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Food Extrusion Market will register significant gains over the projected time Frame, Europe to emerge as strong regional contender

Author : Rahul Sankrityayan | Published Date : 2019-05-07 

Food Extrusion Market anticipated to witness a surge in demand owing to rise in the processed food industry. Several innovations in the industry including enhanced equipment design that delivers improved productivity and reducing the production cost, also propel the food extrusion market.

Extruded eatables are made by the extrusion of numerous ingredients including wheat, potatoes, oats, tapioca and corn. Some of the most predominant snacks include pasta, macaroni, breads, breakfast cereals, fish paste, corn curls, processed cheese, jelly beans and onion rings. The process provides the ability to choose the ingredients and the ways of processing them. Large number of manufacturers use this in order to produce healthier products with diverse ingredients. Additionally, the process removes some of the naturally occurring toxins and decreases the micro-organisms present in the end use product, thus making them safer for consumption.

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Growing awareness regarding healthy snacking habits and rising adoption of nutritional eatables intake including extruded snacks will drive the industry. Healthy snacking is also recognized for providing several metabolic benefits, particularly weight-loss. These products offer the required essential vitamins and nutrients that a body needs. The nutritional contents of these products can be substantially altered by adjusting the digestion competence of protein and starch, though the low GI and high bioactive containing extruded products can be customized to maintain balanced nutrition. Increasing demand for healthy snacking and weight management will propel the global food extrusion market over the forecast period.

The industry is mainly driven by factors including changing lifestyles and increasing disposable incomes of the population, leading to an enhanced demand for ready-to-eat eatable products as they help save time and efforts. However, instable factors including global climatic conditions affect the production of raw materials including tapioca, corn and potato, that in turn will acts a key restraint of the food extrusion market.

Based on process, the food extrusion market is projected to be led by hot extrusion. Several advantages including rapid high energy transfer into the mass with the elevated temperature short time technique will drive the food extrusion market development.

Based on food product, the savory snacks segment is expected to witness largest food extrusion market share, followed by breakfast cereals during the forecast timeframe. Raw materials including taro, potato, and rice are most well recognized feed materials for extruded eatable products due to their easy availability and high functional properties. Development in the production technology is expected boost the global nourishment industry by increasing the possibility of new shapes and sizes and textures using various raw materials.

Europe dominates the overall industry owing to increase in demand for numerous extruded eatable products in the region. Rapid growth in the demand of ready-to-eat snacks will boost the industry. Furthermore, several key players have their manufacturing plants with advanced machineries well established in the region.

Asia Pacific is anticipated to be the fastest growing market over the forecast period due to improved industrialized growth over the forecast period. Rise in the middle-class population along with demand for snacks that offer on-the-go consumption will positively impact the food extrusion market growth. Factors including wide obtainability of numerous snacking options available at reasonable prices will augment the growth prospects for the industry.

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Global food extrusion market is highly fragmented due to large several small and large industry players that compete based on price, service, distribution, quality, promotion, reputation and innovation. The growth opportunities of these participants depend on the changing consumer spending pattern and demographic trends. Intense competition prevails as the industry players are effectively focusing on offering innovative products to meet the consumers' tastes.

Key industry players include Baker Perkins, Pavan SpA, Groupe Legris Industries, Akron Tool & Die, Flexicon, The Bonnot Company, Bühler, Triott Group, Coperion and Grupo Bimbo. Other prominent players are Frito-Lay North America, Calbee Inc., Groupe Legris Industries, Kahl Group, Lindquist Machine, Mondelez International and Universal Rob

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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