Market Share of U.S Pet Food Packaging Industry
The United States Pet Food Packaging Market is moderately competitive and moving towards the fragmented stage as new players enter the market. The fundamental strategy adopted by the major players includes offering customized products, introducing new packaging formats, and the innovation of new materials, among others. Some of the major players operating in the market include Amcor Plc., American Packaging Corporation, Crown Holdings Inc., and ProAmpac LLC., among others. Some of the recent developments are:
- September 2020 - Amcor, in collaboration with Nestlé, launched the recyclable flexible retort pouch for Pet food. The partners collaborated during the product development process, testing for heat resistance, machine performance, shelf-life, and recyclability in the real world. Flexible retort packaging is a modern alternative to metal cans, and it can improve the carbon footprint of hundreds of consumer products owing to its lightweight, resource efficiency, and ease of transportation.
- March 2020 - TC Transcontinental announced the creation of a Recycling Group within TC Transcontinental Packaging. In 2020, the group intended to purchase equipment to convert flexible plastics recovered from sorting facilities and another commercial, industrial, and agricultural sources into recycled plastic granules. It will also be on the lookout for potential acquisitions of companies in this sector. The establishment of the Recycling Group is expected to contribute to the achievement of TC Transcontinental's objectives as a signatory of the Ellen MacArthur Foundation's New Plastics Economy Global Commitment.
US Pet Food Packaging Market Leaders
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Amcor Plc.
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American Packaging Corporation
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Crown Holdings Inc.
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ProAmpac LLC.
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Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order
