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,packaging of pet
food 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.
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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.
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& Beverages
Markets:
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.
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.
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analyzed under this research report include
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Asia
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Europe
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