Lucintel Forecasts Pet Food Extrusion Market To Grow At A Cagr Of 6%-7%

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According to the recent study the pet food extrusion market is projected to grow at a CAGR of 6%-7% from 2020 to 2025. Growth in this market is primarily driven by demand for developing the quality of pet food along with the shaping & sizing benefits, which meets the demand for premium food for pets, increasing demand for longer shelf life, and growing awareness of developing high safety against bacteria.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in pet food extrusion market by type (complete diets and treats), animal type (dogs and cats, fishes, and birds), equipment type (single and twin screw), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link – https://www.lucintel.com/pet-food-extrusion-market.aspx
“Complete diets market is expected to remain the largest segment during the forecast period.”
Based on type, the pet food extrusion market is segmented into complete diets and treats. Lucintel forecasts that the ...
... complete diets is expected to witness the largest segment over the forecast period as complete diets include dry expanded and semi-moist extruded pet food products, which are highly consumed owing to the increase in the demand for premium and super premium pet food products.
“Within the pet food extrusion market, the dogs and cats segment is expected to remain the largest animal type”
Based on animal type, the dogs and cats segment is expected to witness the largest application over the forecast period due to the growing pet adoption rate coupled with increasing disposable income of pet owners.
“Asia Pacific will dominate the pet food extrusion market in near future”
Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period due to the booming pet food processing industry and presence of major companies, such as Mars and Nestle. Key players in Europe and the US focus on tapping the pet food extrusion market in countries, such as India and China.
Download Brochure of this report by clicking on https://www.lucintel.com/pet-food-extrusion-market.aspx
Major players of pet food extrusion market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Andritz, Buhler, Clextral, Pavan, Diamond America, Lindquist Machine, The Bonnot, Kahl Group, Baker Perkins, and Coperion are among the major pet food extrusion providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pet-food-extrusion-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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