The European pet food extrusion market is likely to account for 21% share of the global marketplace during the forecast period of 2021 to 2026. 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 2021-2026.
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 the countries such as Germany, Italy and Spain propel the growth of the market of Pet Food Extrusion in Europe region.
The entire world is suffering due to the coronavirus pandemic and facing with financial problems and are not able to continue their manufacturing units. Especially in the Europe region, the coronavirus has affected more in the countries such as Italy, 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.
Drivers and Restraints of European Pet Food Extrusion Market:
Drivers:
Some of the driving factors that helps the growth of the Europe Pet Food Extrusion market are mentioned below:
Rise in the pet population and 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.
Restraints:
There are some restraints which are affecting the growth of the Europe 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.
European Pet Food Extrusion Market – By Type:
complete diets
European Pet Food Extrusion Market – By Animal Type:
European Pet Food Extrusion Market – By Equipment Type:
Regional Analysis:
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 of 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 Players
Some of the key players of the Europe Pet Food Extrusion Market are Clextral (France), Pavan (Italy), Kahl Group (Germany), Baker Perkins (UK), Coperion (Germany), Brabender (Germany).
1. Introduction
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
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
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
5.1.2 Products/Service
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
6.1.1 Treats
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
6.2.1 Birds
6.2.2 Fish
6.2.3 Cats
6.2.4 Dogs
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
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Animal Type
7.2.4 By Equipment Type
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 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
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 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
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 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
7.6.1.1 Middle East
7.6.1.2 Africa
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
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Mars
8.3 Andritz
8.4 Nestle
8.5 Buhler
8.6 American Extrusion International
8.7 Brabender
8.8 Doering Systems
8.9 Coperion
8.10 Baker Perkins
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
