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

Food extrusion is a process of subjecting food ingredients to forces of shear, pressure, heat, and friction to produce snacks in the form of pellets, flakes or dough pieces. It helps in mixing raw ingredients uniformly, controlling moisture content, shaping the mix and expanding products into their final form. The technique is widely used in production of breakfast cereals, savories, and confectionery products. Extrusion cooking offers advantages like shorter production times, continuous operation, customizable textures, sterilization, and increased shelf life. With growing demand for convenient, extruded snacks rich in protein and fiber, the food extrusion market is poised to expand in the coming years.

Market Dynamics:

The food extrusion market growth is driven by changing lifestyles and eating habits of consumers. Busy schedules leave little time for homemade meals, boosting sales of ready-to-eat extruded snacks. Rising health awareness is increasing demand for protein-rich and low-fat extruded products. However, unpredictable raw material prices owing to climate changes and availability issues pose a challenge. Opportunities lie in catering to vegan and gluten-free segments through innovative formulations. Emerging economies offer scope for market players as disposable incomes rise. Extrusion technology manufacturers are collaborating with food companies to develop customized solutions and expand geographically.

Key Features of the Study:

• This report provides in-depth analysis of the global food extrusion market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global food extrusion market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include KAHL Group, Akron Tool & Die, Bühler, Baker Perkins, Coperion, GEA, Triott Group, Flexicon, Groupe Legris Industries, The Bonnot Company, American Extrusion International, Shandong Light M&E Co., Ltd, Snactek, Doering systems, inc., PacMoore, Egan Food Technologies, Schaaf Technologie GmbH, Wenger Manufacturing, Inc., Brabender GmbH & Co. KG, and Jinan Darin Machinery Co., Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global food extrusion market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food extrusion market.

Detailed Segmentation-

• By Product Type:
• • Snacks
  • Breakfast Cereals
  • Textured Vegetable Protein (TVP)
  • Pet Food
  • Others
• By Equipment Type
• • Single Screw Extruders
  • Twin Screw Extruders
    • Co-rotating Twin Screw Extruders
    • Counter-rotating Twin Screw Extruders
  • Others
• By End-Use Industry
• • Food and Beverage
  • Others
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • KAHL Group
  • Akron Tool & Die
  • Bühler
  • Baker Perkins
  • Coperion
  • GEA
  • Triott Group
  • Flexicon
  • Groupe Legris Industries
  • The Bonnot Company
  • American Extrusion International
  • Shandong Light M&E Co., Ltd
  • Snactek
  • Doering systems, inc.
  • PacMoore
  • Egan Food Technologies
  • Schaaf Technologie GmbH
  • Wenger Manufacturing, Inc.
  • Brabender GmbH & Co. KG
  • Jinan Darin Machinery Co., Ltd.