The global pet food extrusion market size is expected to reach USD 65.03 billion in 2021 and reach USD 85.39 billion by 2029, growing at a CAGR of 5.6% from 2024 to 2029.
Food extrusion is a form of expulsion used in food processing by which a set of mixed components is applied through an opening in a perforated plate or die with a specific food project, then drawn to a size defined by blades. The equipment that forces the mix through the perforated plate is an extruder, and the mix is known as an extrudate. The extruder includes huge rotating screws that fit securely into a stationary barrel at the end of it. Industries are widely instilling the use of food extrusion due to growing demand, from the humanization of pets to the growing population of pets.
Demand for pet food extrusion is expected to increase due to factors such as the growth of pet adoption, the humanization of pets, and rapid urbanization in developed countries. Along with the increase in the pet population, the global industry has also grown due to the increasing expenses of pet owners for various pet food products. Pet owners consider their pets to be part of the family and provide pet food products; these are the most important factors that have a positive impact on the demand for high-quality extrusion pet food with high nutritional value. However, few strict regulations regarding ingredients used in extrusion pet food can hinder the growth of the extrusion pet food market during the review period. The demand for pet food extrusion equipment is also increasing markedly due to several advantages.
Therefore, the pet food extrusion equipment market is expected to experience significant growth during the period considered. The increasing demand for extrusion pet food has fuelled the demand for pet food extrusion equipment as it improves the quality of pet food, as well as the benefits of physical fitness and sizing, which helps meet the demand for premium and super premium food products for long-lived pets. The growing acceptance of pet adoption and the rapid development of emerging economies are driving growth in this market. However, the lack of knowledge of the type of food served because the immune power varies in each animal can be a problem for various allergic diseases. This, in turn, hinders market growth. The growth of the pet population and the humanization of pets are some of the factors that should stimulate growth in this market.
Agriculture is the backbone of any economy. It is the primary sector that generates employment so that the entire circle of economic circulation continues. For instance, when we talk about the Indian economy, the majority of the population is limited to this sector. With the pandemic underway, the livelihoods of all farmers and people involved in this sector are at high risk. Key authors and researchers have said there could be a food crisis unless steps are taken quickly to protect the most vulnerable food supply chains. Lack of labor availability has hampered operations in many regions. Consequently, the shortage of migrant labor has led to a sharp increase in daily crop wages. Some parts of agriculture that have the luxury of implementing harvesting technologies, such as rice and wheat, are relatively more isolated, as they often do not have to rely on large numbers of labor. Agricultural prices have plummeted due to a lack of access to markets, including disruption of transport and closing of borders. Increased labor costs and lack of access mean that farmers face large losses and thus allow crops to rot in the fields, a better loss-stop mechanism.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
5.6% |
Segments Covered |
By Type, Animal Type, Equipment Type and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
The J.M. Smucker Company, Mars, Andritz, Nestle, Buhler, American Extrusion International, Brabender, Doering Systems, Coperion, Baker Perkins, Kahl Group, The Bonnot, Diamond America, Pavan, Lindquist Machine, and Clextral and Others. |
The pet food extrusion market can be segmented into type, animal type, and equipment type. The growing demand for nutrient-rich extruded balanced foods has fueled growth across the entire diet segment. The entire diet segment is subdivided into dry and semi-wet pet food products. Expanded dry pet food is the most important segment, which is expected to grow at a higher annual growth rate during the forecast period. The increasing demand for premium and super premium pet products and the benefits of dry pet food, such as a longer shelf life, have stimulated demand for this sub-segment in recent years. During the forecast period, the single screw extruder segment is expected to grow to the highest CAGR in the global pet food extrusion equipment market in terms of value and volume. Various advantages, such as the low capital cost and simplicity offered by single screw extruders, have spurred growth in this segment in recent years. A single-screw extruder offers simplicity and ease of operation, while a twin-screw extruder offers versatility and flexibility. Low investment costs and ease of maintenance are some of the main factors responsible for the high demand for single-screw extruders.
The Pet Food Extrusion Market has been categorized in geography into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America with developing economies such as the United States and Canada, occupies an important part of the worldwide pet food extrusion market. Growth in the North American market is due to the rise in pet adoption and the growing trend toward the humanization of food extrusion for pets. Active developments by dominant players in the United States and Canada also play an important role in exploiting the pet food extrusion market in North American countries. The leading manufacturers of pet food equipment are Pets are concentrated in this region due to the number of key pet food players and the high demand for extrusion pet food in countries like the United States and Canada. In this region, pet owners consider their pets to be part of their family and, therefore, demand pet food that guarantees nutritional benefits, improves immunity and digestibility, as well as animal safety. These are some of the main drivers of the increase in the use of extrusion pet products in North America.
Mars had the largest share of the global Pet Food Extrusion Market in terms of sales and revenue in 2017.
The global Pet Food Extrusion Market is concentrated with key players like The J.M. Smucker Company, Mars, Andritz, Nestle, Buhler, American Extrusion International, Brabender, Doering Systems, Coperion, Baker Perkins, Kahl Group, The Bonnot, Diamond America, Pavan, Lindquist Machine, and Clextral.
By Type
By Animal Type
By Equipment Type
By Region
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