Food Extrusion Market - Trends Forecast Till 2028

Food Extrusion Market by Extruder (Single Screw, Twin Screw, and Contra Twin Screw), Process (Cold and Hot), Product Type (Savoury Snacks, Breakfast Cereals, Bread, Flours & Starches, and Textured Protein), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-FB-FEM-1011

Format:  

Number of Pages: 402

Domain: Food & Beverages

Food Extrusion Market – Trends Forecast Till 2028

The global food extrusion market is estimated to be valued at USD 73.1 billion in 2021. It is projected to reach a CAGR of 7.4% during the forecast period 2021-2028.

Food extrusion is a process by which a set of mixed ingredients are forced through a реrfоrаtеd рlаtе or dуе-ореnіng, which produces food products of desired size, shape, and texture. The machine that forces the mix through the die is an extruder, and the mix is known as the extrudate. The extruder consists of a large, rotating screw tightly fitting within a stationary barrel, connected to a die at the end. Extruded food products are high in starch content and are made by the extrusion of numerous ingredients, including corn, potatoes, wheat, oats, and tapioca.

Rising awareness regarding healthy snacking habits, changing lifestyle of consumers, rapid urbanization, and rising adoption of nutritional eatables are some of the factors that have supported long-term expansion for Food Extrusion Market.

Food Extrusion Market Size Analysis

Europe dominates the food extrusion market with the highest market share due to the rising consumer base & growth in food processing units and food manufacturing technology with stringent food safety regulations. The European food companies are focusing more on savoury snacks utilize food extruder machines and cereal production and an increase in bread consumption are also increasing the growth of the food extrusion market in Europe.

Food Extrusion Market is segmented into product type, extruder, process and region.

On the basis of Product Type

  • Savory snacks
  • Breakfast cereals
  • Breads
  • Flours & Starches
  • Textured protein
  • Functional ingredients
  • Other product types

On the basis of Extruder  

  • Single screw extruder
  • Twin screw extruder
  • Contra-twin screw extruder

On the basis of Process  

  • Cold extrusion
  • Hot extrusion

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Food Extrusion Market Primary Respondent

 

Key Players

  • Solvay
  • Stepan Company
  • Xylem
  • Trojan Technologies Group ULC.
  • Evonik Industries AG
  • FINK TEC GmbH
  • Universal Robina Corporation.
  • NEOGEN Corporation.
  • Evoqua Water Technologies LLC
  • AMERICAN EXTRUSION INTERNATIONAL.
  • Mondelēz International.
  • Lindquist Machine Corporation
  • Calbee
  • Frito-Lay North America, Inc.
  • Bühler AG
  • Triott Group
  • Coperion GmbH
  • The Bonnot Company
  • Flexicon Corporation
  • Akron Tool & Die Co., Inc.,

Recent Developments

  • In July 2021, Flexicon Corporation Pty Ltd doubled the size of its manufacturing and sales operation. It will ensure the company’s growth in Asia.
  • In April 2021, Givaudan and Bühler jointly opened the APAC Protein Innovation Centre. It is located at the Givaudan Woodlands site in Singapore. The Protein Innovation Centre jointly runs being supported by experts from both companies. It is connected to a vast network of R&D innovation centers in Switzerland, and other key hubs across the region helps in plant-based product development on a global scale. This helps the company in achieving a vision of a collaborative and sustainable future of food.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Food Extrusion Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 73.1 billion

Growth Rate

CAGR of 7.4% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

product type, extruder, process and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Solvay, Stepan Company, Xylem, Trojan Technologies Group ULC., Evonik Industries AG, FINK TEC GmbH, Universal Robina Corporation., NEOGEN Corporation., Evoqua Water Technologies LLC, AMERICAN EXTRUSION INTERNATIONAL., Mondelēz International., Lindquist Machine Corporation, Calbee, Frito-Lay North America, Inc., Bühler AG,, Triott Group, Coperion GmbH, The Bonnot Company, Flexicon Corporation and Akron Tool & Die Co., Inc.,

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