The global pet food processing market size is projected to grow from USD 4.6 billion in 2019 to USD 6.5 billion by 2027, recording a CAGR of 5.2% during the forecast period. A growing number of pet owners are very particular when it comes to choosing their pets’ goods. From ingredients to packaging lines, pet food producers are entirely rethinking their methods, their products, and even their production facilities. While the shift in consumer choices of pet owners is leading to many changes in the pet food industry, and earlier shifts first got manufacturers wondering pet food in additional human terms. All the pet food processing facilities began to take a critical look in their operations when the FDA announced that the food safety and modernization act would also regulate pet food. This led in the betterment of the food quality but resulted in a slow down for the manufacturers of the pet food.
The latest report is one of the most sought-after market research documents covering the grave impact of the COVID-19 outbreak current situation on the Pet Food Processing market. The market intelligence report closely investigates the severe disruptions to this business sphere brought about by the pandemic. The coronavirus outbreak has significantly affected the Pet Food Processing business landscape, posing threats to the developmental scope of the key manufacturers and buyers involved in this sector. The report further provides expert speculations about the post-COVID-19 scenario of the market.
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Geographical Segmentation:
The report is a prototype of the Pet Food Processing market and focuses on the market’s major regional segments. The market has been categorized into several key geographical segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. In this section of the report, the anticipated market share, market size, revenue contribution, sales network, distribution channels, and numerous other aspects of each region have been evaluated.
Competitive Terrain:
The global Pet Food Processing market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies’ current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Pet Food Processing market are listed below:
Andritz Group (Austria), Buhler Holding AG, The Middleby Corporation, GEA Group, Baker Perkins Ltd., Clextral SAS, Precision Food Innovations, Mepaco Group, Coperion GMBH, F.N. Smith Corporation, Reading Bakery Systems, Selo, Automated Process Equipment Corporation (APEC), Gold Peg International, Probake Inc
Based on Application, the pet food processing market has been segmented as follows: (Revenue, USD Million; 2020-2027)
Dog food, Cat food, Fish food, Other applications (pet food for tortoises, rabbits, and ornamental birds)
Based on Form, the pet food processing market has been segmented as follows: (Revenue, USD Million; 2020-2027)
Dry, Wet
Based on the Type, the pet food processing market has been segmented as follows: (Revenue, USD Million; 2020-2027)
Mixing & blending equipment, Forming equipment, Baking & drying equipment, Coating equipment, Cooling equipment, Other types (vacuum pumping and stuffing machines)
Key Points of the Report:
- Market Overview: This section of the report offers actionable insights into the global Pet Food Processing market, encompassing the historical and future timelines, key dynamics, latest market trends, growth trajectories, and the future market scope. It highlights the principal market segments, including the main product types, application gamut, end-user industries, and regional spectrum.
- Executive Summary:In this section of the report, a comprehensive assessment of the competitive landscape of the market, regional mapping, CAGR, and various crucial parameters like key market drivers, restraints, trends, challenges, and growth prospects.
- COVID-19 Impact Analysis: The report closely analyzes the impact of the COVID-19 pandemic on numerous aspects of the Pet Food Processing industry, such as production capacity, consumption rate, import-export status, demand & supply ratio, and the estimated revenue generation of each regional segment.
- Competitive Landscape: This segment of the report systematically profiles the leading companies functioning in the Pet Food Processing industry. Moreover, the report emphasizes the global market value & volume, product portfolios, production capacity, and other vital aspects of these companies.
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