A new report on the Pet Food Packaging Market research study, published by Reports and Data, provides an in-depth survey of the dominant participants of the industry –the basis points for which are the financial highlights, company outline, SWOT Analysis, Product Portfolio, as well as major strategies and the expansion plans of the new and potential contenders. This report is also anticipated to reflect consistent growth in the coming years since consumers are now more aware of product quality. This market analysis of an industry is a crucial factor that numerous stakeholders, such as investors, traders, suppliers, and others, will find beneficial.
The US Food and Drugs Administration (FDA) regulations is increasingly granting permission for improved and safer products alike concern over human food. In addition, the animal lovers are increasingly choosing informative, attractive, and protective products. The key players are looking to fulfill the demands of consumers by offering intelligent packaging, which is fueling growth of the global pet food packaging market. Such factors are estimated to boost demand during next few years and offer several opportunities for growth during the foreseeable future.
The global pet food packaging market comprises key players including Mondi Plc, Amcor Plc, Constantia Flexibles, Sonoco Products Company, and Huhtamaki OYJ.
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For the purpose of this report, Reports and Data has segmented the global pet food packaging market on the basis of packaging type, packaging, process, end user, and region:
Based on packaging form Outlook (Revenue, USD Billion; 2018-2028)
Based on material Outlook (Revenue, USD Billion; 2018-2028)
Paper & Paperboard
Based on animal Outlook (Revenue, USD Billion; 2018-2028)
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Based on food type Outlook (Revenue, USD Billion; 2018-2028)
By Region Outlook (Revenue, USD Billion; 2018-2028)
Rest of Europe
Rest of APAC
Rest of MEA
Rest of LATAM
Key findings from the report:
In November 2020, Amcor and Nestlé announced what they’re saying is the world’s first recyclable flexible retort pouch.
By the packaging type, the bags segment is anticipated to hold a substantial share in the market for pet food packaging over the forecast period. This segmental growth is attributable to the growing demand for bags for the ease offered during handling coupled with low cost of production.
By food type, the dry food segment is anticipated to hold the significant share in the pet food packaging market and to retain over the forecast period.
The plastic segment is anticipated to lead the pet food packaging market in terms of revenue and likely to retain its dominance over the forecast period. Owing to its benefits, the plastic segment is estimated to witness growth at a fastest CAGR over the forecast period.
By animal type, the cat food segment in the pet food packaging market is projected to expand at a significant CAGR over the forecast period. This growth is attributable to the increasing inclination of pet owners toward adopting cats and adopting expensive cat foods.
Regionally, North America is anticipated to lead the global market for pet food packaging over the forecast period owing to robust demand from the developed countries including the US and Mexico. Additionally, rising inclination toward adoption of pets coupled with changing lifestyles and growing capacity of expending more on pets are driving growth of the global pet food packaging market.
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Pet Food Packaging Market Segmentation & Impact Analysis
4.1. Pet Food Packaging Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
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Customization on the report is available according to the requirements of the user to ensure maximum utility to the reader and an increased level of comprehensibility.
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