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Food Extrusion Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5929143

Food Extrusion Trends and Forecast

The future of the global food extrusion market looks promising with opportunities in the savory snack, breakfast cereals, bread, flour & starch, textured protein, and functional ingredients markets. The global food extrusion market is expected to reach an estimated $115.6 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increase in the intake of processed foods, rising demand for textured proteins, and decrease in production costs combined with shifting consumer preferences.

Food Extrusion by Segment

The study includes a forecast for the global food extrusion by process, extruder, product type, and region.

Food Extrusion Market by Process [Shipment Analysis by Value from 2018 to 2030]

  • Cold Extrusion
  • Hot Extrusion

Food Extrusion Market by Extruder [Shipment Analysis by Value from 2018 to 2030]

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

Food Extrusion Market by Product Type [Shipment Analysis by Value from 2018 to 2030]

  • Savory Snack
  • Breakfast Cereals
  • Bread
  • Flours & Starch
  • Textured Protein
  • Functional Ingredients
  • Others

Food Extrusion Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Food Extrusion Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food extrusion companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food extrusion companies profiled in this report include-
  • Bühler
  • Akron Tool & Die
  • Baker Perkins
  • GEA
  • KALH Group
  • Triott Group
  • Flexicon
  • The Bonnot Company

Food Extrusion Market Insights

The publisher forecasts that single screw extruder is expected to witness highest growth over the forecast period.

Europe is expected to witness highest growth over the forecast period due to firmly established food and beverage industry in the area, growing number of consumers, and strict government rules regarding food safety standards in the region.

Features of the Global Food Extrusion Market

  • Market Size Estimates: Food extrusion market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Food extrusion market size by process, extruder, product type, and region in terms of value ($B).
  • Regional Analysis: Food extrusion market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different process, extruder, product type, and regions for the food extrusion market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the food extrusion market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the food extrusion market size?
Answer: The global food extrusion market is expected to reach an estimated $115.6 billion by 2030.

Q.2 What is the growth forecast for food extrusion market?
Answer: The global food extrusion market is expected to grow with a CAGR of 6.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the food extrusion market?
Answer: The major drivers for this market are increase in the intake of processed foods, rising demand for textured proteins, and decrease in production costs combined with shifting consumer preferences.

Q4. What are the major segments for food extrusion market?
Answer: The future of the global food extrusion market looks promising with opportunities in the savory snack, breakfast cereals, bread, flour & starch, textured protein, and functional ingredients markets.

Q5. Who are the key food extrusion market companies?
Answer: Some of the key food extrusion companies are as follows:
  • Bühler
  • Akron Tool & Die
  • Baker Perkins
  • GEA
  • KAHL Group
  • Triott Group
  • Flexicon
  • The Bonnot Company
Q6. Which food extrusion market segment will be the largest in future?
Answer: The publisher forecasts that single screw extruder is expected to witness highest growth over the forecast period.

Q7. In food extrusion market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to firmly established food and beverage industry in the area, growing number of consumers, and strict government rules regarding food safety standards in the region.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the food extrusion market by process (cold extrusion and hot extrusion), extruder (single screw extruder, twin screw extruder, and contra-twin screw extruder), product type (savory snack, breakfast cereals, bread, flours & starch, textured protein, functional ingredients, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Food Extrusion Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Food Extrusion Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Food Extrusion Market by Process
3.3.1: Cold Extrusion
3.3.2: Hot Extrusion
3.4: Global Food Extrusion Market by Extruder
3.4.1: Single Screw Extruder
3.4.2: Twin Screw Extruder
3.4.3: Contra-Twin Screw Extruder
3.5: Global Food Extrusion Market by Product Type
3.5.1: Savory Snack
3.5.2: Breakfast Cereals
3.5.3: Bread
3.5.4: Flours & Starch
3.5.5: Textured Protein
3.5.6: Functional Ingredients
3.5.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Food Extrusion Market by Region
4.2: North American Food Extrusion Market
4.2.1: North American Food Extrusion Market by Extruder: Single Screw Extruder, Twin Screw Extruder, and Contra-Twin Screw Extruder
4.2.1: North American Food Extrusion Market by Product Type: Savory Snack, Breakfast Cereals, Bread, Flours & Starch, Textured Protein, Functional Ingredients, and Others
4.3: European Food Extrusion Market
4.3.1: European Food Extrusion Market by Extruder: Single Screw Extruder, Twin Screw Extruder, and Contra-Twin Screw Extruder
4.3.2: European Food Extrusion Market by Product Type: Savory Snack, Breakfast Cereals, Bread, Flours & Starch, Textured Protein, Functional Ingredients, and Others
4.4: APAC Food Extrusion Market
4.4.1: APAC Food Extrusion Market by Extruder: Single Screw Extruder, Twin Screw Extruder, and Contra-Twin Screw Extruder
4.4.2: APAC Food Extrusion Market by Product Type: Savory Snack, Breakfast Cereals, Bread, Flours & Starch, Textured Protein, Functional Ingredients, and Others
4.5: ROW Food Extrusion Market
4.5.1: ROW Food Extrusion Market by Extruder: Single Screw Extruder, Twin Screw Extruder, and Contra-Twin Screw Extruder
4.5.2: ROW Food Extrusion Market by Product Type: Savory Snack, Breakfast Cereals, Bread, Flours & Starch, Textured Protein, Functional Ingredients, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Food Extrusion Market by Process
6.1.2: Growth Opportunities for the Global Food Extrusion Market by Extruder
6.1.3: Growth Opportunities for the Global Food Extrusion Market by Product Type
6.1.4: Growth Opportunities for the Global Food Extrusion Market by Region
6.2: Emerging Trends in the Global Food Extrusion Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Food Extrusion Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Food Extrusion Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Bühler
7.2: Akron Tool & Die
7.3: Baker Perkins
7.4: GEA
7.5: KAHL Group
7.6: Triott Group
7.7: Flexicon
7.8: The Bonnot Company

Companies Mentioned

  • Bühler
  • Akron Tool & Die
  • Baker Perkins
  • GEA
  • KALH Group
  • Triott Group
  • Flexicon
  • The Bonnot Company

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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