[154 Pages Report] The food extrusion market, by food product and extrusion equipment, was valued at USD 53.24 Billion and USD 6.61 Billion in 2016 and is projected to grow at CAGRs of 4.26% and 2.41%, respectively, during the forecast period. The base year considered for the study is 2016, and the forecast period is from 2017 to 2022. The basic objective of the report is to define, segment, and project the global market size for food extruders on the basis of process, food product, extruder, and region. It also helps to understand the structure of this market by identifying its various segments. The other objectives include analyzing the opportunities in the market for stakeholders and providing a competitive landscape of market trends, analyzing the macro and micro indicators of this market to provide factor analysis and to project the size of the market.

This report includes estimations of the market size in terms of value (USD million) and volume (kilotons). The market size in terms of volume has only been considered on the basis of food product only. Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global food extrusion market and to estimate the size of various other dependent submarkets in the overall market. The key players in the market have been identified through secondary research, some of the sources are press releases, paid databases such as Factiva and Bloomberg, annual reports, and financial journals; their market share in respective regions have also been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources. The figure below shows the breakdown of profiles of industry experts that participated in the primary discussions.

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Key participants in the supply chain of the food extrusion market are the equipment manufacturers, end-use industries, and raw material suppliers. The key players that are profiled in the report include Baker Perkins (UK), Coperion (Germany), B�hler (Switzerland), AKRON TOOL & DIE (US), Groupe Legris Industries (Belgium), Pavan SpA (Italy), Flexicon (US), Triott Group (Netherlands), The Bonnot Company (US), and AMERICAN EXTRUSION INTERNATIONAL (US).

This report is targeted at the existing players in the industry, which include the following:

Regulatory and research organizations

Raw material producers, suppliers, and distributors

Food extruder equipment manufacturer, traders, distributors, and dealers

Extruded food manufacturers, traders, distributors, and dealers

�The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.�

Scope of the Report

The food extrusion market has been segmented as follow,

On the basis of Extruder,

Single screw extruders

Twin screw extruders

Contra twin screw extruders

On the basis of Process,

Cold extrusion

Hot extrusion

On the basis of Food product,

Savory snacks

Breakfast cereals

Bread

Flours & starches

Textured protein

Functional ingredients

Others (porous powders, meat-based products, and encapsulated flavors)

On the basis of Region,

North America

Europe

Asia Pacific

RoW (Brazil, Argentina, and South Africa)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company�s specific needs.

The following customization options are available for the report:

Product Analysis

Product matrix, which gives a detailed comparison of the product portfolio of each company.

Regional Analysis

Further breakdown of the Rest of Europe food extrusion market into Russia and Poland.

Further breakdown of the RoW food extrusion market into Paraguay, Uruguay, Chile, and Cuba

Company Information

Detailed analysis and profiling of additional market players (up to five)

The global food extrusion market, by food product and equipment, is projected to grow at CAGRs of 4.26% and 2.41% from 2017 to 2022, to reach a projected value of USD 68.38 Billion and USD 7.11 Billion, respectively, by 2022. Factors such as increasing consumer preference towards convenience foods indirectly favor the increasing demand for extruded food products, subsequently driving the extrusion equipment industry. In addition to this, the rapid growth of the processed food industry in the fast-growing urban households of developing economies is projected to drive the demand for extruded food products. These factors are driving the demand for food extruders from food manufacturers, driving the growth of this market.

On the basis of extruder, the global market was led by twin screw extruder, followed by single screw extruder, in 2016. Ease of functionality, low cost of production, better control of process parameters, high level of process flexibility, and remarkable mixing capability are the key features of twin screw extruders.

The food extrusion market, on the basis of process, is segmented into hot and cold extrusion. The hot extrusion segment accounted for a larger market share in 2016. Rapid high energy transfer into the mass with high-temperature short-time advantages is the key factor for the increasing preference for hot extrusion operations.

On the basis of food product, the savory snacks segment accounted for the largest market share in 2016, followed by breakfast cereals. Extrusion technology gave a phenomenal boost to the snack food industry by increasing the possibility of new shapes and sizes and textures using various raw materials.

Asia Pacific accounted for the largest market share of the food extrusion market in 2016. This market is driven by the growing demand for processed food such as extruded snacks in developing countries such as India, China, Japan, and Australia. The European region accounted for the largest market share for the food extrusion equipment market in 2016. Innovations, diversified applications, and multi-functionality of food extrusion equipment drive the market in Europe.

The major restraining factor for the food extrusion market is the price and availability of raw materials. Changes in climatic conditions across the globe have reduced the production of raw materials such as potato, corn, and tapioca. The increasing prices of raw materials is an important concern for extruded food manufacturers.

Companies such as B�hler (Switzerland), Baker Perkins (UK), and Coperion (Germany) have acquired a leading market position through the provision of a broad portfolio, catering to the varied requirements of the market, along with a focus on the diverse end-user segments. They are also focused on innovation and are geographically diversified.

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