Food Extrusion Market Size, Demand, and Future Outlook: Global Industry Trends and Forecast to 2030
"While crafting Food Extrusion Market research report, marketing administration is extremely aware about certain things that include the minds of target markets, feelings, preferences, attitudes, convictions and value systems. A formalised and managerial approach has been taken up to do the same to understand all the above mentioned aspects. This market report also provides the complete overview of the market, covering various aspects such as product definition, market segmentation, and the prevailing vendor landscape. In addition, the comprehensive Food Extrusion Market report makes out and analyses the emerging trends along with major driving factors, challenges and opportunities in the market for Food Extrusion Market industry.
Food Extrusion Market is anticipated to observe growth during the forecast period due to growing demand at the end user level. This business report not only works to compete but also to outshine the competition. It divides the global market size value and market volume by manufacturers, type, application, and region. The market report provides information about all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands while giving a synopsis of market definition, classifications, and market trends. The Food Extrusion Market business report has a lot to offer which will lend a hand in making a decision regarding the market.
Data Bridge Market Research analyses that the food extrusion market is expected to reach USD 119.37 billion by 2030, which was USD 77.19 billion in 2022, registering a CAGR of 5.60% during the forecast period of 2023 to 2030.
Explore Further Details about This Research Food Extrusion Market Report https://www.databridgemarketresearch.com/reports/global-food-extrusion-market
Food Extrusion Market Scope and Segmentation
REPORT METRIC |
DETAILS |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Extruder (Single Screw, Twin Screw and Contra Twin Screw), Process (Hot and Cold), Food Product (Breakfast Cereals, Savoury Snacks, Flours and Starches, Bread, Functional Ingredients, Textured Protein and Others) |
Countries Covered |
U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered |
Solvay (Belgium), Stepan Company (U.S.), Xylem (U.S.), Evonik Industries AG (Germany), FINK TEC GmbH (Germany), Universal Robina Corporation (U.S.), NEOGEN Corporation (U.S.), Evoqua Water Technologies Corp. (U.S.), AMERICAN EXTRUSION INTERNATIONAL (U.S.), Coperion GmbH (Germany), The Bonnot Company (U.S.), Baker Perkins (U.K.), GEA Group Aktiengesellschaft (Germany), Groupe Legris Industries (Belgium), Triott (Netherlands) |
Market Opportunities |
|
Market Definition
Food extrusion is a process that includes applying a force to a material that causes it to flow through a dye opening, resulting in food products of the required texture, size, and shape. Food extrusion increases the digestibility of numerous plant components, such as proteins and starch, which results in improved digestibility and quality of food products.
Global Food Extrusion Market Dynamics
Drivers
- Increasing consumption of processed food
The growth in the consumption of processed food is likely to drive the food extrusion market growth during the forecast period. Processed products are those products that are packed and cooked. It is a process of altering agricultural products into food. They are also named ready-to-eat food. The food extrusion process in processed and packaged food increases the digestibility of starches and proteins and destroys the anti-nutritional factors in food. Thus, the growth in the consumption of processed food is significantly contributing to the market's growth.
- Growing demand for textured protein
With the growing sustainable population shifting towards veganism, the demand for textured protein is rising. Textured proteins are growing because of enticing vegetarian consumers. The meat alternative market is also increasing because of the growth of textured protein, and these products are prepared using food extruders. The textured proteins can undergo many changes and are more reactive during the extrusion procedure, with denaturation most important. The rise in textured protein is likely to boost market growth.
Opportunities
- Increasing technological advancements in food extrusion products
Technological innovations have become a major popular trend in the food extrusion market. Major industries operating in the food extrusion market are developing new technological innovations to strengthen their position in the market. For instance, GEA launched its high-capacity extruder called the Tru Twin series based on screw assembly technology in 2021. Through this Tru Twin series, users can surge the production capacity by up to 40 percent. This model is used for both the pet food and normal food industries.
- Rising demand for immunity building
The importance of building solid immunity among people is growing rapidly all around the globe. This leads to an augmented demand for healthier food products, which can be prepared through food extrusion as it prepares highly nutritious food. Thus, the increasing demand for immunity building and the rising adoption of healthier products is anticipated to create lucrative opportunities for market growth during the forecast period.
Core Objective of Food Extrusion Market:
Every firm in the Food Extrusion Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
Size of the Food Extrusion Market and growth rate factors.
- Important changes in the future Food Extrusion Market
- Top worldwide competitors of the Food Extrusion Market.
- Scope and product outlook of Food Extrusion Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Food Extrusion Market.
- Global Food Extrusion Market top manufacturers profile and sales statistics.
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Food Extrusion Market research report.
- Interaction with research scientists and development heads to understand the nature of the Food Extrusion Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Food Extrusion Market size
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