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Global Pet Food Processing Market by Equipment (Mixing & Blending, Coating, Cooling, Baking & Drying, Forming), by Form (Dry, Wet) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-74067
  • Author: Up Market Research
  • Rating: 4.5
  • Total Reviews: 50
  • No. Of Pages: 234
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

Global pet food processing market was valued at USD 4.62 Billion in 2019. It is projected to grow at a compound annual rate (CAGR of 4.5%) between 2020 and 2027. The market is expected to grow due to the rising demand for premium and specialized food products. The region's highest growth rate is expected to be Asia Pacific over the forecast period. The region's growth is expected to be driven by the increasing urbanization in various countries, including India, China, and Thailand. In terms of revenue in 2019, the U.S. dominated North America's market. This is due to the high disposable income and increased adoption of domestic animals such as dogs, cats and birds. The country's market growth will be boosted by the introduction of advanced technology in the pet food processing sector.

In 2019, Europe was second in revenue share. One of the main factors driving market dynamics in European economies such as France, Germany and the U.K. is the increasing awareness among pet owners about the need to provide unique nutritional requirements for their pets.

Market growth is expected to be driven by rapid development in the improvement of various pet foods and the growing trend of pet adoption around the world. Rapid urbanization is expected to lead to higher growth in emerging economies like India, Brazil, China and Brazil. This will provide new opportunities for product producers.

The demand for processing equipment will rise due to increasing consumer preference for high-quality commercial products. It is expected to spur equipment manufacturers to invest in creating specialized and innovative machinery.

Equipment Type Insights

In 2019, the global market leader in forming equipment was 30%. This equipment is used to create the base for pet food products. Extrusion technology, which is rapidly improving, is an essential part of forming equipment. Due to the changing demand for pet food products, extrusion-based equipment will be in high demand. Over the forecast period, the segment of mixing and blending equipment is expected to grow at a CAGR 4%.

Automation in processing equipment is responsible for this growth. The introduction of multifunctional, integrated processing systems is expected to drive segment growth. The increasing concern about pet health has led to a greater demand for high-quality pet food and a higher demand for pet food processing machines. Major manufacturers will likely invest more in developing innovative extrusion systems.

Form Insights

The dry pet food market accounted for 71% of the total market in 2019, and will likely continue to hold that position through the next few years. Dry foods provide excellent oral care and prevent tartar buildup. These foods are also easy to store and provide the necessary crunch and chewing for pet teeth health.

Because of the high moisture content and essential protein levels, wet pet food will experience the fastest CAGR (5%) between 2020-2027. There are many types of wet pet foods, including semi-moist, canned, and gravy treat. These products have high moisture content which helps pets stay hydrated. It also aids in the functioning of their urinary tract. High costs will limit product demand and therefore, reduce the segment's growth in the forecast period.

Regional Insights

North America was the largest regional market, accounting for 35.7% of the total. It is expected to maintain its dominance due to the presence of industry leaders. The regional market will also grow due to the increasing demand for premium pet foods.

Europe is the second largest region due to growing demand for dry pet foods. This is due to factors such as cost-effectiveness and ease of use. Asia Pacific is expected to experience significant growth in the coming years due to the expansion of pet food industries and increased investments in pet food industry in different economies, including India, China and Thailand.

The fastest CAGR for MEA between 2020 and 2027 is expected to be in the region. Pet ownership is a popular status symbol in many countries, including Saudi Arabia and UAE. This will likely be the main driver of pet food product demand. A wide range of premium products have been in demand due to increased awareness about pet health in terms of allergies, dietary tolerances, and other issues. This will likely drive demand for pet food processing equipment in the region.

Market Share Insights & Key Companies

A large number of manufacturers are a hallmark of the market. Companies are involved in extensive R&D to create innovative systems that reduce errors and downtime during manufacturing. These equipment also allow for detailed tracking of both the product and inventory. To strengthen their market position, many companies have implemented expansion strategies such as mergers or acquisitions with major market players. The following are some of the most prominent players in pet food processing:

  • ANDRITZ

  • GEA Group

  • Buhler Holding AG

  • The Middleby Corporation

  • Baker Perkins LTD.

