Global Food Extrusion Market Overview
Food Extrusion Market Size was estimated at 40.23 (USD Billion) in 2022.The Food Extrusion Industry is expected to grow from 42.64(USD Billion) in 2023 to 71.9 (USD Billion) by 2032. The Food Extrusion Market CAGR (growth rate) is expected to be around 5.98% during the forecast period (2024 - 2032).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Food Extrusion Market Trends Highlighted
The Food Extrusion Market is witnessing significant growth, driven by consumer demand for convenient, healthy, and innovative food products. Rising urbanization, changing lifestyles, and increasing disposable income are key market drivers. The adoption of extrusion technology allows manufacturers to create a wide range of extruded products, including pasta, snacks, cereals, and pet food, with enhanced nutritional value and improved texture.
Opportunities for exploration in this market lie in the development of novel extrusion techniques, such as twin-screw extrusion and supercritical fluid extrusion, which offer greater control over product properties and enable the incorporation of functional ingredients. Plant-based proteins and fortified foods are gaining traction, presenting opportunities for product innovation and meeting consumer health consciousness.
Recent trends in the food extrusion market include the growing popularity of single-serve packaging, the incorporation of prebiotics and probiotics, and the use of sustainable and eco-friendly packaging solutions. Manufacturers are exploring the potential of extrusion to create meat analogs, enhance dietary fiber content, and develop personalized and targeted nutrition products catering to specific dietary needs and preferences.
Food Extrusion Market Drivers
Rising Demand for Convenience Foods
One of the key factors driving the growth of the Food Extrusion Market is the increasing popularity of convenience foods. Owing to busier lifestyles and longer working hours, more and more consumers nowadays prefer convenient and time-saving meal solutions. A wide range of extruded products such as pasta, snacks, and breakfast cereals is convenient in terms of use, easy to prepare, and relatively affordable, which means it is becoming increasingly popular among working women and dual-income families.Thus, as more and more consumers have less time for preparing meals, and the number of working women and dual-income households keeps growing, there will be an increased demand for convenience foods in the years to come, with the market growing in accordance.
Growing Health Consciousness
In today's world, consumers pay more and more attention to their health, and they are attracted to a wide diversity of functional and specifically health-enhanced foods. In such a way, extruded products are fuller with vitamins, minerals, and other nutrients-compounds which is a healthier type of processed food, unlike traditional ones. It should also be mentioned that extruded products can be manufactured from whole grains and similar healthy components, which is also of importance nowadays.Thus, in the future, the Food Extrusion Market will be developing more actively since people will continue consuming more and more healthy food.
Expansion of the Food and Beverage Industry
The expansion of the food and beverage industry is another key driver of growth in the Food Extrusion Market. The increasing demand for processed foods and beverages is creating a need for efficient and cost-effective production methods. Extrusion technology offers a number of advantages over traditional processing methods, including increased efficiency, reduced costs, and improved product quality. As the food and beverage industry continues to grow, the demand for extrusion equipment and services is expected to increase.
Food Extrusion Market Segment Insights:
Food Extrusion Market Product Type Insights
The Food Extrusion Market is segmented by Product Type into Single Screw Extruders, Twin Screw Extruders, Multi-Screw Extruders, Cold Extruders, and Hot Extruders. The Twin Screw Extruders segment accounted for the largest share of the Food Extrusion Market in 2023 and is expected to continue its dominance over the forecast period. The rising demand for high-quality, consistent products is expected to drive the growth of this segment. The ability of twin screw extruders to process a wide variety of food products is another factor that is expected to spur the growth of this segment.Single Screw Extruders are expected to register a CAGR of above 3.0% over the forecast period. The low cost and simplicity of operation of single screw extruders are expected to drive the growth of this segment. Cold Extruders are ideal for processing heat-sensitive, non-heat-reduced products with the same nutritional parameters as raw products. Hot Extruders are typically used for products that demand high temperatures for processing. Multi-Screw Extruders are used to process products that need several processing steps. The segmentation of the Food Extrusion Market gives a good insight into the dynamics of the industry, and helps in identifying untapped growth opportunities.Key players in the Food Extrusion Market are looking for innovative solutions in a bid to cater to customers changing needs and tastes. The Food Extrusion Market is expected to grow in the coming years, owing to the increased demand for convenience foods and the growing awareness of the benefits of extruded food products.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Food Extrusion Market Raw Material Insights
The raw material segment of the Food Extrusion Market is expected to witness significant growth in the coming years. Cereals, pulses, oilseeds, meat, fish, fruit, and vegetables are the primary raw materials used in food extrusion processes. The growing demand for convenience foods, coupled with the increasing popularity of plant-based diets, is driving the growth of the cereals and pulses segment. The meat, fish, and oilseeds segment is also expected to grow steadily due to the rising demand for processed meat and seafood products. The fruit and vegetable segment is expected to witness moderate growth due to the increasing demand for healthy and nutritious snacks.In 2023, the cereals segment held the largest share of the Food Extrusion Market revenue, accounting for over 35%. The pulses segment is expected to register a CAGR of over 5% during the forecast period, reaching a value of USD 12.5 billion by 2032. The oilseeds segment is also expected to grow steadily, with a projected CAGR of over 4% during the forecast period. The meat and fish segments are expected to register a CAGR of over 3% during the forecast period, reaching a combined value of over USD 25 billion by 2032. The fruit and vegetable segments are expected to register a CAGR of over 2% during the forecast period, reaching a combined value of over USD 18 billion by 2032.
