North America Pet Food Packaging Market Size, CAGR, Trends and forecast to 2023Posted by sagark on November 4th, 2019 North America Pet Food Packaging Market Overview Growing adoption of pets, modification in packaging, and rising disposable income of pet owners are prime factors driving the pet food packaging market over the assessment period. On the other hand, stringent pet food regulations are likely to hinder the market in the review period. Moreover, the growing awareness about animal welfare, rising prevalence of animal cruelty, and lack of funding has increased the adoption rate in the region, along with the growing trend of ‘adopt, don’t shop’, which encourages consumers to adopt pets from animal shelters and non-government organizations for animals, instead of buying a pet. These trends are expected to create a consequential effect on the north American pet food packaging market over the review period. According to the analysis of market research future (MRFR), the North American pet food packaging market is estimated to reach a substantial market valuation at a moderate 5.26% CAGR over the review period. Request Free Sample @ https://www.marketresearchfuture.com/sample_request/5951 Key Players The prominent players identified by MRFR in the North America pet food packaging market include
Regional Analysis Regionally, the North America pet food packaging market has been segmented into countries such as Canada, the U.S., and Mexico. The U.S. is the biggest market for pet food packaging in North America. The country has seen growing pet adoption followed by opening of different care centers, and adoption units. Moreover, there is a concentration of numerous pet food manufacturing organizations, along with parallel packaging businesses. The market in North America is predicted to witness 5.34% CAGR during the forecast period. Canada has observed rising disposable income among pet owners. due to the increasing awareness regarding animal brutality and euthanization, there is an observable changing pattern in pet appropriation. This is estimated to drive the market for pet food packaging in the country over the review period. Access Full Report With Table Of Content @ https://www.marketresearchfuture.com/reports/north-america-pet-food-packaging-market-5951 Segmental Analysis The market for North America Pet Food Packaging has been segmented based on packaging material, food type, product, animal type, and country. Based on packaging material, the market has been segmented into plastic, paper & paperboard, and others. Plastic packaging dominates the market in North America. It is one of the most broadly used materials used for packaging across various end-use industries. Plastic in the form of HDPE, PVC, PET, and others is used largely in the pet food packaging market. The material offers great barrier, cost-effective, heat resistance, and long-lasting packaging options. Based on the product, the market has been segmented into metal cans, bags, boxes, & cartons, and others. Based on animal type, the market has been segmented into cat, dog, fish, and others. Dog segment holds the most notable market share owing to more preference for dogs during pet adoption. Factors such as the increasing pet adoption and the rise in the expenditure by pet owners on pet food products are anticipated to drive the dog food packaging market over the review period. Based on food type, the market has been segmented into pet snacks, pet treats, small pet food, and cat litter. Pet snacks segment accounts for the maximum share in the market of North America. Majority of pet owners and pet lovers are concerned about proper nourishment their pets deserve. It is because of this factor that the segment has observed growth in earlier years, and comparable results are estimated in the forecast period. Like it? Share it! More by this author |