Pet Food Processing Market Size, Share Global Analysis Report, 2021 – 2026

Industry Insights

[203+ Pages Report] The latest finding surrounding the Global Pet Food Processing Market published by Facts &Factors offers a neatly packaged and comprehensive read. In this report,  the global pet food processing market will reach a projected value of USD 7.1 Billion by 2026 growing at a CAGR value of 4.9% from an initial value of USD 4.5 Billion in the year 2020.

Market Overview

Pet food processing is the ability of cooked pet food to be stored using chemically induced means. They often contain grains, fiber, preservatives, artificial coloring, binders, and various forms of unhealthy forms fats. Processed pet foods often provide the correct amount, balance, and availability of nutrients for the proper physical and mental health and activity for the intended pets.

Industry Growth Factors

The global pet food processing market is expected to be occupying a larger market share during the advent of the forecast period owing to a rising trend of product premiumization among pet food manufacturers coupled with an increasing acceptance of pets across the global purview to name a few. Additionally, rising consumer trends related to pet food products coupled with increasing preference for a higher quality commercial pet food production will increase the footprint of the global pet food processing market during the advent of the forecast period. Moreover, increasing disposable income coupled with increased adoption of domestic animals will boost the sales of the global pet food processing market during the advent of the forecast period.

The global pet food processing market is driven by rising awareness among pet owners for opting for a health-enriching food product with present proactive agents coupled with rising investments opportunities to name a few. Factors pertaining to the introduction of advanced technologies coupled with rapid developments in terms of improving various pet foods will fuel the growth of the global pet food processing market during the advent of the forecast period. However, higher costs and less intended consumer awareness will decrease the growth of the global pet food processing market during the advent of the forecast period.

Segmentation Analysis

The global pet food processing market is segmented into equipment, form, application, and region.

On the basis of equipment, the global pet food processing market is categorized into mixing & blending, forming, baking & drying, coating, cooling, and others. The segment pertaining to forming is expected to witness the largest market share during the advent of the forecast period owing to rapidly advancing extrusion technology coupled with ever-changing demands for pet food products to name a few. Based on form, the global pet food processing market is bifurcated into wet and dry. The dry food segment is expected to witness the largest market share during the advent of the forecast period owing to the latter offering minimal tartar buildup coupled with the elimination of refrigeration to name a few. The global pet food processing market is fragmented into dog food, cat food, fish food, and others on the basis of application. The dog food category is expected to occupy the largest market share during the advent of the forecast owing to the rising dog population across a global purview coupled with the increasing trend of pet humanization measures to name a few.

Report Scope

Regional Analysis

North America is expected to witness the largest market share during the advent of the forecast period owing to a stronger presence of the region in terms of premium pet food products coupled with an increasing demand for dry food measures to name a few. Additionally, a rising trend of adopting pets as a family member coupled with rising awareness among pet owners to comply with a higher standard of care will increase the footprint of the global pet food processing market during the advent of the forecast period. MEA is expected to witness the fastest growing CAGR during the advent of the forecast period owing to a popular trend of having pet as a status symbol coupled with rising awareness about pet health in terms of allergies and dietary tolerance to name a few.

Competitive Players

The key market participants for the global pet food processing market are

• 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
• Coperion GMBH

By Equipment Segment Analysis

• Mixing & Blending
• Forming
• Baking & Drying
• Coating
• Cooling
• Others

By Form Segment Analysis

• Wet
• Dry

By Application Segment Analysis

• Dog Food
• Cat Food
• Fish Food
• Others

By Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA