Nutraceutical Packaging Market worth $4.2 billion by 2028 | Key players Glenroy, Inc. (US), Berry Global Inc. (US), MOD-PAC Corporation (US), MJS Packaging (US), JohnsByrne Company (US).

According to recent market research the "Nutraceutical Packaging Market by Packaging Type (Blisters & Strips, Bottles, Jars & Canisters, Bags & Pouches, Stick Packs, Boxes & Cartons), Product (Dietary Supplements, Functional Foods), Form, Ingredient & Region - Global Forecast to 2028", is projected to reach USD 4.2 billion by 2028, at a CAGR of 4.7% from USD 3.4 billion in 2023. The major drivers for the piezoelectric ceramics market are growing demand for nutraceutical products, increasing demand from personal care and food and beverage end-use industry, and high demand for sustainable packaging initiatives. Regulatory compliance and stringent standards are the major restraint in this market. Opportunities for the market include incorporating digital integration technologies in the packaging of nutraceutical products.

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Blisters & Strips is the second largest packaging segment in the nutraceutical packaging market. Blister packaging offers excellent product protection, ensuring the integrity and safety of nutraceutical products. It provides a barrier against moisture, light, and oxygen, thereby extending the shelf life of the products. Moreover, blister packs offer convenience in terms of unit dosage, making it easy for consumers to manage their intake. Additionally, blister packaging allows for effective branding and product differentiation, enhancing the visual appeal of nutraceutical products on store shelves. These factors have contributed to the dominance of blister and strip packaging in the nutraceutical packaging market.

Tablets & Capsules is the largest product form segment in the nutraceutical packaging market. Tablets and capsules are a popular choice among consumers due to their convenience and ease of consumption. They offer precise dosage, making it convenient for individuals to manage their supplement intake. Tablets and capsules also require protective packaging to maintain their integrity, ensuring product stability and longevity. Additionally, the widespread availability of nutraceutical products in tablet and capsule form, including vitamins, minerals, and herbal supplements, has contributed to the dominance of this product form in the nutraceutical packaging market.

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North America is the largest region in the nutraceutical packaging market in 2022. The region has a robust and mature nutraceutical industry, with a high demand for health and wellness products. Secondly, North America has a large population actively seeking dietary supplements and functional foods, driving the need for specialized packaging solutions. Additionally, the region has well-established regulations and standards for packaging safety and labeling, ensuring product integrity and consumer trust. The presence of major nutraceutical companies and technological advancements further contribute to region's dominance in the nutraceutical packaging market.

New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the nutraceutical packaging market include 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), and Comar Packaging Solutions (US).

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Glenroy, Inc. is a renowned packaging company that specializes in providing innovative solutions for the nutraceutical packaging industry. Its expertise lies in creating packaging that not only ensures product integrity and safety but also enhances brand visibility and consumer appeal. The company offers a wide range of nutraceutical packaging products such as consumer-friendly stand-up pouches, stick packs, and single-use pouches for various applications including liquid supplements, protein drink mixes, dissolvable strips, effervescent tablets & powders, and functional beverage mixes & foods. It serves its products in food & beverage, pharmaceutical & medical, pet food & treat packaging, nutrition & nutraceuticals, household products & chemicals, oil & lubricants, and personal care & cosmetics markets. Its nutraceutical packaging solutions are designed to protect sensitive products from moisture, oxygen, and UV light, while also incorporating features like resealability and child-resistant closures.

Berry Global Inc. formerly known as Berry Plastics Group Inc. is a key manufacturer of nutraceutical packaging products. It is a global leader in providing packaging and protection solutions. The company offers a wide range of products including apparel, applicators, bags & bulk bags, caps & closures, containers, tubs & pots, canisters & jerrycans, and others for various end-use industries such as food & beverage, healthcare, agriculture & horticulture, beauty & personal care, and building & construction, among others. The company operates in four reportable business segments namely consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene & specialties. It provides nutraceutical packaging products in consumer packaging international business segments. The company utilizes high-density polyethylene (HDPE) and polyethylene high-density (PEHD) raw materials in the production of bottles used in nutraceutical packaging.

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