Food Extrusion Market Size, Trend Analysis: Forecasting Trends and...

Food Extrusion Market Size, Trend Analysis: Forecasting Trends and Growth Opportunities from 2024-2032

Posted 2024-05-17 11:46:31

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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).

The food extrusion market is growing rapidly due to the rising demand for processed and convenience foods. Extrusion technology is widely used in the food industry to manufacture a variety of products such as snacks, breakfast cereals, pet food, and confectionery. The process involves forcing raw ingredients through a die to create specific shapes and textures, enhancing the nutritional value and shelf life of food products. Advances in extrusion technology, including the development of twin-screw extruders and high-moisture extrusion processes, are driving innovation in this 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.

Top Food Extrusion Companies Covered In The Research Report:

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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Food Extrusion Market Segmentation:

By Type

· Snacks

· Cereals

· Bread

· Flours & Starches

· Textured Protein

· Functional Ingredients

By Process

· Cold

· Hot

By Extruder

· Single Screw

· Twin Screw

· Contra Twin Screw

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Market Dynamics And Factors In Food Extrusion Market

Market Driver:

One major driver of the food extrusion market is the increasing consumer preference for healthy and convenient food options. With the busy lifestyles of modern consumers, there is a growing demand for ready-to-eat and easy-to-prepare food products. Extrusion technology allows manufacturers to produce a wide range of nutritious and fortified food items that cater to health-conscious consumers. Additionally, the ability to incorporate various ingredients, such as proteins, fibers, and vitamins, into extruded products aligns with the trend towards functional foods, further driving market growth.

Market Opportunity:

An emerging opportunity in the food extrusion market lies in the development of plant-based and alternative protein products. As the demand for vegetarian and vegan food options continues to rise, extrusion technology offers a versatile method for creating meat substitutes and other plant-based foods with desirable textures and flavors. Companies that invest in research and development to optimize extrusion processes for alternative proteins can capitalize on this growing market segment. Furthermore, the use of sustainable and locally sourced raw materials in extrusion can appeal to environmentally conscious consumers, opening new avenues for growth.

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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