Global Food Extrusion Market Insights Forecasts to 2033

• The Global Food Extrusion Market Size was Valued at USD 40.63 Billion in 2023
• The Market Size is Growing at a CAGR of 5.69% from 2023 to 2033
• The Worldwide Food Extrusion Market Size is Expected to Reach USD 70.67 Billion by 2033
• Asia-Pacific is expected to grow the fastest during the forecast period.

The Global Food Extrusion Market Size is anticipated to exceed USD 70.67 billion by 2033, growing at a CAGR of 5.69% from 2023 to 2033.

Market Overview:

Food produced by the food processing method known as food extrusion, which entails pushing a blend of ingredients through a die to produce the desired form, is referred to as extruded food. They make enlarged snacks, cereals, puddings, soups, drink bases, gelatinized starch, texturized vegetable proteins, and dry and semi-moist pet feeds. The growing awareness of healthy eating habits, consumers' evolving lifestyles, rapid urbanization, and the growing popularity of nutritious foods are the factors driving interest in food extrusion. They provide the body with essential nutrients, metabolic benefits, and supplements that are beneficial to the body. The market for food extrusion is significantly impacted by rising personal disposable income, especially in emerging economies. Consumers are more likely to spend money on packaged and processed meals as the economy improves. The market for food extrusion is growing as a result of consumers' increased expenditure on prepared foods and convenience foods.

Report Coverage:

This research report categorizes the market for the global food extrusion market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global food extrusion market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global food extrusion market.

Driving Factors:

The market for food extrusion is undergoing substantial change due to the growing need for textured protein, which is a key growth driver. The demand for ready-to-eat food products is being driven by consumers' evolving lifestyles, which are characterized by busier schedules and more disposable cash. Extruded snacks and meals are convenient, meeting the needs of modern customers who value quick and wholesome options in their hectic lives.

Restraining Factors:

The food extrusion industry is under growing pressure to solve sustainability issues and lessen its environmental impact, which could restrict market expansion. Furthermore, the largest limitation is the management of trash produced by extrusion procedures.

Market Segmentation:

The global food extrusion market share is classified into product type and extruder.

• The breakfast cereals segment is expected to hold the largest segment of the market during the forecast period.

Based on the product type, the global food extrusion market is categorized into savory snacks, breakfast cereals, breads, and flours & starches. Among these, the breakfast cereals segment is expected to hold the largest segment of the market during the forecast period. Breakfast cereals are well-known for their benefits and dietary benefits. They come in two varieties: cold and hot grains that are ready to consume. Market demands can lead to product improvements that combine common breakfast ingredients like cocoa, honey, and malt. Granola/muesli mixtures, which mostly consist of dairy products with a small number of raisins and nuts, are another modification.

• The single screw extruder segment is projected to hold the highest share of the market over the forecast period.

Based on the extruder, the global food extrusion market is categorized into single screw extruder, twin screw extruder, and contra-twin screw extruder. Among these, the single screw extruder segment is projected to hold the highest share of the market over the forecast period. The growth of raw components is homogeneous in a single screw extruder. A single screw extruder consists of a blade, pass-on, preconditioning chamber, extruder barrel, live receptacle, and care screw. By restricting the fixing mix through a created bite, the dust, creates a consistent shape by shipping and shaping different fixes into a single screw in the extruder's barrel. The maintenance, manipulation, and cooling zones are the three typical zones found in single screw extruders.

Regional Segment Analysis of the Global Food Extrusion Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

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

The European food extrusion market has a clear buyer base and opportunities for entrepreneurial growth due to the existence of a demanding food market. The growing use of handled item categories in Eastern and Southeastern European countries is thought to be the main driver of the food industry's growth in this region. Because domestic production is insufficient to meet demand from the European food industry, manufacturers are also being forced to source exported nibble products from other parts of the world for a constant supply of raw materials due to the expanding use of nibble item types in this area.

Asia-Pacific region is also expected to fastest CAGR growth during the forecast period. Asia-Pacific is the fastest growing business sector due to emerging economies such as China, India, and Indonesia, growing demand from teenagers and new college graduates, and a growing preference for processed foods and ready-to-eat food items.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global food extrusion market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies:

• 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
• 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