Top 3 Innovations Driving Dog Food Extrusion Market Growth
According to a research report published by Spherical Insights & Consulting, the Global Dog Food Extrusion Market Size Expected to Grow from USD 31.70 Billion in 2023 to USD 58.52 Billion by 2033, at a CAGR of 6.32% during the forecast period 2023-2033.
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Dry extruded dog food is produced quickly with the use of an extrusion machine. It involves a dough-like blend applied at relatively high heat and pressure, which improves the nutritional value of dog food and its characteristics. The changing trends of including fresh meat, moving to grain-free formulations, and the further coming of additional protein sources are all given as growth drivers of the dog food extrusion market. This extruder machine for dog food is applicable in different forms, including kibble, pellets, and many more dog treats. This will mean improved nutritional value and tastefulness of dog food products that will be most potent for increased growth in the dog food extrusion market. Increasing disposable incomes, increased ownership of pets, and knowledge of health and wellness issues pet owners have contributed to the growth of the market. Obesity increased more rapidly in pets than in other countries and continues to fuel a high demand for extruded dog foods that promote weight management and general wellness. The molded product has richly nutritious but highly managed fat and calorie levels, thereby addressing emerging concerns among pet owners about achieving their babies’ ideal weight and health. However, extrusion equipment for dog feeds costs a lot and brings additional costs in terms of installation and maintenance. These heavy expenses, present a barrier to small- and medium-sized pet food companies, limiting their capabilities when it comes to market entry or innovation.
Browse key industry insights spread across 230 pages with 150 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 & 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
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The kibble food segment is anticipated to drive the growth of the market during the forecast period.
Based on the product type, the global dog food extrusion market is categorized into kibble food, canned food, and treats & snacks. Among these, the kibble food segment is anticipated to drive the growth of the market during the forecast period. Dry food or kibble is the most economical dog food choice. Usually, it comes in big sacks and small pieces. It does not need to be refrigerated and has a very long shelf life. Because of its crunchy texture, kibble food can also promote healthier teeth and gums by reducing tartar accumulation.
The pet specialty stores have the largest share of the market over the forecast period.
Based on the distribution channel, the global dog food extrusion market is categorized into pet specialty stores, supermarkets/hypermarkets, online retailers, and veterinary clinics. Among these, the pet specialty stores have the largest share of the market over the forecast period. The specialty companies’ emphasis on pets has made them one of the most significant distribution channels for dog food. These stores, as opposed to regular grocery stores, offer a large selection of premium and specialized dog foods, such as organic, grain-free, and breed-specific products.
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North America is projected to hold the largest share of the global dog food extrusion market over the forecast period.
North America is projected to hold the largest share of the global dog food extrusion market over the forecast period. The raised levels of pet humanization will influence the North American market. Many pet owners consider their pets to be family members, and, thus, pet food nutrition is a priority for them. Pet food products are widely available through many well-organized and well-distributed dedicated pet stores, supermarket chains, and online sales. The presence of many big manufacturers contributes to the overall growth of the regional market.
Europe is expected to grow at the fastest pace of the global dog food extrusion market during the forecast period. The increasing consumption of snacks in this part of the world is compelling manufacturers to import extruded snack products from other parts of the world just to ensure an unbroken supply of raw materials since domestic production has fallen far short of that of the European food industry.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global dog food extrusion market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Major vendors in the global dog food extrusion market are 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.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In May 2024, Growel Group is investing over 80 crore rupees for pet food. Growel has launched two pet treats as part of its expansion into the fast-growing pet food market. While the snacks, from a variety of flavors under Fullr and DatGud labels, are for dogs, the company plans to do a similar thing for cats and then pet food.
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 & Snacks
Global Dog Food Extrusion Market, By Distribution Channel
- Pet Specialty Stores
- Supermarket & Hypermarket
- 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
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