Global Pet Food Processing Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 4.12 Billion |
Market Size (Forecast Year) |
USD 5.59 Billion |
CAGR |
|
Major Markets Players |
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Global Pet Food Processing Market Segmentation, By Application (Dog Food, Cat Food, Fish Food and Other Applications, Form (Dry and Wet), Type (Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, Coating Equipment, Cooling Equipment and Other Types) - Industry Trends and Forecast to 2031.
Global Pet Food Processing Market Size
Global pet food processing market size was valued at USD 4.12 billion in 2023 and is projected to reach USD 5.59 billion by 2031, with a CAGR of 3.90% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Pet Food Processing Key Market Insights |
Segmentation |
By Application: Dog Food, Cat Food, Fish Food and Other Applications, Form (Dry and Wet) By Type: Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, Coating Equipment, Cooling Equipment and Other Types |
Countries Covered |
U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
Key Market Players |
ANDRITZ AG, Clextral S.A.S, Baker Perkins, Bühler Group, F. N. Smith Corporation, Markel Food Group, The Middleby Corporation, Mepaco Group, Meyer Industries, Inc., Reading Bakery System, GEA Group, PRECISION FOOD INNOVATIONS, Selo, Coperion GmbH |
Global Pet Food Processing Market Dynamics
Pet food is plant or animal intended made for the consumption by pets and they are made with innovative shapes and attractive colours to fascinate the owners as well as pets and are available in supermarkets and pet stores.
Rising usage of processed & packaged pet food, increasing demand for automation, growing development of more advanced products in the pet food, rising disposable income of the people are some of the factors that will boost the growth of the pet food processing market in the forecast period of 2024- 2031. On the other hand, the increasing demand for pets all over the world will further create new opportunities for the pet food processing market in the above mentioned period.
Changing prices of raw material may hamper the growth of the pet food processing market in the above mentioned period.
This pet food processing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on pet food processing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Pet Food Processing Market Scope
Pet food processing market is segmented on the basis of application, form and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Application
- Dog Food
- Cat Food
- fish Food
- Other Applications
- Pet Food for Tortoises
- Rabbits
- Ornamental Birds
Form
- Dry
- Wet
Type
- Mixing & Blending Equipment
- Forming Equipment
- Baking & Drying Equipment
- Coating Equipment
- Cooling Equipment
- Other Types
- Vacuum Pumping
- Stuffing Machines
Pet Food Processing Market Regional Analysis
Pet food processing market is analyzed and market size, volume information is provided by country, application, form and type as referenced above.
The countries covered in the pet food processing market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is expected to grow in the forecast period of 2023- 2031 due to the increasing urbanization across the developing countries in this region and attributed to factors such as the growing trend of pet adoption as a family member, which leads to a significant increase in the pet population and thus drives demand for pet food products in the pet food processing market.
The country section of the pet food processing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Pet Food Processing Market Share
Pet food processing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pet food processing market.
Pet Food Processing Market Leaders Operating in the Market Are:
- ANDRITZ AG
- Clextral S.A.S
- Baker Perkins
- Bühler Group
- F. N. Smith Corporation
- Markel Food Group
- The Middleby Corporation
- Mepaco Group
- Meyer Industries, Inc.
- Reading Bakery System
- GEA Group
- PRECISION FOOD INNOVATIONS
- Selo
- Coperion GmbH
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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