Global Feed Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2018–2027
“Global Feed Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global feed packaging market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. Global feed packaging market report has been segmented on the basis of pet, livestock, packaging type, feed type, material, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our researchers have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Feed packaging refers to packaging of food consumed by animals or pets. Feed packaging material prevent food from contamination and preserve its hygiene value.
Global feed packaging market is expected to register significant growth, owing to increasing demand from pet owners in order to fulfil food requirement of pets and animals. Feed packaging material is available in bulk as well as serve in single a packaging according to demand in the market. Ongoing trend of humanization of pets is expected to fuel demand for pet food and in turn expected to augment growth of the target market. In addition, increasing spending on pets and animals for better feed options is key factor expected to propel growth of the target market over the forecast period. Increasing demand from small and middle scale livestock fosters for stock extension of feed is another factor expected to support revenue growth of the target market. Moreover, innovation in pet food products and increasing competition among feed product manufacturers in the global feed packaging market is expected to fuel growth of the target market. In addition, increasing demand for premium livestock products and increasing production of feed and feed additives are among key factors expected to propel growth of the global feed packaging market.
However, stringent government regulations regarding usage of plastic materials is a major factor expected to hamper growth of the target market. In addition, increasing demand for eco-friendly packaging solutions is expected to hinder growth of the global feed packaging market to a certain extent.
Market in Asia Pacific is estimated to register significant growth, owing to extensive growth of feed packaging industry in countries in this region. In addition, increasing feed production is expected to fuel demand for feed packaging which in turn expected to drive growth of target market in the countries in region. Emerging countries in Asia such as Vietnam, Thailand, and India has relatively small and poor infrastructure for storage of feed, thus farmers prefer to purchase feed in woven bags which enables bulk storage without wastage of feed, which in turn expected to support revenue growth of the target market. In addition, ongoing R&D activities in the packaging industry is another factor expected to propel regional growth of the target market. Rising demand for dairy and milk-based products has led to increase production of feed, which in turn expected to drive growth of the feed packaging market in the region. Increasing consumption of meat and dairy products and international export and import activities in emerging countries such as India and China is key factor expected to drive growth of the target market.
Segmentation and Key Players Operating in Global Feed Packaging Market:
Segmentation by packaging type:
Segmentation by feed type (for pets):
- Pet Treats
- Chilled & Frozen
Segmentation by material (for pets):
- Low-Density Polyethylene (LDPE)
- High-Density Polyethylene (HDPE)
- Polypropylene (PP)
- Others (Glass, Wood, and Cotton)
Segmentation by material (for livestock):
- Others (Cotton and Polyesters)
Segmentation by feed type (for livestock):
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- LC Packaging
- EL Dorado Packaging, Inc.
- NPP Group Limited
- Plasteuropa Group
- NYP Corp.
- ABC Packaging Direct
- Shenzhen Longma Industrial Co., Limited
- Amcor Limited
- Mondi Plc
- ProAmpac LLC
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