Press release
Food Extrusion Market Trends May Hit Record value with Double-Digit CAGR by 2028
DriversThe key players operating in the global Food Extrusion market are focused on research and development activities, in order to come up with innovative products and optimize expenditures. These companies are also focused on enhancing virtual client engagement, in order to expand their foothold.
Opportunities
The emergence of COVID-19 has compelled various small and medium-sized business to shift to cloud rather than on premise storage. Cloud computing offers various benefits including remote access, enhanced scalability, and cost optimization. Such changes can provide lucrative growth opportunities for companies providing cloud computing services.
Leading Key players in Food Extrusion Industry:
Akron Tool & Die Co., Inc.
Amandus Kahl GmbH & Co. KG
American Extrusion International
Baker Perkins Limited
Coperion GmbH
Flexicon Corporation
Groupe Legris Industries
Lindquist Machine Corporation
Pavan SpA
The Bonnot Company
The food extrusion is a modern food processing technology which involves heat transfer, mass transfer, shear, and pressure changes for cooking, puffing, mixing, kneading, texturizing, and conveying. It is used in the modern food industry to make pasta, snacks, pet foods, and ready-to-eat cereals. Food extrusion at high temperature reduces microbial contamination and inactivates enzymes. Also, multiple shapes, textures, and colors can be imparted to food products with extrusion which is otherwise not easily attainable using other production methods. Food extrusion enables accommodation of new consumer snacks and food products.
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COVID-19 Impact on the Food Extrusion market
No industry has been immune to the effect of COVID-19 pandemic with food and beverage sector being no exception. Despite the early hurdles the industry players faced, there has emerged a glimmer of hope in the recent times.
Points covered in the Food Extrusion market report
A comprehensive insight into key players operating in the market and their corresponding data. It includes product portfolio, annual revenue, expenditure on research and development, fluctuation in revenue gained, manufacturing plants, geographical presence, strategic acquisitions and subsidiaries, key developments in recent years, and growth strategies.
Regional analysis, which includes insight into the
dominant market and corresponding market share. It also includes various socio-economic factors affecting the evolution of the market in the region. It also profiles key growth opportunities for market players in the region during the forecast period.
The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, wholesale dealers, logistics, distributors, and stockholders. It also discusses macroeconomic factors in the automotive industry such as unemployment rate, recession, and rate of inflation affecting the evolution of the Food Extrusion market.
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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