Asia Pacific Pet Food Extrusion Market

Asia Pacific Pet Food Extrusion Market Size (2024 to 2029):

The Asia Pacific pet food extrusion market is expected to reach USD 84.12 billion in 2024 and USD 116.75 billion by 2029, growing at a CAGR of 6.7% from 2024 to 2029.

Pet food extrusion is normally considered 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 investments by top companies from emerging economies such as China, Japan, India, and South Korea for the research and development of new technological advancements in the field propels the growth of the pet food extrusion market in the Asia Pacific region.

Asia Pacific Pet Food Extrusion Market Drivers:

• Some of the driving factors that help the growth of the Asia Pacific pet food extrusion market are:
• The 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 investments by prominent players in the market for developing innovative products is also another major driving factor for the growth of the 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, an 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.

Asia Pacific Pet Food Extrusion Market Restraints:

• There are some restraints that are affecting the growth of the Asia Pacific pet food extrusion market:
• Stringent regulations and rules are some of the major restraints that affect the growth of the pet food extrusion market 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.

Covid-19 Impact on Asia Pacific Pet Food Extrusion Market:

Due to the coronavirus pandemic, all the regions of the world are suffering from financial problems and are not able to continue their manufacturing units. Especially in the Asia Pacific region, the coronavirus has affected countries such as China and India more, with a greater number of coronavirus cases recorded.

Since the lockdown lifted in the nations, almost all the companies have 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.

This research report on the Asia-Pacific pet food extrusion market is segmented and sub-segmented into the following categories:

Asia Pacific Pet Food Extrusion Market – By Type:

• complete diets
• treats

Asia Pacific Pet Food Extrusion Market – By Animal Type:

• dogs
• cats
• fish
• birds
• others

Asia Pacific Pet Food Extrusion Market – By Equipment Type:

• single screw extruder
• twin-screw extruder

Asia Pacific Pet Food Extrusion Market – By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

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 market share. One of the main reasons behind this is the increasing developments by the prominent market players in the region from countries such as the United States and Mexico, which are 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.

KEY MARKET PLAYERS:

Some of the key players in the Asia Pacific Pet Food Extrusion Market are Nestle, Mars, Andritz, Buhler, Clextral, and others.