Thursday, 22 November 2018

Insights into Pet Food Packaging Market and It’s Growth Outlook To 2025


22th November, 2018- Pet Food Packaging Market has come into its own due to growing adoption of pets and an increased spending on pet foods. Hence pet food packaging is witnessing an ecstatic market due to domestication of dogs and double income- no children family tree and growing nuclear families. Segmentation of pet food packaging industry by packaging material include paper and paperboard, flexible plastic, rigid plastic, and metal. Currently markets are shifting gears proving great innovation in pet food products and coupled with negligible resistance displayed by pet owners in spending on pet food products, markets are correcting and growth in pet food packaging is projected. Attractive packaging vectors adopted by rival manufacturers lay foundation for growth in pet food packaging industry. Sustenance of packaging variants is key to growth of pet food packaging industry.



Rising disposable incomes and humanization of pets are proving turning points in growth of pet food packaging industry. Segmentation by packaging types comprises bags, cans, pouches and bags/cartons. By food type, classification of pet food packaging industry comprises dry, wet and chilled. Segmentation of pet food packaging market by animal type includes dog food, cat food, fish food, bird food and others. Segmentation of pet food packaging industry by region includes North America, Europe, Asia pacific, MEA and Latin America. Fish by-products signify large growth in pet food packaging industry as highly digestible wet dog food by food type segment. The pouches segment by packaging type displays maximum growth in pet food packaging market for forecast period. North America currently holds prominent position in pet food packaging industry with market capitalization of 39.4%. Europe and Asia Pacific regions rake in second and third places respectively in pet foods packaging market.

Packaging additions of pet food avoids contamination and prolongs freshness in food content by prevention of oxidization and moisture and displaying resistance to odor and greasing in pet food. Pet food finds easy access in metals, cans and pouches. Base material used in packaging particulars includes plastics and laminates, steel and aluminum. Plastics also find expression in pet food packaging industry enhanced by superior barrier and food preservation properties. Plastics also offer superior durability in comparison to other pet food packaging components. Imaginative packaging expressions such as single-serve flip open and zipper flaps add to customer appeal in pet food packaging market. Pet food packaging industry exhibits restraints in market growth owing to unfavorably high costs of pet foods.


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