The global Supplements & Nutrition Packaging Market size is expected to reach USD 28.1 billion by 2025, expanding at a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing focus on branding among nutrition supplement players, rising number of contract packaging services, and increasing awareness related to labelling are key factors driving the market.
Moreover, recent advancements in designs are expected to boost market growth. Recent advancements in packaging include smart packaging, non-destructive inspection methods, printing techniques, software systems and interfaces, automation architecture, and application of robotics and types of machinery. These techniques are focused on protecting brand image against counterfeiting activities. These techniques include unique fingerprint, anti-diversion codes, hologram-enabled authentication, and invisible inks.
Growing prevalence of chronic and lifestyle-related diseases is anticipated to increase demand for nutrition supplements among patients, which would in turn propel demand for various packing solutions. According to data published by the National Center for Biotechnology Information (NCBI) in 2015, about 46 million Indian women suffer from osteoporosis and the number is expected to increase during the assessment period.
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Further key findings from the report suggest:
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Grand View Research has segmented the global supplements & nutrition packaging market on the basis of type, material, formulation, and region:
Supplements and Nutrition Packaging Type Outlook (Revenue, USD Million, 2014 – 2025)
Supplements and Nutrition Packaging Material Outlook (Revenue, USD Million, 2014 – 2025)
Supplements and Nutrition Packaging Formulation Outlook (Revenue, USD Million, 2014 – 2025)
Supplements and Nutrition Packaging Regional Outlook (Revenue, USD Million, 2014 – 2025)
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Nutritional Supplements Market: https://www.grandviewresearch.com/industry-analysis/nutritional-supplements-market
Sports Nutrition Market: https://www.grandviewresearch.com/industry-analysis/sports-nutrition-market
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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