Global Pet Food Extrusion Market

Global Pet Food Extrusion market overview

The Global Pet Food Extrusion Market is envisioned at USD 37.19 Billion in 2020 and at a Compound Annual Growth Rate (CAGR) of 8.7% to attain USD 61 Billion by 2027. The pet food extrusion market is showing significant growth with the increasing popularity of pet adoption, pet humanization, and rapid urbanization in developing economies.  The major attribute contributing to the demand for extruded pet food products worldwide is the growing population of pets worldwide. The need to meet the growing demand for pet food is simultaneously fueling the growth of the pet food equipment manufacturing industry. The demand for food extrusion increases, creating new opportunities for the pet food extrusion market during the forecast period.

What is Pet Food Extrusion?

Pet meals are a form of plant or animal material intended for intake via way of means of pets, along with grains, vitamins, grains, meat and meat merchandise and are normally offered in puppy shops and supermarkets for pets which includes puppies and cats. Pet meals extrusion is a shape of extrusion utilized in meals processing. In this method, a hard and fast combination of additives is pressured via a gap in a perforated plate with a selected meal layout. It is then ejected via a size described via way of means of blades. The extruder is the gadget used to pressure the aggregate via the perforated plate. The extruder includes a massive rotating screw; this is firmly inserted right into a desk-bound barrel, and on the cease of its far a mold.

GROWTH DRIVER

Rising Pet Population Expected to Boost Pet Food Extrusion Market

The global pet food extrusion market is witnessed to rise owing to the increase in the pet population. The trend towards pet ownership continues to increase. For example, 62% of American households now own a pet (excluding horses), equalling 72.9 million households. Markets like Brazil, China, India, Mexico and Russia spend on pets. Along with the increase in the pet population, the global industry has also grown due to the increasing spending by pet owners for various pet food products.

Pet Humanization

The population of pets, including dogs, cats, birds and other animals, is increasing. The emergence of pet parents as part of the pet humanization trend is a key revenue-generating trend in the pet industry. Skilled industry players are already differentiating between pet owners and pet parents/care. The per capita expenditure of pet parents is significantly higher than that of pet owners and therefore represents a profitable target group of customers for pet accessories.

Increasing Demand for Extruded food

The growing demand for extruded pet food has fueled the demand for pet food extrusion equipment, as this equipment improves the quality of pet food as well as the benefits of shaping and sizing, which helps meet the demand for premium and super-premium pet foods with long shelf life and high bacterial safety.

PRE COVID 19 IMPACT

The global pet food extrusion market was growing at a good phase pre covid due to the increasing population of pets, including dogs, cats, birds etc., increasing income of the pet owners also witnessed the boom in the global market for various pet food products.

COVID-19 IMPACT

Covid-19 had a positive impact on the Global Petfood extrusion market. The rapid spread of the COVID19 pandemic around the world and the resulting blockade in several countries have resulted in unprecedented test times for the entire global economy and have also had a positive impact on the global market pet food extrusion as more and more pets are adopted for the company. During the Covid19 pandemic, people around the world sought the companionship of pets, preferably reactive animals such as dogs, cats, birds and the like in countries like Japan where the nuclear way of life individual and family becomes a common culture with the adoption of pets Mars took a digital transformation approach to enable a wider audience to reach its pet care segment which was strongly challenged during the covid19 era.

POST COVID-19 IMPACT

The pet food extrusion market is likely to behave similarly post-covid-19 as pet humanization, the increasing population for pets such as cats and dogs is continuously rising year by year.

 TYPE SEGMENTAL ANALYSIS

The pet food extrusion market is segmented into pure diets, treats and other complementary products. Complete diets include semi-wet expanded and extruded dry pet foods consumed heavily due to the increased demand for premium and super-premium pet food. The complete diets and treats segment is predicted to dominate the global pet food extrusion market by looking at length in value phrases.

ANIMAL TYPE SEGMENTAL ANALYSIS

The pet food extrusion market has been segmented into dogs, cats, fish, birds, and others (rabbits and reptiles) based on animal type. The cat and dog segments have dominated the global extruded pet food market with a majority share. The increasing rate of pet adoption, coupled with increasing disposable income for pet owners, is expected to drive the demand for extruded pet food products. The dog segment is also expected to grow at the highest CAGR in value and volume during the forecast period.

