Leading Food Extrusion Country Markets Databank
The Food Extrusion market was valued at $68,726.2 Million in 2020, and is projected to reach $107,401.2 Million by 2029 growing at a CAGR of 5.13% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $22,954.6 Million in 2020, and is anticipated to reach $39,320.1 Million by 2029, registering a CAGR of 6.21%. Asia-Pacific and North America collectively expected to account for about 63.5% share of the Food Extrusion market in 2020, with the former constituting around 33.4% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 6.21% and 5.07% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 59.0% in the overall Food Extrusion market in 2020, and is anticipated to reach 62.1% by 2029.
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