Extruded product sales are expected to reach a global value of US$ 206.6 billion in 2023 and rise at a 4.0% annual rate between 2023 and 2033. The extruded products market is expected to generate US$ 302.5 billion in sales by the end of 2033, according to a PMR estimate, as a result of an increase in demand for extruded pasta, noodles, and baked goods worldwide.
The global market for extruded products is experiencing steady growth, propelled by the versatility and customization options offered by extrusion technology. Extruded products are widely utilized across various industries, including food and beverage, construction, automotive, and packaging. The market’s expansion can be attributed to factors such as the increasing demand for lightweight and durable materials, advancements in manufacturing processes, and the versatility of extruded products in meeting diverse application needs.
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Extrusion technology enables the production of a wide range of products with unique shapes, sizes, and properties, catering to specific industry requirements. From plastic profiles and tubes to aluminum extrusions and food products, extruded items offer exceptional design flexibility and customization possibilities. The ability to manufacture complex shapes and integrate multiple functions into a single product has fueled the adoption of extrusion technology in diverse sectors, driving market growth.
The growing emphasis on lightweight and durable materials has significantly contributed to the demand for extruded products. Industries such as automotive and aerospace rely on lightweight components to enhance fuel efficiency and reduce overall weight. Extruded products, known for their high strength-to-weight ratio, offer an ideal solution for these industries, enabling the production of lightweight and structurally sound parts. Additionally, the construction sector benefits from the durability and resistance of extruded profiles, ensuring long-lasting and reliable structures.
Advancements in manufacturing processes have played a pivotal role in driving the growth of the extruded products market. Technological innovations in extrusion equipment, such as improved die designs, precision control systems, and process automation, have enhanced production efficiency, consistency, and product quality. Manufacturers are increasingly adopting advanced extrusion techniques, including co-extrusion and multi-layer extrusion, to create complex and high-performance products. These advancements have not only improved the manufacturing process but also expanded the range of applications for extruded products.
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As industries continue to seek customized solutions and materials that meet specific requirements, the extruded products market is poised for further growth. The ability to tailor properties such as strength, flexibility, color, and surface finish makes extruded products highly attractive to manufacturers across diverse sectors. With ongoing advancements in extrusion technology and the constant drive for innovation, the market is set to witness sustained expansion, offering abundant opportunities for stakeholders in various industries.
Companies Covered in This Report –
- PepsiCo
- Conagra Foods, Inc.
- Bunge Limited
- ITC Ltd
- The Kellogg Company
- Premier Foods PLC
- Calbee, Inc.
- Clextral S.A.S
- Old Dutch Foods, Inc.
- Diamond Foods Inc.
- San Carlo Gruppo Alimentare S.P.A.
- Shearer’s Foods, LLC
- Lorenz Bahlsen Snack-World GmbH & Co KG
- Wyandot Snacks
- Intersnack Group GmbH & Co. Kg
- Ralston Foods, Inc.
- J.R. Short Milling Company
- LENG-D’OR
- The Brecks Co Ltd
- Amica Chips SpA
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Extruded Products Industry Research by Category
By Nature:
- Organic
- Conventional
By Source:
- Potato
- Corn
- Rice
- Tapioca
- Grains
- Cereals
- Fish, Meat & Poultry
- Other
By Product Type:
- Food Products
- Breakfast Cereals
- Snacks
- Noodles & Pasta
- Bakery Products
- Baby Foods
- Confectionery
- Frozen Food
- Feed
By Extrusion Process:
- Hot Extrusion
- Cold Extrusion
By Distribution Channel:
- Business to Business
- Business to Consumer
- Hypermarket/Supermarket
- Convenience Store
- Online Retail
- Other Retail Stores
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
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