Report

Global Food Extrusion Market Size study, by Product Type (Savory Snacks, Breakfast Cereals, Breads, Flours & Starches, Textured Protein, Functional Ingredients, Other Product Types), by Extruder (Single Screw Extruder, Twin Screw Extruder, Contra-Twin Screw Extruder), by Process (Cold Extrusion, Hot Extrusion), and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global food extrusion market to reach USD 106.1 billion by 2027. Global food extrusion market is valued approximately at USD 68.7 billion in 2020 and is anticipated to grow with a healthy growth rate of about 6.4% over the forecast period 2021-2027. Extrusion is adopted in food processing, which pushes the mixed ingredients out via a small opening (known as a die) to form and to shape the food products. Extrusion enables mass production of food through an efficient, continuous, system that ensures the uniformity of the final food product. Food products manufactured by the use of extrusion usually have a high content of starch. The global food extrusion market is being driven by trend of veganism and increase in demand for processed food products. Furthermore, government initiatives and investments to expand the processed food sector will provide new opportunities for the global food extrusion industry. In addition, growth in the food market across the globe also supplements the market growth. According to Statista, the total revenue of the food market across the globe is expected to increase from USD 8 trillion in 2020 to approximately USD 9.1 trillion by 2025. Such growth in the food market across the globe is expected to have a positive impact on the growth of global food extrusion market during the forecast period and hence, this is expected to boost the market growth. However, volatility of raw material prices may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global food extrusion market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe accounts for the largest share in terms of market revenue in the global food extrusion market over the forecast period 2021-2027. Factors such as rise in the consumption of processed food in the Eastern and Southeastern European countries, increase in the consumption of snack products, etc. contribute towards the largest market share of the region in the forecast years.

Major market player included in this report are:
B? 1/4 hler
Akron Tool & Die
Baker Perkins
Coperion
KAHL Group
Triott Group
Flexicon
Groupe Legris Industries
The Bonnot Company
American Extrusion International

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Savory snacks
Breakfast cereals
Breads
Flours & Starches
Textured protein
Functional ingredients
Other product types
By Extruder:
Single screw extruder
Twin screw extruder
Contra-twin screw extruder
By Process:
Cold extrusion
Hot extrusion
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Food Extrusion Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors