Europe Pet Food Extrusion Market

Europe Pet Food Extrusion Market Size (2024 to 2029):

The Europe pet food extrusion market is expected to reach USD 25.11 billion in 2024 and reach USD 32.63 billion by 2029, growing at a CAGR of 5.38% from 2024 to 2029. 

The European pet food extrusion market is likely to account for 21% share of the global marketplace during the forecast period of 2022 - 2027. The Europe region is accounting for a prominent share of around 21% in Pet Food Extrusion Market in terms of value and volume compared to other regions and is likely to expand during the outlook period of 2022 - 2027.

Pet food extrusion involves the usage of eviction that has been developed in pet food processing, which includes different mixed components that are implemented by an opening in a punched plate. Increasing developments by the prominent market players in the region, especially in countries such as Germany, Italy, and Spain, propel the growth of the market of pet food extrusion in Europe region.

European Pet Food Extrusion Market Drivers:

Some of the driving factors that help the growth of the European pet food extrusion market are mentioned below:

Rise in the pet population and the surge in their adoption are the major driving factors that are promoting the growth of the Europe pet food extrusion market. Increasing investments by the prominent players in the market for research and development for the introduction of novel products is also a principal driving factor for the development of pet food extrusion market in the European Region.

Another major driving factor supporting the expansion of the pet food extrusion market in Europe is the augmenting trend of pet humanization, increasing advent of pet food players and high volume demand for extruded pet food in nations like Spain, Germany, UK and Italy, which is likely to propel the growth of the market of pet food extrusion in Europe to grow further in future.

European Pet Food Extrusion Market Restraints:

There are some restraints that are affecting the growth of the European pet food extrusion Market:

Stringent regulations and rules are among the major restraints controlling the growth of the Europe pet food extrusion market. Another major limitation to the extension of the market was lack of awareness about food type to be served because the immune power in every pet is different that can lead to several allergic diseases. This is supposed to hinder the development of the market of pet food extrusion in this locale.

Covid-19 Impact on Europe Pet Food Extrusion Market:

The entire world is suffering due to the coronavirus pandemic, facing financial problems and being unable to continue manufacturing units. Especially in the Europe region, the coronavirus has affected more in countries such as Italy, the UK, etc., with more number of corona cases recorded.

Since the lockdown has lifted in the all the countries as per the government regulations, 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 Europe 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 Europe pet food extrusion market is segmented and sub-segmented into the following categories:

Europe Pet Food Extrusion Market – By Type:

• complete diets
• treats

Europe Pet Food Extrusion Market – By Animal Type:

• dogs
• cats
• fish
• birds
• others

Europe Pet Food Extrusion Market – By Equipment Type:

• single screw extruder
• twin-screw extruder

Europe Pet Food Extrusion Market – By Country:

• UK 
• France 
• Spain 
• Germany 
• Italy 
• Russia 
• Sweden 
• Denmark 
• Switzerland 
• Netherlands 
• Turkey 
• Czech Republic 
• Rest of Europe

Europe region holds the second major share of the market value of pet food extrusion among the other regions, having more than 21% portion in the market. One of the main reasons behind this is the hike in demand for extruded pet food products that is supposed to have a great impact on the market during the forecast period.

Increasing trend of pet humanization and the rising usage of extruded pet food in economies such like Germany, Italy, Spain, UK help the market of pet food extrusion in this locale to grow steadily in the coming years.

KEY MARKET PLAYERS:

Some of the key players in the European pet food extrusion Market are Clextral (France), Pavan (Italy), Kahl Group (Germany), Baker Perkins (UK), Coperion (Germany), and Brabender (Germany).