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Pet Food Packaging Market Projected to Surpass $12.5 Billion by 2025

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Pet Food Packaging Market Projected to Surpass $12.5 Billion by 2025

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  1. Pet Food Packaging Market worth $12.5 Billion by 2025- Exclusive Report by MarketsandMarkets™ The report "Pet Food Packaging Market by Material Type (Paper & Paperboard, Plastic, Metal), Packaging Form (Bags, Cans, Pouches, Boxes/Cartons), Food Type (Dry Food, Wet Food, Pet Treats), Animal Type (Dog, Cat, Fish, Bird), Region - Global Forecast to 2025" The global pet food packaging market size is projected to grow from USD 10.2 billion in 2020 to USD 12.5 billion by 2025, at a CAGR of 4.2% from 2020 to 2025. The market is expected to grow in tandem with the growth of the pet food industry across the globe. An increase in the number of pet adoptions is resulting in higher consumption of pet food. Innovations in packaging, simple and convenient packaging designs, innovation in packaging will boost the demand for pet food packaging. Request a Report Sample to Gain Comprehensive Insights at https://www.marketsandmarkets.com/requestsampleNew.asp?id=150550375 In terms of value and volume, bags is estimated to lead the pet food packaging market in 2019. Bags, by packaging form, led the pet food packaging industry in 2019, in terms of value and volume. The application of bags in pet food packaging is largest due to ease of handling and low cost of production. Multiple applications of bags made from different materials like paper, plastic, and others offer a wide range of applications in the pet food packaging market. In terms of value and volume, dry food is estimated to lead the pet food packaging industry in 2019.

  2. Dry food, by food type, led the pet food packaging market in 2019, in terms of value and volume. It is the most prominent type of feed consumed. Dry food causes fewer spillages and can be cleared easily. It is easier to handle dry food than wet food, which has a strong smell. Get the Latest Version of the Report and be ahead of Your Competitors at https://www.marketsandmarkets.com/RequestNewVersion.asp?id=150550375 In terms of value and volume, dog food is estimated to lead the pet food packaging industry in 2019. Dog food, by animal type, led the pet food packaging market in 2019, in terms of value and volume. Dog food consumption is rising due to the higher adoption of dogs. The dog food industry is a huge market with pet food manufacturers spending a significant amount on advertising trying to convince consumers by offering the best products. North America is projected to account for the largest share in the pet food packaging industry during the forecast period. The North America region is projected to lead the pet food packaging market, in terms of both value and volume from 2020 to 2025. Increase in demand for pet food due to factors such as convenient and straightforward design, innovations in the packaging designs, and boost in demand for pet food due to growing affection for pets are expected to drive the market for pet food packaging in the North America region For any Queries Linked with the Report, Ask an Analyst at https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=150550375 Amcor Plc (Australia), Mondi Plc (South Africa), Sonoco Products Company (U.S.), Constantia Flexibles (Austria), and Huhtamaki OYJ (Finland) are the key players operating in the pet food packaging market. Expansions, acquisitions, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the pet food packaging industry. About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430

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