Global Pet Food Extrusion Market Report and Forecast 2024-2032

Global Pet Food Extrusion Market Outlook

The global pet food extrusion market size reached a value of around USD 79.71 billion in 2023. The market is further expected to grow at a CAGR of 5.90% between 2024 and 2032, reaching a value of around USD 133.57 billion by 2032.

Key Trends in the Market

Pet food extrusion refers to the use of extrusion food processing techniques to produce foods designed for consumption by pets. This approach involves forcing a group of mixed components through a hole in a punched plate where blades then expurgate the components into a specific size. Extrusion cooking may also be used where steam or heat cooks the food ingredients during the extrusion process.

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• The key pet food extrusion market trends propelling the market growth include an increase in the pet population worldwide and growing awareness of pet health, leading to enhanced spending on pet food products.

• Boom in pet humanisation and premiumisation of pet foods are growing trends supporting the pet food extrusion market growth. More pet owners are seeking premium pet food products, including raw-diet based, natural, and specialty diet foods.

• Rapid surge in pet food demand is encouraging more manufacturers to invest in better equipment and technology to produce higher volumes of pet food while maintaining quality and cost effectiveness, which is increasing the demand for pet food extrusion.

Global Pet Food Extrusion Market Analysis

Based on type, the market is bifurcated into complete diets and treats. The pet food extrusion market segmentation, based on animal type, is dogs, cats, birds, and fish, among others. On the basis of ingredient, the market is divided into animal derivatives, vegetables and fruits, grains and oilseeds, vitamins and minerals, and additives, among others. By equipment type, the market is categorised into single and twin-screw. The regional markets for pet food extrusion are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global pet food extrusion market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Nestlé S.A.

• Mars, Incorporated

• Post Holdings, Inc.,

• Schell & Kampeter, Inc.

• Hill's Pet Nutrition, Inc.

• AKVATERA LT, UAB

• Andritz AG

• Bühler AG

• Brabender® GmbH & Co. KG

• Clextral S.A.S

• Diamond America Corporation

• Coperion GmbH

• Others

Global Pet Food Extrusion Market Share by Type

Complete diets type of pet extrusion accounts for a sizable share of the market, supported by the increasing demand for balanced and nutrient-rich complete diet pet food. Extrusion technology for pet food makes it possible to produce pet food for complete diets that has all the vital vitamins and nutrients that pets need. Pet owners can conveniently give their pets a balanced and full diet without having to add extra components or nutrients.

Global Pet Food Extrusion Market Share by Region

North America is anticipated to witness rapid growth in the market for pet food extrusion due to the widespread adoption of pets, increasing availability of various pet food products, and rising awareness about adequate pet nutrition. In countries such as the United States, more pet there is an increasing demand for high-end, premium pet food products, particularly as an increasing number of households have multiple pets. The North American pet food extrusion market demand is also being supported by the well-established presence of key market players in the region.

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Competitive Landscape

Post Holdings, Inc., with its headquarters in Missouri in the United States is a consumer-packaged goods holding firm. It was established in 2012 and operates in the areas of centre-of-the-store, refrigerated, foodservice, food ingredients, and private brand foods.

Bühler AG, established in 1860 and headquartered in Uzwil, Switzerland, is a multinational manufacturer of plant equipment. The facility is renowned for its innovative manufacturing facilities, food processing machinery, and related services.

Coperion GmbH, founded in 1879 and based in Stuttgart, Germany, is a leading machine industry company. It specialises in systems and services for compounding, bulk materials handling, and feeding technology, catering to food, pharmaceuticals, plastics, minerals, and chemicals industries.

Other market players include Nestlé S.A., Mars, Incorporated, Schell & Kampeter, Inc., Hill's Pet Nutrition, Inc., AKVATERA LT, UAB, Andritz AG, Brabender® GmbH & Co. KG, Clextral S.A.S, and Diamond America Corporation, among others.

Key Highlights of the Report