The Asia Pacific region is dominating the Pet Food Extrusion Market in terms of value and volume with an overall share of 36% among the other regions and likely to continue the same during the forecast period of 2020-2025.
The pet food extrusion is normally considered as a type of eviction that is being used in food processing, and it is a process by which various mixed components are enforced by an opening in a punched plate with a project specific to the food.
Increasing of investments by the top companies from the emerging economies such as China, Japan, India and South Korea for the research and development of the new technological advancements in the field propels the growth of the market of Pet Food Extrusion in the Asia Pacific region.
Some of the driving factors the helps the growth of the Asia Pacific Pet Food Extrusion market are:
Rise in the pet population, and growth in pet adoption are some of the major driving factors that support the growth of the Asia Pacific Pet Food Extrusion market.
Increasing of investments by the prominent players in the market for developing innovative products is also another major driving factor for the growth of Pet Food Extrusion Market in the Asia Pacific Region.
Another major factor that promotes the growth of the APAC Pet Food Extrusion market is increasing trend of pet humanization, increasing number of major pet food players and high volume demand for extruded pet food in some emerging economies such as Japan, India, China, South Korea, helping the business to grow further in this region.
There are some restraints that are affecting the growth of the Asia Pacific Pet Food Extrusion Market:
Stringent regulations and rules are one of the major restraints effecting the growth of the market of Pet Food Extrusion in Asia Pacific.
Another major challenge impeding the growth of the market was lack of awareness about food type to be served as immune power varies in every pet, which can raise the problem for several allergic diseases. This may hinder the expansion of the market for pet food extrusion in the Asia Pacific area.
Asia Pacific Pet Food Extrusion market is segmented on the basis of type, on the basis of equipment type and region.
On the basis of the type, the Asia Pacific market is divided into complete diets and treats. Based on the animal type, the market is further divided into dogs, cats, fish, birds and others.
On the basis of equipment type, the Asia Pacific pet food extrusion market is divided into single screw extruder and twin-screw extruder.
Asia Pacific region holds the major share of the market value of Pet Food Extrusion among the other regions having more than one-third of the share in the market. One of the main reasons behind this is the increasing developments by the prominent market players in the region from countries such as United States and Mexico that is expected to have a great impact during the outlook period.
Rise in the pet population and growth in pet adoption in some emerging economies is also promoting the demand for pet food extrusion in the Asia Pacific area.
Some of the key players of the Asia Pacific Pet Food Extrusion Market are Nestle, Mars, Andritz, Buhler, Clextral, and others.
Covid-19 Impact on Asia Pacific Pet Food Extrusion Market:
Due to the corona pandemic, all the regions of the world are suffering with financial problems and are not able to continue their manufacturing units. Especially in the Asia Pacific region, the corona has affected more in the countries such as China, India with a greater number of corona cases recorded.
Since the lockdown has lifted in the nations, almost all the companies have already restarted their manufacturing units and are slowly recovering from the financial crisis. As per the analysis, the Pet Food Extrusion market in Asia Pacific is expected to get back to the normal stage and will grow the revenue at a rapid speed in the next few months.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Pet Food Extrusion Market, By Type
6.1.2 Complete Diets
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Pet Food Extrusion Market, By Animal Type
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Pet Food Extrusion Market, By Equipment Type
6.3.1 Twin Screw
6.3.2 Single Screw
6.3.3 Market Size Estimations & Forecasts (2019-2024)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Type
7.2.3 By Animal Type
7.2.4 By Equipment Type
7.3.1 By Country
126.96.36.199 Rest of Europe
7.3.2 By Type
7.3.3 By Animal Type
7.3.4 By Equipment Type
7.4 Asia Pacific
7.4.1 By Country
188.8.131.52 South Korea
184.108.40.206 South East Asia
220.127.116.11 Australia & NZ
18.104.22.168 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Animal Type
7.4.4 By Equipment Type
7.5 Latin America
7.5.1 By Country
22.214.171.124 Rest of Latin America
7.5.2 By Type
7.5.3 By Animal Type
7.5.4 By Equipment Type
7.6 Middle East and Africa
7.6.1 By Country
126.96.36.199 Middle East
7.6.2 By Type
7.6.3 By Animal Type
7.6.4 By Equipment Type
8. Key Player Analysis
8.1 The J.M. Smucker Company
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.6 American Extrusion International
8.8 Doering Systems
8.10 Baker Perkins
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures