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Pet Food Contract Packaging Aid in Pet Food Growth

A new report from PMMI Business Intelligence tracks drivers in pet food market. Dog and cat food manufacturers require more versatile machinery and scalability to meet future demand, as well as co-packers and manufacturers to control capital expenditures.

The 'humanization' of our pets (seeking the fresh and natural ingredients you want for yourself) is a trend driving new product and packaging formats.
The "humanization" of our pets (seeking the fresh and natural ingredients you want for yourself) is a trend driving new product and packaging formats.
Getty Imges

In the U.S., the Cat and Dog segments represent 95% of the pet food market. Their share is expected to keep growing until 2024, increasing their dominance over “Other Pet” foods

Other pets, like fish, represent a tiny fraction of the market whose share projects a decline.

Major players in the U.S. include Mars Petcare, Nestle Purina, JM Smucker, Hill’s Pet and Diamond Pet Foods.

North America is expected to hold its lock on 39 percent of the global pet food market through 2024. Africa, with only five percent of the current market, will see compound annual growth rate in sales of 14 percent. It could overtake Europe, which will only grow at four percent.

Packaging World: Pet food pack par excellence

In the U.S, manufacturers are relying more on pet food contract manufacturing and pet food contract packaging to remain competitive. According to the report, co-packers have been merging over the last five years. The reason is to address the shifting needs of food and beverage companies of all sizes, by:

  • Obtaining additional and diverse pieces of equipment
  • Balancing automated production with auxiliary manual labor
  • Further minimizing brand owner capitalization of new equipment

The pet food contract packaging sector represent a strategic point-of-entry to serve large brand owners and increase notoriety among smaller & growing brand owners.

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