Global Food Extrusion Market Size and Market Trends Analysis: By Regional Outlook, Competitive Strategies forecasted for period from 2024 to 2031
The "Food Extrusion Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Food Extrusion market is anticipated to grow at an annual rate of 14.7% from 2024 to 2031.
This entire report is of 192 pages.
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Food Extrusion Market Analysis
The Food Extrusion market is experiencing significant growth due to the increasing demand for processed and convenience foods. Food Extrusion is a process that uses heat, pressure, and mechanical shearing to create various food products such as pasta, breakfast cereals, snacks, and pet food. The major factors driving revenue growth in the Food Extrusion market include the rise in disposable income, changing consumer preferences, and advancements in technology. Key players in the market include Bühler, Akron Tool & Die, Baker Perkins, Coperion, Pavan SPA, and others. The main findings of the market research report highlight the growing market opportunities and the need for innovation and product development to stay competitive in the Food Extrusion industry. Recommendations include expanding product portfolios and exploring new markets to drive business growth.
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The Food Extrusion market is experiencing significant growth due to the increasing demand for convenience foods. The market is segmented based on the type of extrusion process - Cold extrusion and Hot extrusion. Cold extrusion is used for products that are heat-sensitive, while Hot extrusion is used for products that require high temperatures. The applications of Food Extrusion include Savory snacks, Breakfast cereals, Bread, Flours & starches, Textured protein, Functional ingredients, and others.
Regulatory and legal factors specific to the Food Extrusion market play a crucial role in shaping market conditions. Strict regulations and guidelines are imposed on food extrusion processes to ensure food safety and quality. This includes regulations on ingredients used, processing techniques, labeling requirements, and packaging standards. Compliance with these regulations is essential for companies operating in the Food Extrusion market to maintain consumer trust and credibility in the market. As the demand for convenience food products continues to rise, the Food Extrusion market is expected to witness further growth in the coming years, with a continued focus on regulatory and legal factors to ensure safe and high-quality food products for consumers.
Top Featured Companies Dominating the Global Food Extrusion Market
The food extrusion market is highly competitive, with several key players dominating the industry. Some of the major companies operating in the food extrusion market include Bühler, Akron Tool & Die, Baker Perkins, Coperion, Lindquist Machine, Pavan SPA, Kahl Group, Triott Group, Flexicon, Groupe Legris Industries, The Bonnot Company, and American Extrusion International.
These companies offer a wide range of food extrusion equipment and services, catering to various segments of the food industry such as snacks, pasta, pet food, and breakfast cereals. They utilize advanced technology and innovative solutions to meet the increasing demand for efficient food production processes.
For example, Bühler is a leading supplier of food processing and extrusion equipment, specializing in producing high-quality food products with a focus on sustainability. Akron Tool & Die provides custom extrusion solutions for a variety of food applications. Baker Perkins offers a range of food extrusion equipment for the snack industry, while Coperion focuses on providing extrusion systems for processing raw materials into finished products.
These companies play a crucial role in driving the growth of the food extrusion market by continuously investing in research and development to introduce new and improved technologies. They also collaborate with food manufacturers to customize equipment and processes according to their specific needs, thereby contributing to the overall expansion of the food extrusion market.
Although specific sales revenue figures for the mentioned companies are not available, it is estimated that these companies collectively generate millions of dollars in revenue annually, highlighting the significant impact they have on the food extrusion market.
- Bühler
- Akron Tool & Die
- Baker Perkins
- Coperion
- Lindquist Machine
- Pavan SPA
- Kahl Group
- Triott Group
- Flexicon
- Groupe Legris Industries
- The Bonnot Company
- American Extrusion International
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Food Extrusion Segment Analysis
Food Extrusion Market, by Application:
- Savory snacks
- Breakfast cereals
- Bread
- Flours & starches
- Textured protein
- Functional ingredients
- Others
Food extrusion is widely used in various food applications such as savory snacks, breakfast cereals, bread, flours & starches, textured protein, functional ingredients, and others. In each application, food extrusion is utilized to shape, form, and cook ingredients into a desired product, resulting in improved texture, flavor, and shelf-life. The fastest growing application segment in terms of revenue is likely savory snacks, as consumer demand for convenient and portable snack options continues to rise. This highlights the versatility and significance of food extrusion technology in the food industry.
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Food Extrusion Market, by Type:
- Cold extrusion
- Hot extrusion
Cold extrusion is a process that involves the use of lower temperatures, making it suitable for sensitive materials like food products that cannot withstand high heat. Hot extrusion, on the other hand, uses high temperatures to process ingredients and create various food products. Both types of extrusion play a crucial role in boosting the demand of the Food Extrusion market by offering versatility in creating different shapes, textures, and flavors of foods. Additionally, they help in improving product quality, increasing production efficiency, and reducing manufacturing costs, ultimately driving the growth of the market.
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Regional Analysis:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The food extrusion market is expected to witness significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America, particularly the United States and Canada, is expected to dominate the market due to the high demand for processed food products. Europe, including countries like Germany, France, and the UK, is also anticipated to hold a significant market share. In the Asia-Pacific region, China, Japan, India, and Australia are projected to witness growth in the food extrusion market. Latin America, including Mexico, Brazil, and Argentina, and Middle East & Africa, including Turkey, Saudi Arabia, and UAE, are also expected to contribute to the market growth. The market share percent valuation is estimated to be highest in North America, followed by Europe and Asia-Pacific. Specifically, North America is expected to hold a market share of around 35%, Europe around 30%, Asia-Pacific around 25%, Latin America around 5%, and Middle East & Africa around 5%.
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