized and medium-sized companies. The market participants are primarily offering rigid packaging solutions, such as plastic and glass bottles, as well as flexible packaging solutions such as stand-up pouches, sachets, and others
Grand View Research has segmented the global supplements and nutrition packaging market report based on material, product, formulation, and region:
Supplements And Nutrition Packaging Material Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)
Plastic
PET
HDPE
PP
Others
Paper & Paperboard
Glass
Metals
Supplements And Nutrition Packaging Product Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)
Bottles & Jars
Tins & Cans
Pouches
Sachets
Blisters
Other Products
Supplements And Nutrition Packaging Formulation Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)
Tablets
Capsules & Pills
Powder
Soft Gel
Liquid
Supplements And Nutrition Packaging Regional Outlook (Volume, Million Units; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
India
Japan
South Korea
Australia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
UAE
South Africa
List of Key Players in the Supplements And Nutrition Packaging Market
Glenroy, Inc.
Alpha Packaging
Comar, LLC
Graham Packaging Company
Gerresheimer AG
ePac Holdings, LLC
Law Print & Packaging Management Ltd.
MPS (Molded Packaging Solutions)
OPM Labels
Container and Packaging Supply, Inc.
PRETIUM PACKAGING
Eagle Flexible Packaging
TRL Packaging
Uniflex
Altium Packaging
"The quality of research they have done for us has been excellent..."