$4.27 Billion Pet Food Processing Market by Equipment Type, Animal & Region – Global Forecast to 2022 – Research and Markets
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Pet
Food Processing Market – Global Forecast to 2022″ report to
their offering.
The global pet food processing market, by equipment, has grown
considerably in the last few years. The market size of pet food
processing equipment is projected to reach USD 4.27 Billion by 2022, at
a CAGR of around 3.5% from 2016. Pet food manufacturers demand new and
automated pet food processing machineries in order to ensure an
uninterrupted production flow. Increasing usage of processed & packaged
pet food by pet parents is responsible for this unprecedented demand of
pet food processing equipment from the pet food manufacturers.
The pet food processing market by equipment, on the basis of equipment
type, has been segmented into mixing & blending equipment, forming
equipment, baking & drying equipment, and other equipment. Forming
equipment is projected to grow at the highest CAGR during the forecast
period. Forming equipment include extruders, molders, sheeters,
dividers, slicers, and cutters, among others. The pet food industry
depends heavily on extrusion equipment manufacturers for producing
various forms of pet food. Baking & drying equipment include thermal
processing solutions such as dryers and ovens. These are the primary
equipment required to cook/dry intermediate pet food products.
The Asia-Pacific market is projected to grow at the highest CAGR during
the forecast period. This growth is attributed to increasing awareness
for the unique nutritional requirements of different pets, which is
driving demand for the pet food market.
Companies Mentioned
- Andritz Group
- Baker Perkins Ltd.
- Buhler Holding AG
- Clextral SAS
- Coperion GmbH
- F. N. Smith Corporation
- Markel Food Group
- Mepaco Group
- Meyer Industries, Inc.
- The Middleby Corporation
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Pet Food Processing Market, By Equipment Type
7 Pet Food Processing Market, By Animal
8 Pet Food Processing Market, By Region
9 Competitive Landscape
10 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/93zf3k/pet_food
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Related
Topics: Pet
Food
