logo
9k
2k
0
9k

Comments

For our ancestors who didn’t have the benefit of a world map...

10 min ago
edit
delete

For our ancestors who didn’t have the benefit of a world map...

Rizom - April,2018
addtofavorite
share

For our ancestors who didn’t have the benefit of a world map...

Rizom - April,2018
addtofavorite
share

For our ancestors who didn’t have the benefit of a world map...

Rizom - April,2018
addtofavorite
share
Post
Comments

    Add Your Comment

    Post
0
0
0
95
Supriya Bhangale 2019-02-01 04:41
0
0
0
95
Pet Food Extrusion Market Analysis, Growth, Trends, Share, & Forecast to 2022

The pet food extrusion market studied in this report involves the market coverage of extruded pet food products and pet food extrusion equipment. The pet food extrusion market is projected to grow at a CAGR of 5.6% over the next five years, to reach USD 72.64 Billion by 2022.

The increasing demand for extruded pet food has fueled the demand for pet food extrusion equipment as these equipment enhance the quality of pet food along with the shaping and sizing benefits, which helps meet the demand for premium and super premium food products for pets with a long shelf life and high bacterial safety. Thus, manufacturers are expanding their capabilities to meet the increasing demand for pet food. The type of extrusion equipment required depends on the extrusion process, type of pet food, ingredient type, amount, and cooking time in relation to the desired maximum capacity.

Download PDF Brochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=264161682

During the forecast period, the single screw extruder segment is projected to grow at the highest CAGR, in the pet food extrusion equipment market, in terms of value and volume. Various benefits such as low capital cost and simplicity offered by single screw extruders have been driving the growth of this segment over the last few years. A single screw extruder offers simplicity and ease of operation, whereas a twin-screw extruder offers versatility and flexibility. Low capital cost and easy maintenance are some of the major factors responsible for the high demand for single screw extruders.

North America is estimated to occupy the largest share of the global pet food extrusion market, in terms of value, in 2017, owing to the booming pet food processing industry and presence of major companies such as Mars and Nestle. The South American and Asia Pacific regions are projected to be fast-growing during the forecast period. Key players in Europe and the US focus on tapping the pet food extrusion market in countries such as India and China, owing to which Asia Pacific is expected to witness high growth in the coming years.

Speak to Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=264161682

The stringent rules and regulations with regard to certification, sterilization, hygiene, and labeling of ingredients are the major factors restraining the growth of the extruded pet food products market, globally. The major challenges faced by the pet food product processors/manufacturers are the capital investment for equipment and threat for counterfeit products.

The market for pet food extrusion equipment is dominated by key players such as Andritz (Austria), Buhler (Switzerland), Clextral (France), Pavan (Italy), Diamond America (US), Lindquist Machine (US), The Bonnot (US), Kahl Group (Germany), Baker Perkins (UK), Coperion (Germany), Doering Systems (US), Brabender (Germany), and American Extrusion International (US), while the market for extruded pet food products is dominated by Mars (US), Nestle (Denmark), and The J.M. Smucker Company (US).

Target Audience:

  • Extrusion machinery, technology, and equipment manufacturers and suppliers
  • Extruded pet food product manufacturers, suppliers, and distributors
  • Extrusion machinery spare part suppliers and distributors
  • Regulatory and research organizations
    • Food and agriculture organizations such as the FAO and USDA
    • Associations and industry bodies such as the Pet Food Manufacturers Association (PFMA), and The Europe Pet Food Industry (FEDIAF), The Brazilian Association of Pet Products Industry (ABINPET), The Pet Food Industry Association of Australia (PFIAA), The Pet Food Manufacturers Association (PFMA), Russia, and The Europe Pet Food Industry (FEDIAF)
  • Government agencies and NGOs
  • Food safety agencies


written by

written by

Supriya Bhangale

 

Comments

No comment yet...

Add Your Comment

Post