Food Extrusion Market Application Insights
The Food Extrusion Market by Application is segmented into Food, Feed, Pet Food, Pharmaceuticals, Chemicals, and Plastics. The Food segment holds the largest market share due to the increasing demand for extruded food products such as snacks, cereals, and pasta. The Feed segment is expected to witness significant growth owing to the rising demand for extruded animal feed, which is a cost-effective and nutritious alternative to traditional feed. The Pet Food segment is also projected to grow steadily due to the growing popularity of extruded pet food products, which offer convenience and improved nutritional value.The Pharmaceuticals segment is expected to grow at a moderate pace due to the increasing use of extrusion technology in the production of drug delivery systems and other pharmaceutical applications. The Chemicals and Plastics segments are expected to witness moderate growth due to the use of extrusion technology in the production of various chemical and plastic products.
Food Extrusion Market End-User Industry Insights
The end-user industry segment plays a critical role in shaping the Food Extrusion Market segmentation and insights. Among the key end-user industries, the food processing industry held the largest market share in 2023, owing to the rising demand for extruded food products such as breakfast cereals, snacks, and pasta. The feed industry is another significant end-user, driven by the growing need for animal feed with enhanced nutritional value and digestibility. The pet food industry also contributes substantially to the market, fueled by the increasing pet population and the trend toward premium pet food products.Furthermore, the pharmaceutical industry utilizes extrusion technology for the production of drug delivery systems, controlled-release formulations, and other pharmaceutical applications. The chemical industry leverages extrusion for manufacturing polymers, plastics, and specialty chemicals. The plastic industry employs extrusion processes for the production of pipes, films, and sheets. These diverse end-user industries drive the demand for food extrusion equipment and contribute to the overall growth of the Food Extrusion Market.
Food Extrusion Market Regional Insights
The Regional segment of the Food Extrusion Market offers valuable insights into the market's geographical distribution and growth potential. North America is expected to dominate the market, accounting for approximately 35% of the Food Extrusion Market revenue in 2023. The region's well-established food industry, rising demand for processed foods, and growing health consciousness among consumers drive this dominance. Europe holds the second-largest market share, driven by increasing disposable income, urbanization, and demand for convenience foods.The Asia-Pacific region is poised for significant growth due to its expanding population, growing middle class, and increasing adoption of Western food habits. South America and the Middle East and Africa (MEA) regions are also expected to contribute to the Food Extrusion Market's growth, albeit at a slower pace.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Food Extrusion Market Key Players And Competitive Insights:
Major players in the Food Extrusion Market industry are constantly investing in research and development to improve their product offerings and gain a competitive edge. Leading Food Extrusion Market players are focusing on developing innovative and sustainable solutions to meet the changing needs of consumers. The Food Extrusion Market development is driven by factors such as rising demand for convenience foods, increasing health consciousness, and the growing popularity of plant-based diets. The Food Extrusion Market Competitive Landscape is expected to remain competitive in the coming years, with key players focusing on strategic partnerships, mergers, and acquisitions to strengthen their market position.Buhler AG, a leading player in the Food Extrusion Market, offers a comprehensive range of extrusion solutions for various applications. The company's focus on innovation and customer-centric approach has enabled it to maintain a strong position in the market. Buhler AG's commitment to sustainability and energy efficiency has also contributed to its success.Buhler AG is a leading Food Extrusion Market player with a strong focus on innovation and customer-centricity. The company offers a wide range of extrusion solutions and has a strong presence in the food industry. Buhler AG has a strong focus on sustainability and is committed to providing energy-efficient solutions. The company's extensive product portfolio and commitment to sustainability make it a strong competitor in the Food Extrusion Market.
