Reliable Data You Can Trust
Reliable Data You Can Trust
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.
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
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.
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.
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.
Please Choose One of them.