[URL=https://www.industryarc.com/Research/Food-Extrusion-Market-Research-504461]Food Extrusion Market[/URL] size is forecast to reach $ 66.3 billion by 2025, growing at a CAGR of 4.23% during the forecast period 2020-2025. Rising adoption of nutritional eatables intake including extruded snacks and growing demand for textured protein are the major factors driving the growth of the market. Rapid growth of the processed food industry in the developing countries and increasing consumption of convenience food products is set to further enhance the overall market demand of food extrusion market during the forecast period 2020-2025. Key Takeaways
Europe dominated the food extrusion market in 2019 owing to the expanding consumer base and growth in the food technologies. The food extrusion market scope for different regions will be provided in the final report.
Reduction in the production cost along with the changing consumer lifestyles and enhanced equipment designs is likely to aid in the market growth of food extrusion market.
Detailed analysis on the Strength, Weakness and opportunities of the prominent players operating in the market will be provided in the food extrusion market report.
Global climatic changes is set to affect the production of the raw materials and this is poised to create hurdles for the food extrusion market.
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Geography - Segment Analysis
Europe dominated the food extrusion market in 2019 with a share of more than 42%, followed by North America. Europe dominates the food extrusion market owing to the rising consumer base and growth in food technologies and also owing to the stringent food safety regulations. Savory snacks utilize food extruder machines, and henceforth, rise in sales of savory snacks is supporting the food extrusion market growth for Europe. The cereal production and increase in bread consumption is also increasing the growth of food extrusion market in the Europe.
Drivers – Food Extrusion Market
Growth in Demand for textured protein
Reduction in the production cost along with the changing consumer lifestyles
Food Extrusion Industry Outlook: Food Extrusion Market top 10 companies are Coperion GmbH, Baker Perkins Limited, Groupe Legris Industries, The Bühler Holding AG, Akron Tool & Die Co. Inc., Flexicon Corporation, Pavan SpA, The Bonnot Company, Triott Group B.V., and American Extrusion International among others.
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