INGREDIENT TYPE SEGMENTAL ANALYSIS

Based on ingredient type, the pet food extrusion market has been segmented into animal derivatives, vegetable and fruits, grain & oilseed, Vitamins & minerals, additives, others(yeast, algae meal, guar gum, and xanthan gum). Animals Derivatives and Vitamins & Minerals have dominated the global extruded pet food market with a majority share.

 REGION SEGMENTAL ANALYSIS

The global pet food extrusion market is segmented into North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. North America is estimated to occupy the largest share of the global pet food extrusion market, by value, in 2021 due to the boom in the feed processing industry company and the presence of large companies like Mars and Nestlé. The regions of South America and Asia-Pacific are expected to experience rapid growth during the forecast period. The major players in Europe and the United States are focused on extracting the pet food extrusion market in countries like India and China, through which Asia-Pacific is expected to register strong growth in the years to come.

COMPETITOR ANALYSIS

The global pet food extrusion market is highly fragmented, with key manufacturers such as The JMSmucker Company, Mars, Nestle, Andritz, and American Extrusion International. The main players are focusing on acquisitions, mergers, and product launches to gain a significant position in the market.

KEY STAKEHOLDERS

• Market research and consulting firms
• Industry Associations
• Global pet food extrusion market manufacturing firms
• Research Organizations and consulting companies
• Regulatory Bodies
• Suppliers
• Retailers

RECENT DEVELOPMENTS

1. In the past 11 months, Swiss food giant Nestle has invested more than one billion yuan in expanding its pet food production in Tianjin, China. Nestlé recently increased its investment from over 730 million yuan ($ 112 million) made in May 2020 to 230 million yuan ($ 35.1 million) to support a two-phase improvement of its food plant for domestic animals in Tianjin’s economic and technological development Zone (TEDA).
2.  At this point, it’s no secret that the demand for wet pet food is increasing in the United States, and Mars Petcare is increasing to meet that demand. The company announced on Jan.15 that it plans to invest $ 145 million in expanding its wet pet food production facility in Fort Smith, Ark. The expansion of the Fort Smith plant will increase the plant’s manufacturing capacity by more than 40% and provide an additional margin for anticipated future growth. The factory houses the production of pet food in trays. Mars Petcare manufactures many of its brands of wet pet food in Fort Smith, including SHEBA, CESAR, IAMS and NUTRO.
3.  ANDRITZ launches a new series of twin-screw extruders for the pet food and aquaculture industry. ANDRITZ twin-screw extruders are ideal for pet food extrusion with high inclusion rates of fresh meat and porridge and low starch fish feed. They are perfectly suited to treating densely foods oily, sticky or sticky, very humid products. They guarantee full use of the starch, allowing greater formulation flexibility and a higher feed conversion rate. Additionally, customers who produce various recipes or have variations in raw materials will benefit from twin-screw technology, as will anyone producing very small (0.6mm diameter) pellets such as extruded aquafeeds.

Scope of the Report

MARKET MODELING

BY  TYPE

• Complete Diets
• Treats
• Others

BY ANIMAL TYPE

• Dogs
• Cats
• Fish
• Birds
• Others

BY INGREDIENT TYPE

• Animal Derivatives
• Vegetables and Fruits
• Grain & Oilseed
• Vitamins & Minerals
• Additives
• Others (yeast, algae meal, guar gum, and xanthan gum).

