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Pet Food Processing Market by Equipment (Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, and Other Equipment), Animal (Dog, Cat, and Other Animals), and Region - Global Forecast to 2022

Pet Food Processing Market: Global Forecast until 2022

  • April 2017
  • 125 pages
  • ID: 4828898
In this report:
The cat food segment is projected to grow at a CAGR of ##.##% and is expected to reach USD ##,##.## million by 2022, due to the increasing demand and resulting new product launches.
The cat segment processing equipment market is expected to reach USD ##,##.## million by 2022 with a CAGR of ##.##% owing to the increasing cat population and rising adoption of cats.

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"Pet food processing market by equipment is expected to rise at a compound annual growth rate (CAGR) of 3.50 percent"

The pet food processing market, by equipment, is projected to extend $4.30B by 2022 at a Compound annual growth rate of 3.50 percent from 2016. The industry is catapulted by the growing usage of processed pet food products driven by Elements such as growing trend of keeping pets, benefits of using processed and packaged pet food including ease of feeding, nutritious & balanced diet for pet, and helath profits among others. There is a high increase potential in developing markets including Brazil, Argentina (AR), China (CN), India (IN), and Thailand (TH) among others which provide new development opportunities for market actors. The concerns concerning the usage of new ingredients and their impact on processing is anticipated to restrict the sector.

"Dog food segment is projected to hold the largest part of market share in 2016"

The dog food segment is forecasted to hold the biggest market share in 2016. There is an rising awareness to fulfill the nutrional needs of pets in the urban households where pet parents have time constraint in preparing pet food at home; furthermore they rely of packaged pet food as it is easy to serve and feed, and come along with the assurance of being a balance & nutritious diet. The dietary trend and premium products are forecast to steer the global growth in the dog food market. The addition of innovative and healthier products in the pet food market is anticipated to result in business investments in innovative machinery, which will drive demand for several pet food processing equipment.

"North America continent was the biggest market in 2015, because APAC is expected to grow at the highest compound annual growth rate (CAGR) between 2016 and 2022."

North America (NA) serves as a mature market for the pet food processing sector. The U.S.A is the dominant market in this zone. In order to meet end-user requirements and ensure product differentiation, equipment manufacturers have been encouraged to introduce recent products that are more efficient, durable, and dependable. Asia-Pac is forecasted to be the quickest-increasing regional market for pet food processing equipment during the outlook period. Pet owners have become increasingly aware of the unique nutritional requirements of distinct pets, which is driving the market demand for pet food. Therefore, it is forecasted to have a positive influence on the increase of the pet food processing equipment market. Territories in this area are focusing on product safety to meet the industry demand for good pet health.

The breakdown of primaries on the basis of company, description, and area, conducted during the business research study is presented below.

- By Company Type: Tier 1 - 46.0 percent, Tier 2 - 26.0 percent, and 1/3 3 - 28.0 percent

- By Designation: C Level - 57.0 percent, Manager Level - 24, and Others - 19.0 percent

- By area: North america (NA) - 25.0 percent, Europe - 18.0 percent, Asia-Pacific - 36.0 percent, and rest of the world - 21.0 percent

Other actors with a strong presence in this sector are like follows:

• Meyer Sectors, Incorporated

Segment Research

This market report classifies the pet food processing market established on equipment type, animal, and area. Established on equipment type, the industry has been divided into mixing & blending equipment, forming equipment, baking & drying equipment, and other equipment. Established on animal, the sector has been broken down into dog, cat, and other animals. The regional segmentation of the market includes North America continent, Europe (EU), Asia Pacific (APAC), and RoW.

Why acquiring this study can help you

From an insight prospect, this market research has emphasized several levels of analyses - industry, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape-emerging and high-growth segments of the overall pet food processing equipment market; high-growth areas; and sector drivers, market restraints, and alternatives.

The market research offers business insights on the following:

• Market Uptake: Exhaustive data on the pet food processing equipment provided by key players in the overall market

• Product Development/Innovative products: In-depth understanding on upcoming pet food processing techniques or types, analysis & growth activities, and recent product launches in the pet food processing market by equipment

• Market Development: Highlighted information about profitable emerging sectors

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall pet food processing equipment market

• opposing assessment: In-depth assessment of market share, strategies, products, and manufacturing competences of key players in the overall pet food processing market

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