Press release
Food Extrusion Market: Accelerated Growth and Emerging Trends, CAGR of 7.2% Expected
Food Extrusion Market Outlook
What Is The Projected Market Size Of The Global Food Extrusion Market And Its Growth Rate?
The food extrusion market has shown consistent growth with anticipated additional strides in the next few years. Market statistics include:
* The market grew from $91.25 billion in 2024 to $97.84 billion in 2025 at a CAGR of 7.2%
* It is projected to reach $137.95 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%
This growth can be attributed to factors such as increased demand for processed foods, snack foods, cost-effectiveness in food production, and enhanced product shelf life.
What Is Driving The Growth In The Food Extrusion Market?
Rapid consumption growth of processed food is expected to propel the development of the food extrusion market. As lifestyles change and disposable incomes increase, demand for ready-to-eat products that reduce time and effort is also increasing. The food extrusion process improves the digestibility of proteins and starches and destroys anti-nutritional factors in food, which is desirable in producing these products. For instance, exports of processed food products from India touched 21.5 billion from April 2021-to February 2022 according to the Agricultural and Processed Food Products Export Development Authority (APEDA).
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Who Are the Key Players Driving Food Extrusion Market Growth?
Major companies operating in the food extrusion market include:
* Snactek Food Machines Pvt. Ltd.
* Hiwant International Inc.
* Techtronics Machinery Pvt. Ltd.
* GEA Group AG
* Coperion GmbH
* Bühler Holding AG
* 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
* Pavan SPA
* American Extrusion International
* FBF Italia Srl Company
* Akron Tool & Die Co Inc
* Doering Systems Inc.
* Grace Food Processing & Packaging Machinery
* Shandong Light M&E Co. Ltd
* Diamond America Inc.
* Snacks Développement SAS
What Are The Key Trends In The Food Extrusion Market?
Major trends in the forecast period driving the food extrusion market include:
* Technological advancements in extrusion equipment
* Rising interest in plant-based and alternative proteins
* Diversification in product offerings
* Focus on health and nutrition
* Emphasis on sustainable practices
What Are The Segments Of The Global Food Extrusion Market?
Segments in the global food extrusion market include:
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
Which Region Leads The Food Extrusion Market?
In 2024, Europe was found to be the largest region in the food extrusion market. The food extrusion market report covers other key regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Food Extrusion Market Global Market Report?
- Market Size Analysis: Analyze the Food Extrusion Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Food Extrusion Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Food Extrusion Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Food Extrusion Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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