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Surge In Pet Adoption To Drive Market Growth Emerges as a Core Driver of the Feed Packaging Market in 2025
Feed Packaging Market
What Is the Expected CAGR for the Feed Packaging Market Through 2025?
The size of the feed packaging market has experienced robust growth in recent years. It is projected to increase from $19.03 billion in 2024 to $20.37 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The significant increase over the historical period can be linked to stricter rules concerning feed quality, the globalisation of feed trading, emphasis on feed hygiene and safety, increasing demand for specialty feeds, and measures to minimize feed spoilage.
What's the Projected Size of the Global Feed Packaging Market by 2029?
In the upcoming years, the market size of feed packaging is predicted to experience significant growth, rising to a value of $26.56 billion by 2029 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth over this period can be credited to factors such as the expansion of e-commerce in pet food sales, the rise of the aquaculture industry, a concentration on recyclable packaging, the global spread of the feed additives market, and sustainability efforts in packaging sector. Key trends expected within this timeframe encompass customization and branding, feed production traceability and blockchain, digitization in supply chain management, flexible and bulk packaging, features like resealability and reclosability, and measures against counterfeiting.
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Top Growth Drivers in the Feed Packaging Industry: What's Accelerating the Market?
The upsurge in pet adoption is anticipated to stimulate the expansion of the feed packaging market. This refers to the practice of obtaining pets from rescue organizations instead of buying them from pet stores or breeders. Feed packaging is favored by pet owners because it provides trustworthy packaging to preserve the quality and safety of the pet feed. Consequently, a surge in pet adoption amplifies the demand for the feed packaging market. For example, data from Shelter Animals Count, a nonprofit organization based in the US, revealed that in January 2024, 6.5 million cats and dogs were admitted into shelters and rescues all over America. This signified a 0.2% growth from 2022 and a 4.0% rise from 2021. The number of animals that were adopted also soared, with 4.8 million finding new homes in 2023. This underscores a growing commitment towards animal rescue and adoption programs. Therefore, the increasing adoption rate of pets is fueling the advancement of the feed packaging market.
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What Trends Will Shape the Feed Packaging Market Through 2029 and Beyond?
The feed packaging market is focusing on sustainable packaging solutions using recycled materials. In April 2022, ProAmpac LLC in the US launched ProActive PCR Retort pouches with 30% or more post-consumer recycled content, meeting EU and FDA food contact standards and maintaining high performance, durability, and branding consistency.
What Are the Main Segments in the Feed Packaging Market?
The feed packaging market covered in this report is segmented -
1) By Type: Flexible Packaging, Rigid Packaging
2) By Feed Type: Dry, Wet, Pet Treats, Chilled And Frozen, Other Feed Types
3) By Material: Plastic, Polyethylene, Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE), Polypropylene (PP), Paper, Jute, Metal
5) By Application: Poultry Feed, Ruminants Feed, Swine Feed, Aquatic Animals Feed, Other Applications
Subsegments:
1) By Flexible Packaging: Bags, Pouches, Film Wraps, Laminated Packaging
2) By Rigid Packaging: Tubs And Containers, Boxes And Cartons, Drums And Barrels, Jars And Bottles
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Which Top Companies are Driving Growth in the Feed Packaging Market?
Major companies operating in the feed packaging market include Transcontinental Inc., Ardagh Group S.A., Winpak Ltd., Snapsil Corporation, Sealed Air Corporation, Coveris, Flextrus AB, ProAmpac, Amerplast Ltd., Berry Global Inc., Vietnam Plastic Corporation, International Plastics Inc., Rutan Poly Industries Inc., Amcor plc, Mondi Limited, Schur Flexibles Group, Anchor Packaging Inc., The International Paper Company, WestRock Company, Graham Packaging Company Inc., Huhtamäki Oyj, Sonoco Products Company, Constantia Flexibles, Pactiv Evergreen Inc., American Packaging Corporation, Cargill Incorporated
Which Regions Will Dominate the Feed Packaging Market Through 2029?
Asia-Pacific was the largest region in the feed packaging market in 2024. North America is expected to be the fastest-growing region in the global feed packaging market during the forecast period. The regions covered in the feed packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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