IMARC Group, a leading market research company, has recently releases report titled “Pet Food Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global pet food packaging industry analysis size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Pet Food Packaging Market
Pet food packaging involves specialized materials and formats designed for protecting pet food products. It includes bags, cans, pouches, and folding cartons, which hold dry, wet, and chilled food items. It protects pet food during transportation and reduces the risk of damage and spillage. It helps in maintaining the nutritional value and freshness of the product. It assists manufacturers in differentiating their products and communicating key information like ingredients, nutritional value, expiry dates, and feeding guidelines. It offers convenience of use and promotes brand recognition and environmental sustainability. Besides this, it allows easy portion control and helps pet owners feed in appropriate quantities and prevent overfeeding.
How Big Is the Pet Food Packaging Market
The global pet food packaging market size reached US$ 10.8 Billion in 2022 and is predicted to reach US$ 14.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Pet Food Packaging Market Trends and Drivers:
The rising pet ownership and the humanization of pets are catalyzing the demand for high-quality pet food, which, in turn, is escalating the need for advanced packaging solutions. Additionally, the growing consumer awareness about pet health and wellness is compelling pet food manufacturers to adopt transparent and informative packaging that displays product quality and nutritional content. Apart from this, the expansion of e-commerce in the pet food industry is escalating the need for sturdy and durable packaging to withstand shipping and handling, which is favoring market growth. Furthermore, the escalating demand for convenience-oriented features like resealable packs, single-serve pouches, and easy-to-carry formats is also on the rise. Moreover, the growing environmental consciousness among consumers is spurring the adoption of sustainable and recyclable packaging materials. Moreover, the advent of smart packaging solutions featuring QR codes, NFC technology, and augmented reality elements for interactive customer engagement is positively influencing the market.
What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Breakup by Material:
- Paper and Paperboard
Breakup by Food Type:
- Dry Food
- Wet Food
Breakup by Animal Type:
- Dog Food
- Cat Food
Breakup by Packaging Form:
- Metal Cans
- Folding Cartons
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
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.