According to this latest study, the growth in The Food Extrusion Market size is projected to reach USD 89.2 Billion by 2027 from an estimated USD 67.7 Billion in 2020, growing at a CAGR of 4% globally.
Extrusion is referred to as a system of propelling mixed ingredients out through a small opening, called a die, to form and shape the materials. The formed products are then called extrudates. The first extruders for food processing were piston and ram-type extruders for processing meats and sausages (Harper 1981). Food extrusion is a part of the food processing process which aids in developing food a specific way, and later bringing it to defined sizes majorly with the help of blades. Breakfast cereals, confectionery products, baby foods, and different kinds of pasta make important applications of the food extrusion mechanism. Additionally, food extrusion helps in overthrowing the number of microorganisms in foods when treated at high temperatures and removes natural toxins, thereby preparing the foods safer for utilization. Food extrusion provides beneficial significances such as high productivity, versatility, energy efficiency, cheaper cost, and low space requirements. These features help to produce an extensive variety of food with greater production capability. Amidst the COVID-19 pandemic, the global market for Food Extrusion projected at US$67.7 Billion in the year 2020, is estimated to gain a revised size of US$89.2 Billion by 2027, during the period 2020-2027
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The IMR current study on the Food Extrusion market contains a competitive quadrant, which is a significant tool for new entrants to evaluate and analyse the market’s position in recent years as well as the market’s predicted growth throughout the forecast period. The study also assists in understanding the organisations based on their market performance scores and position. This report examines the market using several variables, such as drivers, restraints, opportunities, and growth. Other aspects evaluated for the analysis include market participants’ financial performance over the last few years, innovation score, new product launches, growth strategies, market share growth, investments, and so on.
Leading Key Players Covered in Food Extrusion market:
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.
These companies are devising key strategies such as acquisitions, merges, collaborations, partnerships, new product launches, regional expansions, and targeting untapped markets to gain competitive advantage over other players working in the market.
Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
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Segmentation of Food Extrusion market:
By Type :
- Savory Snacks
- Breakfast Cereals
- Flours & Starches
- Textured Protein
- Functional Ingredients
- Single Screw Extruders
- Twin Screw Extruders
- Contra Twin Screw Extruders
Geographic Segment Covered in the Report
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
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Reasons to Purchase this Market Report:
Market forecast analysis through recent trends and SWOT analysis
Food Extrusion Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
Food Extrusion Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
Competitive environment related to the Food Extrusion market shares for key players, along with new projects and strategies that players have adopted over the past five years
Key Benefits for Industry Participants & Stakeholders:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Food Extrusion Market
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