Global Food Extrusion Market - 2023-2030

Global Food Extrusion Market - 2023-2030

Global Food Extrusion Market reached US$ 75.7 billion in 2022 and is expected to reach US$ 123.5 billion by 2030, growing with a CAGR of 6.3% during the forecast period 2023-2030.

Food extrusion helps in the production of various extruded products that are ready-to-use. This technology helps in the production of various food products such as breakfast cereals and various snacks with a wide choice of shapes and textures. Extruded food products are widely popular due to their convenience. With the increasing demand for extruded food products, the food extrusion market is gaining immense popularity.

Food extrusion is used as a most advantageous and convenient technology in the food industry. It carries various process such as mixing, shaping and texturing and help in producing unique and desired size product. Manufacturers utilise food extrusion technology to produce different shapes of snacks such as twists, curls and puffs and even cartoon characters to attract consumers.

Extruders of different types are used in the production of several types of products. Different types of extruders such as single screws, twin screws and contra twin screws are used in food extrusion technology. Food extrusion technology is also popular for producing products that are microbiologically safe and possess greater shelf life with the use of high-temperature processing methods. Cold and hot extrusion processes are commonly used in food extrusion to produce various types of desired products.

Dynamics

New and Innovative Extruder Launches

Manufacturers are addressing the trending and most serious issues and introducing solutions to help industrial manufacturers greatly use their extruder technologies. For instance, with increasing veganism, there is a greater demand for plant-based food products. However, due to the texture problems of this product, the demand for this product can be hindered.

Introducing extruders with new and innovative technologies can help overcome a few of the texture-related issues of the product. For instance, in August 2023, Food System Innovations, a non-profit organization dedicated to creating a more sustainable, humane, and equitable global food system announced its partnership with Noa Weiss, an AI and machine learning expert. The partnership resulted in the launch of GreenProtein AI, the initiative to use advanced AI technology to optimize plant-based meat extrusion.

Manufacturers are even developing extruders that occupy less space to help small-scale manufacturers in equipment manufacturing. For instance, in August 2022, Brabender GmbH & Co. KG introduced a new electrically heated twin-screw extruder into the market. The product is developed as an interference between the laboratory and pilot plant and is suitable for food and feed applications. The space-saving compounding system of this product highlights its value in the market.

Increasing Use of Food Extrusion to Produce Innovative Food Products

The food extrusion technology provides manufacturers with an easy and convenient way of producing food products with various shapes and textures. Various snacks such as chips, crackers and puffs are produced with the use of food extrusion technology. The high use of these food extrusion technologies is driving the market growth.

Various food industry manufacturers are adopting the use of food extruders to produce an ideal and definite shape and texture of the product. For instance, in December 2022, Lil’Goodness, a health-focused food and snack maker, unveiled the launch of new extruded snack products that are inspired by Disney characters and Marvel Super Heroes.

Similarly, in June 2022, Wiiboox, a China-based 3D printer manufacturer, introduced a new and innovative food extruder into the market. The product, Luckybot food 3D printing extruder can be integrated with a wide variety of standard desktop 3D printers to transform them into dedicated food printers. The product is capable of fabricating 2D and 3D custom designs and is compatible with various products such as creams and cheeses.

High Costs and Complex Processing of Food Extrusion

The food extrusion market can be hindered majorly by the high costs related to the overall processing from raw material sourcing. For the production of various extruded products, multiple raw materials are used such as cereals, fruits and vegetables, pulses, meat and others. The fluctuations in these raw materials prices can be a greater burden to the manufacturers to produce an affordable final product.

The difficulties in the management of the operational processes of the extruders can also be a greater challenge for the manufacturers. Proper maintenance and regulatory processing of the viscosity, screw speed, pressure and temperature need to be arranged based on the type of product that needed to be developed according to size and shape. The complex processing and critical attention towards the details of the processing can restrain the market growth.

