PUNE, India, October 5, 2017 /PRNewswire/ --
The report "Food Extrusion Market by Extruder (Single Screw, Twin Screw, and Contra Twin Screw), Process (Cold and Hot), Food Product (Savory Snacks, Breakfast Cereals, Bread, Flours & Starches, and Textured Protein), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market, by food product and equipment, is projected to reach a value of USD 68.38 Billion and USD 7.11 Billion by 2022, at CAGRs of 4.26% and 2.41% from 2017 to 2022, respectively. The market is driven by factors such as the growth of the processed food industry, which in turn drives the extruded products industry. The innovations in the food extrusion industry, for example, by designing extrusion equipment that offers increased productivity and reducing the production cost, also drive the Food Extrusion Market.
Browse 122 Market Data Tables and 31 Figures spread through 154 Pages and in-depth TOC on "Food Extrusion Market - Global Forecast to 2022"
Early buyers will receive 10% customization on this report
The savory snacks segment accounted for the largest share of the Food Extrusion Market by food product in 2016
On the basis of food product, the savory snacks segment accounted for the largest share of the Food Extrusion Market in 2016 followed by breakfast cereals. Raw materials such as rice, corn, potato, and taro have been popular feed materials for extruded snacks because of their ease of availability and good functional properties.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=221423108
Twin screw extruder accounted for the largest market share in 2016.
On the basis of extruder, the twin screw extruder segment accounted for the largest market share 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.
Europe dominated the food extrusion equipment market in 2016.
The European region was the largest market for the food extrusion equipment market in 2016. This can be attributed to the increase in demand for various extruded food products in the European region. The robust growth of the food industry of Europe is supported by the increased demand for ready-to-eat snacks and other extruded food products. Moreover, many key players have their production plants of extrusion machinery established in this region.
This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Baker Perkins (UK), Coperion (Germany), Bühler (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).
Browse Related Reports
Food Automation Market by Type (Motor Controls, Discrete controllers & visualization, rotary & linear products), Function (Palletizing, Sorting & Grading, Picking & Placing, Processing), Application (Dairy, Bakery), and Region - Global Forecast to 2022
Food Robotics Market by Type, Application (Palletizing, Packaging, Repackaging, Pick & Place, Processing), Payload (Low, Medium, Heavy), End-Use Industry, and Region - Trends & Forecast to 2022
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets