Global Feed Packaging Market

Global Feed Packaging Market Size, Share, Growth Analysis, By Type(Flexible, Rigid), By Feed Type(Dry, Wet), By Animal Type(Poultry, Ruminants), By Material Type(Plastic, Paper) - Industry Forecast 2023-2030


Report ID: SQSG30C2033 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 122 | Figures: 77

Global Feed Packaging Market Insights

Feed Packaging Market size was valued at USD 16.9 billion in 2021 and is poised to grow from USD 17.8 billion in 2022 to USD 27.22 billion by 2030, growing at a CAGR of 5.2% in the forecast period (2023-2030).

Packaging refers to materials used to wrap and safeguard products. As it offers tamper resistance in addition to meeting physical, chemical, and biological requirements, feed packaging is used to pack feed. Facts regarding the nutritional value of packaged items and other details about the feed being supplied are included on the packaging labels. The market for feed packaging is expanding as a result of an increase in the number of pets and pet care expenses. Additionally, the ability of feed packaging to increase the shelf life of feed contributes to the market's expansion. Government restrictions on the use of plastic and rising consumer demand for environmentally friendly packaging, however, are limiting industry expansion. Aseptic packaging is anticipated to accelerate expansion in the feed business.

Along with meeting the feed's biological, chemical, and physical needs, feed packaging also provides tamper resistance. The demand for and expansion of the feed packaging market are mostly being driven by the increase in competition, innovation, and product differentiation in pet food packaging products.

Additionally, it is anticipated that the feed packaging market would experience lucrative expansion throughout the course of the forecast period as a result of feed ingredients and the rising use of numerous liquid additives.

US Feed Packaging Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 16.9 billion

Largest Segment

Flexible

Fastest Growth

Flexible

Growth Rate

5.2% CAGR

Global Feed Packaging Market 2021-2028 ($ Mn)
Country Share for Asia PacificRegion- 2021 (%)
Global Feed Packaging Market Size by Type 2021-2028 ($ Mn)
Global Feed Packaging Market Size by Type 2021-2028 (%)

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Global Feed Packaging Market Segmental Analysis

The Global Feed Packaging Market is segmented based on type, feed type, animal type, material type, region. Based on the type, the market is segmented into flexible and rigid. Based on the feed type, the market is segmented into dry, wet, and chilled & frozen. Based on the animal type, the market is segmented into poultry, ruminants, swine, aquaculture, others. Based on the material type, the market is segmented into plastic, paper and paperboard, metal, glass, others. Based on the region it is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Feed Packaging Market Analysis by Animal Type

Based on the animal type, the market is segmented into poultry, ruminants, swine, aquaculture, others. The rise in innovations, the prevalence of pet ownership, and the development of a variety of pet food packaging types are the primary factors driving the market for feed packaging. Over the course of the forecast period, rising consumer feed consumption in the poultry segment is projected to present opportunities for the feed packaging market.

Feed Packaging Market Analysis by Feed Type

Based on the feed type, the market is segmented into dry, wet, and chilled & frozen. The dry feed type segment of the market is projected to hold the most substantial share in the market. For dry feed types, feed packaging is frequently utilized for livestock. Dry feed is offered in pellet, powder, crumble, cube, and cake form. Globally, it is manufactured and eaten in vast quantities. Due to its simplicity in use, storage, and transportation, the majority of feed manufacturers in the market offer their products in the dry form. Additionally, dry feed is frequently utilized in animal diets since it is more cost-effective than wet feed. These elements are thought to help the segment increase its market share.

Global Feed Packaging Market By Type, 2021 (%), 2021 (%)

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Global Feed Packaging Market Regional Insights

The Asia Pacific accounted for the largest market share and is expected to remain the leading consumer of Feed Packaging in the coming years. The heavy reliance on animal-based food products in dietary patterns in developing countries in the Asia Pacific is a major driving force. The production and packing of feed is undergoing the greatest advancements in the region. The demand for meat and dairy products is expected to rise as a result of the region's strong economic expansion, notably in nations like China, India, Japan, and Thailand for both local consumption and exports. The region's production of feed has increased as a result of the rising demand for meat and dairy products. These factors have raised the use of packaging, and from 2022 to 2028, the livestock feed packaging market is anticipated to rise strongly.

In addition, developing nations in Asia like India, Thailand, and Vietnam have much smaller livestock farms than developed nations do, and their infrastructure for storing feed is subpar. Farmers like to purchase feed in woven bags (25 to 50 kg) due to these reasons since it minimizes spoiling. Further encouraging the livestock farmers to purchase well-packaged feed are the expanding animal husbandry methods, rising clean label product awareness, and rising demand for livestock products. The market for packaging livestock feed in the area is anticipated to increase as a result of these factors.

Global Feed Packaging Market By Geography, 2021 - 2028, 2023-2030
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  • Fastest

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Global Feed Packaging Market Dynamics

Feed Packaging Market Driver

  • A significant increase in demand from pet owners to meet the dietary requirements of wildlife and pets is expected to drive the worldwide feed packaging market. Pet humanization is a growing trend, and it is anticipated to increase demand for feed packaging. The market for feed packaging is expanding as a result of rising pet care costs and pet ownership rates. In addition, the major function of feed packaging is to increase the shelf life of feed.
  • Due to product innovation in the animal feed industry and heightened competition among feed product producers in the global feed packaging market, the target market is anticipated to expand. The market for feed packaging is anticipated to rise as a result of rising premium livestock product demand as well as rising feed and feed additive production.

