Pet Food Extrusion - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Pet Food Extrusion Market is accounted for $59.41 billion in 2018 and is expected to reach $114.85 billion by 2027 growing at a CAGR of 7.6% during the forecast period. Some of the key factors such as pet humanization and quick growth in emerging economies are driving the market growth. However, stringent rules and regulations is the restraining factor for the growth of the market.
Food extrusion is a type of eviction utilized in food processing. It is a technique by which a set of blended components are enforced through an opening in a punched plate or die with a project specific to the food, and is then expurgated to a definite size by blades. The equipment which forces the mixture through the punched plate is an extruder, and the mixture is known as extrudate. The extruder involves huge, rotating screw firmly fitting in an immobile barrel at the end of it is die. Broadly industries are inculcating the utilization of food extrusion owing to growing demand right from pet humanization to growing pet population.
By animal type, dogs segment is likely to have a huge demand during the forecast period due to growing dog adoption rate coupled with increasing disposable income of dog owners. On the basis of geography, North America is estimated to have a lucrative growth due to the booming pet food processing industry and presence of major companies.
Some of the key players in Pet Food Extrusion Market include American Extrusion International, Andritz , Baker Perkins, Brabender, Buhler, Clextral , Coperion, Diamond America, Doering Systems, Kahl Group, Lindquist Machine , Mars, Nestle, Pavan Group, The Bonnot Company AND The J.M. Smucker Company .
Extruded Pet Food Products Covered:
• Animal Type
Pet Food Extruder Equipments Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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