Pet Food Packaging Market – Global Industry Analysis and Forecast (2024-2030)

Pet Food Packaging Market size was valued at US$ 16.66 Bn. in 2023. Dry Food, one of the segments reviewed in our reports dominated the Pet Food Packaging Market.
Pet Food Packaging Market Overview:
Pet food packaging is complete pet food to avoid contamination and protect the hygiene of animal feeds. It also includes a high fencing bar to protect the animal's feed from rust and water. In addition, compound feeds are used to repel odors and smooth animal feed.To know about the Research Methodology :- Request Free Sample Report

Though market forecasting through 2030 is based on real output, demand, and supply of 2023, 2023 numbers are also estimated on real numbers published by key players as well all-important players across the world. Market forecasting till 2030 is done based on past data from 2018 to 2023 with the impact of global lockdown on the market in 2022 and 2023.
Pet Food Packaging Market Dynamics:
The increasing use of enhanced functional products has emerged as an important trend in the pet food packaging market. The market has expanded rapidly after many flavor innovations in food delivery around the world. Packaged products help manufacturers convey health-related messages to buyers to promote the product.

Increasing demand for product packaging via online platforms. Market players are stepping up their efforts to target consumers, especially millennials, through e-commerce websites. Online platforms could become the most popular sales channel among the major players on the market.

Rising pet adoption and awareness among animal health owners increases, the market has focused on maintaining the quality of pet food packaging, including leak prevention and labeling innovations.

Animal lovers want attractive, informative, and protective products. The FDA's regulations on pet food products have improved over the years, similar to those on human food. Manufacturers are focusing on consumer needs such as smart packaging of pet food. Labeling these pet food products is creating opportunities and driving the growth of the market.

Sustainability is the most important packaging trend at the moment. Sustainability is a serious concern of government and consumers. As a result, packaging companies are focusing on packaging that complies with government and consumer regulations. This factor is driving the growth of the market.

An increasing number of non-traditional households with no children, coupled with high levels of disposable income is boosting the per-capita pet expenditure for the market. Pet owners are willing to pay for more value-added products and safe packaging. These factors are expected to drive the  market through the forecast period.

Market trends and challenges are analyzed and compiled in the report. The data of 2023 is considered for a better understanding of the client. Moreover, Analytics of the market is based on real numbers of past years from 2018 to 2023 with market forecast until 2030.
Pet Food Packaging Market Segment Analysis:
By Product, Cans dominated the market with a 35 % share in 2023. Recent innovations in the canning industry have contributed significantly to the growth of the segment. Manufacturers have introduced unique and seasonal flavors of canned foods to promote the product. These factors are driving the growth of the segment in the market.

The Bag & Pouch segment is expected to grow at a CAGR of 5 % through the forecast period. Resalable stand-up pouches in particular are becoming more popular around the globe. Other important alternatives to metal cans are cups and mugs. The increase in sales of these alternative products is expected to drive the growth of the segment through the forecast period.

The folding cartons are expected to grow at a CAGR of 6.3 % through the forecast period. It is preferred by pet food manufacturers due to its high sustainability rating. These products also support printing capabilities. Folding boxes enable a vibrant design and are effective in attracting shoppers to pet retail stores around the world. These factors are expected to drive the demand of segments in the market.

By Animal, Dog segment dominated the market with a 40 % share in 2023. Increasing dog pet owners around the globe and application for packaging including a wide range of dog food products including treats, snacks, bones, cookies, and flavors including bacon, liver, and beef jerky are the factors driving the growth of the segment in the market.

Cat segment is expected to grow at a CAGR of 3.2 % through the forecast period. Various initiatives in the cat food space have increased the demand for convenient packaging globally. The growing trend of the cat as a pet, increasing consumption of gourmet products, and the concept of premiumization are the factors expected to drive the growth of the segment in the market.

By Application, the Dry Food segment dominated the market with a 51 % share in 2023. Dry food causes fewer spillages and can be cleared easily. It is easier to handle dry food than wet foods which have a strong smell. These factors are driving the demand of the segment. The presence of numerous makers of international status is driving the market growth of the segment.

The wet Food segment is expected to grow at a CAGR of 4 % through the forecast period. The introduction of various sizes, flavor ranges are expected to drive the demand for the product. Market players are introducing various new products such as curry variants available in veg and non-veg. This factor is expected to drive the market growth of the segment.
Regional Insights:
North American region dominated the market with a 43 % share in 2023. US consumers tend to humanize their pets, the region is becoming more premium in both food and packaging. With increasing demand from pet owners for protective, informative, and sustainable packaging, manufacturers are focusing on producing more intelligent packaging solutions. These factors are driving the demand for the market in the region.

Asia Pacific is expected to grow at a CAGR of 7.7 % through the forecast period. Growing in line with core family trends and increasing the concept of humanization I countries like Japan, India, and China, etc. are expected to drive the market growth of pet food packaging in the region through the forecast period.

The objective of the report is to present a comprehensive analysis of the Pet Food Packaging market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the market dynamics, structure by analyzing the market segments and project the market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.
Pet Food Packaging Market Scope: Inquire before buying



Pet Food Packaging Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 16.66 Bn.


Forecast Period 2024 to 2030 CAGR:
6%
Market Size in 2030:
US $ 25.05 Bn.


 Segments Covered:
by Product
Cans
Bags and Pouches
Folding Cartons
Others


by Animal
Dog
Cat
Fish
Others


by Application
Dry Food
Wet Food
Pet Treats
Frozen Food



Pet Food Packaging Market by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players
1. American Packaging Corporation
2. Crown Holdings
3. ProAmpac LLC
4. Constantia Flexibles
5. Coveris Holdings
6. Polymerall LLC
7. Mondi Group
8. Sonoco Products Company
9. Berry Global Inc.
10. Ardagh Group SA
11. Wipak
12. Silgan Holdings Inc.
13. Amcor Limited
14. Ball Corporation
15. Bemis Company
16. MeadWestvaco Corporation
17. Silgan Holdings

Frequently Asked Questions:

1. Which region has the largest share in Global Pet Food Packaging Market?
Ans: North America region held the highest share in 2023.

2. What is the growth rate of Global Pet Food Packaging Market?
Ans: The Global Pet Food Packaging Market is growing at a CAGR of 6% during forecasting period 2024-2030.

3. What is scope of the Global Pet Food Packaging market report?
Ans: Global Pet Food Packaging Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Pet Food Packaging market?
Ans: The important key players in the Global Pet Food Packaging Market are – American Packaging Corporation, Crown Holdings, ProAmpac LLC, Constantia Flexibles, Coveris Holdings, Polymerall LLC, Mondi Group, Sonoco Products Company, Berry Global Inc., Ardagh Group SA, Wipak, Silgan Holdings Inc., Amcor Limited, Ball Corporation, Bemis Company, MeadWestvaco Corporation, and Silgan Holdings

5. What is the study period of this market?
Ans: The Global Pet Food Packaging Market is studied from 2018 to 2030.