The global food extrusion market is likely to boost due to the growing healthy snacking habits, changing lifestyles, rapid urbanization, and increased adoption of nutritional eatables.

The Global Food extrusion market size was valued at US$ 62.5 Billion in 2020 and projected to reach US$ 83.1 Billion by 2027, growing at a CAGR of 3.8% during the forecast period, 2021-2027. Increased customer preference for convenience foods, which indirectly promotes the increasing need for extruded food items, drives the demand for extrusion equipment.

Furthermore, the rise of the processed food industry in fast-growing urban households in developing nations is predicted to boost demand for extruded foods. As a result of these factors, food manufacturers' demand for food extruders is expanding, enhancing market demand.

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Moreover, developments in processed foods, changing lifestyles, higher disposable incomes, and advancements in food extrusion technology are predicted to drive growth in the food extrusion market over the forecast period. Furthermore, the market's growth is supported by the increased acceptance of healthy snacking habits and nutritional intake.

Type Overview in the Global Food Extrusion Market
Based on the types, the global food extrusion market is segregated into single-screw extruders, twin-screw extruders, contra twin-screw extruders. The Twin-screw extruders are expected to lead the market by 2027. Because twin-screw extruders often utilize a more complex electronic control system, such as a PLC extrusion computer or cabinet. All of the extruder's critical parameters, including current, voltage, temperature, torque, and rotation speed, may be displayed immediately on the extrusion computer or cabinet. A twin-screw extruder may change the screw element combination more effectively and employ a varied, accurate metered feeding hopper for diverse plastic compounding.

Process Overview in the Global Food Extrusion Market

Based on the process, the global food extrusion market is classified into cold extrusion, hot extrusion. Hot extrusion captured the largest market share in 2020 in the global food extrusion market. The growing popularity of hot extrusion can be attributed to factors such as rapid high energy transfers into the mass with high-temperature short-time benefits, creation of complex shapes, both solid and hollow, low tooling cost compared to other technologies. It also gives a completely different chemical property to the substance produced from the introduced raw materials.

Food Product Overview in the Global Food Extrusion Market

Based on the product, the global food extrusion market is segmented into savory snacks, breakfast cereals, Bread, flour and starches, textured protein, and others. The savory snacks segment will hold the largest share in the food extrusion market. This segment's expansion is being fueled by the easy availability of raw materials and good functional features. Advances in production technology are likely to boost the food extrusion market. It is also attributed to their soft filling and crispy texture in most of the products, and also the presence of ready-to-eat snacks will lead this segment a lot.

Regional Overview in the Global Food extrusion Market

By geography, the global food extrusion market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe will dominate the food extrusion market in the forecasted period. The presence of a developed snack food sector provides a huge consumer base for the European food extrusion business, which can grow significantly. Diversification of commercial food processing will be in the European region. The market is extremely fragmented, stressing the existence of major, medium, and small-scale businesses, and it is made up of a complex supply chain with numerous middlemen. It will be the world's largest extruded food user.

Global Food Extrusion Market: Competitive Landscape

Companies include American Extrusion International, Baker Perkins, Akron Tool & Die, Kahl Group, Lindquist Machine, Flexicon, Triott Group, The Bonnot Company, Groupe Legris Industries are the key players in the global food extrusion market.

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