Segment Analysis

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

High Use of Twin Screws in Industrial Applications

The global food extrusion market is segmented based on extruders into single screws, twin screws and contra twin screws. The twin screw segment accounted for the largest share in the global market due to its increased advantages compared to single screws. Twin screw extruders have a better capacity to handle wider varieties of raw materials and complex formulations such as complex recipes, driving the segment growth.

The new product launches of twin screws positively influence the segment growth. For instance, in June 2023, Coperion K-Tron Salina, a leading global supplier of feeders announced the introduction of a new twin-screw gravimetric feeder, K2-ML-T35. The extruder is suitable for both continuous and batch-feeding systems of a wide range of food applications including bakery and snack productions.

Similarly, in January 2021, ANDRITZ, an international technology group, announced the launch of its two new twin-screw extruder series that can be used in pet food and aquafeed industries. With the innovation in extrusion technology, the company is expected to improve its extrusion offerings and expand their product offerings in the market.

Geographical Penetration

Increased Demand for Extruded Products in Europe

Europe dominated the global food extrusion market. Increasing snacking habits positively drive the demand for various savory extruded snack products in this region. The wide availability of extruded food products such as snacks in a wide variety of shapes and flavors is increasingly improving the demand for food extrusion to produce new and innovative products.

The food industries and food service sectors that use food extrusion technology are increasing rapidly in European countries with a high demand for on-go snack products. The availability of high technological advancements makes it easier for the market players to adopt new technologies to improve the efficiency and quality of the process and eventually the end-products.

The increasing demand for extruded products is increasing the arrangement of several new extrusion plants in this region driving the market growth. For instance, in September 2022, ADM launched a new extrusion plant in Serbia that helps to expand its production of non-GMO textured soy protein. The company’s new extrusion facility helps to increase the supply of locally sourced, non-GMO textured soy protein in Europe.

Competitive Landscape

The major global players in the market include Jinan Machinery Co., Ltd, Baker Perkins, Snactek, Coperion GmbH, Diamond America, Xtrutech Ltd, Clextral, The Bonnot Company, Jinan Sunpring Machinery & Equipment Co. and Sunshine Industries.

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic had a mixed impact on the global food extrusion market. Improper facilities such as reduced raw material sourcing and workforce facilities negatively affected the market growth. The strict lockdown regulations from the government interrupted the distribution of products into the market. The shutdown of offline stores greatly reduced the extruded product sales.

The demand for ready-to-eat products increased rapidly in the pandemic situation. The unavailability of fresh food products increased consumer preference towards on-go food products. Extruded products such as ready-to-eat products, breakfast cereals and snacks are gained wide popularity due to their wide flavor and shape variants availability and increased shelf life. The opening of several e-commerce platforms positively impacted the market growth.

Russia- Ukraine War Impact

The Russia-Ukraine war greatly impacted several industrial sectors, including food. The war created import and export trade disruptions, resulting in economic disturbances. The supply chain activities were badly impacted, causing the disruption of demand-supply chain activities. The scarcity of raw materials and other essential resources paused the global market for various products, including food extrusion.

By Extruder
• Single Screw
• Twin Screw
• Contra Twin Screw

By Process
• Cold Extrusion
• Hot Extrusion

By Food Product
• Savory Snacks
• Breakfast Cereals
• Bread
• Flours & Starches
• Textured Protein

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Russia
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa

Key Developments
• In November 2022, IFF, launched a versatile extruded proetin, SUPRO TEX. This next-generation plant-based protein with the use of moisture extrusion technology.
• In December 2021, ARTEC Machine Systems announced the launch of its new high-density output twin screw extruders for the food processing industry. These NEW transmission drives are available to produce the highest working reliability for various applications.
• In August 2021, GEA, one of the largest suppliers of technology for the food processing industry announced the launch of its new xTru Twin 140 Extruder. These high-capacity extruders are designed for their use in the food and feed industries.

Why Purchase the Report?
• To visualize the global food extrusion market segmentation based on Extruder, Process, Food Product, application, end-use and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of food extrusion market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global food extrusion market report would provide approximately 77 tables, 83 figures and 189 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies