Global Livestock Feed Packaging Market, By Farm Animal (Cattle, Sheep, Pigs, Goats, Horses, Donkeys, Mules, Others), Type (Flexible, Rigid), Feed Type (Dry, Pet Treats, Chilled and Frozen, Wet), Material (Plastics, Paper and Paperboards, Metal, Others)– Industry Trends and Forecast to 2029
Market Analysis and Size
The increasing levels of livestock production are among the main factors driving the livestock feed packaging market. Moreover, the extensive product adoption as a source of nutrition and energy to support muscular activity and sustain life processes in the livestock which upsurge the growth of livestock feed packaging market. Besides this, the growing consumer awareness of the several health benefits of algae-based ingredients in livestock feed is another significant growth-inducing factor. Apart from this, the introduction of non-genetically modified organism (non-gmo) crops to meet the expanding demand for all-natural food sources is projected to fuel the livestock feed packaging market during forecasted period.
Data Bridge Market Research analyses that the livestock feed packaging market was valued at USD 12871.00 million 2021 and is expected to reach USD 19752.95 million by 2029, registering a CAGR of 5.50 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Livestock feed packaging is broadly used for dry feed type. This is available in crumbles, cubes, pellets, powder, and cakes. It is a mostly consumed and produced. It is produced by combining items with large nutritional, such as straw, oils, sprouted grains, silage, hay, legumes, etc. Additionally, livestock feed is rich in carbohydrates, minerals, enzymes, fibres, proteins, acidifiers, antibiotics, antioxidants, and among others.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Farm Animal (Cattle, Sheep, Pigs, Goats, Horses, Donkeys, Mules, Others), Type (Flexible, Rigid), Feed Type (Dry, Pet Treats, Chilled and Frozen, Wet), Material (Plastics, Paper and Paperboards, Metal, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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El Dorado Packaging (US), Flexible Packaging Europe (FPE) (Europe), ABC Packaging Direct (US), Mondi (UK), Amcor plc (Switzerland), ProAmpac (US), Huhtamaki (Finland), Constantia Flexibles (Austria), Winpak Ltd.(Canada), LC Packaging (Netherlands), NPP (Ireland), Plasteuropa Group (UK), NYP Corp. (US), Shenzhen Longma Industrial Co., Limited (China), Sonoco Products Company (US), Winpak Ltd., (Canada), NNZ Group ( Netherlands), and Huhtamäki (Finland)
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Market Opportunities
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Livestock Feed Packaging Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rise in demand due to increase the use of wet food
The livestock feed packaging market has been characterised as wet and dry. The growing use of various liquid feed ingredients and additives in the feed, wet feed is anticipated to produce significant demand for livestock feed packaging in the market.
- Increasing awareness about health benefits
Growing awareness about the health aids of algae-based ingredients in livestock feed is another major factor which is driving the growth of the livestock feed packaging market. Microalgae plays an essential role in enriching animal feed with nutrients for the primary varying phases of the livestock.
- Rise the demand of woven and jute bags for packaging
Farmers choose to buy the feed in jute bags and woven bags which allows the bulk storage without any wastage of feed, which is driving the demand for the livestock feed packaging market.
Opportunities
The livestock packaging market are started some initiatives to deliver innovative packaging solutions that would help in enhancing the shelf-life of wet food without compromising on its palatability and nutrients. This is anticipated to contribute to the development of the livestock packaging market in the forthcoming years. Increasing consumption of feed in this segment by consumers are expected to generate possible opportunity for livestock feed packaging market during forecast period.
Restraints/ Challenges
The single-use plastic has been barred by the government overall the world. Due to the use of plastic material for the manufacturing of livestock feed can harmful for the environment. Consumers are worrying to use of plastic material for packaging the product which is restraining the growth of the livestock feed packaging market. Another restrictive factor is bulk procuring of a product as the livestock feed packaging, which comes in small quantity. Consumers have started buying the product in bulk, limiting the demand of the livestock feed packaging market. These are the major market restrains that will obstruct the market's growth rate.
This livestock feed packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the livestock feed packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Livestock Feed Packaging Market
The outbreak of the coronavirus disease is estimated to have a restrained negative impact on the market growth of livestock packaging during forecast period which severely impacted the disruption in the supply chain activities due to trade limitations across worldwide. Moreover, a major shrinkage in the meat intake due to rising health concerns during pandemic and others caused a slump in the food services segment in several parts of the world which negatively affect the growth of the packaging market. . However, strong market recovery is expected in the upcoming years with restrictions being improved off in several countries is further driving the demand for livestock feed packaging market
Global Livestock Feed Packaging Market Scope
The livestock feed packaging market is segmented on the basis of farm animals, type, feed type and material. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Farm Animal
- Cattle
- Sheep
- Pigs
- Goats
- Horses
- Donkeys
- Mules
- Others
Type
- Flexible
- Rigid
Feed Type
- Dry
- Pet Treats
- Chilled and Frozen
- Wet
Material
- Plastics
- Paper and Paperboards
- Metal
- Others
Livestock Feed Packaging Market Regional Analysis/Insights
The livestock feed packaging market is analysed and market size insights and trends are provided by country, farm animals, type, feed type and material as referenced above.
The countries covered in the livestock feed packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the livestock feed packaging market in terms of market share and revenue and during the forecast period of 2022 to 2029. This is due to the increasing demand for livestock feed packaging in this region. The Asia-Pacific region dominates the livestock feed packaging market, with India leading the way in terms of production and consumption livestock feed. Due of the ease of producing livestock feed packaging, India is leading the Asia-Pacific market.
During the projected period, North America is expected to be the fastest developing region due to the increasing demand of livestock feed in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Livestock Feed Packaging Market Share Analysis
The livestock feed packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to livestock feed packaging market.
Some of the major players operating in the livestock feed packaging market are:
- El Dorado Packaging (US)
- Flexible Packaging Europe (FPE) (Europe)
- ABC Packaging Direct (US)
- Mondi (UK)
- Amcor plc (Switzerland)
- ProAmpac (US)
- Huhtamaki (Finland)
- Constantia Flexibles (Austria)
- Winpak Ltd. (Canada)
- LC Packaging (Netherlands)
- NPP (Ireland)
- Plasteuropa Group (UK)
- NYP Corp. (US)
- Shenzhen Longma Industrial Co., Limited (China)
- Sonoco Products Company (US)
- Winpak Ltd., (Canada)
- NNZ Group (Netherlands)
- Huhtamäki (Finland)
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