- Dog and cat food packaging is predicted to see a volume CAGR of 3% over the forecast period to reach 6.2 billion units in 2021. This performance will be lower than that seen over the review period, mainly due to factors such as greater awareness among pet owners of the health risks associated with excess weight among their animals, and a consequent reduction in portion sizes, coupled with a desire to reduce expenditure on pet food.
- Flexible packaging in cat treats is expected to see strong growth over the forecast period, with a volume CAGR of 9%. The popularity of cat treats along with the increasing range of choice in small pouch packaging formats will contribute to this trend.
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