Protein Packaging Market Trends and Forecast
The future of the global protein packaging market looks promising with opportunities in the nutrient and dietary supplement markets. The global protein packaging market is expected to reach an estimated $27.4 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are increasing consumption of protein-rich foods & supplements worldwide, growing adoption of healthy lifestyles & fitness routines, and rising demand for convenient and on-the-go protein packaging formats.
• Lucintel forecasts that flexible packaging is expected to witness the higher growth over the forecast period.
• Within this market, nutrient is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States: Tyson Foods announced plans to introduce sustainable protein packaging solutions, aligning with the governmentÄX%$%Xs push for eco-friendly practices in the food industry.
China: Yili Group launched innovative protein packaging designs, aiming to capture a larger market share and comply with government standards for packaging sustainability.
Germany: Packaging manufacturer SIG Combibloc introduced advanced protein packaging technology to meet consumer demand for convenient and eco-friendly packaging options, supported by government incentives for sustainable practices in the food sector.
Brazil: JBS S.A. set targets to improve protein packaging efficiency and reduce waste, in line with government initiatives promoting sustainable packaging solutions in the food and beverage industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Protein Packaging by Segment
The study includes a forecast for the global protein packaging by type, application, and region.
Protein Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Flexible Packaging
• Rigid Packaging
Protein Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Nutrients
• Dietary Supplements
• Others
Protein Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Protein Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies protein packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the protein packaging companies profiled in this report include-
• Swiss Pac
• Flexifoil Packaging
• DuPont
• Amcor
• PBFY
• Law Print Pack
• Coveris
Recent Development in the Protein Packaging Market
Tyson Foods: Tyson Foods has announced a significant initiative to introduce sustainable protein packaging solutions. The company aims to reduce its environmental footprint by incorporating eco-friendly materials and optimizing packaging designs to minimize waste. This initiative reflects TysonÄX%$%Xs commitment to sustainability and aligns with global trends towards greener packaging practices in the protein industry.
Yili Group: Yili Group, a leading dairy company in China, has launched innovative protein packaging designs. These designs focus on enhancing product appeal, convenience, and sustainability, catering to evolving consumer preferences. YiliÄX%$%Xs initiative aims to strengthen its market position and comply with government regulations promoting eco-friendly packaging solutions in the food and beverage sector.
SIG Combibloc: Packaging manufacturer SIG Combibloc has introduced advanced protein packaging technology designed to meet consumer demand for convenience and sustainability. The companyÄX%$%Xs innovative packaging solutions prioritize recyclability and eco-friendly materials, aligning with industry efforts to reduce environmental impact. SIG CombiblocÄX%$%Xs initiative reflects a broader trend towards sustainable packaging practices in the protein market.
JBS S.A.: JBS S.A., a major player in the protein industry based in Brazil, has set targets to improve protein packaging efficiency and reduce waste. The companyÄX%$%Xs focus on optimizing packaging processes and materials underscores its commitment to environmental sustainability. JBS S.A.ÄX%$%Xs initiative aligns with government initiatives promoting sustainable packaging practices, driving industry-wide efforts to minimize environmental impact.
Features of the Global Protein Packaging Market
Market Size Estimates: Protein packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Protein packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Protein packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the protein packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the protein packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the protein packaging market size?
Answer: The global protein packaging market is expected to reach an estimated $27.4 billion by 2030.
Q2. What is the growth forecast for protein packaging market?
Answer: The global protein packaging market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the protein packaging market?
Answer: The major drivers for this market are increasing consumption of protein-rich foods & supplements worldwide, growing adoption of healthy lifestyles & fitness routines, and rising demand for convenient and on-the-go protein packaging formats.
Q4. What are the major segments for protein packaging market?
Answer: The future of the protein packaging market looks promising with opportunities in the nutrient and dietary supplement markets.
Q5. Who are the key protein packaging market companies?
Answer: Some of the key protein packaging companies are as follows:
• Swiss Pac
• Flexifoil Packaging
• DuPont
• Amcor
• PBFY
• Law Print Pack
• Coveris
Q6. Which protein packaging market segment will be the largest in future?
Answer: Lucintel forecasts that flexible packaging is expected to witness the higher growth over the forecast period.
Q7. In protein packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the protein packaging market by type (flexible packaging and rigid packaging), application (nutrients, dietary supplements, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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