(Health-NewsWire.Net, October 02, 2019 ) The pet food processing market, by equipment, consists of numerous players who manufacture equipment for secondary processing of meat for pet food; however, the industry is dominated by a few, which include ANDRITZ AG (Austria), Clextral (France), Buhler AG (Switzerland), Baker Perkins Ltd. (U.K.), and Middleby Corporation (U.S.). Other players in this market include Meyer Industries, Inc. (U.S.), Mepaco (Netherlands), Coperion GmbH (Germany), F.N. Smith Corporation (U.S.), and Markel Food Group (U.S.), which collectively accounted for the major share of the pet food processing market by equipment. New product developments and expansions were the preferred growth strategies in this market. These strategies were adopted for better market penetration, to expand their product portfolio, and to reach new potential markets.
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Baker Perkins Ltd. (U.K.) in March, 2015, installed twin-screw extruder, which would enable the company to create new products and processes in the pet food products, snacks, cereals, and other extruded food sectors. This would help clients to discover the wide capability of the Baker Perkins SBX Master extruder range, which include direct expanded, extruded, co-extruded, and cut products.
ANDRITZ AG (Austria) is a leading supplier of plants, equipment and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and for solid/liquid separation in the municipal and industrial sectors, as well as for animal feed and biomass pelleting. Its other main business segments include automation and service business. The primary focus of the company is on supplying technologies along with an R&D program to develop new solutions for the pet food processing equipment market. The company’s diversified product portfolio reduces its market risks to a great extent.
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Buhler AG (Switzerland) pursues growth strategies that are oriented toward the respective local market opportunities. Combining engineering and application expertise, the company’s innovative solutions add value and strengthen the competitive position of its customers. The company has a strong global footprint with service and production facilities, which underlines the positive impact of creating an integrated service division. The core technologies of the company are in the field of mechanical and thermal process engineering. The company strives toward continuous improvement of its products and services and implementation of measures to optimize its global production network in order to increase efficiency. However, operational efficiency and revenue were impacted by inadequate capacity utilization and restructuring costs. Despite these obstacles, the company managed to stabilize its annual revenue with the help of increased order intakes of various products.
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