What Is The Current and Historic Market Size Analysis Of Food Extrusion Market?
The food extrusion market has seen considerable growth due to a variety of factors.
• The size of the food extrusion market has seen significant growth in the past few years. It is anticipated to increase from a market value of $91.25 billion in 2024 to $97.84 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%.
The growth during the historic period is due to various factors such as the amplified demand for processed and convenience foods, the rising trend of snack foods, the cost-effectiveness of food production, the expansion of the pet food industry, and improved product life span.
What Is the Forecasted Market Size and Growth Rate for The Food Extrusion Market?
The food extrusion market is expected to maintain its strong growth trajectory in upcoming years.
• Strong growth is expected in the food extrusion market size in the coming years, with an anticipated increase to $137.95 billion in 2029 and a compound annual growth rate (CAGR) of 9.0%.
This growth during the forecasted period is due to various factors which include heightened demand for healthier snack options, increase in plant-based and alternative protein products, expansion of the functional food market, boosted adoption in emerging regions, and a commitment to sustainable and eco-friendly practices. The period is also expected to witness major trends such as advancements in extrusion equipment technology, a surge in interest for plant-based and alternative proteins, broadening of product assortment, greater focus on health and nutrition, and stress on sustainable practices.
Which Key Drivers Are Propelling Th Food Extrusion Market's Growth?
The escalating consumption of processed food is predicted to invigorate the progress of the food extrusion market. Essentially, processed foods are cooked, packaged goods, often termed as ready-to-eat items, that essentially transform agricultural commodities into food. The extrusion procedure in these meals revamps the digestibility of proteins and starches while eliminating elements harmful to nutrition within the food. Shifting lifestyles and heightened disposable income among individuals have led to a surge in the demand for such convenient meals that save both time and effort. For example, the exports of processed food products reached 21.5 billion between April 2021 and February 2022, as reported by the Agricultural and Processed Food Products Export Development Authority (APEDA) in India. Hence, the swift rise in the intake of processed food is playing a significant role in driving the expansion of the food extrusion market.
What Are The Main Segments Of The Global Food Extrusion Market?
The food extrusion market covered in this report is segmented –
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
Subsegments:
1) By Single Screw: Low-Pressure Extruders, High-Pressure Extruders
2) By Twin Screw: Co-rotating Twin Screw, Counter-rotating Twin Screw, Contra-Twin Screw
3) By Intermeshing Contra-Twin Screw: Non-Intermeshing Contra-Twin Screw
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What Emerging Trends Are Influencing The Growth Of The Food Extrusion Market Landscape?
Prominent companies active in the food extrusion market are concentrating on creating innovative solutions such as a multi-functional forming system, which can produce a vast range of filled goods. This comprehensive system merges various operations like shaping, cutting, and molding into one singular machinery to streamline manufacturing. For instance, Handtmann Inc., a German machine industry enterprise, introduced the FS 525 comprehensive forming system in February 2024. This system by Handtmann Inc. employs ground-breaking technology for precise portioning and forming, ensuring superior product quality and uniformity. It incorporates a co-extrusion feature that facilitates the production of filled items, rendering it crucial for food processing, notably in meat, vegetarian, and sweet treat industries. It utilizes two unique forming methods: hole plate forming to create free-formed 3D products and rotary cutting for generating varied cross-sections. Its flexibility permits the management of a wide selection of food products. Furthermore, it is constructed to effectively process diverse types of fillings, augmenting production competencies for snack and convenience foods.
Who Are the Key Players in the Food Extrusion Market?
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 Is The Most Dominant Region In The Food Extrusion Market?
Europe was the largest region in the food extrusion market in 2024. The regions covered in the food extrusion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
