Global Food Extrusion Market Size By Type (Cold extrusion, Hot extrusion), By Application (Savory Snacks, Breakfast Cereals), By Region, And Segment Forecasts, 2023 to 2032

The Global Food Extrusion Market was valued at USD 68 billion in 2023 and is projected to exceed USD 115 billion by 2031, growing at a CAGR of 7.8% during the forecast period. The market's growth is driven by increasing consumer demand for processed and convenience foods, advancements in extrusion technology, and the growing adoption of plant-based diets, which heavily rely on extruded products.

Extrusion technology is widely used in the production of snacks, cereals, pet food, and texturized plant-based proteins, making it integral to the modern food processing industry.

Drivers:

Growing Demand for Processed Foods: Rising urbanization and busy lifestyles are fueling the demand for ready-to-eat and convenience food products, boosting the adoption of food extrusion technologies.

Advancements in Extrusion Technology: Innovations such as twin-screw extruders and advanced automation are enhancing the quality, efficiency, and customization of extruded food products.

Rising Popularity of Plant-Based Proteins: The global shift towards sustainable and plant-based diets is driving the demand for extruded meat alternatives, which replicate the texture and flavor of traditional meat products.

Restraints:

High Initial Costs: Extrusion equipment involves significant capital investment, making it challenging for small- and medium-sized enterprises to enter the market.

Energy Consumption and Environmental Concerns: The high energy usage associated with extrusion processes raises concerns about environmental sustainability and operational costs.

Opportunities:

Expansion in Emerging Markets: The growing middle-class population in regions like Asia-Pacific and Latin America presents lucrative opportunities for extruded food products.

Product Innovation with Health-Focused Formulations: Rising consumer awareness about health and nutrition is driving the development of extruded products enriched with vitamins, minerals, and other functional ingredients.

Market by System Type Insights:

The Twin-Screw Extruders segment dominated the market in 2023, attributed to its versatility in processing diverse food materials and ability to produce a wide variety of textures. This segment is expected to maintain its leadership position during the forecast period, driven by ongoing technological advancements.

Market by End-use Insights:

In terms of end use, the Snacks and Breakfast Cereals segment emerged as the largest contributor, accounting for over 45% of the market share in 2023. The increasing global demand for convenience foods and innovative snack products is driving the growth of this segment.

Market by Regional Insights:

North America led the market in 2023, supported by high consumer demand for processed foods and significant investments in food processing technologies.

The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, driven by rapid urbanization, increasing disposable incomes, and the expansion of the food processing industry in countries like China and India.

Competitive Scenario:

Key players in the Global Food Extrusion Market include Bühler AG, Coperion GmbH, Baker Perkins, GEA Group, Triott Group, American Extrusion International, and Flexicon Corporation. These companies are focusing on technological innovations, product launches, and strategic partnerships to strengthen their market positions.

Scope of Work – Global Food Extrusion Market

Key Market Developments:

2023: Bühler AG launched a new range of high-capacity twin-screw extruders designed for sustainable production processes.

2024: GEA Group introduced advanced extrusion systems tailored for plant-based protein applications, emphasizing energy efficiency.

2025: Coperion GmbH entered a strategic partnership with a leading snack manufacturer to develop customized extrusion solutions for healthy snack products.

FAQs:

What is the current market size of the Global Food Extrusion Market?

The market size was USD 68 billion in 2023.

What is the major growth driver of the Global Food Extrusion Market?

The increasing demand for processed and convenience foods is the primary growth driver.

Which region is expected to witness the highest growth in the Global Food Extrusion Market?

Asia-Pacific is anticipated to experience the highest growth rate during the forecast period.

Which segment accounted for the largest market share in the Global Food Extrusion Market?

The Snacks and Breakfast Cereals segment held the largest market share in 2023.

Who are the key market players in the Global Food Extrusion Market?

Key players include Bühler AG, Coperion GmbH, Baker Perkins, and GEA Group.