Status : Upcoming Report Code : VRCG7007 Industry : Consumer Goods Available Format :

Global Pet Food Processing Market – Analysis and Forecast (2019-2024)

Industry Insights by Equipment Type (Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, Others), by Animal Type (Dog, Cat, Others), by Geography (U.S., Canada, U.K., Germany, France, Italy, Spain, Russia, China, Japan, India, South Korea, Indonesia, Thailand, South Korea, Australia, Brazil, Mexico, Argentina, Saudi Arabia, U.A.E., South Africa, Nigeria)

Industry Overview

The pet food processing market is constantly developing due to increasing considerations of the health and well-being of pets that have established new standards and higher demands for the pet food industry. The pet foods are coming up in several shapes, colors and flavors and as result, the pet food processing market is growing at a global level.  The demand for high-quality pet food is increasing with the development of a convincing appearance in terms of its packaging, maintaining the right nutritional benefits that require the use of advanced and multifunctional equipment. The pet food processing system deals offer advanced machines and technologies that enable the customers to meet their increasing demands by purchasing the pet food.

Pet Food Processing Market Highlights

Pet food is a specialty food for domesticated animals that are developed in accordance with the nutritional needs of the animals. The pet food generally comprises of meat, meat by-products, cereals, vitamins, grains, and minerals. According to a recent survey, it was established that in Uthe .S. around 300 manufacturers are producing more than 7 million tons of pet foods every year, which is also considered to be one of the largest categories of any packaged food. The pet food processing system provides the pet owners the choice to choose from a large variety of pet products that includes the dry canned, semi-moist types such as biscuits, treats and kibbles. 

Pet food processing system deals with the manufacturing and development of speciality food for pets or domesticated animals that is formulated according to the needs of the nutritional needs of the pets. Pet food consists of meat byproducts, meat, grains, cereals, vitamins and minerals. Apart from the ingredients pet food processing system for pet food is similar to the normal processed food for humans. The flesh products of the pet foods are required to be processed and are required to separate the water, fat and protein components.
The commercially produced pet food comprises of biscuit styled dog bod that was initially being developed in England. In the present scenario, manufacturers are developing dry cat food, expanded type dog food and semi-moist pet food.  Manufacturers are increasingly producing and inventing several formulas that contains essential nutrient for pet animals.

Market Segmentation

Insight by Equipment Type

On the basis of equipment type, the pet food processing market is categorized into mixing and blending equipment, forming equipment, baking and drying equipment, and others. Of all, baking and drying equipment is expected to grow at a fastest rate during the forecast period as it is the main equipment required to cook or dry intermediate pet food products.

Insight by Animal Type

On the basis of animal type, the pet food processing market is categorized into dog, cat, and others. Of all, dog category held the largest revenue share in the global pet food processing market owing to the growing demand for fitness and weight management products for the pet food market, this in turn, drives the growth of the pet food processing equipment market for dogs.

Industry Dynamics

Drivers

The rising trend of pet adoption is driving the growth of the global pet food processing market. The people in the U.S and China are increasingly adopting cats and dogs as it is considered to be a symbol of prestige and luxury. The pet parents are treating their pets in a most friendly manner and just like their kids. The owners are purchasing the best possible products for their and are not compromising on the quality of their pets products. The demand for different variants of food for pets and enhanced quality of products by the customers is increasing the growth of the pet food processing market globally.

Opportunities

Improved equipment and technologies is creating opportunities for the pet food processing market to grow globally. The manufacturers are increasingly improving and upgrading the technologies used for manufacturing a particular product for the consumption of domestic animals. The implementation of pet food extruder maintenance saves the time and money of the manufacturers. The issues in pet food extruder can reduce food quality for cat and dog and can degrade the lifespan and efficiency of the machinery as well. The implementation of advanced technologies and equipment helps in improving the quality and performance of the products and helps in satisfying the overall needs of the customers. 

The technological upgradation and innovation helps in developing better and more efficient production, maximizing the energy efficiency and reducing energy cost. Moreover, the development of such technological upgradation is increasing the demand for the global pet food processing market. The processing capability of the equipment for new ingredients is the major restraint observed in the growth of the global pet food processing market. 

Geography Overview

Globally, North America is the largest pet food processing market. The region is witnessing innovations in pet food processing and packaging that have led to better quality products with a longer shelf life of the products in the region. The increasing demand for pet food is met with the help of the pet food processing system as the citizens of the country are increasingly adopting pet animals and trying to provide the best and quality meal to them. Asia-Pacific is expected to witness the fastest growth in the global pet food processing market.

Competitive Insight

Some of the key players operating in the global pet food processing industry include Andritz Group, Buhler Holding AG, Baker Perkins Ltd., The Middleby Corporation, Clextral SAS, Meyer Industries, Inc., Mepaco Group, Coperion GmbH, F. N. Smith Corporation, and Markel Food Group.

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Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle
Pet Food Processing Market