Press release
2025-2034 Pet Food Packaging Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Pet Food Packaging
What Is the Expected CAGR for the Pet Food Packaging Market Through 2025?
The pet food packaging market has expanded strongly in recent years. Its value will rise from $11.81 billion in 2024 to $12.48 billion in 2025, reflecting a CAGR of 5.6%. Historic growth was supported by the growing pet population, demand for convenient premium food products, urbanization, higher disposable income among pet owners, and packaging simplicity.
What's the Projected Size of the Global Pet Food Packaging Market by 2029?
Over the coming years, the pet food packaging industry is predicted to witness significant growth, with its market size potentially reaching $15.22 billion by 2029, representing a compound annual growth rate (CAGR) of 5.1%. This predicted growth within the forecast period can be attributed to several factors such as the escalation in pet food production, the elevated use of environmentally friendly materials, the rise in e-commerce sales of pet products, and the increased consumption of processed and packaged meals for pets, along with the multi-functionality of pet food packaging. Future trends during the forecast period include the introduction of innovative pet food products, the implementation of advanced features in packaging, a growing focus on distinguished packaging options to gain a competitive advantage, and business mergers and acquisitions.
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Top Growth Drivers in the Pet Food Packaging Industry: What's Accelerating the Market?
The surge in pet ownership is anticipated to boost the future expansion of the pet food packaging market. Owning pets involves welcoming an animal into one's home as a companion, providing it with a stable environment, and looking after it for its entire lifetime. Pets require specific dietary needs, and pet food packaging ensures that the food stays fresh, unpolluted, and maintains its nutritional content until it's consumed. For example, in October 2022, the American Veterinary Medical Association, a non-profit organization based in the US, reported that the percentage of households owning at least one cat had risen by 29%. Furthermore, in 2022, the average annual veterinary cost for cat-owning households was $321. Thus, the escalating pet ownership trend is fueling the growth of the pet food packaging market.
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What Trends Will Shape the Pet Food Packaging Market Through 2029 and Beyond?
Leading businesses in the pet food packaging sector are introducing fresh and innovative packaging solutions, such as recyclable packaging, to establish a competitive advantage. Recyclable packaging encompasses any form of packaging that can be reused and decomposed. For example, in October 2022, Dow Packaging & Specialty Plastics, a plastic manufacturing firm based in the United States, introduced the next evolution of recyclable packaging. The large pet food bags are crafted from MDO-PE film, using only polyethylene in each layer except for a small EVOH layer for the barrier. This new packaging is designed to reduce material waste during manufacturing and is made using top-quality resin and the latest W&H VAREX II machine extrusion technology with inline MDO. This is the foroming generation of recyclable packaging that is expected to boost recycling ratios and actualize the circular economy of plastics.
What Are the Main Segments in the Pet Food Packaging Market?
The pet food packaging market covered in this report is segmented -
1) By Product: Pouches, Folding Cartons, Metal Cans, Bags
2) By Material Type: Paper And Paperboard, Plastic, Metal
3) By Food Type: Dry Food, Wet Food, Other Food Types
4) By Animal Type: Dogs, Cats, Other Animal Types
Subsegments:
1) By Pouches: Stand-Up Pouches, Flat Pouches, Ziplock Pouches
2) By Folding Cartons: Regular Slotted Containers (RSC), Die-Cut Cartons, Window Cartons
3) By Metal Cans: Tinned Cans, Aluminum Cans, Steel Cans
4) By Bags: Plastic Bags, Paper Bags, Biodegradable Bags
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Which Top Companies are Driving Growth in the Pet Food Packaging Market?
Major companies operating in the pet food packaging market report are Dow Inc., Amcor Limited, Berry Global Group Inc., Smurfit Kappa Group, Mondi Group, Sonoco Products Company, Silgan Holdings Inc., Greif Inc., Huhtamaki Group, Constantia Flexibles Group GmbH, Winpak Ltd., Coveris Holdings S.A., Schur Flexibles Group, Bemis Company Inc., ProAmpac Holdings Inc., PaperWorks Industries, Inc., Hood Packaging Corporation, American Packaging Corporation, ePac Flexible Packaging, Glenroy Inc., InterFlex Group Inc., Flair Flexible Packaging Corporation, Mid-South Packaging Inc., PBFY Flexible Packaging, Star Packaging Corporation
Which Regions Will Dominate the Pet Food Packaging Market Through 2029?
North America was the largest region in the pet food packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet food packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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