Pet Food Packaging Market Growth, Share, Industry Growth, Trends, Competitive Landscape 2023-2028
The "Pet Food Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report by IMARC Group offers a detailed analysis of the industry, including pet food packaging market growth, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big Is The Pet Food Packaging Market?
The global pet food packaging market size reached US$ 10.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
What Are Pet Food Packaging?
Pet food packaging materials are utilized to store, protect, and deliver pet food to avoid contamination and preserve animal feed hygiene. Some commonly known packaging solutions include pouches, laminate, metal cans, aluminum, folding cartons, and bags made of plastic, metal, paperboard, and multi-wall bags.
It is used to enclose or wrap food items commercially available in wet, frozen, dry, and chilled variants. In addition, it is cost-effective, offers high durability and insulation, and prevents tampering, spillage, and loss of vital nutrients from food products. As a result, pet food packaging is widely utilized to offer convenient opening and safe transportation of pet feed products across the globe.
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What Are The Growth Prospects And Trends In The Pet Food Packaging Industry?
The market is primarily driven by the increasing pet ownership and rising preference of individuals toward the quality packaging of food products. In addition, the growing awareness regarding the health of pets has encouraged pet owners to buy multigrain, protein-based, gluten, and allergen-free product variants, which is contributing to the market growth.
Moreover, the integration of smart pet food packaging to monitor the condition and quality of packaged food during storage and transportation represents another major growth-inducing factor. Besides this, the widespread adoption of metal cans due to their benefits, such as impact resistance, structural strength, and extended shelf life, is providing a positive thrust to the market growth. Furthermore, the implementation of numerous government initiatives on pet food quality and protection and the growing consciousness regarding environmental pollution are escalating the demand for sustainable packaging solutions made of paper and paperboard, which in turn is propelling the market growth..
What Is Included In Market Segmentation?
The report has segmented the market into the following categories:
Breakup by Material:
- Paper and Paperboard
- Plastic
- Metal
Breakup by Food Type:
- Dry Food
- Wet Food
- Others
Breakup by Animal Type:
- Dog Food
- Cat Food
- Others
Breakup by Packaging Form:
- Pouches
- Metal Cans
- Folding Cartons
- Bags
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who Are The Key Players Operating In The Industry?
The report covers the major market players including:
- Amcor plc
- American Packaging Corporation
- Berry Global Inc.
- Blue Buffalo Co. Ltd. (General Mills Inc.)
- Coveris, Huhtamäki Oyj
- Mondi plc, ProAmpac
- Silgan Holdings Inc.
- Smurfit Kappa Group plc
- Sonoco Products Company
- Transcontinental Inc.
- and Winpak Ltd.
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