Extruded Pet Foods Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Extrusion is the process of producing dry or semi-moist food products having specific shape. The ingredient mix is passed through a perforated plate or through an opening to achieve the desired shape. According to the research published in 'Journal of Food Processing & Technology', 95% of the pet foods are extruded. Extruded pet foods are specially curated for companion animals such as dogs, cats, fishes, and other pets to ensure their physical and mental wellbeing. They contain absorbable nutrients and healthy bacteria that aids the digestion process in pet animals. These food products are rich in vitamins, minerals, fatty acids, and other nutrients that boost their immunity and fulfill the requirements of energy.

MARKET DYNAMICS

Rising demand for extruded pet food products owing to their advantages and convenience of use in terms of feeding the animals and storage is a crucial factor driving the market growth. Moreover, increasing number of pet owners across the globe is also one of the major factors contributing to the demand for extruded pet food over the forecast period.

MARKET SCOPE

The "Global Extruded Pet Foods Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the extruded pet foods market with detailed market segmentation by product type, pet type, and distribution channel. The global extruded pet foods market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading extruded pet foods market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global extruded pet foods market is segmented into product type, pet type, and distribution channel. By product type, the extruded pet foods market is bifurcated into snacks & treats and dry pet food. By pet type, the extruded pet foods market is bifurcated into dogs, cats, fish, and others. By distribution channel, the extruded pet foods market is bifurcated into supermarket & hypermarket, specialty store, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global extruded pet foods market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The extruded pet foods market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the extruded pet foods market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the extruded pet foods market in these regions.

MARKET PLAYERS

The report covers vital developments in the extruded pet foods market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the extruded pet foods market are anticipated to lucrative growth opportunities in the future with the rising demand for extruded pet foods in the global market. Below mentioned is the list of few companies engaged in the extruded pet foods market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the extruded pet foods market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Nestle S.A.
  
•   Mars Petcare Inc.
  
•   The J.M. Smucker Company
  
•   The Blue Buffalo Company
  
•   WellPet LLC
  
•   Diamond Pet Foods
  
•   Nature's Logic
  
•   VisioCap LLC
  
•   Orijen
  
•   The Colgate-Palmolive Company
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Extruded Pet Foods Report Scope