Pet Food Extrusion Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Pet Food Extrusion market, offering insights into market size, trends, and forecasts through 2033. It covers segmentation by product types, ingredients, and regions, and profiles key industry players, making it a comprehensive resource for stakeholders.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $8.50 Billion |
CAGR (2023-2033) | 6.3% |
2033 Market Size | $15.90 Billion |
Top Companies | Mars Petcare, Nestlé Purina PetCare, Blue Buffalo, Hill's Pet Nutrition, Spectrum Brands |
Last Modified Date | 15 Nov 2024 |
Pet Food Extrusion Market Report (2023 - 2033)
Pet Food Extrusion Market Overview
What is the Market Size & CAGR of Pet Food Extrusion market in 2023?
Pet Food Extrusion Industry Analysis
Pet Food Extrusion Market Segmentation and Scope
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Pet Food Extrusion Market Analysis Report by Region
Europe Pet Food Extrusion Market Report:
The European market is anticipated to grow from $2.58 billion in 2023 to $4.82 billion by 2033, supported by stringent regulations on pet food safety and a growing trend towards sustainability and natural ingredients in pet foods.Asia Pacific Pet Food Extrusion Market Report:
In the Asia-Pacific region, the Pet Food Extrusion market is projected to grow from $1.6 billion in 2023 to $2.99 billion by 2033, reflecting a significant rise in pet ownership and changing consumer behavior towards premium pet food products.North America Pet Food Extrusion Market Report:
North America holds the largest share in the Pet Food Extrusion market, with projections growing from $3.10 billion in 2023 to $5.80 billion in 2033. The region's growth is attributed to high pet ownership rates and a strong preference for high-quality pet food products.South America Pet Food Extrusion Market Report:
The South American market is expected to expand from $0.74 billion in 2023 to $1.39 billion by 2033, driven by an increase in disposable income and a growing awareness regarding pet nutrition.Middle East & Africa Pet Food Extrusion Market Report:
In the Middle East and Africa, the Pet Food Extrusion market is expected to increase from $0.49 billion in 2023 to $0.91 billion by 2033, as pet ownership becomes more prevalent, and demand for quality pet food rises in emerging markets.Request a custom research report for industry.
Pet Food Extrusion Market Analysis By Ingredient
Global Pet Food Extrusion Market, By Ingredient Market Analysis (2023 - 2033)
The ingredient segment reveals that animal proteins dominate the market, with a size of $5.63 billion in 2023 and expected to reach $10.54 billion by 2033. The vegetable proteins segment accounts for a size of $1.77 billion in 2023, growing to $3.32 billion by 2033. Vitamins and minerals are also significant, with sizes expected to shift from $1.09 billion in 2023 to $2.05 billion in 2033.
Pet Food Extrusion Market Analysis By Product Type
Global Pet Food Extrusion Market, By Product Type Market Analysis (2023 - 2033)
Analysis of the product types shows that dry food remains the leader with a market size of $5.63 billion in 2023, projected to increase to $10.54 billion by 2033. Wet food is also expanding from $1.77 billion in 2023 to $3.32 billion in 2033, while snacks and treats follow with growth from $1.09 billion to $2.05 billion over the same period.
Pet Food Extrusion Market Analysis By Application
Global Pet Food Extrusion Market, By Application Market Analysis (2023 - 2033)
In terms of application, the dog food segment leads with a market size of $5.63 billion in 2023, reaching $10.54 billion by 2033. Cat food follows, expanding from $1.77 billion to $3.32 billion. The other pets segment also shows growth, expecting to rise from $1.09 billion to $2.05 billion in the same timeframe.
Pet Food Extrusion Market Analysis By Formulation
Global Pet Food Extrusion Market, By Formulation Market Analysis (2023 - 2033)
Segments by formulation indicate that grain-free formulations account for a significant share, projected to increase from $7 billion in 2023 to $13.10 billion by 2033. Grain-based formulations are also rising, with growth from $1.50 billion to $2.80 billion within the decade.
Pet Food Extrusion Market Trends and Future Forecast
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