Food Extrusion Market Estimated To Cross 103.74 Billion Globally By 2030 - Exclusive Report By IMR
The Global Food Extrusion Market size is expected to grow from USD 73.51 billion in 2022 to USD 103.74 billion by 2030, at a CAGR of 4.4% during the forecast period (2023-2030).
Food extrusion is a process used in the food industry to produce a wide range of food products with consistent shapes, textures, and sizes. It involves forcing a food mixture, typically in a semi-solid or viscous state, through a shaped opening (die) to create a specific product shape. The food mixture is typically composed of ingredients such as grains, flours, starches, proteins, water, fats, and other additives.
Major Key Players for 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 major key players.
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The latest research on the Food Extrusion market provides a comprehensive overview of the market for the years 2024-2032. It gives a comprehensive picture of the global Food Extrusion industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Food Extrusion market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Food Extrusion Market Segmentation:
By Type
· Snacks
· Cereals
· Bread
· Flours & Starches
· Textured Protein
· Functional Ingredients
By Extruder
· Single Screw
· Twin Screw
· Contra Twin Screw
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Market Dynamics And Factors In Food Extrusion Market
Key Market Drivers:
The rising demand for textured protein is turning the food extrusion market. With the growing sustainable population employing veganism, the demand for textured protein is rising. Textured proteins are growing due to the popularity of vegetarian consumers. Meat alternative market size is also superior owing to the growth of textured protein and these products are manufactured using food extruders.
Key Market Restraints:
There are some restraints and challenges faced which will hamper the overall food extrusion market growth. The factors such as fluctuating raw material prices and stringent food regulations confine the growth. Additionally, global climatic changes affect the production of raw materials hence restraining the food extrusion market growth.
Key Opportunities:
New product advancement and introduction of extruded food products, government initiatives and investments to growth of the processed food sector, and untapped opportunity in developing markets provide favorable growth opportunities to improve the overall growth of the global food extrusion market.
Geographic Segment Covered In The Report:
· North America (U.S., Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, U.K., 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, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
Report includes Competitor's Landscape:
· Major trends and growth projections by region and country
· Key winning strategies followed by the competitors
· Who are the key competitors in this industry?
· What shall be the potential of this industry over the forecast tenure?
· What are the factors propelling the demand for the Action Figures And Statues?
· What are the opportunities that shall aid in significant proliferation of the market growth?
· What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
· How has the covid-19 impacted the growth of the market?
· Has the supply chain disruption caused changes in the entire value chain?
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