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Global Nutraceutical Packaging Market to reach USD XX billion by the end of 2030

Global Nutraceutical Packaging Market Size study & Forecast, by Material (Plastic, Glass, Metal, Paper and Paperboard), by Packaging Type (Bottles, Cans & Jars, Bags & Pouches, Others), by Distribution Channel (Specialty Stores, Supermarkets & Hypermarkets, Drug Stores & Pharmacies, Online Retail Stores, Others) and Regional Analysis, 2023-2030

Product Code: CMP-55158011
Publish Date: 15-11-2023
Page: 200

Global Nutraceutical Packaging Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Nutraceutical packaging is a specialized packaging used for products in the nutraceutical industry. Nutraceuticals are products that combine elements of both nutrition and pharmaceuticals, often taken as dietary supplements to provide health benefits beyond basic nutrition. Nutraceutical packaging plays a crucial role in preserving the integrity, safety, and effectiveness of these products. The key factors driving the market growth are the rising demand for nutraceutical products, growing awareness for health and wellness, growing E-commerce, and high demand for sustainable packaging that anticipated to support the market growth during the forecast period 2023-2030.

Moreover, the rising demand for nutraceutical products is anticipated to create a lucrative demand for the market during the projected period. According to Statista, in 2017, the nutraceuticals market was valued at USD 383.06 billion and it is anticipated to reach USD 561.38 billion by 2030. As a result, the rising nutraceutical products demand is anticipated to support the market growth. Additionally, rising acceptance of eco-friendly packaging solutions and advances in packaging technologies are anticipated to create a lucrative opportunities for the market during the projected period. However, the higher costs compared to conventional packaging stifled market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Nutraceutical Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to rising health awareness, growing wellness and dietary trends, and presence of key market players. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as changing lifestyles & dietary patterns and growing awareness about nutrition, increasing consumption of functional foods, and growing E-commerce industry in the region.

Major market player included in this report are:
Glenroy, Inc. (US)
Berry Global Inc. (US)
MOD-PAC Corporation (US)
MJS Packaging (US)
JohnsByrne Company (US)
Amcor PLC (Australia)
Amgraph Packaging, Inc.
Birchwood Contract Manufacturing (US)
Syntegon Packaging Technology GmbH (Germany)
Comar Packaging Solutions (US)

Recent Developments in the Market:
Ø In April 2021, Glenroy, Inc. has unveiled their comprehensive Glenroy Sustainable Packaging Portfolio, catering to a wide range of industries, including nutraceuticals, food, pharmaceuticals, personal care, pet food and treats, as well as household products.

Global Nutraceutical Packaging Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Material, Packaging Type, Distribution Channel, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Material:
Paper and Paperboard

By Packaging Type:
Cans & Jars
Bags & Pouches

By Distribution Channel:
Specialty Stores
Supermarkets & Hypermarkets
Drug Stores & Pharmacies
Online Retail Stores

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Nutraceutical Packaging Market, by Region, 2020-2030 (USD Billion)
1.2.2. Nutraceutical Packaging Market, by Material, 2020-2030 (USD Billion)
1.2.3. Nutraceutical Packaging Market, by Packaging Type, 2020-2030 (USD Billion)
1.2.4. Nutraceutical Packaging Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Nutraceutical Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Nutraceutical Packaging Market Dynamics
3.1. Nutraceutical Packaging Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rising demand for nutraceutical products Growing awareness for health and wellness High demand for sustainable packaging
3.1.2. Market Challenges Higher costs compared to conventional packaging
3.1.3. Market Opportunities Rising acceptance of eco-friendly packaging solutions Advances in packaging technologies
Chapter 4. Global Nutraceutical Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Nutraceutical Packaging Market, by Material
5.1. Market Snapshot
5.2. Global Nutraceutical Packaging Market by Material, Performance – Potential Analysis
5.3. Global Nutraceutical Packaging Market Estimates & Forecasts by Material 2020-2030 (USD Billion)
5.4. Nutraceutical Packaging Market, Sub Segment Analysis
5.4.1. Plastic
5.4.2. Glass
5.4.3. Metal
5.4.4. Paper and Paperboard
Chapter 6. Global Nutraceutical Packaging Market, by Packaging Type
6.1. Market Snapshot
6.2. Global Nutraceutical Packaging Market by Packaging Type, Performance – Potential Analysis
6.3. Global Nutraceutical Packaging Market Estimates & Forecasts by Packaging Type 2020-2030 (USD Billion)
6.4. Nutraceutical Packaging Market, Sub Segment Analysis
6.4.1. Bottles
6.4.2. Cans & Jars
6.4.3. Bags & Pouches
6.4.4. Others
Chapter 7. Global Nutraceutical Packaging Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Nutraceutical Packaging Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Nutraceutical Packaging Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
7.4. Nutraceutical Packaging Market, Sub Segment Analysis
7.4.1. Specialty Stores
7.4.2. Supermarkets & Hypermarkets
7.4.3. Drug Stores & Pharmacies
7.4.4. Online Retail Stores
7.4.5. Others
Chapter 8. Global Nutraceutical Packaging Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Nutraceutical Packaging Market, Regional Market Snapshot
8.4. North America Nutraceutical Packaging Market
8.4.1. U.S. Nutraceutical Packaging Market Material breakdown estimates & forecasts, 2020-2030 Packaging Type breakdown estimates & forecasts, 2020-2030 Distribution Channel breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Nutraceutical Packaging Market
8.5. Europe Nutraceutical Packaging Market Snapshot
8.5.1. U.K. Nutraceutical Packaging Market
8.5.2. Germany Nutraceutical Packaging Market
8.5.3. France Nutraceutical Packaging Market
8.5.4. Spain Nutraceutical Packaging Market
8.5.5. Italy Nutraceutical Packaging Market
8.5.6. Rest of Europe Nutraceutical Packaging Market
8.6. Asia-Pacific Nutraceutical Packaging Market Snapshot
8.6.1. China Nutraceutical Packaging Market
8.6.2. India Nutraceutical Packaging Market
8.6.3. Japan Nutraceutical Packaging Market
8.6.4. Australia Nutraceutical Packaging Market
8.6.5. South Korea Nutraceutical Packaging Market
8.6.6. Rest of Asia Pacific Nutraceutical Packaging Market
8.7. Latin America Nutraceutical Packaging Market Snapshot
8.7.1. Brazil Nutraceutical Packaging Market
8.7.2. Mexico Nutraceutical Packaging Market
8.8. Middle East & Africa Nutraceutical Packaging Market
8.8.1. Saudi Arabia Nutraceutical Packaging Market
8.8.2. South Africa Nutraceutical Packaging Market
8.8.3. Rest of Middle East & Africa Nutraceutical Packaging Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Glenroy, Inc. (US) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Berry Global Inc. (US)
9.3.3. MOD-PAC Corporation (US)
9.3.4. MJS Packaging (US)
9.3.5. JohnsByrne Company (US)
9.3.6. Amcor PLC (Australia)
9.3.7. Amgraph Packaging, Inc.
9.3.8. Birchwood Contract Manufacturing (US)
9.3.9. Syntegon Packaging Technology GmbH (Germany)
9.3.10. Comar Packaging Solutions (US).
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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