Feed Packaging Market by Pet, Livestock, Type, Feed Type, Material, and Region - 2023 - PowerPoint PPT Presentation

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Feed Packaging Market by Pet, Livestock, Type, Feed Type, Material, and Region - 2023


Feed Packaging Market report categorizes the global market by Type (Flexible and Rigid), Feed Type (Dry, Wet, Pet Treats, and Chilled & Frozen), Material, Pet (Dogs, Cats, Fish, and Birds), Livestock (Poultry, Ruminants, and Swine), and Region – PowerPoint PPT presentation

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Title: Feed Packaging Market by Pet, Livestock, Type, Feed Type, Material, and Region - 2023

MarketsandMarkets Presents
Feed Packaging Market by Livestock, Feed Type,
and Region - 2023
The feed packaging market 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. This is
attributed to the feeding of traditional dry
farms leftover to the livestock in the developing
regions. However, with the growing demand for
quality livestock products and the increasing
production of feed and feed additives, this
market is expected to grow at a higher rate in
the coming years. Asia Pacific is projected to
account for the largest market share during the
forecast period. Asia Pacific is the major
revenue generating region, in the feed packaging
market (for livestock). The region is
experiencing maximum developments in the feed
production and packaging. With the rapid economic
growth in the region, the demand for meat and
dairy products is projected to increase,
particularly in countries such as China, India,
Japan, and Thailand for both domestic consumption
as well as exports. This growing demand for meat
and dairy products has led to an increase in feed
production in the region. Due to these factors,
the application of packaging has increased, and
the livestock feed packaging market is projected
to witness a healthy growth from 2018 to
2023. In addition, unlike developed countries,
the livestock farm size in developing countries
of Asia, including India, Thailand, and Vietnam,
is quite small and the infrastructure for feed
storage is poor. Due to these factors, farmers
prefer buying feed in woven bags (25 to 50 kgs),
as it prevents spoilage. Further, the growing
animal husbandry practices, increasing awareness
about the clean label products, and the growing
demand for livestock products has encouraged the
livestock rearers to buy well-packaged feed.
These factors are expected to drive the growth of
the livestock feed packaging market in the
region. Download PDF Brochure
  • Secondary Research
  • In the secondary research process, various
    sources were referred to, so as to identify and
    collect information for this study. These
    secondary sources included reports from the
    American Feed Industry Association (AFIA),
    European Feed Manufacturers' Federation (FEFAC),
    and EU Association of Specialty Feed Ingredients
    and their Mixtures (FEFANA) annual reports
    press releases investor presentations of
    companies white papers certified publications
    articles by recognized authors, packaging safety
    regulations, feed safety organizations,
    regulatory bodies, trade directories, and
  • Primary Research
  • The overall feed packaging market comprises
    several stakeholders such as feed traders and
    distributors, pet food traders and distributors,
    animal feed and packaging regulatory bodies,
    manufacturers of feed packaging, manufacturers of
    pet food packaging, pet food packaging material
    distributors/suppliers, livestock feed packaging
    material distributors/suppliers, technology
    providers to feed packaging companies,
    environmental protection bodies, and regulatory
    bodies in the supply chain. The demand side of
    this market is characterized by the development
    of the feed industries, the rise in livestock
    population, and an increase in pet adoption and
    humanization. The supply side is characterized by
    advancements in technology. Various primary
    sources from both the supply and demand sides of
    the overall market were interviewed to obtain
    qualitative and quantitative information.
  • Make an Inquiry https//www.marketsandmarkets.com

By livestock type, the poultry segment is
projected to be the largest contributor to the
feed packaging market (for livestock) during the
forecast period. The estimated largest market
share of poultry feed is attributed to the
large-scale production of poultry feed. The
large-scale production of poultry feed is a
result of its large-scale consumption, as, unlike
beef and pork, it is devoid of religious
concerns. Thus, the production of poultry for
meat is projected to dominate and account for
more than half the growth of all the additional
meat produced by 2025. Such rapid growth in
poultry meat production is expected to further
fuel the demand for superior-quality feed and
feed additives, thereby propelling the market for
livestock feed packaging. The dry feed type
segment is projected to account for a larger
market share during the forecast period. Feed
packaging (for livestock) is widely used for dry
feed type. Dry feed is available in the form of
pellets, powder, crumbles, cubes, and cakes. It
is a largely produced and consumed, globally.
Most feed manufacturers in the market offer their
products in the dry form due to its ease of
usage, storage, and transportation. Moreover, dry
feed is widely used in animal diets, as it is
affordable in comparison with wet feed. Due to
these factors, the segment is estimated to
acquire a larger market share in 2018. On the
other hand, feed packaging market (for pets), by
feed type, is estimated to be dominated by the
dry segment, in 2018, due to factors such as
economical prices and product durability of dry
pet feed as compared to other pet feed
type. Request Sample https//www.marketsandmarke
Key Market Players The major vendors in the
global feed packaging market are LC Packaging
(Netherlands) El Dorado Packaging Inc., (US)
NPP Group Limited (Ireland) Plasteuropa Group
(UK) NYP Corp. (US) ABC Packaging Direct (US)
Shenzhen Longma Industrial Co., Limited (China)
Amcor Limited (Australia) Mondi Group (Austria)
ProAmpac (US) Sonoco Products Company (US)
Winpak Ltd., (Canada) NNZ Group (the
Netherlands) Constantia Flexible Group
(Austria) and Huhtamäki Oyj (Finland). These
players have broad industry coverage and strong
operational and financial strength they have
grown organically and inorganically in the recent
past. The industry players, such as Amcor Ltd.,
among other feed packaging manufacturers, are
focusing on producing sustainable and
environment-friendly packaging solutions.
Moreover, key industry players such as Mondi,
ProAmpac, LC packaging, Amcor Ltd., are adopting
acquisitions as the key strategy to grow in the
feed packaging market. Key Questions addressed
by the report Who are the major market players
in the feed packaging market? What are the
regional growth trends and the largest
revenue-generating regions for feed
packaging? Which are the major regions that are
expected to witness the majority of the growth
for feed packaging? What are the major types of
feed packaging that are expected to gain maximum
market revenue and share during the forecast
period? Which is the major packaging material
that will be accounting for the majority of the
revenue over the forecast period? Speak to
Analyst https//www.marketsandmarkets.com/speakto
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60062 USA 1-888-600-6441 Email
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