Market Leader - Pet Food Processing Market
by Mit K. SEOThe
global pet food processing market size is projected to grow from USD 4.4
billion in 2019 to USD 6.2 billion by 2026, recording a compound annual growth
rate (CAGR) of 5.0% during the forecast period. The increasing trend of pet
food product premiumization and the rising acceptance of pets across regions
are factors that are projected to drive the growth of the pet food processing
market. Furthermore, acceptance of pets as family members among pet owners,
increasing disposable income, and rising urbanization are factors that are also
projected to drive the market growth.
Key
pet food processing players include Andritz Group (Austria), Buhler Holding AG
(Switzerland), The Middleby Corporation (US), GEA Group (Germany), Baker
Perkins Ltd. (UK), Clextral SAS (France), Precision Food Innovations (US),
Mepaco Group (US), Coperion GMBH (Germany), F.N. Smith Corporation (US),
Reading Bakery Systems (US), and Selo (Netherlands). Expansions and
acquisitions were the dominant strategies adopted by major players. These
strategies have helped them to expand their manufacturing facilities for pet
food processing and further support the market growth.
To
know about the assumptions considered for the study download the pdf brochure
Andritz
Group (Austria) is a leading company and manufacturer of plants and equipment
for pet food processing. Hydro, pulp and paper, and metals and separation are
the main segments, through which the company operates. The company has a
comprehensive product portfolio for industries, including the feed, aqua feed,
pet food, and biofuel industries. It offers a variety of extrusion machines and
complete production lines for pet food processing. The company’s product
portfolio for pet food processing includes hammer mills, mixers, extruders,
conditioners, and other equipment, such as dryers and vacuum coaters. The
company operates more than 280 production sites across 40 countries worldwide.
Buhler
Holding AG is involved in the production of equipment for the food, pet food,
mobility, and communication markets. The company’s main business areas include
grains and food products, consumer foods, and advanced materials. The company
offers pet food equipment through its grains and food segment. It provides
complete solutions for the production of dog food, cat food, and ornamental
fish feed. It offers pet food processing equipment, such as handling equipment,
mixing and grinding equipment, conditioning equipment, dryers, coaters, and
extruders. The company operates 33 production sites in 140 countries across
regions, such as North America, South America, Europe, the Middle East, and
Africa, South Asia, and Asia. The company has nearly 85 sales offices, 100
service stations, and 25 application centers worldwide.
Related Reports:
Pet Food Processing Market by Type (Mixing
& Blending Equipment, Forming Equipment, Baking & Drying Equipment,
Cooling Equipment, Coating Equipment), Form (Dry, Wet), Application (Dog Food,
Cat Food, Fish Food), and Region - Global Forecast to 2026
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
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Created on Mar 4th 2021 07:57. Viewed 168 times.