How Has the Pet Food Packaging Market Evolved Historically and What is its Current Size?
The pet food packaging market has seen considerable growth due to a variety of factors.
• The market for pet food packaging has seen significant growth in the past few years. The market size is forecasted to escalate from $11.81 billion in 2024 to $12.6 billion in 2025, at a compound annual growth rate (CAGR) of 6.7%.
The notable growth during the historical period can be traced back to factors such as the increase in the number of pets, heightened demand for easy-to-use high-quality food items, rise in urban population, increase in pet owners' disposable income, and the need for simple and convenient packaging.
What Is The Projected Growth Of The Pet Food Packaging Template Market?
The pet food packaging market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the pet food packaging market size is set to experience robust growth. It is projected to reach $15.52 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 5.3%.
Factors contributing to this growth during the forecast period include a rise in pet food production, higher usage of biodegradable materials, a surge in e-commerce activities for pet products, greater demand for processed and packaged food for animals, and the multifunctionality offered by pet food packaging. Key trends during this same period include product innovation in the pet food sector, enhanced packaging features, an increasing emphasis on groundbreaking packaging alternatives for a competitive advantage, and industry mergers and acquisitions.
What Are The Key Drivers Fueling Growth In The Pet Food Packaging Market?
The growth of the pet food packaging market is anticipated to be driven by the rising trend of pet adoption. Pet adoption implies providing an animal with a forever home, companionship, and lifelong care. Pets require particular dietary needs, and pet food packaging plays a critical role in ensuring that the food maintains its freshness, nutritional value, and remains untainted until it reaches the end-user. For example, a report from the American Veterinary Medical Association, a non-profit organization in the US, revealed in October 2022 that the number of families owning at least one cat had risen by 29%. Additionally, in 2022, the average annual expense of veterinary visits for families with cats stood at $321. These factors indicate that the escalating trend of pet adoption serves as a key driver for the expansion of the pet food packaging market.
What Are The Principal Market Segments In The Global Pet Food Packaging Industry?
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 Emerging Market Trends Are Altering The Pet Food Packaging Industry?
Leading firms in the pet food packaging field are creating unique packaging solutions, such as recyclable packaging, to secure a competitive advantage in the sector. Recyclable packaging encompasses all types of packaging that can be reused and are biodegradable. For instance, Dow Packaging & Specialty Plastics, an American plastic production company, introduced the latest edition of recyclable packaging in October 2022. Comprised of MDO-PE film, these large pet food bags use strictly polyethylene in each structural layer, apart from a minimal EVOH layer for the barrier. This new packaging model is designed to reduce material waste during manufacture, using high-grade resin and the state-of-the-art W&H VAREX II machine extrusion technology with inline MDO. It opens up a new chapter in recyclable packaging, aimed to boost recycling percentages and actualize the circular economy of plastics.
Who Are the Key Players 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 IndustriesInc.
• 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
What Are The Regional Insights Into The Pet Food Packaging Market?
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.
