Food Extrusion Market to Grow with a CAGR of 8.6% through 2028

The global food extrusion market is a dynamic sector driven by technological innovation and consumer demand for diverse, convenient, and nutritious food products, with applications ranging from savory snacks to breakfast cereals.

 

According to the TechSci Research report, “Food Extrusion Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”, the Global Food Extrusion market stood at USD79.3 billion in 2022 and is anticipated to grow with a CAGR of 8.6% in the forecast period, 2024-2028. The global food extrusion market has experienced significant growth and evolution due to technological advancements, changing consumer preferences, and the demand for innovative food processing methods. Food extrusion, a process involving the transformation of raw materials into various food products through a mechanical and thermal process, has gained traction across multiple food industries.

Food extrusion is widely utilized in the production of a diverse range of food items, including snacks, breakfast cereals, pasta, pet foods, confectionery, textured vegetable proteins, and more. The process involves forcing a mix of ingredients through a confined space under controlled conditions of heat, pressure, and shear.

Food Extrusion is designed to be versatile and easy to incorporate into various culinary applications. Their ability to provide consistent taste, texture, and performance makes them a convenient choice for food manufacturers seeking to create a wide range of products. Food Extrusion offers a cost-effective solution for achieving dairy-like characteristics in food products without relying solely on expensive dairy ingredients. This is particularly significant in price-sensitive markets and for products that require large quantities of dairy components.

Food Extrusion can be formulated to contain specific nutrients, such as vitamins and minerals, enhancing the nutritional profile of food products. This feature aligns with the growing consumer demand for functional foods that offer health benefits beyond basic nutrition. The combination of dairy fats and non-dairy components in Food Extrusion can contribute to longer shelf lives for certain products. This is especially relevant in bakery and confectionery applications, where freshness and stability are crucial.

 

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Food Extrusion can improve the overall taste and flavor of food products. The incorporation of dairy fats can impart a rich and creamy mouthfeel, enhancing the sensory experience of consumers. The global nature of the Food Extrusion market allows for customization to suit regional and cultural preferences. Food Extrusion can be adapted to specific culinary traditions, providing a familiar taste to consumers while accommodating local flavors.

Achieving consistent taste and texture across different batches and production processes can be challenging. Maintaining product quality is crucial to retaining consumer loyalty. Formulating Food Extrusion that remains stable under various processing conditions and in different applications can be technically complex. Manufacturers need to invest in research and development to ensure product stability and performance.

To address consumer demands for transparency and simplicity, dairy blend manufacturers are focusing on clean-label formulations. This involves using natural ingredients and minimizing the use of additives and preservatives. Food Extrusion is being used to create unique and innovative flavors in food products, particularly in the confectionery and bakery sectors. By blending dairy fats with different flavorings, manufacturers can offer a wide variety of taste experiences.

The global food extrusion market is segmented based on food product, extruder, process, and region.

Based on the food product, the market is segmented into savory snacks, breakfast cereals, bread, flour and starches, textured protein, functional ingredients, and others. Among these, the savory snacks segment has a significant share in the global food extrusion market during the forecast period. This prominence of savory snacks in the food extrusion market can be attributed to several key factors that highlight their popularity, adaptability, and consumer appeal.

Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Among these, the Asia Pacific segment has a significant share of the global food extrusion market during the forecast period. The Asia Pacific region is home to a diverse and growing population with evolving dietary preferences. As urbanization and disposable incomes rise, consumer demand for convenient, ready-to-eat snacks and processed foods is increasing.

 

Major companies operating in the global food extrusion market are:

• Akron Tool & Die Co Inc
• Baker Perkins Ltd
• KAHL Group
• Triott Group
• Groupe Legris Industries
• The Bonnot Company
• American Extrusion International
• Shandong Light M&E Co., Ltd
• Doering systems, inc.
• Buhler Holding AG    

 

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“The global food extrusion market stands at the intersection of technological innovation, consumer preferences, and industry trends. The adaptability of food extrusion technology to create an extensive range of products, from indulgent snacks to nutritious plant-based alternatives, highlights its importance in the modern food landscape. As the industry navigates challenges related to formulation, quality maintenance, sustainability, and consumer demands, food extrusion remains a key driver of growth and innovation, meeting the evolving needs of both manufacturers and consumers.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Food Extrusion Market By Food Product (Savory Snacks, Breakfast Cereals, Bread, Flour and Starches, Textured Protein, Functional Ingredients & Others), By Extruder (Single Screw Extruder, Twin Screw Extruder & Contra Twin Screw Extruders), By Process (Cold Extrusion Vs Hot Extrusion), By Region, By Competition Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of the food extrusion market globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the market of food extrusion globally.

 

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