Report Content

1. Research Strategic Development

           1.1 Market Modelling

           1.2 Product Analysis

           1.3 Market Trend and Economic Factor Analysis

           1.4 Market Segmental Analysis

           1.5 Geographical Mapping

          1.6 Country Wise Segregation

2.  Research Methodology

       2.1 Identification of Targeted Market

       2.2 Data Acquisition

       2.3 Refining of Data/ Data Transformations

       2.4 Data Validation through Primary Techniques

       2.5 Exploratory Data Analysis

       2.6 Graphical Techniques/ Analysis

       2.7 Quantitative Technique Analysis

       2.8 Visual Result/ Presentation

3. Executive Summary
4. Market Insights

      4.1 Supply Chain Analysis

      4.2 Economic Factor Analysis

           4.2.1 Drivers

           4.2.2 Trends

           4.2.3 Opportunities

           4.2.4 Challenges

     4.3 Technological Landscape

     4.4 Competitors and Product Analysis

     4.5 Regulatory Framework

     4.6 Company Market Share Analysis, 2020

     4.7 Porter’s Five Forces Analysis

     4.8 New Investment analysis 

     4.9 PESTEL Analysis

     4.10 Pre Covid Impact

     4.11 Covid-19 Impact

     4.11 Post Covid Impact

5. Global Pet Food Extrusion market overview

   5.1 Market Size & Forecast, 2017-2027

         5.1.1  Demand

             5.1.1.1 By Value (USD Million)

   5.2 Market Share & Forecast,2017-2027.

     5.2.1 By Type

       5.2.1.1 Complete Diets

       5.2.1.2 Treats

       5.2.1.3 Others

    5.2.2 By Animal Type

     5.2.2.1 Dogs

     5.2.2.2 Cats

     5.2.2.3 Fish

     5.2.2.4 Birds

     5.2.2.5 Others (rabbits and reptiles)

  5.2.3 By Ingredients

     5.2.3.1 Animal Derivatives

     5.2.3.2 Vegetables and Fruits

     5.2.3.3 Grain & Oilseed

     5.2.3.4 Vitamins & Minerals

     5.2.3.5 Additives

     5.2.3.6 others (yeast, algae meal, guar gum, and xanthan gum)

5.2.4 By Region

    5.2.4.1 North America

    5.2.4.2 Europe

    5.2.4.3 Asia Pacific

    5.2.4.4 South America

    5.2.4.5 the Middle East & Africa

6. North America Pet Food Extrusion Market Overview

       6.1 North America Pet Food Extrusion Market Size & Forecast 2017-2027

             6.1.1 Demand

                6.1.1.1 By Value (USD Million)

   6.2 North America Pet Food Extrusion Market Share & Forecast 2017-2027

     6.2.1 By Type

       6.2.1.1 Complete Diets

       6.2.1.2 Treats

       6.2.1.3 Others

    6.2.2 By Animal Type

     6.2.2.1 Dogs

     6.2.2.2 Cats

     6.2.2.3 Fish

     6.2.2.4 Birds

     6.2.2.5 Others (rabbits and reptiles)

  6.2.3 By Ingredients

     6.2.3.1 Animal Derivatives

     6.2.3.2 Vegetables and Fruits

     6.2.3.3 Grain & Oilseed

     6.2.3.4 Vitamins & Minerals

     6.2.3.5 Additives

     6.2.3.6 others (yeast, algae meal, guar gum, and xanthan gum)

 6.2.4 By Country  

        6.2.4.1 US

        6.2.4.2 Canada

        6.2.4.3 Mexico

    6.3 Company Market Share

    6.4 Economic impact study on Pet Food Extrusion Market North America

7. Europe Pet Food Extrusion Market Overview

       7.1 Europe Pet Food Extrusion Market Size & Forecast 2017-2027

             7.1.1 Demand

                7.1.1.1 By Value (USD Million)

        7.2 Europe Pet Food Extrusion Market Share & Forecast 2017-2027

     7.2.1 By Type

       7.2.1.1 Complete Diets

       7.2.1.2 Treats

       7.2.1.3 Others

    7.2.2 By Animal Type

     7.2.2.1 Dogs

     7.2.2.2 Cats

     7.2.2.3 Fish

     7.2.2.4 Birds

     7.2.2.5 Others (rabbits and reptiles)

  7.2.3 By Ingredients

     7.2.3.1 Animal Derivatives

     7.2.3.2 Vegetables and Fruits

     7.2.3.3 Grain & Oilseed

     7.2.3.4 Vitamins & Minerals

     7.2.3.5 Additives

     7.2.3.6 others (yeast, algae meal, guar gum, and xanthan gum)

