Market Overview:
The global extruded snacks market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers. In terms of type, the potato segment is expected to dominate the global extruded snacks market during the forecast period owing to its high nutritional value and easy availability. In terms of application, hypermarkets and supermarkets are expected to hold a major share in the global extruded snacks market due to their large customer base.
Product Definition:
Extruded snacks are food products that are created by forcing a dough or batter through a specially shaped nozzle to create a long, thin shape. This process is called extrusion. The importance of extruded snacks lies in their ability to be quickly and easily made in large quantities, as well as their relatively long shelf life.
Potato:
Potato is a starchy, tuberous plant that is commonly cultivated in the genus Solanum. It is known for its high starch content and sweet flavor. The global potato market size spans various applications such as food & beverages, animal feed, and industrial products among others. Food & beverage industry accounts for the largest share of potato usage globally owing to its easy processing ability along with high nutritional value as compared to other conventional cereals like rice and wheat.
Corn:
Corn is one of the most important grains in the world. It is a staple food for many people across America and Asia. Corn has been an important grain since 5000 B.C., when it was first cultivated in Mexico, and has been a major source of starch and fuel ever since then. The U.
Application Insights:
Hypermarkets and supermarkets held the largest revenue share of over 60% in 2017. The application segment is sub-divided into convenience stores, supermarkets, and hypermarkets & supermarkets. The growth of the independent retailer category can be attributed to increasing penetration of retail outlets in developing countries such as India, China, Bangladesh etc. Increasing disposable income has led to a rise in demand for packaged food products which include extruded snacks among others that are easily available at affordable prices.
The independent retailer category is expected to witness significant growth owing to rising purchasing power along with changing consumer lifestyle that requires convenient access to various foods including fast foods and snacks under one roof or close by at home thereby driving the sales for extruded snacks over other forms such as fresh produce or ready-to-eat products sold through conventional retail channels.
Regional Analysis:
Europe was the largest market, accounting for more than 35.0% of global revenue in 2017. The region is expected to maintain its dominance over the forecast period owing to high consumption of extruded snacks and changing consumer preferences towards ready-to-eat products as compared to traditional ones. Furthermore, increasing health concerns among consumers are anticipated to drive demand for healthy options that do not contain preservatives and artificial flavors/colors in Europe.
Asia Pacific is projected to be one of the fastest growing regions with a CAGR exceeding 5.0% from 2018 to 2030 due snobesity growth in developing countries such as China and India on account of rising disposable income coupled with changing lifestyles which have resulted into increased demand for convenience food items such as extruded snacks at times when consumers need them most; between breakfast & lunch or mid-afternoon snack breaks enabling manufacturers operating within this industry space greater flexibility & customization across all channels including ecommerce platforms, direct distribution channels, restaurants etc.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increase in the demand for convenient foods such as extruded snacks. These snacks can be easily consumed on the go and do not require any preparation time, making them a popular choice among consumers.
- Rising disposable incomes: A rise in disposable incomes has resulted in an increase in spending on food and beverages, including extruded snacks. This is providing a boost to the market growth.
- Growing awareness about health and nutrition: There is a growing awareness among consumers about the importance of healthy eating habits, which is driving them towards healthier snack options such as extruded snacks made from whole grains and other natural ingredients.
- Innovative product offerings: Extruded snack manufacturers are constantly introducing new flavors and varieties of their products to appeal to different segments of consumers. This helps keep the market competitive and encourages people to switch over to these snacks from other unhealthy alternatives like processed foods or fast food items.. 5) increasing urbanization: As more people move into cities, there is an increased demand for convenient snacking options that can be enjoyed while on-the-go or during short breaks between work tasks
Scope Of The Report
Report Attributes
Report Details
Report Title
Extruded Snacks Market Research Report
By Type
Potato, Corn, Rice, Mixed Grains, Other
By Application
Hypermarkets and Supermarkets, Independent Retailers, Convenience Stores
By Companies
Calbee, Diamonds Foods, Frito-Lay, ITC, Kellogg's, Old Dutch Foods, Arca Continental, Amica Chips, Aperitivos Flaper, AUEVSS, Calbee, Bag Snacks, JFC International, Mondelez International, Universal Robina, Want Want Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Extruded Snacks Market Report Segments:
The global Extruded Snacks market is segmented on the basis of:
Types
Potato, Corn, Rice, Mixed Grains, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarkets and Supermarkets, Independent Retailers, Convenience Stores
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Calbee
- Diamonds Foods
- Frito-Lay
- ITC
- Kellogg's
- Old Dutch Foods
- Arca Continental
- Amica Chips
- Aperitivos Flaper
- AUEVSS
- Calbee
- Bag Snacks
- JFC International
- Mondelez International
- Universal Robina
- Want Want Holdings
Highlights of The Extruded Snacks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Potato
- Corn
- Rice
- Mixed Grains
- Other
- By Application:
- Hypermarkets and Supermarkets
- Independent Retailers
- Convenience Stores
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Extruded Snacks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Extruded snacks are a type of snack food that is made by extruding a mixture of ingredients through a die or nozzle. This process creates small, uniform pieces that can be shaped into various shapes and sizes.
Some of the key players operating in the extruded snacks market are Calbee, Diamonds Foods, Frito-Lay, ITC, Kellogg's, Old Dutch Foods, Arca Continental, Amica Chips, Aperitivos Flaper, AUEVSS, Calbee, Bag Snacks, JFC International, Mondelez International, Universal Robina, Want Want Holdings.
The extruded snacks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Extruded Snacks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Extruded Snacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Extruded Snacks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Extruded Snacks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Extruded Snacks Market Size & Forecast, 2020-2028
4.5.1 Extruded Snacks Market Size and Y-o-Y Growth
4.5.2 Extruded Snacks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Potato
5.2.2 Corn
5.2.3 Rice
5.2.4 Mixed Grains
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hypermarkets and Supermarkets
6.2.2 Independent Retailers
6.2.3 Convenience Stores
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Extruded Snacks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Extruded Snacks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Potato
9.6.2 Corn
9.6.3 Rice
9.6.4 Mixed Grains
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hypermarkets and Supermarkets
9.10.2 Independent Retailers
9.10.3 Convenience Stores
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Potato
10.6.2 Corn
10.6.3 Rice
10.6.4 Mixed Grains
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hypermarkets and Supermarkets
10.10.2 Independent Retailers
10.10.3 Convenience Stores
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Potato
11.6.2 Corn
11.6.3 Rice
11.6.4 Mixed Grains
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hypermarkets and Supermarkets
11.10.2 Independent Retailers
11.10.3 Convenience Stores
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Potato
12.6.2 Corn
12.6.3 Rice
12.6.4 Mixed Grains
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hypermarkets and Supermarkets
12.10.2 Independent Retailers
12.10.3 Convenience Stores
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Potato
13.6.2 Corn
13.6.3 Rice
13.6.4 Mixed Grains
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hypermarkets and Supermarkets
13.10.2 Independent Retailers
13.10.3 Convenience Stores
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Extruded Snacks Market: Competitive Dashboard
14.2 Global Extruded Snacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Calbee
14.3.2 Diamonds Foods
14.3.3 Frito-Lay
14.3.4 ITC
14.3.5 Kellogg's
14.3.6 Old Dutch Foods
14.3.7 Arca Continental
14.3.8 Amica Chips
14.3.9 Aperitivos Flaper
14.3.10 AUEVSS
14.3.11 Calbee
14.3.12 Bag Snacks
14.3.13 JFC International
14.3.14 Mondelez International
14.3.15 Universal Robina
14.3.16 Want Want Holdings
