Feed Packaging Market: Industry Analysis, Global Trends, and Forecast to 2023
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The Global Feed Packaging Market size is projected to grow from US$ 13.8 Billion in 2018 to US$ 17.8 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The feed packaging market is driven by various factors such as rising competition, product differentiation through packaging products, and innovations in pet food packaging products.
Top Key Players in the “Feed Packaging Market” include 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)
APAC is projected to have the highest growth rate during the forecast period. Emerging economies such as China, Japan, India, and Brazil have favorable market potential for pet food packaging; this has led to pet food manufacturers adopting strategies such as expansions and mergers to cater to the growing demand for product differentiations to provide high-quality packaging finish with effective graphical representation and ingredient and labeling requirements.
Access Complete Report on “Feed Packaging Market by Pet (Dogs, Cats, Fish, and Birds), Livestock (Poultry, Ruminants, and Swine), Type (Flexible and Rigid), Feed Type (Dry, Wet, Pet Treats, and Chilled & Frozen), Material, and Region – Global Forecast to 2023” report at https://www.reportsnreports.com/purchase.aspx?name=1795089 .
The Study Objectives of this report are:
- Identifying and profiling key market players in the livestock feed and pet food packaging markets
- Providing a comparative analysis of the market leaders on the basis of:
- Product offerings
- Business strategies
- Strengths and weaknesses
- Key financials
- Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions
- Providing insights on key innovations and investments in the feed packaging market
- Analyzing the supply chain, products, and regulatory frameworks across regions and their impact on the prominent market players
Research Coverage:
The study covers the feed packaging market across segments. It aims at estimating the market size and its growth potential across different segments such as pet, livestock, type, feed type, material, and region. The study also includes an in-depth competitive analysis of the key players in the market; along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
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Reason to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall feed packaging market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.
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