Market Overview:
The global pet food processing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for processed pet food due to the growing awareness about the benefits of processed pet food over raw pet food. Additionally, rising disposable income and changing lifestyle trends are also propelling the demand for processed pet foods, which in turn is fueling the growth of the global pet food processing market.
Product Definition:
The definition of Pet Food Processing is the manufacture and packaging of food for companion animals. The importance of Pet Food Processing is that it ensures that the food products are safe and meet the nutritional needs of pets.
Mixing & Blending Equipment:
Mixing and blending equipment is used in the food processing industry for combining two or more substances that cannot be mixed by hand. The most common application of this equipment includes manufacturing bakery products, ice creams, baby foods and pet food among others.
Forming Equipment:
Forming equipment is used in the processing of pet food. It plays an important role in shaping and sizing the solid particles present in the raw feed to obtain desired shapes and sizes for better marketability. The most commonly used forming equipment are starches, gel-forming agents, pectin agar-agar, and other natural or synthetic gums such as xanthan gum.
Application Insights:
The dog application segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The rising number of pet dogs across households in countries such as China, India and U.S. has led to an increased demand for processed food products designed specifically for canines.
In addition, increasing consumer awareness about pet nutrition coupled with a growing preference towards convenience foods is anticipated to boost industry growth over the coming years. The cat application segment is expected register a significant CAGR during the forecast period owing to high product adoption along with improved living standards among cats across developed economies of Europe and North America regions.
Other applications include fish, bird and animal feed; however, significant competition within this segment from other sources including soybean meal, cornmeal etc.; as well as poultry by-product meals etc., will restrict industry growth during the forecast period (2018-2030).
Regional Analysis:
North America dominated the global pet food processing industry with a revenue share of over 35.0% in 2017. This is attributed to the high demand for premium quality and convenience food products for pets, increasing awareness about animal nutrition, and rising expenditure on veterinary healthcare by consumers in this region.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to factors such as growing population, rising disposable income especially in developing countries like India and China along with increased spending on pet care services by consumers due to an increase in awareness about animal nutrition among other factors. These aforementioned factors are expected to drive market growth over the next eight years. Moreover, emerging economies present significant opportunities for global companies looking at expanding their business into these markets as they offer tremendous potential for growth through untapped markets and huge populations that need better quality foods or nutritional supplements (for both human & pets).
Growth Factors:
- Increasing demand for premium pet food products: The global pet food processing market is witnessing a shift in consumer preference towards premium and organic pet food products. This is primarily attributed to the growing awareness among consumers about the benefits of such products for their pets.
- Rising demand from emerging markets: The Asia Pacific region is expected to be the fastest-growing market for pet food processing during the forecast period. This can be attributed to the rising disposable income levels and increasing population of pets in these regions.
- Growing trend of DIY (Do It Yourself) pet foods: A growing number of consumers are now making their own pet foods at home, owing to concerns about the quality and safety of commercially available products. This is providing a major impetus to growth of the globalpet food processing market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Pet Food Processing Market Research Report
By Type
Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, Other
By Application
Dog, Cat, Other
By Companies
Andritz Group, Buhler Holding Ag, Baker Perkins Ltd., The Middleby Corporation, Clextral Sas, Meyer Industries, Inc., Mepaco Group, Coperion Gmbh, F. N. Smith Corporation, Markel Food Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Pet Food Processing Market Report Segments:
The global Pet Food Processing market is segmented on the basis of:
Types
Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dog, Cat, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Andritz Group
- Buhler Holding Ag
- Baker Perkins Ltd.
- The Middleby Corporation
- Clextral Sas
- Meyer Industries, Inc.
- Mepaco Group
- Coperion Gmbh
- F. N. Smith Corporation
- Markel Food Group
Highlights of The Pet Food Processing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mixing & Blending Equipment
- Forming Equipment
- Baking & Drying Equipment
- Other
- By Application:
- Dog
- Cat
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pet Food Processing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pet food processing is the process of transforming raw pet food ingredients into finished products that can be sold to consumers. This includes everything from grinding meat to adding flavorings and textures.
Some of the major companies in the pet food processing market are Andritz Group, Buhler Holding Ag, Baker Perkins Ltd., The Middleby Corporation, Clextral Sas, Meyer Industries, Inc., Mepaco Group, Coperion Gmbh, F. N. Smith Corporation, Markel Food Group.
The pet food processing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pet Food Processing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pet Food Processing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pet Food Processing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pet Food Processing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pet Food Processing Market Size & Forecast, 2020-2028
4.5.1 Pet Food Processing Market Size and Y-o-Y Growth
4.5.2 Pet Food Processing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mixing & Blending Equipment
5.2.2 Forming Equipment
5.2.3 Baking & Drying Equipment
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Dog
6.2.2 Cat
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pet Food Processing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pet Food Processing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mixing & Blending Equipment
9.6.2 Forming Equipment
9.6.3 Baking & Drying Equipment
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Dog
9.10.2 Cat
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mixing & Blending Equipment
10.6.2 Forming Equipment
10.6.3 Baking & Drying Equipment
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Dog
10.10.2 Cat
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mixing & Blending Equipment
11.6.2 Forming Equipment
11.6.3 Baking & Drying Equipment
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Dog
11.10.2 Cat
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mixing & Blending Equipment
12.6.2 Forming Equipment
12.6.3 Baking & Drying Equipment
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Dog
12.10.2 Cat
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mixing & Blending Equipment
13.6.2 Forming Equipment
13.6.3 Baking & Drying Equipment
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Dog
13.10.2 Cat
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pet Food Processing Market: Competitive Dashboard
14.2 Global Pet Food Processing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Andritz Group
14.3.2 Buhler Holding Ag
14.3.3 Baker Perkins Ltd.
14.3.4 The Middleby Corporation
14.3.5 Clextral Sas
14.3.6 Meyer Industries, Inc.
14.3.7 Mepaco Group
14.3.8 Coperion Gmbh
14.3.9 F. N. Smith Corporation
14.3.10 Markel Food Group
