Global Pet Food Processing Market is expected to reach $7.07 billion 2027 growing at a CAGR 6.0% during 2018 to 2027.

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Some of the key players in Pet Food Processing Market include Andritz Group, Baker Perkins LTD, Buhler Holding AG, Clextral SAS, Coperion GmbH, LTD, Mepaco Group , Precision Food Innovations, Probake, Reading Bakery Systems, Selo and The Middle by Corporation.

Gaithersburg, Maryland, United States – April 24, 2020 /MarketersMedia/

Some of the key factors propelling the market growth are rising growth of premiumization across the pet food category and order for extruded products. However, depreciating processing capability of kit is the restraining factor for the growth of the market.

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Pet foodstuff is plant or animal material intended for consumption by pets in general sold in pet preserve and super markets; it is usually specific to the type of animal, such as dog food or cat food. Most meat used for nonhuman animals is a by product of the human food industry, and is not regarded as “human grade”

By application, dog food segment is expected to grow at the significant market share during the forecast period due to the increasing dog population across regions. The increasing trend of pet humanization has also encouraged dog owners to accept them as companions due to their friendliness, which is projected to drive the demand for premium dog food products, thus contributing to the growth.

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On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to increasing trend of adopting pets as a family member, which leads to a major rise in the pet population, thereby driving the demand for pet food products. Companies such as Middle by Corporation (US), Mepaco Group (US), and Reading Bakery Systems (US), are the key players operating in this market and focus on catering to the demands of pet food processors in North America.

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Types Covered:
• Baking & Drying Equipment
• Coating Equipment
• Cooling Equipment
• Forming Equipment
• Mixing & Blending Equipment
• Other Types

Animals Covered:
• Cat
• Dog
• Fish

Forms Covered:
• Dry
• Nutritional Food
• Organic
• Treats/Snacks
• Veterinary Diet
• Wet

Sales Channels Covered:
• Specialized Pet Shops
• Online Stores
• Hypermarkets/Supermarkets
• Grocery Stores

Applications Covered:
• Fish Food
• Cat Food
• Dog Food
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-pet-food-processing-market-is-expected-to-reach-707-billion-2027-growing-at-a-cagr-60-during-2018-to-2027/88955043

Source: MarketersMedia

Release ID: 88955043

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