Food Extruder Market Share, Trend Analysis, Opportunity, 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global food extruder market size at USD 77.09 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global food extruder market size to grow at a CAGR of 5.92% reaching a value of USD 108.86 billion by 2029. As growing consumer demand for processed and convenience foods as a result of changing lifestyles and increased disposable incomes is one of the major development reasons for the global food extruder market. Additionally, manufacturers are increasingly focused on developing new products in order to increase their market penetration, which is anticipated to drive the global food extruder market growth during the forecast period. Global Food Extruder Market – Overview The food extruder is a compact bioreactor that allows continuous conversion of raw materials into a variety of finished goods. An extruder is the device...