Reports And Data

Food Extrusion Market Rising demand for twin extruders, favourable growth scenario in the functional foods market

NEW YORK CITY, NEW YORK, UNITED STATES, May 23, 2023 /EINPresswire.com/ -- According to the current analysis of Reports and Data, the global Food Extrusion market was valued at USD 58.75 Billion in 2018 and is expected to reach USD 87.86 Billion by year 2026, at a CAGR of 5.1%. Food extrusion is an important part of food processing technology, as it aids in manufacturing various food products of specific shapes and sizes. Major reasons driving market growth are the changing consumer lifestyles and the growing demand for healthy processed foods and snacks. Food extrusion also has many attached benefits in the form of bringing down the number of microorganisms in foods and removing natural toxins, thereby making the foods safer for consumption. Research has shown that cooking fibers by the process of extrusion can produce changes in the structural characteristics of the fiber and physiochemical properties, while the main effect being a redistribution of the insoluble fiber to soluble fiber. Proteins are more reactive and can undergo many changes during the extrusion process of which the most important being denaturation. Enzymes, which are also a type of proteins, lose their activity after being submitted to the extrusion process due to the high temperatures and pressure.

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Further key findings from the report suggest-

By product type, the savory snacks segment holds the largest share in the food extrusion market. Changing customer lifestyles and a western trend in diets in the developing economies is increasing use of food extrusion in these segments.
As of 2018, savory snacks held a share of 35.6% in the market and were the dominant category, by product.
By product type, the functional ingredients segment held a market share of 11.4% in 2018 and is expected to grow at a CAGR of 5.2% during the forecast period.
Breakfast cereals are a growing application segment of food extrusion. Manufacturers have experimented with cereal designs for several years in order to make them more appealing for the customers, while standing out in the market. The application segment is growing fast because of high demand in the developing economies.
By extruder type, the twin extruder segment holds the dominant market share. Their popularity arises out of the fact that they consumer significantly lower energy in comparison to single screw extruders.
Single screw extruders hold the second largest share in the global food extrusion market. Most extruders till date are designed as being single-screwed, where this screw helps in imparting the required shape to the products.
Top companies are exploiting market opportunities for functional foods by providing equipment that aid fast extrusion and efficient mixing outputs. The focus is at enlarging the processing sizes, while simultaneously delivering uniformity in sizes.
Key players profiled in the report include American Extrusion International, Bühler, The Bonnot Company, Baker Perkins, Akron Tool & Die, Coperion, Flexicon, Groupe Legris Industries, Triott Group, Lindquist Machine.

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Product Type (Revenue, USD Million; 2016–2026)

Savoury Snacks 
Breakfast Cereals 
Bread 
Flours & Starches 
Textured Protein 
Functional Ingredients 
Others

Extruder (Revenue, USD Million; 2016–2026)

Single Screw Extruders 
Twin Screw Extruders 
Contra Twin Screw Extruders

Process (Revenue, USD Million; 2016–2026)

Cold Extrusion
Hot Extrusion

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Regional Outlook

For comprehensive understanding of market dynamics, the global Food Extrusion Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of the Food Extrusion Market

– Changes in industry market dynamics

– Detailed market segmentation by type, application, etc.

– Historical, current and projected market size in terms of quantity and value

– Recent industry trends and developments

– Competition situation of Food Extrusion Market

– Key companies and product strategies

– Potential niche segment/region showing promising growth.

Finally, the Food Extrusion Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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