Pet Food Processing - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Pet Food Processing market is accounted for $4.19 billion in 2018 and is expected to reach $7.07 billion by 2027 growing at a CAGR of 6.0% during the forecast period. Some of the key factors propelling the market growth are rising growth of premiumization across the pet food category and order for extruded products. However, depreciating processing capability of kit is the restraining factor for the growth of the market.
Pet foodstuff is plant or animal material intended for consumption by pets in general sold in pet preserve and super markets; it is usually specific to the type of animal, such as dog food or cat food. Most meat used for nonhuman animals is a by product of the human food industry, and is not regarded as human grade
By application, dog food segment is expected to grow at the significant market share during the forecast period due to the increasing dog population across regions. The increasing trend of pet humanization has also encouraged dog owners to accept them as companions due to their friendliness, which is projected to drive the demand for premium dog food products, thus contributing to the growth. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to increasing trend of adopting pets as a family member, which leads to a major rise in the pet population, thereby driving the demand for pet food products. Companies such as Middle by Corporation (US), Mepaco Group (US), and Reading Bakery Systems (US), are the key players operating in this market and focus on catering to the demands of pet food processors in North America.
Some of the key players in Pet Food Processing Market include Andritz Group, Baker Perkins LTD, Buhler Holding AG, Clextral SAS, Coperion GmbH, F.N. Smith Corporation, Fusion Tech Integrated, Inc, GEA Group, Gold Peg International Pty LTD, Jinan Darin Machinery Co. LTD, Mepaco Group , Precision Food Innovations, Probake, Reading Bakery Systems, Selo and The Middle by Corporation.
Types Covered:
• Baking & Drying Equipment
• Coating Equipment
• Cooling Equipment
• Forming Equipment
• Mixing & Blending Equipment
• Other Types
Animals Covered:
• Cat
• Dog
• Fish
Forms Covered:
• Dry
• Nutritional Food
• Organic
• Treats/Snacks
• Veterinary Diet
• Wet
Sales Channels Covered:
• Specialized Pet Shops
• Online Stores
• Hypermarkets/Supermarkets
• Grocery Stores
Applications Covered:
• Fish Food
• Cat Food
• Dog Food
• Other Applications
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
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