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The global pet food processing market size is projected to grow from USD 4.6 billion in 2019 to USD 6.5 billion by 2027, recording a CAGR of 5.2% during the forecast period.
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Pet Food Processing Market To Reach USD 6.5 Billion By 2027 www.reportsanddata.com
Market Summary The global pet food processing market size is projected to grow from USD 4.6 billion in 2019 to USD 6.5 billion by 2027, recording a CAGR of 5.2% during the forecast period. A growing number of pet owners are very particular when it comes to choosing their pets' goods. From ingredients to packaging lines, pet food producers are entirely rethinking their methods, their products, and even their production facilities. While the shift in consumer choices of pet owners is leading to many changes in the pet food industry, and earlier shifts first got manufacturers wondering pet food in additional human terms. All the pet food processing facilities began to take a critical look in their operations when the FDA announced that the food safety and modernization act would also regulate pet food. This led in the betterment of the food quality but resulted in a slow down for the manufacturers of the pet food. Read More @ https://www.reportsanddata.com/report-detail/pet-food-processing-market
Market Summary Key players include Andritz Group (Austria), 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, Selo, Automated Process Equipment Corporation (APEC), Gold Peg International, ProbakeInc Based on Application, the pet food processing market has been segmented as follows: (Revenue, USD Million; 2020-2027) Dog food, Cat food, Fish food, Other applications (pet food for tortoises, rabbits, and ornamental birds) Based on Form, the pet food processing market has been segmented as follows: (Revenue, USD Million; 2020-2027) Dry, Wet Based on the Type, the pet food processing market has been segmented as follows: (Revenue, USD Million; 2020-2027) Mixing & blending equipment, Forming equipment, Baking & drying equipment, Coating equipment, Cooling equipment, Other types (vacuum pumping and stuffing machines)
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