Feed Packaging Market Size, Share, and Industry Analysis By Material (Plastic {Polypropylene (PP), Polyethylene (PE)}, Paper & Paperboard, Metal, and Others), By Packaging Type (Flexible and Rigid), By Product Type (Bags, Pouches, Films & Laminates, Containers, Boxes & Cartons, Cans, and Others), and Regional Forecast, 2024-2032

The best way to keep animal nutrition at its best is through its packaging. Feed packaging is used for packing feed as it offers tampering resistance along with physical, chemical, and biological requirements. An upsurge in the pet population and pet care expenditure drives the growth of the feed packaging market. Humanisation has changed the way people feed their pets. Trends in pet food, such as e-commerce and sustainability, increase the demand for convenience, portion control, and environmentally friendly packaging, driving the market growth.

• According to the Insurance Information Institute, 70% of U.S. households, or about 90.5 million families, own a pet, according to the 2021-2022 National Pet Owners Survey conducted by the American Pet Products Association (APPA). The rise in the number of pet owners in the U.S., as well as throughout the world, is driving the growth of the feed packaging market.

Packaging has a key role in the robust growth of the pet food industry, especially for premium products. The demand for personalized food packaging is bringing new opportunities to the feed packaging market. Producers are also taking the initiative and manufacturing innovative products such as resealable pouches and bags, zipper bags, and packaging labels on packaged goods that include facts about the nutritional contents and other information related to the feed offered, contributing to the growth of the market.

Governments of several nations imposed stringent regulations on the use of single-use plastic due to their impact on the environment. Generally, manufacturers use such plastic as the raw material for the packaging of feed. Strict rules and regulations in different countries will hinder the growth of the feed packaging market.

IMPACT OF COVID-19 ON THE FEED PACKAGING MARKET

Almost every industry in the globe has suffered a hindrance. This is due to major disruptions in their respective manufacturing and supply chain as a result of various defensive lockdowns and other restrictions imposed by governing authorities across the globe. The pandemic affected the feed packaging market in the same way as other industries and it also saw a decline in demand. However, after the pandemic, the rising number of pet owners helped drive the demand for the feed packaging market. Therefore, the market will witness positive growth during the forecast period.

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in the Feed Packaging Market


• Key Industry Trends


• Regulatory Landscape for the Feed Packaging Market


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Feed Packaging Market

SEGMENTATION

ANALYSIS BY MATERIAL

Based on material, the market is segmented into plastic {polypropylene (PP), polyethylene (PE)}, paper & paperboard, metal, and others. The plastic segment dominates the feed packaging market. Plastic packaging permits the protection, storage, preservation, and transport of products in different and safe ways. The durability and mechanical strength provided by plastic are driving the growth of this segment.

ANALYSIS BY PACKAGING TYPE

Based on packaging type, the market is segmented into flexible and rigid. The flexible segment holds the largest share in the global feed packaging market. Flexible packaging requires less production cost than rigid packaging, which lowers the transportation cost. The convenience offered by packaging products such as films, bags, and pouches is driving the segment growth.

ANALYSIS BY PRODUCT TYPE

Based on product type, the market is segmented into bags, pouches, films & laminate, containers, boxes & cartons, cans, and others. The bags segment dominates the feed packaging market. The bag enables manufacturers to stand out with pet owners who want sustainable options, personalized pet diets and ingredients that even humans find appealing. The easy customizability of bags with extra space is bolstering the segment growth.

REGIONAL ANALYSIS

By region, the feed packaging market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America holds the largest share of the global feed packaging market. The presence of the highest number of pet owners in the U.S. and key players in the region is boosting its growth. Europe is growing at a significant rate due to the high demand for sustainable packaging. Asia Pacific is growing at the fastest rate due to the growing population, urbanization, and the rising income of people in the region.

The Latin America market will witness a moderate rate during the forecast period. The increasing humanization of pets and concern for their functional health are enhancing the growth of this region. The Middle East & Africa market is expected to grow at a steady rate. The influence of western culture has raised the number of pet owners in this region, driving segment growth.

KEY PLAYERS COVERED

The report includes the profiles of key players such as LC Packaging, ProAmpac, Amcor, Mondi, Huhtamaki, Constantia Flexibles, Winpak, Sealed Air, Coveris, Amerplast, Berry Global, Trivium Packaging, and Plasteuropa - Flexible Packaging.

KEY INDUSTRY DEVELOPMENTS

• In October 2023, Mitsubishi Gas Chemical launched new eco-friendly packaging that is PFAS-free, with AGELESS oxygen absorber technology. The company’s PFAS-free AGELESS oxygen absorbers are oil-resistant and can deoxidize the interior of sealed packages to maintain the color, flavour, fragrance, and nutrition of freshly prepared food as well as extend shelf life and are suitable for the packaging of baked goods, meat snacks, processed meats, coffee, dried fruits, and pet treats among others.


• In October 2021, Mondi announced that it would produce recyclable mono-material packaging for one of Finland’s most popular premium dog food brands, Hau-Hau Champion. The new flexible packaging solutions replace unrecyclable plastic packs while offering high barrier protection and increased consumer convenience.


• In September 2020, Amcor, in collaboration with Nestle, launched the world’s first flexible, recyclable retort pouch. The pouch has a high barrier to heat and helps increase the shelf life of the product.