Pet Food Packaging Market Will Increase Strongly Through 2023

Millions of households across Europe and the U.S. have at least one pet dog or a cat. The commercial pet food industry has expanded its reach across the globe. It offersvarioustypes of pet foods.Thus, pet food packaging market has become increasingly important for companies looking to capture brand loyalty and market share. Innovative packaging trends such as single-serve, easy open, easy carry, and zipper tops offer convenience in the pet food packaging market. 

The pet food packaging market is driven by an increasein pet adoption across the globe. Additionally, rise in spending on pet food products is expected to augment the demand for pet packaging during the forecast period. However, changes in governmental regulations are anticipated to hamper demand for pet food packaging in the near future. Nonetheless, innovations in pet food packaging are estimated to open new avenues for the market in the next few years.

Get Request Sample of the Report :

http://www.transparencymarketresearch.com/sample/sample.php?flag=b&rep_id=4961

New governmental regulations, arising from the Food Safety Modernization Act (FSMA),are projected to significantly affect the pet food industry in the U.S. in the near future. Manufacturers of pet food are in the midst of evaluating and adjusting their processes and equipment to meet the new guidelines. Companies operating in the pet food market anticipate tighter scrutiny under the FSMA; these companies would have to adhere to the same standards as those adopted for human food. These parameters are likely to have a major impact on the pet food packaging market in the next few years. 

Pet food packaging requires high barrier packaging that can protect the food from oxygen and moisture and resist grease, odor, and tearing. Majority of the pet food is primarily packaged in metal cans, multiwall bags, and pouches. Pouches are the most popular form of pet food packaging. Plastic/laminates and paper are the raw materials used in the manufacture of packaging products. Steel and aluminum are also used in the manufacture of packaging products. Usage of plastic and laminates is increasing at a double digit rate, while that of metals, especially steel, is declining. Usage of paper-based packaging with natural finish is rising due to the emergence of natural and organic pet food. Healthier and specially formulated pet food is often sold in smaller-sized, resealable pouches with greater display capabilities.

Plastics are widely used in pet food packaging, as these offer high barrier properties and are cost-effective and durable. However, demand for biodegradable packaging materials is increasing owing to rising awareness about environmental conservation. This is expected to boost the demand for cellulose over the next six years. Furthermore, cellulose has been superseding other packaging materials, as it is highly durable and offers high aesthetic value and protection from external environmental factors such as sunlight. These factors are likely to contribute significantly to the rising demand for cellulose. This, in turn, is estimated to drive the demand for pet food packaging.

Global manufacturers dominate the pet food market in the U.S. Demand for pet food was the highest in North America in 2013. This trend is projected to continue during the forecast period due to rapid economic development in the region. Demand for pet food packaging is expected to increase significantly in the Rest of the World owing to economic development in countries such as Brazil.

Browse pet food packaging market Report with Full TOC at

http://www.transparencymarketresearch.com/pet-food-packaging-market.html

Some of the major players operating in the pet food packaging market include Amcor Limited, Constantia Flexibles, Huhtamäki OYJ, Ampac Holdings Inc., Bemis Company., Inc., and Mondi plc.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

• North America 
• Asia Pacific 
• Europe
• Middle East and Africa
• Latin America

This report provides comprehensive analysis of 

• Market growth drivers 
• Factors limiting market growth
• Current market trends 
• Market structure
• Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report

• This report provides pin-point analysis for changing competitive dynamics
• It provides a forward looking perspective on different factors driving or restraining market growth 
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
• It provides distinctive graphics and exemplified SWOT analysis of major market segments 

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr.Nachiket

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/