Pet Food Extrusion Market

Request Discount

Pet Food Extrusion Market (Type - Complete Diets, and Treats; Animal - Dogs, Cats, Fish, and Birds; Pet Food Extruder Equipment - Single Screw, and Twin Screw): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : February, 2022

  • Rep Id : FB0356

  • Category : Food & Beverages

  • Status : Published

A recent report published by Infinium Global Research on the pet food extrusion market provides in-depth analysis of segments and sub-segments in the global as well as regional pet food extrusion market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional pet food extrusion market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global pet food extrusion market. According to the report, the global pet food extrusion market is projected to reach USD 90 billion by 2027 from USD 65 billion in 2021, growing with a CAGR of 6% over the forecast period of 2021-2027.

 

Market Insight

Pet food extrusion refers to a form of extrusion extensively used in food processing. A set of assorted components is imposed through an opening in a punched plate with a particular project to food, in this method. The components are then abridged through a specific dimension by blades. An extruder is deployed to force the mixture by the punched plate. The extruder includes a huge rotating screw that is firmly fits in a motionless barrel. The rise in the awareness of the health of animals across the world acts as one of the key driving forces for the growth of the pet food extrusion market. The rise in the change in focus to natural and grain-free products and the increase in pet humanization accelerate the market growth. The rise in preference for food products to enhance the health and efficiency of domestic animals and the increase in expenditure in the pet industry will boost the market. Moreover, speedy urbanization, rise in disposable income, increase in consciousness, and a rising pet population positively affect the pet food extrusion market. Furthermore, an increase in demand for improved equipment and technologies extends profitable opportunities to the market players in the forecast period.

 

Increasing customer preference for healthy and nutritional pet food is anticipated to steer the market around the world. With the growth of the pet population, the worldwide pet food industry has been expanding because of the increasing expenses of pet owners on pet food products. Pet owners consider their pets to be a part of the family and supply nutritional pet food products; these are the foremost significant factors that are positively impacting the demand for extruded pet food products with high protein value. This factor is predicted to extend the demand for pet food However, some stringent regulations associated with the ingredients utilized in extruded pet food products may hamper the expansion of extruded pet food products market during the forecast period.

 

Among the regions, North America dominates the pet food extrusion market because of the thriving pet food processing industry and also the presence of major companies like Mars and Nestle. The u. s. is predicted to dominate the North American pet food extrusion market. Most U.S. household has one or more pets. As per the Pet Products Association,  pet owners spend a high amount on pet care products in previous years which can increase over the forecast period. Hence, there's an increasing demand for the pet food extrusion market. New product launches within the developed markets will have positive growth. However, the Asia Pacific region is anticipated to grow at the very best rate within the global pet food extrusion market over the forecast period. The expansion within the number of distribution channels like e-commerce and rising demand for premium and super-premium products as well as the trend of pet humanization is anticipated to drive the market in this region

 

Pet Food Extrusion Market


Segment Covered

The report on global pet food extrusion market covers segments such as type, animal, and pet food extruder equipment. On the basis of type, the sub-markets include complete diets, and treats. On the basis of animal, the sub-markets include dogs, cats, fish, and birds. On the basis of pet food extruder equipment, the sub-markets include single screw , and twin screw.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Nestle, Andritz, Buhler, Clextral, Pavan, Thermo Fisher Scientific, Jinan Sunward Machinery Co., Ltd., Loyal Industrial Co.,Ltd, Baker Perkins Limited, and Arrow Machinery Co., Ltd.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the pet food extrusion market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


Other Reports in This Category
24 hour delivery through email
9923950043 Monday to Frieday 9am-7pm
looking for discount