The global pet food processing market was valued at USD 4.51 billion in 2019. The key factors driving the growth of the demand for pet food processing include the growing trend towards premiumization of pet food products, growing pet adoption and acceptance of animals across regions
The growing market patterns associated with pet food products, such as the growing demand for high-quality commercial pet food products, are expected to induce manufacturers of processing equipment to opt for advanced and creative pet food production machinery. Rising demand for dog food is expected to drive the pet food market over the forecast period along with growing competition in the premium pet food segment. Dry food is experiencing a rapid increase in demand compared to other company equivalents due to its flexibility in terms of storage and feeding without causing any mess. This affects urban buyers, who are increasingly opting for pet food. Canned food is more appealing to dogs and cats, as proteins, fats, and few carbohydrates are included in this product type. Wet / canned pet food is easy to eat and therefore minimizes backyard cleaning activity. The higher digestibility of wet food makes it ideal for ill-feeling cats and dogs and others who are good eaters.
It is estimated that the growing trend of dog adoption as a family companion would drive the demand for the drug. In particular, dogs experience a growing trend in terms of the idea of animal household humanization. This led to an increasing number of people owning dogs and feeding them with quality food. In addition, one of the main factors driving the pet food industry is rapid urbanization.
Key segments of the Pet Food Processing Market
Application Overview, 2015-2025 (USD Billion) (K MT)
- Dog food
- Cat food
- Fish food
Form Overview, 2015-2025 (USD Billion) (K MT)
Type Overview, 2015-2025 (USD Billion) (K MT)
- Mixing & blending equipment
- Forming equipment
- Baking & drying equipment
- Coating equipment
- Cooling equipment
Regional Overview, 2015-2025 (USD Billion) (K MT)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
Reasons for the study
- The increasing trend of pet humanization has also encouraged dog owners
- The introduction of new extrusion technologies and its use in the pet food sector
- The demand for dry pet food products is increasing due to the cost-effectiveness of dry form, convenience in handling, and ease of purchasing in bulk
What does the report include?
- The study on the global pet food processing market includes analysis of qualitative market indicators such as drivers, restraints, challenges and opportunities
- Additionally, the market competition has been evaluated using the Porter’s five forces analysis
- The study covers qualitative and quantitative analysis of the market segmented on the basis of applications, product, and end user. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the considered segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global pet food processing market is suitable for all the players across the value chain including raw material suppliers, pet processing food providers, manufacturers, distributors, suppliers and retailers
- Venture capitalists and investors looking for more information on the future outlook of the global pet processing food market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global pet food processing market
The rising demand for wet pet food is primarily due to the high nutritional content and the availability, for the growth of pets, of animal proteins. Although less cost-effective, the increased trend of humanization of animal and luxury goods promoted a growing demand among pet owners for affordable and high-quality pet food.
The Japanese government, for example, has introduced the Pet Food Protection Law (Law No. 83 of 2008) for pet food producers, importers, and wholesalers to protect pet health and control the process of production. These policies will further improve the overall size of the pet food industry. Owing to ongoing pet health concerns, the need for transparency has increased among consumers when buying pet food products. Therefore the Food and Drug Administration (FDA) guarantees the weight-based products used in pet foods are placed on the labels. This also assesses claims on pet foods such as "mains urinary tract safety," "low magnesium" and "hairball regulation."
The dog's food industry is predicted to play the biggest role in the world market for animal feed. The rising number of dogs and the increasing trend of the humanization of animals has prompted dog owners to embrace them as accompanying pets that are intended to increase demand for quality dog food. This will fuel the growth of the overall demand for pet food processing equipment. Among other species, dogs worldwide have the highest population. Animal owners experience a growing trend to purchase premium and food-rich animal food and choose high-quality food for their pets.
The global pet food processing market has been segmented based on applications, type, and form. By product, dry food is useful for maintaining proper oral care in dogs with minimal tartar buildup on the teeth of the animal, and plaque removal. Additionally, this form of the product provides the snap and chewing required to preserve animal overall health.
High moisture content helps ensure animals are hydrated and the urinary tract benefits. The high cost of the product, especially protein canned foods made of meat, may therefore limit its consumer demand and therefore limit the growth of the segment over the prediction period. The need for freezing as in the case of canned food is every by dry food. Animal foods are commonly used to enhance dietary consumption and the purity of ingredients, while treatments are used to encourage healthy behaviour. Baked products like roasted grains, biscuits or snacks consist of dried fruits and vegetables. As a result, increased awareness of the consumer's pet safety has led to increased emphasis on decreased dog weight and the overall preservation of health. Customers choose a variety of products and rely primarily on labels. Manufacturers are increasingly operating in the luxury food sector to raise their total profit margin. More than one cat is rising constantly, in particular in Europe and North America, thus boosting the market for products.
The global pet food processing market is cumulative to North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global pet food processing market in 2019, however, Asia Pacific is expected to grow at the highest pace through 2025.
North America is expected to account for the largest share of the market by 2025. The dominance of the market in this area is due to factors like the growing trend of pet-friendly animals, which helps to increase the population of pets significantly, thus rising pet food demand. The key players in the industry are companies such as Middleby Corporation, The Mepaco Group, and Reading Bakery Systems, which focus on meeting North American pet food producers' demands. The awareness of pet owners has led the manufacturers to follow the highest standards of food safety, thereby supporting the market growth in North America
Key players dominating the global pet food processing market include Andritz Group, Buhler Holding AG, The Middleby Corporation, GEA Group, Baker Perkins Ltd., Clextral SAS, Precision Food Innovations, Mepaco Group, Coperion GMBH, F.N. Smith Corporation, Reading Bakery Systems, and Selo These players have broad industry coverage and high operational and financial strength.