  • Precision Food Innovations

  • Clextral SAS

  • Reading Bakery Systems

  • Mepaco Group

  • Precision Food Innovations

  • F.N. Smith Corporation

  • Selo

Up Market Research published a new report titled “Pet Food Processing Market research report which is segmented by Equipment (Mixing & Blending, Coating, Cooling, Baking & Drying, Forming), by Form (Dry, Wet), By Players/Companies FN Smith Corporation, Clextral SAS, Reading Bakery Systems, Baker Perkins LTD, GEA Group, Precision Food Innovations, The Middleby Corporation, Precision Food Innovations, Selo, ANDRITZ, Buhler Holding AG, Mepaco Group”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitlePet Food Processing Market Research Report
By EquipmentMixing & Blending, Coating, Cooling, Baking & Drying, Forming
By FormDry, Wet
By CompaniesFN Smith Corporation, Clextral SAS, Reading Bakery Systems, Baker Perkins LTD, GEA Group, Precision Food Innovations, The Middleby Corporation, Precision Food Innovations, Selo, ANDRITZ, Buhler Holding AG, Mepaco Group
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages234
Number of Tables & Figures164
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Pet Food Processing Industry Outlook

Global Pet Food Processing Market Report Segments:

The market is segmented by Equipment (Mixing & Blending, Coating, Cooling, Baking & Drying, Forming), by Form (Dry, Wet).

Pet Food Processing Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Pet Food Processing Market

Overview of the regional outlook of the Pet Food Processing Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Pet Food Processing Market Overview

Highlights of The Pet Food Processing Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Pet Food Processing Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Equipment:

                1. Mixing & Blending

                2. Coating

                3. Cooling

                4. Baking & Drying

                5. Forming

        7. By Form:

                1. Dry

                2. Wet

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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 2028.


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

Pet Food Processing Market Trends

Reasons to Purchase the Pet Food Processing Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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, 2018-2028 
      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 Pet Food Processing Market Analysis and Forecast by Equipment
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Equipment
      5.1.2 Basis Point Share (BPS) Analysis by Equipment
      5.1.3 Absolute $ Opportunity Assessment by Equipment
   5.2 Pet Food Processing Market Size Forecast by Equipment
      5.2.1 Mixing & Blending
      5.2.2 Coating
      5.2.3 Cooling
      5.2.4 Baking & Drying
      5.2.5 Forming
   5.3 Market Attractiveness Analysis by Equipment

Chapter 6 Global Pet Food Processing Market Analysis and Forecast by Form
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Form
      6.1.2 Basis Point Share (BPS) Analysis by Form
      6.1.3 Absolute $ Opportunity Assessment by Form
   6.2 Pet Food Processing Market Size Forecast by Form
      6.2.1 Dry
      6.2.2 Wet
   6.3 Market Attractiveness Analysis by Form

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 Pet Food Processing Analysis and Forecast
   9.1 Introduction
   9.2 North America Pet Food Processing 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 Pet Food Processing Market Size Forecast by Equipment
      9.6.1 Mixing & Blending
      9.6.2 Coating
      9.6.3 Cooling
      9.6.4 Baking & Drying
      9.6.5 Forming
   9.7 Basis Point Share (BPS) Analysis by Equipment 
   9.8 Absolute $ Opportunity Assessment by Equipment 
   9.9 Market Attractiveness Analysis by Equipment
   9.10 North America Pet Food Processing Market Size Forecast by Form
      9.10.1 Dry
      9.10.2 Wet
   9.11 Basis Point Share (BPS) Analysis by Form 
   9.12 Absolute $ Opportunity Assessment by Form 
   9.13 Market Attractiveness Analysis by Form

