Leading Food Extrusion Extruder Markets Databank

Leading Food Extrusion Extruder 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. Twin screw extruder segment is expected to be the highest contributor to this market, with $28,435.6 Million in 2020, and is anticipated to reach $48,915.1 Million by 2029, registering a CAGR of 6.26%. Twin screw extruder and Single screw extruder segments collectively expected to account for about 78.8% share of the Food Extrusion market in 2020, with the former constituting around 41.4% share. Twin screw extruder and Single screw extruder segments are expected to witness significant growth rates at a CAGR of 6.26% and 4.64% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 78.8% in the overall Food Extrusion market in 2020, and is anticipated to reach 81.4% by 2029.