According to this latest study, the growth in The
Food Extrusion Market size is projected to reach USD 89.2 Billion by 2027 from
an estimated USD 67.7 Billion in 2020, growing at a CAGR of 4% globally.
Extrusion
is referred to as a system of propelling mixed ingredients out through a small
opening, called a die, to form and shape the materials. The formed products are
then called extrudates. The first extruders for food processing were piston and
ram-type extruders for processing meats and sausages (Harper 1981). Food
extrusion is a part of the food processing process which aids in developing
food a specific way, and later bringing it to defined sizes majorly with the
help of blades. Breakfast cereals, confectionery products, baby foods, and
different kinds of pasta make important applications of the food extrusion
mechanism. Additionally, food extrusion helps in overthrowing the number of
microorganisms in foods when treated at high temperatures and removes natural
toxins, thereby preparing the foods safer for utilization. Food extrusion
provides beneficial significances such as high productivity, versatility,
energy efficiency, cheaper cost, and low space requirements. These features
help to produce an extensive variety of food with greater production
capability. Amidst the COVID-19 pandemic, the global market for Food Extrusion
projected at US$67.7 Billion in the year 2020, is estimated to gain a revised
size of US$89.2 Billion by 2027, during the period 2020-2027
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The
IMR current study on the Food Extrusion market contains a competitive quadrant,
which is a significant tool for new entrants to evaluate and analyse the
market’s position in recent years as well as the market’s predicted growth
throughout the forecast period. The study also assists in understanding the
organisations based on their market performance scores and position. This
report examines the market using several variables, such as drivers,
restraints, opportunities, and growth. Other aspects evaluated for the analysis
include market participants’ financial performance over the last few years,
innovation score, new product launches, growth strategies, market share growth,
investments, and so on.
Leading Key Players Covered in Food Extrusion market:
Brabender GmbH & Co. KG (Germany),
Mondelez International and Universal Robina. (US), Bühler (Switzerland), Akron
Tool & Die (US), Jinan Darin Machinery Co.
, Groupe Legris Industries (Belgium), Lindquist Machine Corporation
(USA), Baker Perkins (UK), Coperion (Germany), GEA (Germany), KAHL Group
(Germany), Triott Group (Netherlands), Flexicon (US), Kahl Group (Germany), The
Bonnot Company (US), Pavan SPA(Italy), American Extrusion International (US),
Shandong Light M&E Co.Ltd (China), Snactek (India), Doering systems inc.
(US), PacMoore (US), Egan Food Technologies (US), Schaaf Technologie GmbH
(Germany), Wenger Manufacturing Inc. (US), and others.
These
companies are devising key strategies such as acquisitions, merges,
collaborations, partnerships, new product launches, regional expansions, and
targeting untapped markets to gain competitive advantage over other players
working in the market.
Introspective Market Research offers a comprehensive overview of the market
through the analysis of key parameters such as revenue, price, competition, and
promotions, as well as the study, synthesis, and summarization of data from
different sources. It analyzes the leading industry drivers and shows numerous
market components. The information offered is thorough, dependable, and the
result of a comprehensive primary and secondary study. Introspective Market
Research reports offer a comprehensive global market as well as an in-depth
strategic sourcing methodology and analysis based on qualitative and quantitative
research to anticipate market growth.
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Extrusion Market Report, Visit:
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Segmentation of Food Extrusion market:
By
Type :
·
Savory Snacks
·
Breakfast Cereals
·
Bread
·
Flours &
Starches
·
Textured Protein
·
Functional
Ingredients
By Extruder:
·
Single Screw
Extruders
·
Twin Screw
Extruders
·
Contra Twin Screw
Extruders
Geographic Segment Covered in the
Report
North
America (U.S., Canada, Mexico)
Europe
(Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific
(China, India, Japan, Southeast Asia, Rest of APAC)
Middle
East & Africa (GCC Countries, South Africa, Rest of MEA)
South
America (Brazil, Argentina, Rest of South America)
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Reasons to Purchase this Market
Report:
Market
forecast analysis through recent trends and SWOT analysis
Food
Extrusion Market Dynamics Scenarios with Market Growth Opportunities over the
Next Year
Market
segmentation analysis, including qualitative and quantitative studies that
include economic and non-economic impacts
Food
Extrusion Market Regional and country-level analysis that integrates demand and
supply forces that impact the growth of the market.
Competitive
environment related to the Food Extrusion market shares for key players, along
with new projects and strategies that players have adopted over the past five
years
Key Benefits for Industry Participants &
Stakeholders:
Industry drivers, restraints, and
opportunities covered in the study
Neutral perspective on the market
performance
Recent industry trends and developments
Competitive landscape & strategies
of key players
Potential & niche segments and
regions exhibiting promising growth covered
Historical, current, and projected
market size, in terms of value
In-depth analysis of the Food
Extrusion Market
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