Global Pet Food Extrusion Industry

Global Pet Food Extrusion Industry

  • April 2021 •
  • 280 pages •
  • Report ID: 6032483 •
  • Format: PDF
Abstract:
- Global Pet Food Extrusion Market to Reach $90 Billion by 2027
- Amid the COVID-19 crisis, the global market for Pet Food Extrusion estimated at US$62.5 Billion in the year 2020, is projected to reach a revised size of US$90 Billion by 2027, growing at aCAGR of 5.3% over the period 2020-2027. Complete Diets, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$62.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Treats & Other Types segment is readjusted to a revised 4.6% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $16.8 Billion, While China is Forecast to Grow at 8.8% CAGR
- The Pet Food Extrusion market in the U.S. is estimated at US$16.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.5 Billion by the year 2027 trailing a CAGR of 8.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

- Select Competitors (Total 40 Featured) -
  • American Extrusion International
  • Andritz
  • Baker Perkins
  • Brabender
  • Buhler
  • Clextral
  • Coperion
  • Diamond America
  • Doering Systems
  • Kahl Group
  • Lindquist Machine
  • Mars
  • Nestle
  • Pavan Group
  • The Bonnot Company
  • The J.M. Smucker Company