PUNE, India, April 11, 2017 /PRNewswire/ --
The report "Pet Food Processing Market by Equipment (Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, and Other Equipment), Animal (Dog, Cat, and Other Animals), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market (by equipment) is projected to reach a value of USD 4.27 Billion by 2022 at a CAGR of 3.5% from 2016.
Browse 69 market data Tables and 33 Figures spread through 124 Pages and in-depth TOC on "Pet Food Processing Market"
Early buyers will receive 10% customization on this report.
The market is driven by factors such as growing demand for pet food supplies, rising pet population, and increasing awareness towards pet health and pet humanization. Developing markets such as Brazil, Argentina, China, and India hold high growth potential in the pet food processing equipment market which provide new development opportunities for market players.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=9535004
Baking & drying equipment segment held the largest share in the global Pet Food Processing Market by equipment in 2015
The market demand for mixing & blending equipment used for pet food processing is driven by new technology development, automation in processing equipment, and the introduction of integrated, multifunctional effective systems. The demand for these processing equipment is projected to increase in the emerging markets. The Asia-Pacific market is projected to grow due to rising disposable incomes, which will provide the significant opportunities for blenders & mixers sales, supported by healthy gains in demand, increased productivity, and fixed investment spending.
Dog food segment is projected to depict high potential in the Pet Food Processing Market by equipment
The dog food segment is estimated to grow at the highest CAGR from 2016 to 2022. The dietary trend and premium products are expected to drive the overall growth of the dog food market.
Asia-Pacific is expected to show growth potential in the Pet Food Processing Market by equipment
The Asia-Pacific region is one of the key markets for the pet food processing equipment market. Its growth is attributed to the rising awareness of the healthy food for pets. This is expected to have a significant impact on the equipment industry, as the demand for newer and modern equipment is expected to increase in the coming years.
The report Pet Food Processing Market includes a study of marketing and development strategies, along with the product portfolios of leading companies. These leading companies include ANDRITZ AG (Austria), Clextral SAS (France), Buhler AG (Switzerland), Baker Perkins Ltd. (U.K.), and Middleby Corporation (U.S.).
Browse related reports:
Beverage Processing Equipment Market by Equipment Type (Brewery, Filtration, Carbonation, Blenders & Mixers, Heat Exchangers & Others), Beverage Type (Alcoholic, Non-Alcoholic & Dairy), & by Region - Global Trends and Forecast to 2020
Dairy Processing Equipment Market by Type (Pasteurizers, Homogenizers, Separators, Evaporators & Dryers, Membrane Filtration Equipment), by Application (Processed Milk, Cream, Milk Powder, Cheese, Protein Ingredients) & by Region - Global Forecast to 2020
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets