"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＂published in April 2017. It is a professional and in-depth study.
“Pet food processing market by equipment is projected to grow at a CAGR of 3.5%”
The pet food processing market, by equipment, is projected to reach USD 4.3 billion by 2022 at a CAGR of 3.5% from 2016. The market is catapulted by the increasing usage of processed pet food products driven by factors such as rising trend of keeping pets, benefits of using processed and packaged pet food such as ease of feeding, nutritious & balanced diet for pet, and helath benefits among others. There is a high growth potential in developing markets such as Brazil, Argentina, China, India, and Thailand among others which provide new development opportunities for market players. The concerns regarding the usage of new ingredients and their impact on processing is expected to restrict the market.
“Dog food segment is estimated to hold the largest market share in 2016”
The dog food segment is estimated to hold the largest market share in 2016. There is an increasing awareness to fulfill the nutrional needs of pets in the urban households where pet parents have time constraint in preparing pet food at home; moreover 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 expected to drive the overall growth in the dog food market. The addition of innovative and healthier products in the pet food market is expected to result in investments in innovative machinery, which will drive demand for various pet food processing equipment.
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The breakdown of primaries on the basis of company, designation, and region, conducted during the research study is given below.
By Company Type: Tier 1 – 46%, Tier 2 – 26%, and Tier 3 – 28%
By Designation: C Level – 57%, Manager Level – 24, and Others – 19%
By Region: North America – 25%, Europe – 18%, Asia-Pacific – 36%, and RoW – 21%
Key players are as follows:
• ANDRITZ AG (Austria)
• Clextral SAS (France)
• Buhler AG (Switzerland)
• Baker Perkins Ltd. (U.K.)
• Middleby Corporation (U.S.).
Other players with a strong presence in this market are as follows:
• Meyer Industries, Inc. (U.S.)
• Coperion GmbH (Germany)
• F. N. Smith Corporation (U.S.)
• Markel Food Group (U.S.).
Reasons to buy this report
• Market Penetration: Comprehensive information on the pet food processing equipment offered by top players in the global market
• Product Development/Innovation: Detailed insights on upcoming pet food processing techniques or types, research & development activities, and new product launches in the pet food processing market by equipment
• Market Development: Comprehensive information about lucrative emerging markets
• Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global pet food processing equipment market
• Competitive Assessment: In-depth assessment of market share, strategies, products, and manufacturing capabilities of leading players in the global pet food processing market (by equipment)
Some points from Table of Contents
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.4 STUDY SCOPE 14
1.5 PERIODIZATION CONSIDERED FOR THE STUDY 14
1.6 CURRENCY CONSIDERED 15
1.7 STAKEHOLDERS 15
1.8 LIMITATIONS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.1.1 Key data from secondary sources 17
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 18
2.1.2.2 Key industry insights 19
2.1.2.3 Breakdown of primaries 20
2.2 MACRO ECONOMIC INDICATORS 21
2.2.1 INTRODUCTION 21
2.2.2 DEVELOPING ECONOMIES 22
2.2.3 GROWTH IN PER-CAPITA EXPENDITURE ON PETS 23
2.2.4 RESEARCH & DEVELOPMENT 23
2.2.5 FOOD & FEED PROCESSING EQUIPMENT AND TECHNOLOGIES 24
2.3 MARKET SIZE ESTIMATION 24
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 27
2.5 RESEARCH ASSUMPTIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 33
4.1 OPPORTUNITIES IN THE PET FOOD PROCESSING EQUIPMENT MARKET 33
4.2 PET FOOD PROCESSING EQUIPMENT: MAJOR COUNTRIES 34
4.3 PET FOOD PROCESSING EQUIPMENT MARKET, BY EQUIPMENT TYPE 35
4.4 NORTH AMERICA: PET FOOD PROCESSING EQUIPMENT MARKET,
BY ANIMAL & COUNTRY 36
4.5 PET FOOD PROCESSING EQUIPMENT MARKET, BY ANIMAL & REGION 37
4.6 DEVELOPED VS. EMERGING PET FOOD PROCESSING EQUIPMENT MARKETS 38
5 MARKET OVERVIEW 39
5.1 INTRODUCTION 39
5.2 MARKET SEGMENTATION 40
5.2.1 BY TYPE 40
5.2.2 BY ANIMAL 41
5.2.3 BY REGION 41
5.3 MARKET DYNAMICS 42
5.3.1 DRIVERS 43
5.3.1.1 Growth in demand for pet food supplies 43
5.3.1.2 Rise in Pet Adoption 43
5.3.1.3 Growth in awareness toward pet health and pet humanization 43
5.3.2 RESTRAINTS 43
5.3.2.1 Processing capability of equipment for new ingredients 43
5.3.3 OPPORTUNITIES 44
5.3.3.1 Improved equipment and technologies 44
5.3.3.2 Novel ingredients in pet food manufacturing 44
5.3.4 CHALLENGES 45
5.3.4.1 Capital investments for equipment 45
5.3.4.2 Certification mandates 45
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