Global Food Extrusion Market Size To Worth USD 70.67 Billion By 2033 | CAGR of 5.69%

Global Food Extrusion Market Size To Worth USD 70.67 Billion By 2033

According to a research report published by Spherical Insights & Consulting, Global Food Extrusion Market is to Grow from USD 40.63 Billion in 2023 to USD 70.67 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.69% during the projected period.     

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the "Global Food Extrusion Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Savory Snacks, Breakfast Cereals, Breads, and Flours & Starches), By Extruder (Single Screw Extruder, Twin Screw Extruder, and Contra-Twin Screw Extruder), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/food-extrusion-market 

Extruded food is made using the food processing technique known as food extrusion, which involves forcing a mixture of ingredients through a die to create the required shape. They provide dry and semi-moist pet meals, gelatinized starch, cereals, puddings, soups, drink bases, and larger snacks. Interest in food extrusion is being driven by the increasing appeal of nutritious foods, customers' changing lifestyles, fast urbanization, and greater awareness of healthy eating habits. They supply the body with vital nutrients, aid in metabolism, and offer healthful supplements. Growing personal discretionary income, particularly in emerging economies, has a major impact on the food extrusion business. However, the food extrusion business is under increasing pressure to address sustainability concerns and reduce its environmental effect, which could hinder market growth.

The breakfast cereals are projected to dominate the market throughout the forecast period.

Based on the product type, the global food extrusion market is divided into savory snacks, breakfast cereals, breads, and flours & starches. Among these, the breakfast cereals are projected to dominate the market throughout the forecast period. Breakfast cereals are well renowned for their health and nutritional benefits. They come in two varieties: cold and hot grains that are ready to eat. Market demand can drive product developments that incorporate common breakfast ingredients such as chocolate, honey, and malt. Another variation is granola/muesli combinations, which are largely made out of dairy products with a few raisins and nuts added.

The single screw extruder segment is expected to have the maximum market share during the projection period.

Based on the extruder, the global food extrusion market is divided into single screw extruder, twin screw extruder, and contra-twin screw extruder. Among these, the single screw extruder segment is expected to have the maximum market share during the projection period. A single screw extruder allows for homogenous development of raw components. A single screw extruder includes a blade, pass-on, preconditioning chamber, extruder barrel, live receptacle, and care screw. By limiting the fixing mix through a generated bite, the dust, it achieves a consistent form by shipping and shaping various fixes into a single screw in the extruder's barrel. Single screw extruders typically have three zones: maintenance, manipulation, and cooling.

Europe is projected to hold the biggest share of the global food extrusion over the forecast period.

The European food extrusion market offers a distinct buyer base and potential for entrepreneurial growth as a result of a demanding food market. The increasing use of handled item categories in Eastern and South-eastern European countries is regarded to be the primary engine of the food industry's expansion in this region. Although domestic production is insufficient to fulfill demand from the European food industry, manufacturers are also being pushed to purchase exported nibble items from other regions of the world to provide a consistent supply of raw materials due to the growing use of nibble item types in this sector.

Asia-Pacific is predicted to grow fastest pace throughout the forecast period. Asia-Pacific is the fastest growing commercial sector, to emerging economies such as China, India, and Indonesia, rising demand from teens and recent college graduates, and a growing preference for processed and ready-to-eat meals.

Major vendors in the global food extrusion market include, KAHL Group, Triott Group, Flexicon, Groupe Legris Industries, The Bonnot Company, American Extrusion International, Shandong Light M&E Co., Ltd, Snactek, Doering systems, inc, Bühler, Akron Tool & Die, Baker Perkins, Coperion, GEA, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global food extrusion market based on the below-mentioned segments: 

Global Food Extrusion Market, By Product Type

• Savory Snacks
• Breakfast Cereals
• Breads
• Flours & Starches

Global Food Extrusion Market, By Extruder

• Single Screw Extruder
• Twin Screw Extruder
• Contra-Twin Screw Extruder

Global Food Extrusion Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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