Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 16.67 Billion |
| USD 27.59 Billion | |
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Global Feed Packaging Market, By Pet (Dogs, Birds, Fish, Cats), Type (Flexible, Rigid), Feed Type (Dry, Pet Treats, Chilled and Frozen, Wet), Livestock (Poultry, Swine, Ruminants), Material (Plastics, Paper and Paperboards, Metal, Others) – Industry Trends and Forecast to 2029.
As consumer preference for pet food has increased over the last five years, manufacturers and suppliers of pet food products must optimise their product offerings to meet consumer demand. The ongoing trend of pet humanization is expected to drive demand for the feed packaging market.
Data Bridge Market Research analyses that the feed packaging market was growing at a value of USD 16.67 billion in 2021 and is expected to reach the value of USD 27.59 billion by 2029, at a CAGR of 6.50% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Pet (Dogs, Birds, Fish, Cats), Type (Flexible, Rigid), Feed Type (Dry, Pet Treats, Chilled and Frozen, Wet), Livestock (Poultry, Swine, Ruminants), Material (Plastics, Paper and Paperboards, Metal, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Bemis Manufacturing Company (U.S.), Transcontinental Inc. (Canada), Ardagh Group S.A. (Luxembourg), Winpak Ltd (Canada), Snapsil (Australia), Sealed Air (U.S.), Coveris (Austria), Immer Ltd (Ukraine), Flextrus AB (Sweden), ProAmpac (U.S.), Amcor Plc (Switzerland), Amerplast Ltd (Finland), Berry Global Inc. (U.S.), Dana Poly Inc. (U.S.), Hanoi Plastic Bag JSC (Vietnam), International Plastics Inc. (U.S.), Rutan Poly Industries Inc. (U.S.)
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Opportunities
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Market Definition
Feed packaging is a type of packaging that provides safety and tamper resistance, as well as chemical, physical, and biological requirements for feed. Furthermore, the packaging labels may include information about the nutritional content of the feed as well as other information about the feed that is available for purchase.
Drivers
Increasing demand from pet owners to meet the food needs of pets and animals According to market demand, feed packaging material is available in bulk as well as single-serve packaging. The ongoing trend of humanization of pets is expected to fuel demand for pet food, thereby boosting the target market's growth. Furthermore, rising spending on pets and animals for better feed options is expected to drive the target market's growth over the forecast period.
The target market is expected to grow due to innovation in pet food products and increased competition among feed product manufacturers in the global feed packaging market. Furthermore, rising demand for premium livestock products, as well as increased production of feed and feed additives, are expected to drive growth in the global feed packaging market.
Opportunity
The massive demand for improving the shelf-life of wet food products without compromising nutrient value or palatability is expected to foster lucrative opportunities for the feed packaging market demand in the coming years.
Restraints
However, the growing need for greater technological understanding for other packaging forms may stymie market growth during the forecast period, while addressing packaging issues will be a major challenge for the feed packaging market's growth.
This feed packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the feed packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Over the last 18 months, almost every industry in the world has suffered a setback. This is due to significant disruptions in their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns and other restrictions imposed by governing authorities around the world. The same is true for the global market for feed packaging. Furthermore, consumer demand has subsequently decreased as people are now more focused on eliminating non-essential expenses from their respective budgets as the general economic status of most people has been severely impacted by this outbreak. These factors are expected to weigh on the revenue trajectory of the global Feed Packaging market over the forecast period.
The feed packaging market is segmented on the basis of pet, type, feed type, livestock and material. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Pet
Type
Feed type
Livestock
Materials
The feed packaging market is analysed and market size insights and trends are provided by country, pet, type, feed type, livestock and material as referenced above.
The countries covered in the feed packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the feed packaging market because of high developments in feed production and packaging, as well as rapid economic growth in the region and demand for meat and dairy products is expected to rise, primarily in countries such as India, China, Japan, and Thailand for both domestic consumption and exports.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The feed packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to feed packaging market.
Some of the major players operating in the feed packaging market are:
SKU-
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.