According to a new market report published by Lucintel, the future of the pet food extrusion market looks promising with opportunities in the pet food market. The global pet food extrusion market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are demand for developing the quality of pet food along with the shaping & sizing benefits, which meets the demand for premium food for pets, increasing demand for longer shelf life, and growing awareness of developing high safety against bacteria.
To download report brochure, please go to https://www.lucintel.com/pet-food-extrusion-market.aspx and click "download brochure" tab from the menu
Pet food extrusion is a process which produces mass quantities of dry dog and cat food kibble sold in bags and pouches. In this market, complete diets and treats are the major types of pet food extrusion. Lucintel forecasts that complete diets will remain the largest type segment over the forecast period, as complete diets include dry expanded and semi-moist extruded pet food products, which are highly consumed owing to the increase in the demand for premium and super premium pet food products.
Within this market, dogs and cats will remain the largest segment by animal type over the forecast period due to the growing pet adoption rate coupled with increasing disposable income of pet owners.
Asia Pacific is also expected to witness the highest growth over the forecast period due to the booming pet food processing industry and presence of major companies, such as Mars and Nestle. Key players in Europe and the US focus on tapping the pet food extrusion market in countries, such as India and China.
Andritz, Buhler, Clextral, Pavan, Diamond America, Lindquist Machine, The Bonnot, Kahl Group, Baker Perkins, and Coperion are among the major suppliers in the global pet food extrusion market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global pet food extrusion market by type, animal type, equipment type, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Pet Food Extrusion Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global pet food extrusion market by type, animal type, equipment type, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Animal Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Dogs and Cats
Fishes
Birds
By Equipment Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
A 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.