Food Extrusion Market Trends, Strategies, Size, Share And Analysis 2024-2033

"The new report published by The Business Research Company, titled ""Food Extrusion Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the food extrusion market size has grown strongly in recent years. It will grow from $85.1 billion in 2023 to $91.25 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The food extrusion market size is expected to see strong growth in the next few years. It will grow to $125.92 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%.

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Processed Food Consumption Fuels Food Extrusion Market Growth
The rapid growth in the consumption of processed food is expected to propel the growth of the food extrusion market going forward. Processed products refer to products that are cooked and packed. It is a process of converting agricultural products into food, they are also called ready-to-eat food. The food extrusion process in packaged and processed food improves the digestibility of proteins and starches and destroys the anti-nutritional factors in food. The changing lifestyles and increased disposable incomes for the people are leading to the increasing demand for ready-to-eat products as they reduce time and effort for the people. For instance, according to the Agricultural and Processed Food Products Export Development Authority (APEDA), in India, processed food products exports touched 21.5 billion from April 2021-to February 2022. Therefore, the rapid growth in the consumption of processed food is significantly contributing to the growth of the food extrusion market.

Technological Innovations In Food Extrusion Market
Technological innovations have emerged as the key trend gaining popularity in the food extrusion market. Major companies operating in the food extrusion market are developing new technological innovations to sustain their position in the market. For instance, in August 2021, GEA, a German-based company that designs and manufactures food extrusion machinery launched its high-capacity extruder named as Tru Twin series based on screw assembly technology. By using this Tru Twin series, users can increase the production capacity up to 40%. This model is used for both the food and pet food industries. This model of the Tru Twin series helps to increase the production capacity of the plants.

The food extrusion market covered in this report is segmented -

1) By Extruder: Single Screw, Twin Screw, Contra-Twin Screw
2) By Process: Cold, Hot
3) By Product Type: Savory Snacks, Breakfast Cereals, Breads, Flours and Starches, Textured Protein, Functional Ingredients, Other Product Types

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Major companies operating in the food extrusion market report are Snactek Food Machines Pvt. Ltd., Bunge Loders Croklaan Group B.V., Hiwant International Inc., Techtronics Machinery Pvt. Ltd., Arca Continental S.A.B de C.V., GEA Group AG, Coperion GmbH, Schenck Process Holding GmbH, Bühler Holding AG, Groupe Legris Industries, Aasted ApS, Axium Foods Inc., Clextral Inc., Baker Perkins Ltd, Wenger Manufacturing Inc., The Bonnot Company, Reading Bakery Systems, PacMoore Products Corporate, Amandus Kahl GmbH & Co. KG, C.A.PICARD SAS, Pavan SPA, American Extrusion International, FBF Italia Srl Company, Akron Tool & Die Co Inc, Doering Systems Inc., Grace Food Processing & Packaging Machinery, Almex USA Inc., Shandong Light M&E Co. Ltd, Diamond America Inc., Snacks Développement SAS

Contents of the report:
1. Executive Summary
2. Food Extrusion Market Report Structure
3. Food Extrusion Market Trends And Strategies
4. Food Extrusion Market - Macro Economic Scenario
5. Food Extrusion Market Size And Growth
…..
27. Food Extrusion Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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