Modern food extruders that increase productivity and minimise power consumption are being adopted by food enterprises as a result of the changing lifestyles that drive the need for packaged and processed foods.

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To make various types of processed foods, including food sticks and things made from grains and spices, new businesses are implementing food extruder systems.
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The practise of snacking between work shifts and keeping protein sticks nearby for quick chomping has increased demand for food extruders as it becomes a crucial component of the food industry food processing unit.

– These processed food items have become well-known among the younger generation because to the translation of home-based cuisine into convenient bars and rolls. Consequently, the global market system’s demand for food extruders is fueled.
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The link between suppliers and consumers, modern marketing strategies used to introduce innovation to production facilities, and growing demand for food extruders.

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Top Points:

1. The leading segment based on the product type is single screw extruder which is likely to thrive at a CAGR of 3.2% (2023 – 2033) as it is easy to maintain and switch while increasing the operability.
2. The biggest segment based on the end user category is the food processing which is forecasted to thrive at a CAGR of 3.6% between 2023 and 2033. The high CAGR is attributed to it being the it being the major part of the food processing unit.  
3. US market for food extruders has strengthened over the years and is likely to thrive at the highest CAGR of 3.0% during the forecast period. It is likely to hold a value of US$ 29.2 Billion. The growth is attributed to the expanding food and beverages industry along with the surging demand for processed healthy bars.
4. China which expects to hold the second biggest market share of US$ 5.8 Bn by 2033 while it thrives on the second highest CAGR 2.9% between 2023 and 2033. The growth is attributed to increased per capita income and latest instant food trends in China.

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Competitive Analysis:

Key companies focus on making their extruding unit efficient and fast along with keeping the price affordable and body reliable. Competitors adopt techniques such as mergers and acquisitions to expand their supply chain while also diversifying their distribution channels. Major companies in the food extruder market are Buhler, Baker Perkins, Coperion, Lindquist Machine, Pavan SPA

Recent Market Developments:

1. Baker Perkins has introduced new extruders that hold the twin-screw extrusion technology at the heart of its versatile systems that produce a wide range of high-quality extruded ingredients.
2. Buhler has added new food items into its processing unit while adjusting new and advanced extruders that produce aqua feed, pet food, breakfast cereals, and food ingredients