Food Extrusion Industry Report offers detailed analysis of the market over the last five years, and provides extensive market forecasts by region and key players. It covers the key technological and market trends.
Market Definition:
Food extrusion is the method of propelling food material under a variety of conditions through a shaped hole at a predefined rate to achieve a varied range of products. It is an important technique in food processing and manufacturing and results in myriad of extruded products. For instance, all types of RTE cereals, textured vegetable protein (TVP), pasta, aquatic feeds, cereal-based snack foods and pet foods (dry and semi-moist), are extruded food products. Components of an extruder include a tightly fitted screw that rotates within a stationary barrel. Conditioned ingredients and pre-ground materials enter the screw and are conveyed, mixed, and heated by a combination of methods. The product then exits the extruder through a die providing color, flavor, and shape to the food which might alter due to the release of steam and normal forces.
The increasing population of the urban and rural middle class is primarily responsible for the escalated demand of on-the-go consumption snacks. Thus, numerous snacking options manufactured by applying food extrusion technique is available at reasonable prices, positively impacting this industry.
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Market Analysis with Latest Growth Factors:
Novel innovations in the industry such as technologically advanced equipment designs which are more productive and reduce the production cost, augment the food extrusion market size. Additionally, rising processed food industry is also anticipated to cause a surge in the sales of extruded products.
The extrusion technique allows the ability to choose the processing methods and ingredients. This allows many manufacturers to produce healthier products along with a diverse set of ingredients. Furthermore, the technique excludes some of the naturally occurring toxins and minimizes the amount of micro-organisms present in the end use product, ensuring product safety, thereby impacting the market positively.
Change in lifestyles of consumers, particularly in terms of relatively aware consumers following healthy snacking habits, compounded with escalation in adoption of nutritional eatables intake, is estimated to drive the industry. Food extrusion is applied to facilitate digestibility, denature anti nutritional factors and improve protein and are widely used for the production of quality nutritious foods. Metabolic benefits, particularly weight-loss, are associated with healthier extruded food. Moreover, these products offer essential vitamins, minerals and nutrients required by the body. Consequently, weight management and increase in demand for healthy snacking are avenues propelling the global food extrusion market over the forecast period.
Raw materials such as corn, taro, potato, and rice are easily available and have been popular feed materials for extruded snacks owing to their good functional properties and ease of availability. However, erratic global climatic conditions affect the raw material production of fruits and vegetables such as potato, tapioca and corn is anticipated to act as a key restraint in the industry.
Major Key Players:
Key companies operating in the food extrusion market are Flexicon, American Extrusion International, Coperion, Groupe Legris Industries, Baker Perkins, Pavan SpA, Triott Group, The Bonnot Company, Bühler and Akron Tool & Die.
Market Segmentation:
The global food extrusion market is segmented on the basis of food products, extruders, process and region. Based on the food products, the market is divided into savory snacks, breakfast cereals, bread, flours & starches, textured protein, functional ingredients and others. On the basis of extruder, the market is divided into single screw extruders, contra twin screw extruders and twin screw extruders. Furthermore, the market is segregated into cold extrusion and hot extrusion based on process. Geographically, the market is bifurcated into North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
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Region Analysis:
The European region dominates the food extrusion market which can be attributed to the increased demand for ready-to-eat snacks and other extruded food products and production plants of major key players in the European region. Asia Pacific is anticipated to follow the European market and register as the fastest growing market over the forecast period due to improved industrialized growth over the forecast period.
Major Points from Table of content:
Executive Summary
Research Methodology
Market Dynamics
Industry Overview
Global Food Extrusion Market, By Product (2017-2025)
Global Food Extrusion Market, By Regions (2017-2025)
Market Competition Analysis
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