The food extrusion 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 food extrusion market, by food product and extrusion equipment, was valued at USD 53.24 Billion and USD 6.61 Billion in 2016 and is projected to grow at CAGRs of 4.26% and 2.41%, respectively, during the forecast period.
Factors such as increasing consumer preference towards convenience foods indirectly favor the increasing demand for extruded food products, subsequently driving the extrusion equipment industry.
The food extrusion 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 global food extrusion market, by food product and equipment, is projected to grow at CAGRs of 4.26% and 2.41% from 2017 to 2022
The demand for food extruders from food manufacturers, driving the growth of the food extrusion market.