Key Companies in the Food Extrusion Market Include:
- The KSE Group
- Doowon Tech
- Hosokawa Micron Group
- Baker Perkins
- Wenger Manufacturing
- Coperion
- Tecnopool
- Clextral
- Buhler Group
- AastedMikroverk ApS
- ExtruTech
- Brabender Technologie
- Roskamp Champion
- Leer Corporation
- Fairfield Processing Equipment
Food Extrusion Market Industry Developments
The Food Extrusion Market is projected to reach USD 71.9 billion by 2032, exhibiting a CAGR of 5.98% from 2024 to 2032. Rising demand for convenience foods, increasing population, and growing disposable income in emerging economies drive market growth. Advancements in extrusion technology, coupled with the development of innovative products, further contribute to market expansion. Key industry participants focus on expanding their product portfolios and geographical reach through strategic partnerships, mergers, and acquisitions. Recent developments include the launch of plant-based meat alternatives and the growing adoption of extrusion technology in the production of pet food and pharmaceuticals.
Food Extrusion Market Segmentation Insights
- Food Extrusion Market Product Type Outlook
- Single Screw Extruders
- Twin Screw Extruders
- Multi-Screw Extruders
- Cold Extruders
- Hot Extruders
- Food Extrusion Market Raw Material Outlook
- Cereals
- Pulses
- Oilseeds
- Meat
- Fish
- Fruit
- Vegetables
- Food Extrusion Market Application Outlook
- Food
- Feed
- Pet Food
- Pharmaceuticals
- Chemicals
- Plastics
- Food Extrusion Market End-User Industry Outlook
- Food Processing Industry
- Feed Industry
- Pet Food Industry
- Pharmaceutical Industry
- Chemical Industry
- Plastic Industry
- Food Extrusion Market Regional Outlook
- North America
- Europe
- South America
- Asia-Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
40.23(USD Billion) |
| Market Size 2023 |
42.64(USD Billion) |
| Market Size 2032 |
71.9(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.98% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2022 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
The KSE Group, Doowon Tech, Hosokawa Micron Group, Baker Perkins, Wenger Manufacturing, Coperion, Tecnopool, Clextral, Buhler Group, AastedMikroverk ApS, ExtruTech, Brabender Technologie, Roskamp Champion, Leer Corporation, Fairfield Processing Equipment |
| Segments Covered |
Product Type, Raw Material, Application, End-User Industry, Regional |
| Key Market Opportunities |
Plant-based meat alternatives Functional and fortified food products Glutenfree and allergenfree products Snacks and convenience foods Pet food |
| Key Market Dynamics |
Increasing demand for convenience foods and snacks Rising urbanization and busy lifestyles drive demand for convenient, ready-to-eat food products. Health and wellness trends Consumers increasingly prefer nutritious and functional foods, leading to demand for extruded products with added vitamins, minerals and fiber Growing vegan and plant-based food segment The increasing popularity of vegan and plant-based diets drives demand for extrusion technology to create meat alternatives, dairy substitutes and other nonanimal products. Technological advancements Innovations in extrusion technology, such as twin-screw extruders with improved efficiency, versatility and process control, enhance market growth. |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Food Extrusion Market was valued at USD 42.64 billion in 2023 and is expected to reach USD 71.9 billion by 2032, exhibiting a CAGR of 5.98% during the forecast period.
The Asia-Pacific region is expected to dominate the Food Extrusion Market over the forecast period. The growth is attributed to the rising demand for extruded snacks and convenience foods in countries such as China, India, and Japan.
Food extrusion technology is widely used in the production of a variety of food products, including breakfast cereals, snacks, pet food, and nutritional supplements. It is also used in the production of functional foods, such as those fortified with vitamins and minerals.
Some of the key competitors in the Food Extrusion Market include Buhler Group, Clextral, Extru-Tech, Inc., and Wenger Manufacturing, Inc.
The growth of the Food Extrusion Market is driven by several factors, including the rising demand for convenient and healthy food products, the increasing popularity of plant-based foods, and the growing demand for pet food.
The Food Extrusion Market faces several challenges, including the high cost of equipment, the need for specialized expertise, and the stringent regulatory requirements.
Some of the key trends shaping the Food Extrusion Market include the increasing demand for sustainable packaging, the growing popularity of e-commerce, and the rising demand for personalized nutrition.
The Food Extrusion Market is expected to exhibit a CAGR of 5.98% during the forecast period from 2024 to 2032.
The key factors contributing to the growth of the Food Extrusion Market include the increasing demand for convenience foods, the growing popularity of healthy snacks, and the rising demand for pet food.
Food extrusion technology has a wide range of potential applications in the food industry, including the production of breakfast cereals, snacks, pet food, nutritional supplements, and functional foods.