   7.2.4 By Country

      7.2.4.1 Germany

      7.2.4.2 UK

      7.2.4.3 France

      7.2.4.4 Italy

       7.2.4.5 Rest of Europe

    7.3 Company Market Share

    7.4 Economic impact study on Pet Food Extrusion Market Europe

8. Asia Pacific Pet Food Extrusion Market Overview

       8.1 Asia Pet Food Extrusion Market Size & Forecast 2017-2027

             8.1.1 Demand

                8.1.1.1 By Value (USD Million)

        8.2 Asia Pacific Pet Food Extrusion Market Share & Forecast 2017-2027

         8.2.1 By Type

                8.2.1.1 Completing Diets

                8.2.1.2 Treats

                8.2.1.3 Others

       8.2.2 By Animal Type

              8.2.2.1 Dogs

              8.2.2.2 Cats

              8.2.2.3 Fish

              8.2.2.4 Birds

             8 .2.2.5 Others (rabbits and reptiles)

     8.2.3 By Ingredients

         8.2.3.1 Animal Derivatives

         8.2.3.2 Vegetables and Fruits

         8.2.3.3 Grain & Oilseed

         8.2.3.4 Vitamins & Minerals

         8.2.3.5 Additives

         8.2.3.6 others (yeast, algae meal, guar gum, and xanthan gum)

      8.2.4 By Country

        8.2.4.1 China

        8.2.4.2 India

        8.2.4.3 Japan

        8.2.4.4 Australia

        8.2.4.5 Rest of Asia pacific

    8.3 Company Market Share

    8.4 Economic impact study on Pet Food Extrusion Market Asia Pacific.

9. South America Pet Food Extrusion Market Overview

       9.1  Pet Food Extrusion Market Size & Forecast 2017-2027

             9.1.1 Demand

                9.1.1.1 By Value (USD Million)

       9.2 South America Pet Food Extrusion Market Share & Forecast 2017-2027

     9.2.1 By  Type

                9.2.1.1 Completing Diets

                9.2.1.2 Treats

                9.2.1.3 Others

       9.2.2 By Animal Type

              9.2.2.1 Dogs

              9.2.2.2 Cats

              9.2.2.3 Fish

              9.2.2.4 Birds

              9.2.2.5 Others (rabbits and reptiles)

     9.2.3 By Ingredients

         9.2.3.1 Animal Derivatives

         9.2.3.2 Vegetables and Fruits

         9.2.3.3 Grain & Oilseed

         9.2.3.4 Vitamins & Minerals

         9.2.3.5 Additives

         9.2.3.6 others (yeast, algae meal, guar gum, and xanthan gum)

    9.2.4 By Country

        9.2.4.1 Brazil

        9.2.4.2 Argentina

        9.2.4.3 Rest of South America

    9.3 Company Market Share

    9.4 Economic impact study on Pet Food Extrusion Market South America.

10. South America Pet Food Extrusion Market Overview

       10.1 Pet Food Extrusion Market Size & Forecast 2017-2027

             10.1.1 Demand

                10.1.1.1 By Value (USD Million)

        10.2 South America Pet Food Extrusion Market Share & Forecast 2017-2027

         10.2.1 By Type

                10.2.1.1 Completing Diets

                10.2.1.2 Treats

                10.2.1.3 Others

         10.2.2 By Animal Type

              10.2.2.1 Dogs

              10.2.2.2 Cats

              10.2.2.3 Fish

              10.2.2.4 Birds

              10.2.2.5 Others (rabbits and reptiles)

     10.2.3 By Ingredients

         10.2.3.1 Animal Derivatives

         10.2.3.2 Vegetables and Fruits

         10.2.3.3 Grain & Oilseed

         10.2.3.4 Vitamins & Minerals

         10.2.3.5 Additives

         10.2.3.6 others (yeast, algae meal, guar gum, and xanthan gum)

      10.2.4 By Country

         10.2.4.1 Saudi Arabia

         10.2.4.2 UAE

        10.2.4.3 South Africa

        10.2.4.4 Rest of Middle East & Africa

    10.3 Company Market Share

    10.4 Economic impact study on Pet Food Extrusion Market Middle East & Africa.

11. Competitor Analysis

    11.1 Company Description (Overview)

    11.2 Financial Analysis

    11.3 Key Products

    11.4 Key Management Personnel

    11.5 Contact Address

    11.6 SWOT Analysis

12. Company Profile

   12.1 Introduction

      12.1.1 The JMSmucker Company

       12.1.2 Mars

      12.1.3 Nestle

     12.1.4 Andritz

     12.1.5 American Extrusion