The Global Feed Packaging Market size is expected to grow from USD 18.15 billion in 2022 to USD 26.82 billion by 2030, at a CAGR of 5% during the forecast period (2023-2030). 

Packaging refers to the process of protecting or enclosing products for distribution, sale, storage, and use. Animal feeds play a significant role in the food industry, and are produced in various industrial feed mills or simply in the on-farm mixers. These feeds are usually in various forms such as dried, wet, or chilled, and further require appropriate packaging for future use and transportation. Feed packaging is thus the ultimate solution, as packing feeds and their products safely ensure food safety, enhance animal health and welfare, and increase feed quality. Feed packaging provides tampering resistance along with chemical, biological and physical requirements for feed.

 

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The Major Players in The Feed Packaging Market Include:

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),Huhtamäki Oyj (Finland), and other major players.

Market has segmented the global Feed Packaging Market on the basis of type, application, and region:

The Feed Packaging Market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Animal Type

·         Pets

·         Livestock

By Feed Type

·         Dry

·         Wet

·         Pet treats

·         Chilled & frozen

·         Others

By Material

·         Retail stores

·         Supermarkets/ Hypermarkets

·         Online sales channel

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By Regional Outlook

§  North America (U.S., Canada, Mexico)

§  Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

§  Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

§  Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

§  Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

§  South America (Brazil, Argentina, Rest of SA)

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Covid-19 Impact and Recovery Analysis on Industry:

The COVID-19 pandemic had a strong impact on the packaging industry along with other industries. The sudden emergence of the virus had a negative impact and faster decline in demand for specific packaging types such as feed packaging, further boosting growth for others like e-commerce shipments. COVID-19 also caused a new set of challenges to several packaging companies. Demand for feed packaging and materials used for the same is closely liked to the trend in GDP, and due to the sudden change in supply and demand, the growth of this sector was hampered. Also, owing to the rising safety concerns among the consumers for hygienic and safe packaging, and changing packaging choices, the feed packaging market faced problems during the lockdown and shutdown.

Report covered the major key points:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 7years, along with 5 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

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