Sarasota, FL -- (SBWIRE) -- 01/24/2019 -- Global Feed Packaging Market: Overview

Feed packaging offers protection and tampering resistance along with physical, chemical, and biological requirements for feed. Furthermore, the packaging labels may include facts about the nutritional contents of feed as well as other information about the feed that is offered for sale. In fact, the feed packaging offers physical protection, security, containment, information, and barrier protection to the feed. It also helps in promotional & marketing activities of feed and adds to the convenience in distribution & handling, display, use, and reuse of the feed products.

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Global Feed Packaging Market: Growth Factors

Growing competition, product differentiation in packaging products, and massive innovations in pet food packaging products are likely to steer feed packaging market growth in the years ahead. However, the need for greater technological understanding for other packaging forms can impede market growth in the years ahead. Nevertheless, massive need for improving the shelf-life of wet food products without impacting the nutrient value as well as palatability of the products is anticipated to steer the feed packaging market demand in the ensuing years.

In addition, escalating use of myriad liquid additives as well as ingredients in the feed is projected to produce lucrative growth avenues for feed packaging market in the forthcoming years. Growing trend of flexible packaging as a result of its convenience and effective use in distribution channel is anticipated to accelerate the growth rate of feed packaging market in the years ahead.

Global Feed Packaging Market: Segmentation

The global feed packaging market can be divided based on pet, livestock, type, feed type, material, and end-user. Based on pet, the market is sectored into dogs, birds, fish, and cats. On the basis of livestock, the market is segmented into poultry, swine, and ruminants. Based on the packaging types, the feed packaging market is segmented into flexible and rigid packaging. Feed type wise, the market is divided into dry, pet treats, chilled & frozen, and wet types.

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Global Feed Packaging Market: Regional Analysis

Based on regions, the global feed packaging market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is likely to dominate global feed packaging market in terms of revenue. The region is experiencing rapid growth in the feed production and packaging. Furthermore, rampant economic development in the region has generated lucrative demand for meat and dairy products which is projected to increase in countries such as China, India, Japan, and Thailand in terms of both regional consumption as well as exports. This, in turn, is anticipated to result in an enhanced feed production across the region. Furthermore, launching of new products catering to the myriad health needs of pets is predicted to steer the expansion of feed packaging market in the years to come. Moreover, growing preference for packaging services such as small pouches and escalating end-user demand for innovative products will further steer the feed packaging market trends in APAC.

North America, Latin America, and European markets have lucrative growth potential.

Global Feed Packaging Market: Competitive Players

Some of the most prominent players of feed packaging across the world include LC Packaging, El Dorado Packaging Inc., NPP Group Limited, Plasteuropa Group, NYP Corp., ABC Packaging Direct, Shenzhen Longma Industrial Co., Limited (China); Amcor Limited, Mondi Group, Sonoco Products Company, Winpak Ltd., NNZ Group, Constantia Flexible Group, and Huhtamäki Oyj.

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Global Feed Packaging Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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