As the pandemic continues to challenge the market, Argus will discuss their forecast for 2022 on Tuesday, December 14th at 2 pm Eastern Time.
Washington, December 6, 2021 (Global News Agency)-By 2028, the global food extrusion market is expected to reach USD 118.63 billion, with a compound annual growth rate of 7.11% during the forecast period of 2021-2028. Added to the VantageMarketResearch report. Provided by com.
The growth of the food squeeze market is attributable to factors such as the impact of busy lifestyles in emerging economies, increased demand for convenient product types, and changes in snack trends. In addition, the population is increasing, the demand for processed food is increasing, and advanced automated food processing equipment; among other things, there are some other factors that are expected to drive market growth; in the near future, Vantage Market Research has published a report titled " The food extrusion market by product type (salty snacks, breakfast cereals, bread, flour and starch, textured protein, functional ingredients, other product types, by extruder)" The report pointed out that the single screw extruder, Twin screw extruder, twin screw extruder), by process (cold extrusion, hot extrusion), by region (North America, Europe, Asia Pacific, Latin America and the Middle East and Africa)-Global Industry Assessment (2016 )-2021) & Forecast (2022-2028): The market size in 2020 will be US$68.32 billion.
Browse the "Global Food Squeeze Market: By Type, Size, Share, Industry Trends, Growth, Analysis and Forecasts, 2021-2028" 28 tables and 75 numbers and in-depth catalogs spread over 165 pages.
Highlights of the Food Extrusion Market Report:
Historical data, estimates and forecasts
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Increased demand for processed foods and advanced equipment
The main factor driving the food extrusion market is the high demand for food extrusion from global emerging economies such as India, China, Thailand, and Indonesia. The growing global population has prompted companies to focus on improving food processing technology. In addition, with the increase of the population, the demand for processed food is also increasing sharply. The surge is attributed to the impact of a busy lifestyle, as processed foods can save time and energy.
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Impact analysis of more than 165 pages of research reports (including the latest research).
Provides updated regional analysis for 2020 with chapter-by-chapter guidance as required, with graphical representations of trends, scale, and shares, including updated charts and table lists.
The updated report using the VMR research methodology includes sales volume, business strategy and revenue analysis of major market participants.
The rapid changes in snack trends are expected to drive market growth during the forecast period. Due to changes in snack trends, the demand for processed foods, convenient product types, and the best quality and lowest cost products is increasing. The huge gap between the supply and demand of such products forces companies to increase food production and invest more funds to improve the technology of food processing equipment to increase product output.
In addition, due to the COVID-19 pandemic, the demand for processed sanitary foods, baked goods, etc.; a substantial increase, which may drive the growth of the food squeeze market during the forecast period.
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Evaluate the market share of commercial food extrusion market opportunities, track market size, competitive drug sales, commercial development and license synthesis insights.
Develop strategies and strategies to take advantage of opportunities in the food squeeze market.
The latest trends and market events and analysis of basic events in the food squeeze market.
Gain insight into competition and analyze sales data to update your brand plan tracker.
Answer important business questions; support decision-making from R&D to long-term marketing strategy
Develop economic models, predictive models, and healthcare frameworks.
The current epidemic has affected every market in the world. Many companies, including the global food squeeze market, have been affected by the COVID-19 pandemic. To combat the epidemic, the government and the country have adopted a series of strict measures, including blockades and adjustments to some industry rules, to help companies maintain their competitiveness. The paper includes a complete breakdown of pre-pandemic and post-pandemic impact analysis. In the case of COVID-19, the market is expected to gradually gain traction through the implementation of strategic plans.
Europe dominates the food extrusion market
Europe is expected to occupy the largest share of the food extrusion market. However, the Asia-Pacific region is expected to grow at the fastest compound annual growth rate during the forecast period 2021-2028. Emerging economies such as India and China are expected to become the leading countries in the region. China is expected to occupy the largest share in the Asia-Pacific region and is expected to grow at a rapid compound annual growth rate during the forecast period.
List of prominent participants in the food extrusion market:
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Industry News:
In July 2021, Flexicon Corporation Pty Ltd doubled its manufacturing and sales operations. It will ensure the company's growth in the Asia-Pacific region.
In April 2021, Givaudan and Buhler jointly launched the Asia-Pacific Protein Innovation Center at the Givaudan Woodlands base in Singapore. The center is operated by experts from two companies. In addition, it is connected to a huge network of R&D and innovation centers in Switzerland and other major hubs in the region. He will help the company have a collaborative and sustainable future in food.
Important questions answered in this report:
What is the estimated market size and growth rate of the food extrusion market?
What market segments does the food extrusion market include?
Which top companies are active in the food extrusion market?
What are the main driving factors for the growth of the food extrusion market?
How to get free sample report or food extrusion market research?
This report provides detailed information about the prevalence, incidence, patient distribution and average price of treatment, market and technology trends, and new product development in the food squeeze market.
By product type (Revenue: USD million, 2016-2028)
By extruder (revenue: USD million, 2016-2028)
Classified by process (Revenue: USD million, 2016-2028)
Million USD/Billion USD Revenue
North America, Europe, Asia Pacific, Latin America, the Middle East and Africa, and the rest of the world
United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, Gulf Cooperation Council countries and South Africa, etc.
Market growth drivers, constraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis of market segments and regions, company market share analysis, and COVID-19 impact analysis.
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