Product News: Services
PMMI Study examines nutraceutical market.
Press Release Summary:
May 9, 2012 - According to PMMI's Nutraceuticals Market Assessment, nutraceutical market is expected to grow 7% annually, from $345 billion in 2011 to $450 billion in 2015. Nutraceutical sales in China ($15 billion) and India ($2 billion) mark key areas of growth, as do nutraceutical beverages, which PMMI expects to grow 9% annually through 2015. Industry trends highlight convenience and portion size, with innovations in material-saving pouches, bottles with seal closures, and material-conscious shrink sleeves.
Original Press Release
Nutraceuticals Market to Reach $450 Billion by 2015
Press release date: May 4, 2012
PMMI is a trade association of about 600 member companies that manufacture packaging, processing and related converting machinery in the United States or Canada; machinery components and packaging containers and materials. PMMI's vision is to be the leading global resource for the packaging and processing supply chain, and its mission is to improve and promote members' abilities to meet the needs of their customers. PMMI organizes the PACK EXPO trade shows: PACK EXPO International, PACK EXPO Las Vegas and EXPO PACK México, connecting participants in the packaging and processing supply chain with their customers around the world. Coming Up: EXPO PACK México, June 26-29 in Mexico City, Mexico; PACK EXPO International at McCormick Place in Chicago, Oct. 28-31, 2012. Learn more about PMMI and the PACK EXPO trade shows at PMMI.org and Packexpo.com.