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Global Supplement Packaging Market is estimated to be US$ 34.61 billion by 2030 with a CAGR of 4.50% during the forecast period

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Global Supplement Packaging Market is estimated to be US$ 34.61 billion by 2030 with a CAGR of 4.50% during the forecast period

Global Supplement Packaging Market accounted for US$ 22.43 billion in 2020 and is estimated to be US$ 34.61 billion by 2030 and is anticipated to register a CAGR of 4.50%. Feed Supplements are used to boost the nutritional value of a regular diet. Nutrients are also an important part of the diet. The availability of information about components and their nutritional worth is critical for supplement and nutritional product buyers. Feed supplement packaging plays a vital part in transmitting this information to consumers, so it's crucial to include information about the materials present in the supplement on the container, such as their nutritional worth. Additionally, compositions to direct their eating plan as advised by nutritionists or specialists. As a result, the market for feed supplement packaging has exploded in recent years.

The report " Global Supplement Packaging Market, By Product Type (Oblong Bottles, Stress-style Packers, Indented Label Packers, Apothecary Packers, Bags, Pouches, and Canisters), By End-User (Adults, Geriatric, Pregnant Women, and Children and Infants), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029’’

Key Highlights:

  • Gerresheimer AG launched a new plant in China in December 2019 for the production of pharmaceutical primary plastic packaging.
  • Graham Packaging, a leader in the design and manufacture of innovative and sustainable packaging solutions, was honoured by the Business Intelligence Group with the 2019 Sustainability Award in the area of sustainability leadership (Organization) in August 2019.

Analyst View:

The market is predicted to develop due to rising consumer awareness about nutrition, health & wellness, and increased uptake of immunity-boosting supplements as a result of the COVID-19 outbreak. Supplements and nutrition packaging can be used in both in-house and contract manufacturing. The market's expansion has also been fueled by contract manufacturing demand.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Supplement Packaging Market, By Product Type (Oblong Bottles, Stress-style Packers, Indented Label Packers, Apothecary Packers, Bags, Pouches, and Canisters), By End-User (Adults, Geriatric, Pregnant Women, and Children and Infants), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”

To know the upcoming trends and insights prevalent in this market, click the link below:

https://www.prophecymarketinsights.com/market_insight/Global-Supplement-Packaging-Market-By-2434


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Prophecy Market Insights

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