Global Protein Packaging Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Protein Packaging Market 2021 (Includes Business Impact of COVID-19)
Global Protein Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global organic beverage market report has been segmented on the basis of raw material, packaging type, product type, and region.
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Global Protein Packaging Market: Introduction 


Protein packages are material used in packaging of dietary supplements and nutraceuticals. These packaging material are manufactured according to the product enclosed in it.


Global Protein Packaging Market: Dynamics 


Growing demand for dietary supplements in developed countries owing to growing awareness towards weight management is projected to augment the growth of the global protein packaging market. Extensive brand campaigns by various nutritional supplements manufacturers is expected to be a major factor driving the growth of the global market. Increasing demand for supplements to enhance the intake of proteins in the body is anticipated to drive the growth of the global market. Furthermore, rising awareness among individuals regarding benefits related to consumption of nutraceutical products is expected to drive the growth of the market.

However, high cost of protein supplements coupled with rising environmental concerns over the materials used for packaging are some of the factors expected to affect the growth of the protein packaging market.


Global Protein Packaging Market: Segment Analysis


Among the raw material segments, the plastics segment is projected to register significant growth in the next 10 years. Increasing demand for stand up pouches and side gusset bags is projected to drive the growth of this segment. The paperboard segment is estimated to grow steadily over the next few years.

Among the packaging type segments, the flexible packaging segment is projected to dominate the global protein packaging market. Increasing demand for innovative packaging materials is expected to drive the growth of the segment. The rigid packaging segment is projected to register a lucrative growth rate in the protein packaging market.

Among the product type segments, the protein powder segment is estimated to account for a major share in the global protein packaging market. Growing demand for nutritional supplements in developing and developed countries is expected to drive the growth of the segment. The protein shakes segment is projected to register a moderate growth rate in the protein packaging market.


Global Protein Packaging Market: Regional Analysis


North America market is projected to dominate the global protein packaging market over the next few years. Growing demand for supplements in the region owing to rising health awareness among the individuals is a key factor projected to support the growth of the North America protein packaging market. Increasing fitness and athletics infrastructure in the region is expected to boost demand for sports and nutrition products, which in turn drive the growth of the North America protein packaging market in the next few years.

Asia Pacific protein packaging market is projected to grow at a significant growth rate over the next few years. Increasing demand for dietary supplements in the countries in this region, owing to rise in disposable income and rapid urbanization is expected to drive the growth of the protein packaging market in the Asia Pacific. Furthermore, rising health consciousness among the individuals is expected to boost demand for nutrition supplements and bars, which in turn drive the growth of the Asia Pacific protein packaging market.

Global Protein Packaging Market Segmentation:

Segmentation by Raw Materials:

  
Plastics
  
Paperboard

Segmentation by Packaging Type:

  
Flexible Packaging
  
Rigid Packaging

Segmentation by Product Type:

  
Protein Power
  
Protein Bars
  
Protein Shakes


Key Market Players included in the report:


  
Amcor
  
Coveris
  
DuPont
  
Flexifoil Packaging
  
PBFY
  
Swiss Pac


Below are the key development related to Protein Packaging Market in 2020 and 2021.


June 2021: Xampla claims breakthrough on plant-based polymer. New research published in Nature Communications could, according to Xampla, signal the end of fossil fuel single-use plastics as the science behind a new plant protein substitute is made public. New research published in Nature Communications could, according to Xampla, signal the end of fossil fuel single-use plastics as the science behind a new plant protein substitute is made public. Researchers at the University of Cambridge Knowles Lab describe how they can create a polymer film from plant protein that is “sustainable, scalable and 100% natural”. Made from plant protein which can be sourced as a by-product of the agriculture industry, the resulting material is said to be consumed in nature after use like any natural waste, leaving no pollutants behind. It is claimed that the material’s functionality is consistent with conventional plastic, but it requires no chemical cross-linking used in bio-polymers to give them the strength and flexibility of plastic. Source

April 2021: Valio reduced the plastic content of its product packaging Valios goal is to reset milks carbon footprint to zero by 2035. Food packaging and packaging materials are small things of great importance in our daily lives. The purpose of packaging is to protect the food, ensure hygiene, and improve the products shelf life. Packaging accounts for only a small share of the products carbon footprint, but it still has an important role in Valios climate work as a whole. In 2020, 24% of Valios plastic packaging was plant-based. The amount of packaging produced from recycled plastic was 250 tons, equivalent to 10.9 million half-liter bottles used in the deposit-refund system. Source