Feed Packaging Market Restraint

  • While addressing packaging difficulties will be a key challenge for the expansion of the feed packaging industry, the growing requirement for deeper technological understanding for various packaging types may hinder market progress during the projection period.

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Global Feed Packaging Market Competitive Landscape

The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.

Feed Packaging Market Top Players' Company Profiles

  • Mondi Group
  • Amcor
  • Huhtamaki Group
  • Sonoco Products Company
  • Berry Global, Inc.
  • Smurfit Kappa Group
  • Coveris Holdings S.A.
  • Constantia Flexibles Group
  • Sealed Air Corporation
  • ProAmpac LLC
  • Bemis Company, Inc.
  • Winpak Ltd.
  • AptarGroup, Inc.
  • Printpack, Inc.
  • Goglio S.p.A.
  • Mondipack S.A.
  • DS Smith Plc
  • Pregis LLC
  • Schur Flexibles Group
  • Nippon Paper Industries Co., Ltd.

Global Feed Packaging Key Market Trends

  • Increased adoption of flexible packaging solutions will create ample opportunities for the global market growth in the upcoming years. Plastic is a common material used in flexible packaging, which is crucial to the feed packaging industry. The leading competitors are adopting flexible packaging for the product to boost sales in the anticipated term due to rising demand for single-serve pet food, easy packaging, online pet food, and more.

Global Feed Packaging Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per our analysis, based on the type, the flexible packaging segment is projected to hold the most substantial share in the market. Based on the feed type, the dry feed segment is projected to hold the most substantial share in the market. Based on animal type, the poultry segment market is projected to hold the most substantial share in the market. Based on the material type, the plastic segment is projected to hold the most substantial share in the market. Whereas, based on the region, the Asia-Pacific region is projected to hold the most substantial share in the market.

Report Metric Details
Market size value in 2021 USD 16.9 billion
Market size value in 2030 USD 27.22 billion
Growth Rate 5.2%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Flexible, Rigid
  • Feed Type
    • Dry, Wet, Chilled & frozen
  • Animal Type
    • Poultry, Ruminants, Swine, Aquaculture, Others
  • Material Type
    • Plastic, Paper, Paperboard, Metal, Glass, Jute, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Mondi Group
  • Amcor
  • Huhtamaki Group
  • Sonoco Products Company
  • Berry Global, Inc.
  • Smurfit Kappa Group
  • Coveris Holdings S.A.
  • Constantia Flexibles Group
  • Sealed Air Corporation
  • ProAmpac LLC
  • Bemis Company, Inc.
  • Winpak Ltd.
  • AptarGroup, Inc.
  • Printpack, Inc.
  • Goglio S.p.A.
  • Mondipack S.A.
  • DS Smith Plc
  • Pregis LLC
  • Schur Flexibles Group
  • Nippon Paper Industries Co., Ltd.
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Feed Packaging Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Feed Packaging Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Feed Packaging Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Feed Packaging Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Feed Packaging Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Feed Packaging Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Feed Packaging Market size was valued at USD 16.9 billion in 2021 and is poised to grow from USD 17.8 billion in 2022 to USD 27.22 billion by 2030, growing at a CAGR of 5.2% in the forecast period (2023-2030).

The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions. 'Mondi Group', 'Amcor', 'Huhtamaki Group', 'Sonoco Products Company', 'Berry Global, Inc.', 'Smurfit Kappa Group', 'Coveris Holdings S.A.', 'Constantia Flexibles Group', 'Sealed Air Corporation', 'ProAmpac LLC', 'Bemis Company, Inc.', 'Winpak Ltd.', 'AptarGroup, Inc.', 'Printpack, Inc.', 'Goglio S.p.A.', 'Mondipack S.A.', 'DS Smith Plc', 'Pregis LLC', 'Schur Flexibles Group', 'Nippon Paper Industries Co., Ltd.'

A significant increase in demand from pet owners to meet the dietary requirements of wildlife and pets is expected to drive the worldwide feed packaging market. Pet humanization is a growing trend, and it is anticipated to increase demand for feed packaging. The market for feed packaging is expanding as a result of rising pet care costs and pet ownership rates. In addition, the major function of feed packaging is to increase the shelf life of feed.

Increased adoption of flexible packaging solutions will create ample opportunities for the global market growth in the upcoming years. Plastic is a common material used in flexible packaging, which is crucial to the feed packaging industry. The leading competitors are adopting flexible packaging for the product to boost sales in the anticipated term due to rising demand for single-serve pet food, easy packaging, online pet food, and more.

The Asia Pacific accounted for the largest market share and is expected to remain the leading consumer of Feed Packaging in the coming years. The heavy reliance on animal-based food products in dietary patterns in developing countries in the Asia Pacific is a major driving force. The production and packing of feed is undergoing the greatest advancements in the region. The demand for meat and dairy products is expected to rise as a result of the region's strong economic expansion, notably in nations like China, India, Japan, and Thailand for both local consumption and exports. The region's production of feed has increased as a result of the rising demand for meat and dairy products. These factors have raised the use of packaging, and from 2022 to 2028, the livestock feed packaging market is anticipated to rise strongly.

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Global Feed Packaging Market

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