Overview and Scope
Pet food extrusion refers to a method of processing pet food that involves forcing mixtures of pet food ingredients where the ingredients are ground, combined, and heated before being produced as a ribbon-like product (the extrudate) and dried later. Extruding pet food increases food sources, enhances digestion and absorption rates in animals, and prevents digestive system disorders.
Sizing and Forecast
The pet food extrusion market size has grown strongly in recent years. It will grow from $78.89 billion in 2023 to $84.37 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to industrialization of pet food production, market expansion for pet food, texture and shape innovation, preservation of nutritional value, demand for specialized pet diets.
The pet food extrusion market size is expected to see strong growth in the next few years. It will grow to $110.92 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to pet humanization trend, expansion of premium pet foods, sustainable ingredient sourcing, personalized and customized diets, rise in plant-based formulations. Major trends in the forecast period include fresher and refrigerated options, transparent and ethical sourcing, immune-boosting formulations, holistic and whole food approaches.
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Segmentation & Regional Insights
The pet food extrusion market covered in this report is segmented –
1) By Extruder Type: Single Screw, Twin Screw
2) By Process: Hot Extrusion, Cold Extrusion
3) By Type: Complete Diets, Treats, Other Types
4) By Ingredient: Animal Derivatives, Vegetables And Fruits, Grains And Oilseeds, Vitamins And Minerals, Additives, Other Ingredients
5) By Animal Type: Dog, Cat, Fish, Birds, Other Animal Types
North America was the largest region in the pet food extrusion market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pet food extrusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growing pet population is expected to propel the growth of the pet food extrusion market going forward. Pets refer to an animal kept in the home as a companion and treated kindly. Pet food extrusion refers to a method used to produce food following the needs or requirements of the pet population. It enables the production of pet food with high-quality ingredients while preserving its low retail price. For instance, in 2021, according to Chewy, Inc., a US-based online retailer of pet food and other products, there were around 977,202 pets adopted in the US in 2021, which resulted in the highest adoption rate of 61% in the past six years. For another instance, in November 2022, according to a national survey of pets and people published by Animal Medicines Australia (AMA), an Australia-based industry body representing the leaders of the animal health industry in Australia, about half of Australian households had at least one dog, making them the most common pet. In 2022, 48% of households had dogs. Therefore, the growing pet population is driving the growth of the pet food extrusion market.
Key Industry Players
Major companies operating in the pet food extrusion market report are Nestlé S.A., Mars Petcare Inc., Andtriz AG, The J.M. Smucker Company, Ingredion Incorporated, SunPring, Buhler Industries Inc., Pavan Group, Reading Bakery Systems Inc., Clextral SAS, Brabender GmbH & Co. KG, Baker Perkins Ltd., Lindquist Machine, American Extrusion International, Nanjing Haisi Extrusion Equipment Co. Ltd., Diamond America Corporation, Doering Systems Inc, Coperion Ideal Private Limited, The Bonnot Company, IDAH Company, Shandong Loyal Industrial Co. Ltd., Kairong Group, Kahl Group, Wenger Manufacturing Inc., Triott Group.
The pet food extrusion market report table of contents includes:
1. Executive Summary
2. Pet Food Extrusion Market Characteristics
3. Pet Food Extrusion Market Trends And Strategies
4. Pet Food Extrusion Market – Macro Economic Scenario
5. Global Pet Food Extrusion Market Size and Growth
…
32. Global Pet Food Extrusion Market Competitive Benchmarking
33. Global Pet Food Extrusion Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pet Food Extrusion Market
35. Pet Food Extrusion Market Future Outlook and Potential Analysis
36. Appendix
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