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After two years of above-average growth, pet food sales are stabilizing. Slower growth in the pet population is contributing to market-wide slowdowns following pandemic booms. While the category is normalizing, consumers are still willing to invest in their pets. Pet food sales in the U.S. grew from $33.4B in 2018 to $53.2B in 2022 according to Euromonitor International.
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Pet food and pet food packaging have been a dynamic consumer sector in the last several years, and industry experts expect this to continue. Pet food packaging has enjoyed one of the highest compound annual growth rates of any consumer flexible packaging sector in North America since 2010.
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Pouch Rotary Filling Machines Are Ideal for Bulk Packaging for Solids, Liquids, Powders and Granules. Over the past few years, the global bag packaging market has grown consistently, and manufacturers are adopting new and streamlined bag packaging processes. If you’re looking for a more affordable option for large-volume bags, quad seal bags are a great place to start.
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Walk through any pet store and you will see just how popular organic dog and cat food has become. According to petkeen.com, a staggering $22.8 billion was spent on organic pet food in 2020 – a figure that is expected to increase more than 10% by 2026. As pet owners are embracing greener, healthier meals for their pets, they are also looking for a similar level of greenness in their food’s packaging.
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