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Global Feed Packaging Market by Pet, Livestock, Type, Feed Type, Material and Region - Forecast to 2023 - ResearchAndMarkets.com

December 7, 2018

DUBLIN--(BUSINESS WIRE)--Dec 7, 2018--The “Feed Packaging Market by Pet (Dogs, Cats, Fish, and Birds), Livestock (Poultry, Ruminants, and Swine), Type (Flexible and Rigid), Feed Type (Dry, Wet, Pet Treats, and Chilled & Frozen), Material, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global feed packaging market size is projected to grow from USD 13.8 billion in 2018 to USD 17.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period.

The feed packaging market is driven by various factors such as rising competition, product differentiation through packaging products, and innovations in pet food packaging products. However, the need for greater technological understanding for other packaging forms can hinder the growth of this market. Moreover, the feed packaging market is further bifurcated into pet food and livestock feed packaging.

The global market for feed packaging is dominated by large-scale players such as LC Packaging (Netherlands), NYP Corp. (US), Shenzen Longma Industrial Co., (US), Amcor Limited (Australia), and Mondi Group (Austria).

Key Highlights

The wet feed type segment is projected to grow at a higher CAGR during the forecast period. The flexible type segment is projected to hold a larger market share during the forecast period. APAC is projected to record the highest growth rate in feed packaging for both pets and livestock market during the forecast period.

Market Dynamics

Drivers

Rising Competition: Product Differentiation Through Packaging Products Innovations in Pet Food Packaging Products Growth of the Parent Industry Increase in Pet Population and Pet Care Expenditure Shelf-Life Extension of Feed Stimulating the Demand for Feed Packaging Eco-Sustainability of Raw Materials Used in Packaging Growth in Feed Production and Consumption

Restraints

Need for Greater Technological Understanding Than Required for Other Packaging Forms

Opportunities

Aseptic Packaging in the Feed Industry Seaweed: A Sustainable Material to Replace Plastic Packaging

Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Premium Insights

5. Market Overview

6. Feed Packaging Market, By Type

7. Feed Packaging Market (For Livestock), By Feed Type

8. Feed Packaging Market (For Pets), By Feed Type

9. Feed Packaging Market, By Livestock

10. Feed Packaging Market, By Pets

11. Feed Packaging Market (For Livestock), By Material

12. Feed Packaging Market (For Pets), By Material

13. Feed Packaging Market (For Livestock), By Region

14. Feed Packaging Market (For Pets), By Region

15. Competitive Landscape

16. Company Profiles

ABC Packaging Direct Amcor Limited Constantia Flexibles Group EL Dorado Packaging, Inc. Huhtamki OYJ LC Packaging MNZ Group Mondi Group NPP Group Limited NYP Corp. Plasteuropa Group Proampac Shenzhen Longma Industrial Sonoco Products Company Winpack

For more information about this report visit https://www.researchandmarkets.com/research/dbqj4v/global_feed?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005516/en/

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Related Topics:Animal Feedstuffs,Packaging

KEYWORD:

INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE CONSUMER PETS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/07/2018 03:12 PM/DISC: 12/07/2018 03:12 PM

http://www.businesswire.com/news/home/20181207005516/en

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