Global Dog Food Extrusion Market Size To Worth USD 58.52 Billion By 2033 | CAGR of 6.32%
Category: Food & BeveragesGlobal Dog Food Extrusion Market Size To Worth USD 58.52 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Dog Food Extrusion Market Size is to Grow from USD 31.70 Billion in 2023 to USD 58.52 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 6.32% during the projected period.
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Browse key industry insights spread across 218 pages with 111 Market data tables and figures & charts from the report on the "Global Dog Food Extrusion Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Kibble Food, Canned Food, and Treats and Snacks), By Distribution Channel (Pet Specialty Stores, Supermarkets/Hypermarkets, Online Retailers, and Veterinary Clinics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033. Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/dog-food-extrusion-market
The extrusion of dog food is an efficient equipment for producing dry extruded dog food. It incorporates a dough-like material that might be placed under high heat and pressure to increase the nutritional value and properties of dog food. Qualified industrial trends such as increased meat inclusion, grain-free formulation, and novel protein sources are likely to fuel the growth of the dog food extrusion market. The dog food extrusion machine converted raw materials into many types of dog food, including kibbles, treats, and pellets. This would result in greater nutritional content and deliciousness of dog food products, thus boosting the growth of the dog food extrusion industry. However, the extrusion machinery for dog food is expensive, with additional expenditures for installation and maintenance, which might hinder market expansion.
The kibble food sector is likely to lead market growth over the forecast period.
Based on the product type, the global dog food extrusion market is categorized into kibble food, canned food, and treats and snacks. Among these, the kibble food sector is likely to lead market growth over the forecast period. Kibble or dry food are the most cost-effective dog food options. It is often sold in huge bags and bite-sized pieces. It has a very long shelf life and does not need refrigeration. Kibble meal can also promote healthy teeth and gums since its crunchy texture helps to reduce tartar accumulation. Kibble meal is normally a nutritionally balanced diet that covers all of a dog's nutritional requirements.
The pet specialty stores held the biggest market share over the projection period.
Based on the distribution channel, the global dog food extrusion market is categorized into pet specialty stores, supermarkets/hypermarkets, online retailers, veterinary clinics. Among these, the pet specialty stores held the biggest market share over the projection period. In contrast to traditional grocery stores, these stores provide a diverse selection of high-quality and specialty dog meals, such as organic, grain-free, and breed-specific products. This diverse range is aimed at a rising market of consumers who are becoming more concerned about their dogs' health and diet. Experienced employees who work in these places and are likely to be animal lovers give clients with the information they require to select the appropriate product.
North America is having the biggest share of the global dog food extrusion market over the forecast period.
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North America is having the biggest share of the global dog food extrusion market over the forecast period. The increased level of pet humanization is impacting the North American market. Many pet owners consider their pets to be part of their family, thus proper pet food nutrition is a key priority for them. A large variety of well-connected and distributed specialty pet stores, supermarket chains, and internet outlets all contribute considerably to the availability of dog food products. The existence of well-known manufacturers adds to the regional market's growth.
Europe is predicted to grow fastest pace throughout the forecast period. In this region, increased snack consumption has forced companies to import extruded snack items from other parts of the world to assure an ongoing supply of raw materials, since domestic output is insufficient to fulfill the demands of the European food sector.
Major vendors in the global dog food extrusion market include, Amandus Kahl GmbH & Co. KG, Baker Perkins, Coperion GmbH, The Bonnot Company, Doering Systems Inc, AMERICAN EXTRUSION INTERNATIONAL, Nanjing Haisi Extrusion Equipment Co. Ltd, Victor Pellet Mill, WENGER MANUFACTURING, BARRETT PETFOODS, Mars Incorporated, Nestle S.A, The J.M. Smucker Company, ANDRITZ, Bühler AG, Clextral, GEA Group Aktiengesellschaft, Diamond America Corporation, and Others.
Recent Developments
- In May 2024, Growel Group aims to invest over Rupees 80 crore in pet food. Growel Group has launched two pet treats as part of its push into the fast-expanding pet food sector. While the snacks, available in a number of flavors under the Fullr and DatGud brands, are designed for dogs, the business plans to make something similar for cats as well, followed by pet food.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global dog food extrusion market based on the below-mentioned segments:
Global Dog Food Extrusion Market, By Product Type
- Kibble Food
- Canned Food
- Treats and Snacks
Global Dog Food Extrusion Market, By Distribution Channel
- Pet Specialty Stores
- Supermarkets/Hypermarkets
- Online Retailers
- Veterinary Clinics
Global Dog Food Extrusion Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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