Food Extrusion Market

Global Food Extrusion Market Size (2024 To 2032)

The size of the global food extrusion market is expected to be worth USD 83.03 billion in 2024 and grow at a CAGR of 6.50% from 2024 to 2032 to achieve USD 137.41 billion by 2032.

Current Scenario of the Global Food Extrusion Market

The increased need for textured protein is driving the market for food extrusion. With a growing number of people turning to veganism, the need for textured protein is on the rise. These factors further tend to increase the global food extrusion market revenue during the forecast period. Textured proteins are becoming more popular as vegetarians become more interested. Because of the increase of textured protein, the market for meat substitutes is also expanding, and these products are made with food extruders. Textured proteins are considered reactive and can undergo various changes during the extrusion process; the most significant of which is denaturation.

Furthermore, the worldwide industry is being propelled by lower production costs and changing customer lifestyles. Increased demand for ready-to-eat food eatables has resulted from the population's changing lifestyles and rising disposable incomes. Thus, further responsible for the increase in the global food extrusion market size. The benefits of the food extrusion industry include reducing microbes in food, removing natural toxins, and making food safer to consume. With changing consumer lifestyles, there has been a tremendous expansion in industrialization and globalization, which has resulted in the worldwide food extrusion industry growing.

MARKET DRIVERS

The rise of the processed food industry is driving the food extrusion market.

The population's changing lifestyles, and high disposable incomes have increased demand for ready-to-eat product varieties, saving time and effort. Furthermore, the urban population of developing nations is likely to boost demand for processed product categories, which will drive demand for food extrusion equipment. The need for extruded product types is also fueled by increased per capita income and the growing tendency to snack between meals. Over the last two decades, consumer preferences in rising nations such as China, India, Brazil, and the Middle East have gradually shifted away from traditionally prepared breakfasts and snacking meals and toward ready-to-eat items. Therefore, these are the primary factors that propel the global food extrusion market growth during the forecast period. With an escalating number of people shifting to veganism, the need for textured protein is on the rise. Because of the growing popularity of textured protein among vegetarians, it is on the rise. Because of the expansion of textured protein, the size of the meat substitute industry is also growing, and food extruders make these goods. In addition, textured proteins are more reactive and can involve in various modifications in the overall extrusion process. Therefore, the market for food extrusion is expected to grow as the need for textured protein rises. Food extrusion is a step in the food processing process that involves creating food in a specific way and then bringing it to set sizes, usually using blades. The food extrusion mechanism is used extensively in breakfast cereals, and infants feed various portions of pasta and confectionary items. When foods are handled at high temperatures, food extrusion reduces the number of microorganisms and removes natural toxins, making them safer to eat. As a result, the global food extrusion market seems to have significant growth in the upcoming years.

MARKET RESTRAINTS

The global food extrusion market comprises some restraints; one of those include climate change. Climate change has reduced the output of essential commodities such as potatoes, corn, and tapioca worldwide. Snack pellet producers are experiencing a raw material supply shortfall and are unable to meet increased demand. Other essential resources, such as wheat and vegetable oil, have prices that fluctuate by more than 40%, and natural gas prices fluctuate by more than 25% due to volatility. Furthermore, the high cost of snack pellet materials such as binding agents and tasty tastes is a deterrent. Manufacturers' profit margins are shrinking due to a rise in raw materials used in snack pellets. These factors are responsible for limiting the global food extrusion market share in the next six years.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Food Extrusion Market Analysis By Process

Based on the process, the hot food extrusion is anticipated to have the highest CAGR during the forecast period and further propels the global food extrusion market demand. The extrusion of pulverized material under baro-thermal conditions is known as hot extrusion or extrusion-cooking of raw food products. The food item is heated to its melting point with the help of shear energy exerted by the moving screw and extra heating of the barrel. The product expands to its final shape when the changing rheological condition of the meal is transferred under high pressure through a die or a succession of dies. As a result, the extrudates have considerably different physical and chemical properties than the primary materials used.

Global Food Extrusion Market Analysis By Extruder

Based on the extruder, a Single screw dominates the global food extrusion market compared to others. A feeding screw, live bin, extruder barrel, preconditioning cylinder, die, and knife makes up a single screw extruder. It transports and shapes various ingredients into a uniform product type by fixing the element with a shaped die to form a unique shape using a single screw in the extruder's barrel. Single screw extruders are usually divided into three zones: feeding, kneading, and cooling. Single screw extruders, in contrast to twin-screw extruders, have limited mixing ability, necessitating pre-mixing or preconditioning of the materials.

Global Food Extrusion Market Analysis By Product type

Based on product type, the savory snacks sector accounted for the most significant proportion of the food extrusion market, and it is estimated to increase at a CAGR of 2.8 percent from 2022 - 2027. The easy availability of raw materials and good functional features are driving this segment's growth. From the production technology advancements, the global food extrusion market is anticipated to have the significant growth which further offers several shapes and sizes for the raw materials. Extrusion technology has given the food extrusion market a considerable boost. During 2020-2025, savory snacks are expected to be the fastest-growing sector, with the highest CAGR.

REGIONAL ANALYSIS

Europe dominated the food extrusion market because of the growing customer base, advancements in food technology, and strict food safety standards; Europe dominates the food extrusion business. Food extruder machines are used to make savory snacks, and as a result, the expansion of the food extrusion industry in Europe is aided by an increase in delicious snack sales. The rise of the food extrusion business in Europe is being fueled by grain production and rising bread consumption.

Asia Pacific regions are estimated to hold the highest CAGR in the global food extrusion market. This is due to the increasing preference for fast food, growing globalization, changing consumer preferences, and escalating per capita income. 

KEY PLAYERS IN THE GLOBAL FOOD EXTRUSION MARKET

The companies covered in the report include Bühler, Akron Tool & Die, Baker Perkins, Coperion, GEA, KAHL Group, Triott Group, Flexicon, Groupe Legris Industries, The Bonnot Company, American Extrusion International, Shandong Light M&E Co., Ltd and Others.

RECENT HAPPENINGS IN THE MARKET

• On August 30, 2021, Buhler and the German institute of food technologies announced the technology center proteins for Future in Germany.

DETAILED SEGMENTATION OF THE GLOBAL FOOD EXTRUSION MARKET INCLUDED IN THIS REPORT

This research report on the global food extrusion market has been segmented and sub-segmented based on process, extruder, product type, and region.

By Process

• Cold
• Hot

By Extruder

• Single screw
• Twin Screw
• Contra Twin Screw

By Product Type

• Savory snacks
• Bread
• Breakfast cereals
• Flours & Starches
• Textured protein

By Region

• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East and Africa