18-Feb-2020 | Zion Market Research
Zion Market Research has published a new report titled “Global Pet Food Processing Market – By Type (Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, Cooling Equipment, Coating Equipment, and Others), By Form (Dry and Wet), By Application (Dog Food, Cat Food, Fish Food, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026.” According to the report, global demand for the Pet Food Processing market was valued over USD 4.6 Billion in 2019 and is expected to reach a CAGR of 5.5% between 2019 and 2026.
Browse the full “Global Pet Food Processing Market – By Type (Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, Cooling Equipment, Coating Equipment, and Others), By Form (Dry and Wet), By Application (Dog Food, Cat Food, Fish Food, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026.” Report at https://www.zionmarketresearch.com/report/pet-food-processing-market
Dog Food category is projected to account for the majority of share during the forecast period
The Dog Food category is anticipated to dominate the Pet Food Processing market during the forecast timeframe. Rising dog population is projected to increase the demand for Dog food. The drift toward pet humanization has increased owing to the rising acceptance of pets as a companion in families owing to the pets friendliness and this, in turn, is projected to help increase the demand for premium dog food products.
Dry category is projected to account for the majority of share during the forecast period.
Dry pet food production is rising owing to its cost-effectiveness, easy handling, and easy availability. The requirement for Dry pet food products is also anticipated to be growing due to the use of extrusion technologies in developed and developing regions, such as China, Russia, and Poland.
Forming equipment category is projected to dominate the market during the forecast period
The Forming Equipment category is accounted for the largest share in the global pet food processing market. The extrusion-based manufacturing process has increased the use of forming equipment for the production of pet foods. This factor is thus projected to fuel the requirement for Forming Equipment in the market.
North America is projected to account for the largest share during the forecast period
North American market is estimated to hold the largest share during the forecast period. The dominance of this region is basically due to the increasing trend of pet humanization that has led to a significant rise in the pet population, thereby fuelling the demand for pet food products across the globe. In addition, the rising awareness among pet owners has resulted in an increase in the inclination of manufacturers to abide by the top food safety standards, thus encouraging the Pet Food Processing market growth in North America.
Key Market Players
Some of the key players of the global Pet Food Processing market are The Middleby Corporation, Andritz Group, Buhler Holding AG, Coperion GMBH, Baker Perkins Ltd., Clextral SAS, Precision Food Innovations, GEA Group, Mepaco Group, Reading Bakery Systems, F.N. Smith Corporation, and Selo.
The report on the global Pet Food Processing market is segmented into:
Global Pet Food Processing Market: By Type Segmentation Analysis
Global Pet Food Processing Market: By Form Segmentation Analysis
Global Pet Food Processing Market: By Application Segmentation Analysis
Global Pet Food Processing Market: By Regional Segmentation Analysis
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