Food Extrusion Market Grows Rapidly with Rising Demand for Processed and Plant-Based Foods

Posted by Rahul Rangwa 11 hours ago

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"What’s Fueling Executive Summary Food Extrusion Market Size and Share Growth

CAGR Value

Data Bridge Market Research analyses that the food extrusion market is expected to reach USD 119.37 billion by 2030, which was USD 77.19 billion in 2022, registering a CAGR of 5.60% during the forecast period of 2023 to 2030.

To stand apart from the competition, a careful idea about the competitive landscape, their product range, their strategies, and future prospects is very important. Food Extrusion Market research report contains a comprehensive study of the product specifications, revenue, cost, price, gross capacity and production. Market report is a verified and consistent source of information that puts forth a telescopic view of the existing market trends, emerging products, situations, and opportunities. It provides noteworthy data, current market trends, future events, market environment, technological innovation, approaching technologies and the technical progress in the relevant industry.

Staying informed about the trends and opportunities in the industry is quite a time consuming process where Food Extrusion Market report actually helps a lot. The major areas of market analysis such as market definition, market segmentation, competitive analysis and research methodology are studied very carefully and precisely in the whole report. Various steps are used while generating this report by taking the inputs from a specialized team of researchers, analysts and forecasters. An excellent Food Extrusion Market research report can be generated only with the leading attributes such as highest level of spirit, practical solutions, committed research and analysis, innovation, talent solutions, integrated approaches, most up-to-date technology and dedication.

 

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Food Extrusion Market Outlook & Forecast

**Segments**

- **Type:** On the basis of type, the global food extrusion market can be segmented into single screw, twin screw, and others. The single screw segment is expected to dominate the market share due to its widespread use in various food processing applications.

- **Food Product:** The food extrusion market can be segmented based on food product into snacks, breakfast cereals, bread, flours & starches, textured protein, and others. The snacks segment is anticipated to witness significant growth, driven by the rising demand for convenient and on-the-go food products.

- **End-Use Industry:** Based on end-use industry, the market can be segmented into food & beverages, animal feed, and others. The food & beverages segment is projected to hold a substantial market share, fueled by the increasing consumption of processed food products across the globe.

**Market Players**

- **Coperion GmbH**
- **Bühler AG**
- **Davis-Standard, LLC**
- **Groupe Legris Industries**
- **The Bonnot Company**
- **Flexicon Corporation**
- **Pavan SpA**
- **Kahl Group**
- **Clextral SAS**
- **American Extrusion International**

The global food extrusion market is witnessing significant growth, driven by the rising demand for processed food products, technological advancements in extrusion equipment, and the increasing adoption of extruded snacks. The single screw segment is expected to dominate the market, attributed to its versatility and efficiency in food processing applications. Moreover, the snacks segment is projected to experience substantial growth, as consumers seek convenient and nutritious snacking options. The food & beverages industry is expected to be a key end-use segment, driving the demand for food extrusion technologies to cater to the evolving consumer preferences for processed food products. Leading market players such as Coperion GmbH, Bühler AG, and Davis-Standard, LLC are focusing on product innovations and strategic partnerships to strengthen their market presence and expand their product portfolio. Overall, the global food extrusion market is poised for steady growth in the coming years, fueled by evolving consumer preferences and technological advancements in the food processing industry.

The global food extrusion market is on a growth trajectory, propelled by several key factors reshaping the industry dynamics. One emerging trend in the market is the increasing focus on sustainability and eco-friendly practices. As environmental concerns become more prominent, consumers and companies alike are seeking ways to reduce waste and energy consumption in food production processes. This shift towards sustainability is driving innovation in extrusion technologies, leading to the development of more efficient and environmentally friendly equipment.

Another significant trend shaping the food extrusion market is the growing demand for plant-based and alternative protein products. With the rise of vegetarian, vegan, and flexitarian diets, there is a rising need for extrusion technology to produce plant-based meat substitutes, textured vegetable proteins, and other non-animal protein sources. This shift in consumer preferences towards healthier and more sustainable food options is driving the adoption of advanced extrusion methods to create innovative products that meet market demands.

