Increased Demand for Pet Food Processing Equipment - Global Forecast to 2022


Posted July 14, 2017 by pankaj_kaware

Growth in Demand for Pet Food and Inclusion of Healthier Food Options Results in Increased Demand for Pet Food Processing Equipment - Global Forecast to 2022

 
The global pet food processing market, by equipment, has grown considerably in the last few years. The market size of pet food processing equipment is projected to reach USD 4.27 Billion by 2022, at a CAGR of around 3.5% from 2016.

Pet food manufacturers demand new and automated pet food processing machineries in order to ensure an uninterrupted production flow. Increasing usage of processed & packaged pet food by pet parents is responsibe for this unprecendented demand of pet food processing equipment from the pet food manufacturers.

The pet food processing market by equipment, on the basis of equipment type, has been segmented into mixing & blending equipment, forming equipment, baking & drying equipment, and other equipment. Forming equipment is projected to grow at the highest CAGR during the forecast period. Forming equipment include extruders, molders, sheeters, dividers, slicers, and cutters, among others. The pet food industry depends heavily on extrusion equipment manufacturers for producing various forms of pet food. Baking & drying equipment include thermal processing solutions such as dryers and ovens. These are the primary equipment required to cook/dry intermediate pet food products.

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The pet food processing market by equipment, based on pet animal, has been segmented into dog, cat, and other animals. Applications in dog food accounted for the largest share in the pet food processing equipment market in 2015. This segment is also projected to grow at the highest CAGR from 2016 to 2022. The development of more innovative and healthier products in the pet food is expected to result in large investments in innovative machinery, which would drive the demand for pet food processing equipment

The pet food processing market, by equipment, is characterized by moderate competition due to the presence of a number of large- and small-scale firms. The market is dominated by players such as ANDRITZ AG (Austria), Clextral SAS (France), Buhler AG (Switzerland), Baker Perkins Ltd. (U.K.), and Middleby Corporation (U.S.).

They collectively accounted for the largest share in the pet food processing market (equipment) in 2015. New product launches, acquisitions, agreements, and collaborations are the key strategies adopted by players to ensure their growth in this market. Other players, such as Meyer Industries, Inc. (U.S.), Coperion GmbH (Germany), F. N. Smith Corporation (U.S.), and Markel Food Group (U.S.), also have a strong
presence in this market.

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The pet food processing market, by equipment, comprises manufacturers such as ANDRITZ AG (Austria), Clextral SAS (France), Buhler AG (Switzerland), Baker Perkins Ltd. (U.K.), and Middleby Corporation (U.S.), which sell equipment to end users to cater to their unique business
requirements.

Target Audience
The stakeholders for the report include:
• Raw material suppliers
• Pet food processing equipment manufacturers
• Traders and distributors of pet food processing equipment
• Commercial R&D institutions
• Associations and industry bodies
• Regulatory bodies
• End users (manufacturers of pet food ingredients and food products)

“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”
Scope of the Report:

This research report categorizes the pet food processing market, by equipment, is based on equipment type, animal, and region.

Based on Equipment Type, the market has been segmented as follows:
• Mixing & blending equipment
• Forming equipment
• Baking & drying equipment
• Others (coating, cooling, pumping, and stuffing machines)

Based on Animal, the market has been segmented as follows:
• Dog
• Cat
• Other animals (ornamental birds, fish, rabbit, and tortoise)

Based on Region, the market has been segmented as follows:
• North America
• Europe
• Asia-Pacific
• RoW (Rest of the World)

Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the client-specific scientific needs.

The following customization options are available for the report:
Regional Analysis
• Further breakdown of the Rest of Europe pet food processing market into Poland, Denmark, and Hungary
• Further breakdown of the Rest of Asia-Pacific pet food processing market into New Zealand, Indonesia, and Vietnam
Company Information
• Detailed analysis and profiling of additional market players (up to five)

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Issued By pankaj
Country India
Categories Food
Tags pet food processing market
Last Updated July 14, 2017