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

“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.
“North America was the largest market in 2015, whereas Asia-Pacific is projected to grow at the highest CAGR between 2016 and 2022.”
North America serves as a mature market for the pet food processing industry. The U.S. is the dominant market in this region. In order to meet end-user requirements and ensure product differentiation, equipment manufacturers have been encouraged to introduce new products that are more efficient, durable, and dependable. Asia-Pacific is projected to be the fastest-growing regional market for pet food processing equipment during the forecast period. Pet owners have become increasingly aware of the unique nutritional requirements of different pets, which is driving the demand for pet food. Thus, it is expected to have a positive influence on the growth of the pet food processing equipment market. Countries in this region are focusing on product safety to meet the demand for good pet health.
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.).
Research Coverage
This research report categorizes the pet food processing market based on equipment type, animal, and region. Based on equipment type, the market has been segmented into mixing & blending equipment, forming equipment, baking & drying equipment, and other equipment. Based on animal, the market has been segmented into dog, cat, and other animals. The regional segmentation of the market includes North America, Europe, Asia-Pacific, and RoW (Rest of the World).

Reasons to buy this report
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), and company profiles, which together comprise and discuss the basic views on the competitive landscape—emerging and high-growth segments of the global pet food processing equipment market; high-growth regions; and market drivers, restraints, and opportunities.
The report provides insights on the following:
‧ 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)

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
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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
6 PET FOOD PROCESSING EQUIPMENT MARKET, BY TYPE 46
6.1 INTRODUCTION 47
6.2 MIXING & BLENDING EQUIPMENT 47
6.3 FORMING EQUIPMENT 48
6.4 BAKING & DRYING EQUIPMENT 49
6.5 OTHER EQUIPMENT 50
7 PET FOOD PROCESSING EQUIPMENT MARKET, BY ANIMAL 51
7.1 INTRODUCTION 52
7.2 DOG 53
7.3 CAT 53
7.4 OTHERS 54
8 PET FOOD PROCESSING EQUIPMENT MARKET, BY REGION 56
8.1 INTRODUCTION 57
8.2 NORTH AMERICA 58
8.2.1 U.S. 61
8.2.2 CANADA 62
8.2.3 MEXICO 63
8.3 EUROPE 64
8.3.1 FRANCE 65
8.3.2 U.K. 66
8.3.3 RUSSIA 67
8.3.4 GERMANY 68
8.3.5 SPAIN 70
8.3.6 ITALY 71
8.3.7 REST OF EUROPE 72
8.4 ASIA-PACIFIC 73
8.4.1 CHINA 76
8.4.2 INDIA 77
8.4.3 AUSTRALIA 78
8.4.4 JAPAN 80
8.4.5 PHILIPPINES 81
8.4.6 THAILAND 82
8.4.7 REST OF ASIA-PACIFIC 83
8.5 REST OF THE WORLD 84
8.5.1 BRAZIL 85
8.5.2 ARGENTINA 86
8.5.3 SOUTH AFRICA 88
8.5.4 OTHERS IN ROW 89
9 COMPETITIVE LANDSCAPE 90
9.1 OVERVIEW 90
9.2 MARKET STANDING 91
9.3 COMPETITIVE SITUATION AND TRENDS 92
9.3.1 NEW PRODUCT DEVELOPMENTS 93
9.3.2 EXPANSIONS 94
9.3.3 ACQUISITIONS 94
9.3.4 COLLABORATIONS 94
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10 COMPANY PROFILES 95
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
10.1 INTRODUCTION 95
10.2 ANDRITZ GROUP 96
10.3 BUHLER HOLDING AG 99
10.4 BAKER PERKINS LTD. 102
10.5 THE MIDDLEBY CORPORATION 104
10.6 CLEXTRAL SAS 107
10.7 MEYER INDUSTRIES, INC. 109
10.8 MEPACO GROUP 110
10.9 COPERION GMBH 111
10.10 F. N. SMITH CORPORATION 113
10.11 MARKEL FOOD GROUP 114
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
11 APPENDIX 116
11.1 DISCUSSION GUIDE 116
11.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 119
11.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 121
11.4 AVAILABLE CUSTOMIZATIONS 122
11.5 RELATED REPORTS 123
11.6 AUTHOR DETAILS 124