FOOD EXTRUSION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In April 2024, Givaudan, in collaboration with MISTA and Bühler, announced the launch of a cutting-edge extrusion hub at the MISTA Innovation Center in San Francisco. This strategic partnership aims to enhance innovation in the food industry, particularly in the realm of extrusion technology, which is pivotal for developing a variety of food products.
• In 2021, Flexicon Corporation Pty Ltd made a significant strategic move by doubling the size of its manufacturing and sales operations. This expansion is poised to enhance the company’s growth trajectory, particularly in the Asian market, which is known for its dynamic economic environment and increasing demand for innovative solutions.
• In 2021, Givaudan and Bühler launched the APAC Protein Innovation Centre at Givaudan's Woodlands site in Singapore. This collaborative initiative aims to drive innovation in plant-based product development, leveraging the expertise and resources of both companies.