Pet food processing market worth 4.27 billion usd by 2022

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MarketsandMarkets Presents
Pet Food Processing Market worth 4.27 Billion USD
by 2022
http//www.marketsandmarkets.com/Market-Reports/pe
t-food-processing-market-9535004.html
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• 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", The pet
  food processing 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 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
• http//www.marketsandmarkets.com/Market-Reports/p
  et-food-processing-market-9535004.html

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• 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.
• 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.

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• 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.
• This report 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.).

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