The Middle East and Africa pet food extrusion market size is expected to reach USD 4.45 billion in 2024 and reach USD 143.39 billion by 2029, growing at a CAGR of 4.5% from 2024 to 2029.
The Middle East and Africa region are likely to develop with a notable pace in pet food extrusion business over the outlook period owing to the factors such as increasing emphasis on recycling.
Increasing use of bio-based pet products and the rise in pet population are some of the major driving factors that helps the growth of the Middle East and Africa pet food extrusion market.
Another major driving factor that supports the growth in the regional market is increasing demand from the food and beverage industry in some emerging economies such as UAE, Saudi Arabia, Africa, Qatar, and others in the MEA region.
Stringent regulations and rules and the lack of awareness about food types to be served to pets based on allergic conditions are some of the major restraints affecting the growth of the Middle East and African pet food extrusion market.
COVID-19 Impact on Middle East and Africa Pet Food Extrusion Market:
The coronavirus pandemic has created chaos in which all the regions of the world are suffering from financial problems and are not able to continue their manufacturing units. Especially in the Middle East and Africa, the coronavirus has affected countries such as Saudi Arabia, Qatar, and Africa more.
Since the lockdown has lifted in most of the countries, 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 the Middle East and Africa is expected to get back to the normal stage and will grow the revenue at a rapid speed in the next few months of 2021.
This research report on the Middle East and Africa pet food extrusion market is segmented and sub-segmented into the following categories:
Middle East and Africa Pet Food Extrusion Market – By Type:
Middle East and Africa Pet Food Extrusion Market – By Animal Type:
Middle East and Africa Pet Food Extrusion Market – By Equipment Type:
Middle East and Africa Pet Food Extrusion Market – By Country:
The Middle East and Africa region is expected to increase the value of the market for pet food extrusion in the coming years. One of the main reasons behind this is the Increasing of emphasis on recycling along with the rise in pet population in countries such as Qatar, UAE, Saudi Arabia, which is expected to have a great impact of market during the predicted period.
The rise in the pet population and growth in pet adoption in some emerging economies are likely to support the expansion of the pet food extrusion market, which will grow further in this area.
KEY MARKET PLAYERS:
Some of the key players in the Middle East and Africa pet food extrusion market are Nestlé S.A., Pavan Group, Bühler Group, Clextral S.A.S., Coperion GmbH, Doering Systems Inc, Andritz AG, Baker Perkins Ltd, Brabender GmbH & Co KG, Kahl Group, Lindquist Machine Corporation, Mars Inc., The Bonnot Company, and The J.M. Smucker Company.
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