Pet Food Extrusion Market Analysis, Trends, Growth, Industry Overview, & Forecast to 2022


Posted December 5, 2018 by supriya1234

North America is estimated to occupy the largest share of the global pet food extrusion market, in terms of value, in 2017, owing to the booming pet food processing industry and presence of major companies such as Mars and Nestle.

 
The pet food extrusion market studied in this report involves the market coverage of extruded pet food products and pet food extrusion equipment. The pet food extrusion market is projected to grow at a CAGR of 5.6% over the next five years, to reach USD 72.64 Billion by 2022.

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The increasing demand for extruded pet food has fueled the demand for pet food extrusion equipment as these equipment enhance the quality of pet food along with the shaping and sizing benefits, which helps meet the demand for premium and super premium food products for pets with a long shelf life and high bacterial safety. Thus, manufacturers are expanding their capabilities to meet the increasing demand for pet food. The type of extrusion equipment required depends on the extrusion process, type of pet food, ingredient type, amount, and cooking time in relation to the desired maximum capacity.

North America is estimated to occupy the largest share of the global pet food extrusion market, in terms of value, in 2017, owing to the booming pet food processing industry and presence of major companies such as Mars and Nestle. The South American and Asia Pacific regions are projected to be fast-growing during the forecast period. Key players in Europe and the US focus on tapping the pet food extrusion market in countries such as India and China, owing to which Asia Pacific is expected to witness high growth in the coming years.


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The stringent rules and regulations with regard to certification, sterilization, hygiene, and labeling of ingredients are the major factors restraining the growth of the extruded pet food products market, globally. The major challenges faced by the pet food product processors/manufacturers are the capital investment for equipment and threat for counterfeit products.

The market for pet food extrusion equipment is dominated by key players such as Andritz (Austria), Buhler (Switzerland), Clextral (France), Pavan (Italy), Diamond America (US), Lindquist Machine (US), The Bonnot (US), Kahl Group (Germany), Baker Perkins (UK), Coperion (Germany), Doering Systems (US), Brabender (Germany), and American Extrusion International (US), while the market for extruded pet food products is dominated by Mars (US), Nestle (Denmark), and The J.M. Smucker Company (US).

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Issued By MarketsandMarkets
Phone 1-888-600-6441
Business Address Mr. Shelly Singh, MarketsandMarkets™ INC.,
630 Dundee Road, Suite 430, Northbrook, IL 60062
Country United States
Categories Agriculture , Business , News
Tags pet food extrusion market , pet food extrusion market analysis , pet food extrusion market trends
Last Updated December 5, 2018