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.
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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.
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
By form, the global pet food processing market is also classified into,
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).
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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.
- 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.
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.
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
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