DUBLIN--(BUSINESS WIRE)--The "Pet Food Packaging Market By Material Type, By Food Type, By Animals Type: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
The pet food packaging market size was valued at $9,435.2 million in 2020, and is projected to reach $16,579.3 million by 2030, registering a CAGR of 5.7% from 2021 to 2030.
Food packaging is an enclosed container or packet, which protects food from tampering and contamination. It also protects foods from physical, biological, and chemical sources, which help to maintain the nutrients of food. To prevent contamination and ensure the sanitation of animal feed, pet food packaging is a complete animal-cooked diet.
Moreover, the pet food packaging market has grown owing to increase in adoption of pets in developed countries. In addition, rise in health concern of pets and animals has created demand for sustainable food packaging and thus driving the growth forward. To preserve pet food packaging quality, increasing issues about pets' health are driving adoption of spill-proof and innovative pet food packaging. Furthermore, high income level of pet owners and changing lifestyles are creating demand for pet food and its packaging and thus boosting the global market.
Furthermore, large number of pet food packaging is manufactured by major key players in the market to overcome traditional packaging ways and to increase productivity. For instance, in October 2021, Mondi launched a new sustainable premium food and pet food packaging solutions product, RetortPouch Recyclable, for ensuring that all of its products are reusable, recyclable.
Similarly, in November 2021, Mondi acquired a leading manufacturer in Turkey that provides high-quality sustainable packaging for food, beverage, agriculture, and industrial food types Olmuksan for expansion in their business in Turkey for sustainable packing. As a result, all such factors provide lucrative growth in the market.
Key Benefits For Stakeholders
- The report provides an extensive analysis of the pet food packaging market trends and dynamics.
- In-depth market analysis is conducted by constructing market estimations for the key Market Segments between 2020 and 2030.
- Extensive analysis of the pet food packaging market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The pet food packaging market forecast from 2021 to 2030 is included in the report.
- The key players with in pet food packaging market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the pet food packaging industry.
Key Market Segments
By Material Type
- Paper and Paperboard
- Plastic
- Metal
By Food Type
- Dry Food
- Wet Food
- Others
By Animals Type
- Dogs
- Cats
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Mondi Group
- Sonoco Products
- Berry Plastics
- Amcor Limited
- American Packaging Corporation
- Ampac Packaging
- Ball Corporation
- Bemis Company
For more information about this report visit https://www.researchandmarkets.com/r/3yyqbg
