Global Food Extrusion Market Opportunities and Forecast 2023-2030

Food Extrusion Market Overview

The food extrusion market is primarily driven by the expansion of the processed food industry. The dynamic lifestyles and high disposable incomes of the population have led to an increased demand for ready-to-eat product types as they help save time and energy. additionally, the demand for processed product types from the urban population of developing economies is anticipated to later on drive the demand for food extrusion equipment. The rising per capita income and also the increasing trend of snacking between meals are provision the demand for extruded product types. consumer preferences in rising economies like China, India, Brazil, and the middle east have step by step transitioned from traditional homemade breakfasts and snacking meals to ready-to-eat product over the last couple of decades.
 
Over the past few years, the processed food industry has witnessed many activities—the emergence of recent players, the growth of snacks portfolio through continuous product innovation, aggressive promoting campaigns to determine a supplier-consumer relationship, and a shift in consumption patterns with the increasing demand for convenience foods. With the rise in disposable incomes, the demand for branded snacks is anticipated to extend. to boot, the rising health consciousness due to inactive modus vivendis and also the increasing incidences of lifestyle diseases in developed and developing countries have resulted within the demand for “healthy” snacks. This demand is merely expected to extend within the future and presents moneymaking opportunities for each existing likewise as new players.
 
Changes in climatic conditions across the world have reduced the production of raw materials, like potatoes, corn, and food product. Snack pellet makers suffer a shortage of staple offer and ar unable to satisfy the rising demand. because of the volatility issue, the costs of alternative raw materials, like wheat and oil, vary by quite four-hundredth, in conjunction with the fluctuation of gas by quite twenty fifth. additionally to the current, the high value of snack pellet ingredients, like binding agents and savory flavors, additionally act as a restraint. because of a hike within the evaluation of raw materials used for snack pellets, makers ar experiencing a declining trend in their profit margins.

The covid-19 Impact on Food Extrusion Market:

Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
 
Food Extrusion Market Segment Overview



By Type, A single screw extruder consists of a live bin, feeding screw, preconditioning cylinder, extruder barrel, die, and knife. It uses one single screw within the barrel of the extruder to move and form multiple ingredients into a uniform product sort by forcing the ingredient combine through a formed die to provide a consistent form.
 
By Product Type, Breakfast cereals are popular as they're convenient and provide nutritional benefits as well. They can be available in 2 varieties, i.e., ready-to-eat cold and hot cereals. The merchandise is also sweet according to the market demands and incorporate typical breakfast parts, like cocoa, honey, and malt. an extra modification involves granola/muesli mixes, that principally consist of extruded merchandise nutritional items of nuts and raisins.
 
The hot extrusion section, by process type is projected to be the fastest-growing during the forecast period. Hot extrusion or extrusion-cooking of raw food materials deal with the extrusion of ground material at baro-thermal conditions. With the assistance of the shear energy exerted by the rotating screw and extra heating of the barrel, the food material is heated to its temperature.
 
Market Analysis, Insights and Forecast – By Extruder
·       Single Screw
·       Twin Screw
·       Contra Twin Screw

Market Analysis, Insights and Forecast – By  Product Type
·       Savory Snacks
·       Breakfast Cereals
·       Bread, Flours & Starches
·       Textured Protein

Market Analysis, Insights and Forecast – By  Process
·       Cold
·       Hot
 
Food Extrusion Market Regional Overview

Region-wise, in terms of regions, The presence of a developed snack food market offers the eu food extrusion market a prominent consumer base with opportunistic growth prospects. the growth of the food industry during this region is calculable to be driven by increasing consumption of processed product sorts within the jap & Southeastern European countries. Increasing consumption of snack product types in this region has additionally compelled makers to supply extruded snack product from alternative components of the planet for AN uninterrupted provide of raw materials, as domestic production isn't decent to satisfy the demand from the food trade of Europe.

 Food Extrusion Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Food Extrusion Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Food Extrusion are highlighted below.
 
·       In 2021, Flexicon Corporation Pty Ltd doubled make sure the of its producing and sales operation. it'll make sure the company’s growth in Asia.

Food Extrusion Market, Key Players

·       Bühler
·       Akron Tool & Die
·       Baker Perkins
·       Coperion
·       GEA
·       KAHL Group
·       Triott Group
·       Flexicon
·       Groupe Legris Industries
·       The Bonnot Company
·       American Extrusion International
·       Shandong Light M&E Co., Ltd

Frequently Asked Questions (FAQ) :

Q1. What is the total CAGR expected to be recorded for the Food Extrusion market during the forecast period?

Q2. Which segment is projected to hold the largest share in the Food Extrusion Market?

Q3. What are the driving factors for the Food Extrusion market?

Q4. Which Segments are covered in the Food Extrusion market report?

Q5. Which are the prominent players offering Food Extrusion?