Chapter 10 Europe Pet Food Processing Analysis and Forecast
   10.1 Introduction
   10.2 Europe Pet Food Processing 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 Pet Food Processing Market Size Forecast by Equipment
      10.6.1 Mixing & Blending
      10.6.2 Coating
      10.6.3 Cooling
      10.6.4 Baking & Drying
      10.6.5 Forming
   10.7 Basis Point Share (BPS) Analysis by Equipment 
   10.8 Absolute $ Opportunity Assessment by Equipment 
   10.9 Market Attractiveness Analysis by Equipment
   10.10 Europe Pet Food Processing Market Size Forecast by Form
      10.10.1 Dry
      10.10.2 Wet
   10.11 Basis Point Share (BPS) Analysis by Form 
   10.12 Absolute $ Opportunity Assessment by Form 
   10.13 Market Attractiveness Analysis by Form

Chapter 11 Asia Pacific Pet Food Processing Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Pet Food Processing 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 Pet Food Processing Market Size Forecast by Equipment
      11.6.1 Mixing & Blending
      11.6.2 Coating
      11.6.3 Cooling
      11.6.4 Baking & Drying
      11.6.5 Forming
   11.7 Basis Point Share (BPS) Analysis by Equipment 
   11.8 Absolute $ Opportunity Assessment by Equipment 
   11.9 Market Attractiveness Analysis by Equipment
   11.10 Asia Pacific Pet Food Processing Market Size Forecast by Form
      11.10.1 Dry
      11.10.2 Wet
   11.11 Basis Point Share (BPS) Analysis by Form 
   11.12 Absolute $ Opportunity Assessment by Form 
   11.13 Market Attractiveness Analysis by Form

Chapter 12 Latin America Pet Food Processing Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Pet Food Processing 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 Pet Food Processing Market Size Forecast by Equipment
      12.6.1 Mixing & Blending
      12.6.2 Coating
      12.6.3 Cooling
      12.6.4 Baking & Drying
      12.6.5 Forming
   12.7 Basis Point Share (BPS) Analysis by Equipment 
   12.8 Absolute $ Opportunity Assessment by Equipment 
   12.9 Market Attractiveness Analysis by Equipment
   12.10 Latin America Pet Food Processing Market Size Forecast by Form
      12.10.1 Dry
      12.10.2 Wet
   12.11 Basis Point Share (BPS) Analysis by Form 
   12.12 Absolute $ Opportunity Assessment by Form 
   12.13 Market Attractiveness Analysis by Form

Chapter 13 Middle East & Africa (MEA) Pet Food Processing Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Pet Food Processing 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) Pet Food Processing Market Size Forecast by Equipment
      13.6.1 Mixing & Blending
      13.6.2 Coating
      13.6.3 Cooling
      13.6.4 Baking & Drying
      13.6.5 Forming
   13.7 Basis Point Share (BPS) Analysis by Equipment 
   13.8 Absolute $ Opportunity Assessment by Equipment 
   13.9 Market Attractiveness Analysis by Equipment
   13.10 Middle East & Africa (MEA) Pet Food Processing Market Size Forecast by Form
      13.10.1 Dry
      13.10.2 Wet
   13.11 Basis Point Share (BPS) Analysis by Form 
   13.12 Absolute $ Opportunity Assessment by Form 
   13.13 Market Attractiveness Analysis by Form

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 FN Smith Corporation
      14.3.2 Clextral SAS
      14.3.3 Reading Bakery Systems
      14.3.4 Baker Perkins LTD
      14.3.5 GEA Group
      14.3.6 Precision Food Innovations
      14.3.7 The Middleby Corporation
      14.3.8 Precision Food Innovations
      14.3.9 Selo
      14.3.10 ANDRITZ
      14.3.11 Buhler Holding AG
      14.3.12 Mepaco Group
Segments Covered in the Report
The global Pet Food Processing market has been segmented based on

By Equipment
  • Mixing & Blending
  • Coating
  • Cooling
  • Baking & Drying
  • Forming
By Form
  • Dry
  • Wet
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • FN Smith Corporation
  • Clextral SAS
  • Reading Bakery Systems
  • Baker Perkins LTD
  • GEA Group
  • Precision Food Innovations
  • The Middleby Corporation
  • Precision Food Innovations
  • Selo
  • ANDRITZ
  • Buhler Holding AG
  • Mepaco Group

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