Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global
pet food processing market makes an offering of in-depth analysis of segments
and sub-segments in the regional and international pet food processing market.
The research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global pet food processing market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of the global market is offered. In accordance with the
report, the pet food processing market is projected to expand at a CAGR of 4.5%
over the period of forecast.
Market Insight, Drivers,
Restraints & Opportunity of the Market:
Pet food is the
food which is consumed by household pets. Often times, they need to be
specialized according to the animal which is consuming them because not every
animal requires the same nutrients. So, professionals segregate suitable food
and infuse them with the required nutrients which meet the needs to pets to
ensure their growth and health. This explains the boom in the pet food
processing market.
Pet foods are a
big advantage as they eliminate hassle for the pet owner by segregating food
for pets alone. Confusion is lesser as owners have an easier time identifying
the foods kept for different beings in a house. Also, pet foods do not require
refrigeration in most cases. Many companies have adopted expansion strategies
to increase their reach to get access to more customers. There are various
types of machines: hammer mills, air and dust filters, weighing systems, mixers,
extruders, combi zone dryer, conditioning machines available to make sure that
proper quality of pet food is ensured.
Processing pet
food requires high cost instruments and sophisticated procedures which cannot
be afforded by all industries, especially new ones. Added to that, pet obesity
has been increasing. R&D sectors in the pet food industry need to be
maintained properly with changing situations, especially in this pandemic.
These situations above make it hard for the pet food processing market to grow.
High moisture
content in pet foods ensures right functioning of the urinary tract and proper
digestion of the nutrients in the gut. Feeding pets with a good nutritious diet
helps boost their immune system in the long run. ANDRITZ designs, supplies and
produces pet food at one point. Newly introduced technologies in the pet food
market offer a lot of promises considering development in hygiene standards.
Buhler Holding AG provides complete solutions for dog food, cat food and
ornamental fish feed deriving their feed from natural and synthetic sources.
They employ processes of raw material intake, handling, weighing and dosing,
mixing, grinding, conditioning, drying and coating to get the food to the final
form. Selo, another brand, uses one shot filled systems and two shot filled
systems, respectively with mixed gravy and chunks, and the second one with
weigher and volumetric dosing. There are several types of machines serving
various purposes in the process which are extruders, meat kitchen, emulsion
hoppers, steam tunnels, colour injection etc. This market has great
opportunities if the production is increasingly digitized and thus, properly
employed.
Segment Covered:
This market
intelligence report on the global pet food processing market segments based on
application, type, and country/regions.
In terms of application, the global pet food
processing market is segregated
into
§ Dog food
§ Cat food
§ Fish food
§ Others
By form, the global pet food processing market is also classified into,
§ Dry
§ Wet
By country/region, the global pet food processing market
has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Buhler Holding AG
§ GEA Group
§ Jinan Darin Machinery
§ Jinan Bright Machinery
§ Probake Inc.
§ Selo
§ Automated Process Equipment Corporation
§ Mepaco Group
§ Gold Peg International
§ Baker Perkins
Other players
have been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as pet food processing market related investment
& spending and developments by major players of the market are tracked in
this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that,
Growth Matrix analysis is also provided in the report so as to share insight of
the investment areas that new or existing market players can take into
consideration. Various analytical tools such as DRO analysis, Porter's five
forces analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market
share of the global players.
Salient Features:
Ø
This study
offers comprehensive yet detailed analysis of pet food processing market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains
upcoming revenue opportunities across various market segments and attractive
matrix of investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market
opportunities, restraints, drivers, launch of new products, competitive market
strategies of leading market players, emerging market trends, and regional
outlook
Ø
Profiling of
key market players in the world of pet food
processing market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as GEA Group, Selo,
Probake, Jinan Bright Machinery, Mepaco Group and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for pet food
processing caters to the needs
of various stakeholders pertaining to this industry, namely suppliers,
manufacturers, investors, and distributors for the market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies has been taken into consideration before coming to
a conclusion.
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the pet food processing market
v
Identification
of key factors driving investment opportunities in the pet food processing market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants