Food Extrusion Market Expected To Grow from USD 76.74 billion in 2023 to USD 113.94 billion by 2032, at a CAGR of 4.49% during the forecast period (2024-2032).
The Food Extrusion Market size is expected to grow from USD 76.74 billion in 2023 to USD 113.94 billion by 2032, at a CAGR of 4.49% during the forecast period (2024-2032).
Extrusion is the process of forming and shaping materials by forcing a mixture of elements out through a tiny hole known as a die. The resulting products are referred to as extrudates. Piston and ram-type extruders were the first food processing extruders used to process meats and sausages (Harper 1981). A step in the food processing process called food extrusion helps to shape food in a particular way and then bring it to predetermined sizes, mostly with the aid of blades. Important uses for the food extrusion mechanism include baby food, confections, breakfast cereals, and many pasta varieties.
Key Players in This Report Include:
Brabender GmbH & Co. KG (Germany), Mondelez International and Universal Robina. (US), Bühler (Switzerland), Akron Tool & Die (US), Jinan Darin Machinery Co. , Groupe Legris Industries (Belgium), Lindquist Machine Corporation (USA), Baker Perkins (UK), Coperion (Germany), GEA (Germany), KAHL Group (Germany), Triott Group (Netherlands), Flexicon (US), Kahl Group (Germany), The Bonnot Company (US), Pavan SPA(Italy), American Extrusion International (US), Shandong Light M&E Co.Ltd (China), Snactek (India), Doering systems inc. (US), PacMoore (US), Egan Food Technologies (US), Schaaf Technologie GmbH (Germany), Wenger Manufacturing Inc. (US) and others major key players.
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A new study has been just published regarding the Food Extrusion Market by IMR. This includes detailed and crucial study, trend, and forecast up to 2032. The Food Extrusion market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts, and other key people to have ready-to-access and self-analysed study for understanding market trends, growth drivers, opportunities, and upcoming challenges and competitors.
Europe region is expected to dominate the food extrusion market and will continue to proliferate its trend of dominance over the projected period.
Key Industry Developments in the Food Extrusion Market:
In January 2021, Bühler, collaborated with DIL to improve the sustainable production of healthy extruded meat substitutes. Bühler will use its expertise in extrusion to offer customized solutions with its developed extrusion technology.
In May 2021, Mondelēz International, Inc. disclosed that an agreement to acquire Chipita S.A., a high-growth key player in the Central and Eastern European croissants and baked snacks category. First accepted in Greece over 40 years ago, Chipita S.A. created about $580 million of revenue in 2020 and has a certified track record of compatible growth from its portfolio of croissant and baked snack brands, incorporating such as 7Days, Chipicao, and Fineti. Chipita S.A. has been at the forefront of the advancement and growth in the sector over various economies driven by its strong innovation and producing capabilities.
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The Food Extrusion Market segments are illuminated below:
By Type
Snacks
Cereals
Bread
Flours & Starches
Textured Protein
Functional Ingredients
By Process
Cold
Hot
By Extruder
Single Screw
Twin Screw
Contra Twin Screw
The Food Extrusion market report does highlight the currently prevailing and probable future industry-wide trends and their growth patterns also offers business strategy to help out the stakeholders who can make any sound decision over the profit-making trajectory over forecast years.
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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➠Leverage Data for Strategic Decision-Making
➠Craft Expansion Strategies for Diverse Markets
➠Conduct Comprehensive Competitor Analysis
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➠Benchmark Against Key Competitors
➠Formulate Region-Specific Growth Strategies
Key questions answered
• How feasible is Food Extrusion market for long-term investment?
• What are influencing factors driving the demand for Food Extrusion near future?
• What is the impact analysis of various factors in the Food Extrusion market growth?
• What are the recent trends in the regional market and how successful they are?
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Strategic Points Covered in Table of Content of Food Extrusion Market:
Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Food Extrusion Market Landscape
Chapter Four: Food Extrusion Market by Type
Chapter Five: Food Extrusion Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Food Extrusion Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology
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