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Nutraceuticals rise on consumer whims

Healthcare Packaging EXPO provides solutions for the nutraceuticals market

Healthcare Packaging EXPO provides solutions for the nutraceuticals market
Healthcare Packaging EXPO provides solutions for the nutraceuticals market

Advances in the global nutraceuticals market are being driven by an established, growing middle class with disposable income to spend on filling nutritional gaps, according toA New Day Dawns for Nutraceuticals infographicreleased by PMMI, The Association for Packaging and Processing Technologies.

The infographic, and accompanyingNutraceuticals Market Assessment 2019report, shows how shifting consumer consumption habits are pushing the industry to reexamine packaging formats and consider innovations in the food, beverage and pharmaceutical sector. As the U.S. nutraceuticals market in 2018 reached $75.9 billion, consumers have begun demanding alternatives to consuming nutraceuticals in pill form, which is driving up the market share for functional foods and drinks.

These trends are emerging just as Healthcare Packaging EXPO co-located with PACK EXPO Las Vegas (Sept. 23-25, 2019, Las Vegas Convention Center) is getting ready to launch. Healthcare Packaging EXPO is the only pharma event with hundreds of pharmaceutical industry suppliers showcasing crossover solutions from related industries such as food and beverage.

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Break out of the ordinary: see what’s new in life sciences packaging