Food Extrusion Market Insight Report - Find out the Secret Factors behind the Growth in near Future According to New Research
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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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