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Feed Packaging Market by Pet, Livestock, Type, Feed Type, Material, and Region - 2023

The feed packaging market is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. This is attributed to the feeding of traditional dry farms leftover to the livestock in the developing regions. However, with the growing demand for quality livestock products and the increasing production of feed and feed additives, this market is expected to grow at a higher rate in the coming years.

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Feed Packaging Market by Pet, Livestock, Type, Feed Type, Material, and Region - 2023

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  1. MarketsandMarkets™ Presents Feed Packaging Market - Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/feed-packaging-market-187589113.html

  2. The report "Feed Packaging Market by Pet (Dogs, Cats, Fish, and Birds), Livestock (Poultry, Ruminants, and Swine), Type (Flexible and Rigid), Feed Type (Dry, Wet, Pet Treats, and Chilled & Frozen), Material, and Region - Global Forecast to 2023" The feed packaging market is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The feed packaging market is further bifurcated into pet food and livestock feed packaging. The major factors driving the feed packaging market include the increasing trend of pet humanization and the growing spending on the pet care and feed industry in developing regions. Further, the growing demand for shelf extension of feed at small and middle-scale livestock rearers’ end is also expected to drive the market. Browse 120 market data Tables and 49 Figures spread through 208 Pages and in-depth TOC on "Feed Packaging - Global Forecast to 2023“ North America is projected to hold the largest market share in the feed packaging (for pets) market during the forecast period. North America is estimated to account for the largest share of the market in 2018. The region is considered the most advanced, in terms of pet adoption and packaging technology. The market for feed packaging (for pets) in this region is mainly driven by high pet ownership, premiumization, the proliferation of innovations, and the introduction of a variety of packaging types for pet food. Increasing demand for premium pet food with high nutritional value, along with pet food safety concerns among pet owners, has helped to improve the quality standards of packaging and labeling in the region, thereby propelling the market growth for pet food packaging. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=187589113

  3. Report Objectives: • Determining and projecting the size of the feed packaging market with respect to livestock, pet, type, material, feed type, and regional markets, over a five-year period ranging from 2018 to 2023 • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions • Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • Analyzing the micro-markets with respect to individual growth trends, future prospects, and their contribution to the total market • Identifying and profiling key market players in the livestock feed and pet food packaging markets • Providing a comparative analysis of the market leaders on the basis of: • Product offerings • Business strategies • Strengths and weaknesses • Key financials • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions • Analyzing the supply chain, products, and regulatory frameworks across regions and their impact on the prominent market players • Providing insights on key innovations and investments in the feed packaging market • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=187589113

  4. The feed packaging market is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. This is attributed to the feeding of traditional dry farms leftover to the livestock in the developing regions. However, with the growing demand for quality livestock products and the increasing production of feed and feed additives, this market is expected to grow at a higher rate in the coming years. By livestock type, the poultry segment is projected to be the largest contributor to the feed packaging market (for livestock) during the forecast period. The estimated largest market share of poultry feed is attributed to the large-scale production of poultry feed. The large-scale production of poultry feed is a result of its large-scale consumption, as, unlike beef and pork, it is devoid of religious concerns. Thus, the production of poultry for meat is projected to dominate and account for more than half the growth of all the additional meat produced by 2025. The dry feed type segment is projected to account for a larger market share during the forecast period. Feed packaging (for livestock) is widely used for dry feed type. Dry feed is available in the form of pellets, powder, crumbles, cubes, and cakes. It is a largely produced and consumed, globally. Most feed manufacturers in the market offer their products in the dry form due to its ease of usage, storage, and transportation. Moreover, dry feed is widely used in animal diets, as it is affordable in comparison with wet feed. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=187589113

  5. Key Market Players: • The major vendors in the global feed packaging market are LC Packaging (Netherlands), El Dorado Packaging Inc., (US), NPP Group Limited (Ireland), Plasteuropa Group (UK), NYP Corp. (US), ABC Packaging Direct (US), Shenzhen Longma Industrial Co., Limited (China), Amcor Limited (Australia), Mondi Group (Austria), ProAmpac (US), Sonoco Products Company (US), Winpak Ltd., (Canada), NNZ Group (the Netherlands), Constantia Flexible Group (Austria), and HuhtamäkiOyj (Finland). • Recent Developments: • In August 2018, ProAmpac was awarded a Level-2 Food Safety Management Certification by the Safe Quality Food (SQF) Institute for its facility in Auburn, Washington, US. • In June 2018, ProAmpac announced a launch of the no.2 Quadflex Pouch. This new pouch will provide synergies to its sustainable packaging solution for pet foods such as cereals and pet treats. • In January 2018, Huhtamaki expanded its paper bag manufacturing operations in Poland by establishing a joint venture with Smith Anderson Group Limited (UK). Smith Anderson Group Limited is one of Europe's leading paper bag suppliers. • Key Questions addressed by the report: • Who are the major market players in the feed packaging market? • What are the regional growth trends and the largest revenue-generating regions for feed packaging? • Which are the major regions that are expected to witness the majority of the growth for feed packaging? • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=187589113

  6. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ https://mnmblog.org/market-research/agriculture Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  7. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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