Pet food processing market worth $6.2 Billion by 2026

Pet food processing market is projected to grow to 6.2 billion dollars by 2026 according to MarketsandMarkets.

February 2, 2020

According to the new market research report "Pet Food Processing Market by Type (Mixing & Blending Equipment, Forming Equipment, Baking & Drying Equipment, Cooling Equipment, Coating Equipment), Form (Dry, Wet), Application (Dog Food, Cat Food, Fish Food), and Region - Global Forecast to 2026", published by MarketsandMarkets, the Pet Food Processing Market is projected to grow from USD 4.4 billion in 2019 to USD 6.2 billion by 2026, recording a CAGR of 5.0% during the forecast period. The major factors driving the growth of the pet food processing market include the increasing trend of pet food product premiumization, rising pet adoption, and acceptance of pets across regions.

According to some industry players, pet food label modernization (PFLM)-related changes are estimated to cost the pet food industry more than $1 billion in updates to comply with the new requirements.

PFLM: Are you ready?

Dog And Cat Eating

Yeast: A possible approach to preventing pet disease

Pet Food Market

Colombian pet food, dairy leaders collaborate on new dog treat

A collaboration between Italcol, a leading Colombian pet food manufacturer, and Alpina, a dairy giant, has created Dog Yurt, a blend of dairy expertise with pet nutrition.

Colombian pet food manufacturer Italcol has teamed up with Alpina to launch Dog Yurt, a new line of topping-snacks designed with probiotics.

Brand Insights

Pet Food Quality: A More Holistic Approach to Food Safety

KEMIN NUTRISURANCE

Learn why addressing microbial risks throughout the value chain is critical to a robust food safety program. Brand Insights from Kemin.

Pet Food Quality: A More Holistic Approach to Food Safety

Pet Food Company Profiles

Artie: Providing people with the power to cook for their pets

Artie stands out with freeze-dried and dehydrated whole food ingredients combined with a unique appliance made for turning those ingredients into cooked pet food.

Eli, a Terrier mix, typifies the excitement many dogs have for “home cooked” meals, and Artie aims to help more dogs experience that happiness.

Market Trends and Reports

Myanmar pet food market sinks further as civil war continues

Cats, dogs and practically all kinds of animals in Myanmar are in for another tough year as the country’s civil war enters its third year.

Myanmar’s pet food market has been beset by instability and violence as the country continues in a state of civil war.

Market Trends and Reports

General Mills’ pet food sales down 3% in Q3 FY24

Net sales results in the quarter included declines in pet treats and dry pet food, partially offset by growth in wet pet food.

Dall·e 2024 02 27 13 11 13 Andy Warhol Painting Of A Cat Holding A Stack Of Dollar Bills

Pet Food Market

Small dogs make big impact on shaping Mexico's pet food industry

A recent report highlights a shift in consumer preferences toward small dogs causing a slowdown in the country's pet food production.

The preference for smaller breeds is having a marked impact on the overall demand for pet food volumes in Mexico.

Insect-based Cat and Dog Food

Innovafeed opens insect innovation center in Decatur, Illinois

This is the first step in the company's industrial expansion to North America, which aims to scale up production and commercialization of insect protein in the U.S.

Maye Walraven, U.S. general manager at Innovafeed, displays one of the six insect cages at the recently opened North American Insect Innovation Center (NAIIC), on April 18.

Adventures in Pet Food

Pet food inflation slowly declining, producer prices aren’t

Year-over-year pet food prices showed improvement in March 2024, but increases are still in double digits compared to 2021, driven by higher producer prices.

Nvs My World Shutterstock com pet Food Inflation Costs

Grains and Starches

Nestlé Purina, Cargill partner to reduce dry pet food carbon footprint

Nestle Purina PetCare

Investment in regenerative agriculture is estimated to reduce the carbon footprint of Purina’s U.S. grain supply from Cargill by up to 40% over the next three years.

Nestlé Purina and Cargill are partnering on regenerative agriculture adoption to reduce the carbon footprint of Purina dry pet food products.

Pet Food Market

Plant-based ingredient supplier enters pet food market

Green Boy's pet food division will will offer ingredients for dry and wet pet food and for the utilization of all kinds of pet food products.

Bean, the Green Boy mascot, and his friend, Junior, celebrate the opening of Green Boy Groups Pet Food Division on April 1.

Pet Food Market

Private label pet food enjoys booming popularity in Eastern Europe

Private labels have acquired nearly a third of the overall value share in Europe, indicating a significant shift in consumer preferences toward more affordable alternatives to branded pet food.

Analysts anticipate the share of private label brands is poised to continue its upward trajectory in Europe as consumers look to reduce expenses during the ongoing cost-of-living crisis.

Petfood Forum News

Petfood Forum Europe 2024 tackles opportunities, challenges

Petfood Forum Europe will co-locate with Interzoo for the second time and feature research and insights on the biggest topics for the pet food industry.

Petfood Forum Europe features industry experts presenting research and insights on the most significant topics for pet food.

Petfood Forum News

Petfood Forum 2024 explores the cutting edge for pet food

During Petfood Forum 2024, industry experts will present on advances in AI, alternative proteins, the microbiome, automation and other hot topics for pet food.

Petfood Forum focuses on networking, including during the opening reception.

Page 1 of 699