PUBLISHER: Lucintel | PRODUCT CODE: 1416304
PUBLISHER: Lucintel | PRODUCT CODE: 1416304
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 $115.6 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increase in the intake of processed foods, rising demand for textured proteins, and decrease in production costs combined with shifting consumer preferences.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global food extrusion by process, extruder, product type, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies food extrusion companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the food extrusion companies profiled in this report include-
Lucintel forecasts that single screw extruder is expected to witness highest growth over the forecast period.
Europe is expected to witness highest growth over the forecast period due to firmly established food and beverage industry in the area, growing number of consumers, and strict government rules regarding food safety standards in the region.
Market Size Estimates: Food extrusion market size estimation in terms of value ($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.
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:
Q6. Which food extrusion market segment will be the largest in future?
Answer: Lucintel 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, Lucintel provides 10% customization without any additional cost.