Pet Food Packaging Market size was valued at US$ 15.72 Bn. in 2022. Dry Food, one of the segments reviewed in our reports dominated the Pet Food Packaging Market.
Pet Food Packaging Market Overview:
The market research study analyses and assesses the Pet Food Packaging Market position during the forecast period. It is a comprehensive examination that focuses on primary and secondary drivers, market share, leading segments, and geographical analysis.
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Pet Food Packaging Market Scope:
Using both primary and secondary research approaches, we researched the Pet Food Packaging Market from every viewpoint. This helped us gain a better understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, customer habits, and so on. The data is then compiled and analysed using a range of market estimation and data validation techniques. Furthermore, we have an in-house data forecasting engine that forecasts market growth through 2027.
Pet Food Packaging Market Segmentation:
In terms of product, cans held a 35% market share in 2022. The canning sector has grown tremendously as a result of recent improvements in the market. To advertise the product, manufacturers have added distinctive and seasonal flavors to canned foods. These elements are fueling the market segment's expansion.
Through the projected period, the Bag & Pouch segment is anticipated to expand at a CAGR of 5%. Particularly popular internationally are resealable stand-up pouches. Cups and mugs are other significant alternatives to metal cans. Throughout the projected period, the expansion of the category is anticipated to be driven by the increase in sales of these alternative products.
By animal, the dog segment held a 40% market share in 2022. Growing numbers of dog owners worldwide and applications for packaging a wide range of dog food products, including treats, nibbles, bones, and cookies, as well as flavors like bacon, liver, and beef jerky, are what are propelling the segment's rise in the market.
The cat sector is anticipated to expand during the projection period at a CAGR of 3.2%. Worldwide demand for easy packaging has increased as a result of numerous initiatives in the cat food industry. The market segment is anticipated to increase as a result of factors including the rising popularity of keeping cats as pets, rising gourmet food consumption, and the idea of premiumization.
With a 51% market share in 2022, the Dry Food application category led the market. Food that is dry is easier to clean up after and generates fewer spills. Wet foods have a strong odor and are more difficult to handle. These elements are influencing the segment's demand. The existence of various manufacturers with international recognition is propelling the segment's market expansion.
Through the projection period, the wet Food segment is anticipated to increase at a CAGR of 4%. The introduction of different size and flavor options is anticipated to increase demand for the good. Market participants are launching a variety of new items, including vegetarian and meatless curry varieties. This element is anticipated to fuel the market's expansion in segment.
1. Pet Food Packaging Market, by Product (2022-2029)
• Cans
• Bags and Pouches
• Folding Cartons
• Others
2. Pet Food Packaging Market, by Animal (2022-2029)
• Dog
• Cat
• Fish
• Others
3. Pet Food Packaging Market, by Application (2022-2029)
• Dry Food
• Wet Food
• Pet Treats
• Frozen Food
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Pet Food Packaging Market Key Players:
The report also focuses on the global main industry players in the Pet Food Packaging Market, including company biographies, product images and specs, capacity, production, price, cost, revenue, and contact information. The study examines prominent Pet Food Packaging market businesses and ranks them in the market. The following players are featured in this report:
1. American Packaging Corporation
2. Crown Holdings
3. ProAmpac LLC
4. Constantia Flexibles
5. Coveris Holdings
6. Polymerall LLC
7. Mondi Group
8. Sonoco Products Company
9. Berry Global Inc.
10. Ardagh Group SA
11. Wipak
12. Silgan Holdings Inc.
13. Amcor Limited
14. Ball Corporation
15. Bemis Company
16. MeadWestvaco Corporation
17. Silgan Holdings
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Regional Analysis:
The Pet Food Packaging market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.
COVID-19 Impact Analysis on Pet Food Packaging Market:
The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.
Key Questions Answered in the Pet Food Packaging Market Report are:
- What are some of the promising growth opportunities in the global Pet Food Packaging market by product type and Region?
- Which Pet Food Packaging market segments will grow the fastest, and why?
- Which regions will develop quicker?
- What are the elements influencing Pet Food Packaging market?
- What are the Pet Food Packaging market's business risks?
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