Pet food is a kind of specialty food given to domesticated animals that are prepared compliant with the animals’ nutritional requirements. Normally, the pet food contains meat by-products, meat, vitamins, cereals, minerals, and grains. Pet food processing system sees to the development and manufacturing of speciality food for domesticated animals or pets. It offers the pet owners the option to select from a huge array of pet products that comprise the semi-moist, dry canned types like treats, biscuits, and kibbles.
The global pet food processing market is likely to witness substantial growth over the forecast period owing to the rising reflections on the well-being and health of pets and animals that have set new norms. The growing rate of pet adoption is also projected to spur market expansion in the years to come. In addition, the growing trend of product premiumization amongst producers of pet food and the increasing approval of pets across regions are other key factors promoting the growth of the global market. Furthermore, the rising demand for premium and specialized food products due to growing buying capacity of pet owners along with superior health advantages of pet food is anticipated to expand the market expansion in the upcoming years. The producers are also bringing up pet foods in numerous colors, flavors, & shapes thereby increasing customer base and supporting market growth.
The global pet food processing market is categorized based on equipment type, form, animal type, and region. By equipment type, the market is classified into baking & drying equipment, forming equipment, mixing & blending equipment, and others. The market, by form, the market is segregated into dry and wet. The market, by animal type, is divided into cat, dog, and others.
Geographically, the global pet food processing market is led by North America owing to the escalated adoption rate of pets like birds, cats, & cats and increased disposable income of people. Also, the advent of advanced methodologies in the pet food processing industry is projected to drive the regional market expansion. Asia Pacific is predicted to display exponential growth during the forecast period owing the rising urbanization across numerous economies, like India, Thailand, and China.
Few of the prominent players in the global pet food processing market comprise Buhler Holding AG, Andritz Group, The Middleby Corporation, Baker Perkins Ltd., Meyer Industries, Inc., Clextral SAS, Coperion GmbH, Mepaco Group, Markel Food Group, and F. N. Smith Corporation, among others. To cite, a US pet food and treat brand, Scout & Zoe’s, in 2020, introduced Super Fly, its latest product line, for dogs. These are the foremost insect-based products of the company.
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