Furthermore, the increasing emphasis on clean label and natural ingredients is influencing the food extrusion market landscape. Consumers are increasingly seeking transparency in food products, leading to a preference for clean label items that are free from artificial additives and preservatives. This trend is driving food manufacturers to utilize extrusion technology to develop products with natural ingredients and minimal processing, meeting the evolving demands of health-conscious consumers.

Moreover, the rise of e-commerce and direct-to-consumer channels is also impacting the food extrusion market. With the growing popularity of online shopping and the need for convenient delivery options, food companies are exploring innovative ways to package and distribute extruded products for direct consumer reach. This shift towards digital platforms is revolutionizing the food industry and creating new opportunities for market players to explore different distribution channels and reach a wider audience.

In conclusion, the global food extrusion market is undergoing significant transformations driven by changing consumer preferences, technological advancements, and sustainability initiatives. As companies continue to innovate and adapt to these evolving trends, the market is poised for continued growth and evolution in the coming years. To stay competitive in this dynamic landscape, market players need to stay attuned to market trends, invest in R&D for product innovation, and forge strategic partnerships to capitalize on emerging opportunities in the food extrusion sector.The global food extrusion market is experiencing a significant shift towards sustainability, driven by increasing environmental concerns and a focus on eco-friendly practices. Market players are under pressure to adopt more sustainable approaches in food processing to reduce waste and energy consumption. This trend is fostering innovation in extrusion technologies, leading to the development of more efficient and environmentally friendly equipment. Companies that prioritize sustainability in their operations will likely gain a competitive edge and meet the evolving expectations of both consumers and regulatory bodies.

Another key trend influencing the food extrusion market is the rising demand for plant-based and alternative protein products. The shift towards vegetarian, vegan, and flexitarian diets is reshaping the food industry, creating a growing need for extrusion technology to produce plant-based meat substitutes, textured vegetable proteins, and other non-animal protein sources. Manufacturers are investing in advanced extrusion methods to develop innovative products that cater to the increasing consumer preference for healthier and more sustainable food options. This trend is expected to continue driving growth and innovation in the food extrusion sector.

Furthermore, the emphasis on clean label and natural ingredients is also playing a significant role in shaping the food extrusion market landscape. Consumers are increasingly seeking transparency in food products and are inclined towards clean label items that are free from artificial additives and preservatives. This shift in consumer preferences is compelling food manufacturers to leverage extrusion technology to create products with natural ingredients and minimal processing. Companies that can adapt to these changing consumer demands and offer clean label options are likely to attract a broader customer base and enhance their market position.

Moreover, the rise of e-commerce and direct-to-consumer channels is creating new opportunities and challenges for the food extrusion market. Online shopping and the demand for convenient delivery options are prompting food companies to explore innovative packaging and distribution strategies for extruded products to reach consumers directly. This shift towards digital platforms is revolutionizing the food industry and providing market players with new avenues to expand their reach and connect with a broader audience. Companies that can adapt their distribution strategies to accommodate e-commerce trends are poised to capitalize on the growing opportunities in the market.

In conclusion, the global food extrusion market is undergoing significant transformations driven by sustainability initiatives, the demand for plant-based products, clean label preferences, and the rise of e-commerce. Market players need to stay abreast of these trends, invest in sustainable practices, product innovation, and distribution channels to remain competitive in the evolving landscape. By embracing these market shifts and catering to changing consumer preferences, companies can position themselves for growth and success in the dynamic food extrusion sector.

Inspect the market share figures by company
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Food Extrusion Market Research Questions: Country, Growth, and Competitor Insights

  • What is the current market revenue of the Food Extrusion industry?
  • How fast is the Food Extrusion Market anticipated to grow annually?
  • What major segments are included in the market analysis?
  • Who are considered the industry leaders in the Food Extrusion Market?
  • Which companies have launched key products recently?
  • What national data points are reviewed in the market report?
  • What region shows the strongest growth momentum?
  • Which country is expected to top market share in the near future?
  • What region leads in terms of revenue generation?
  • Which country might register the highest compound growth?

 

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