Daten aus dem Cache geladen. Extruded Snacks Market Research USD 54.3 billion in 2021 USD 72.6...

Extruded Snacks Market Research USD 54.3 billion in 2021 USD 72.6 billion by 2030

0
2K

Market Outlook

Extrusion is defined as a process where several manufacturing operations are combined. Such operations include cooking, forming, kneading, mixing, shaping, and shearing. Snacks manufactured via the extrusion process are called extruded snacks. In a new report on the global extruded snacks market, published by Market Research Future (MRFR), Global Extruded Snacks Market The global extruded snacks market was Value estimated to account for USD 54.3 billion in 2021 and is projected to reach USD 72.6 billion by 2030, recording a CAGR of 7.2 % during the forecast period

The worth-noting Extruded Snacks Market Research driving factor for the global Extruded Snacks Market Trends growth is the surging demand for ready-to-eat food that is a result of the increasing working population and rising demand. The trend of healthy snacking emerging from the availability of low-cholesterol snacks that provides required nutrients and vitamins to the body is creating a market among the health-conscious population. Hence, the penetration of extruded snacks market is increasing the snacks market. Aggressive marketing strategies and attractive packaging by market players can also aid market growth. Other global extruded snacks market driving factors that can progress the market growth include technological advancement leading to better extrusion operations, changing lifestyles, and changing consumer patterns. However, intense competition among established market players is adding fuel to the research and development (R&D) initiatives for extruded snacks. Hence, the market growth can slow down as the entry of new market players is becoming difficult.

Market Segmentation

The global extruded snacks market industry segmentation encompasses distribution channel, source, and type. MRFR’s research on the market highlights many facets of the market in-depth.

In the context of the distribution channel, this market has been segmented into store-based distribution channels and non-store-based distribution channels. The store-based distribution channel holds the lion's share in the market with hypermarkets and supermarkets emerging as the major contributors. The segment is large as customers visiting the stores can experience self-picking shopping, and multiple brand options are available to them.

The source-based segmentation of the meat snacks market covers corn, mixed grain, potato, rice, tapioca, and others. Although the potato segment holds the largest market share, the corn segment and the rice segment are expecting notable growth in the coming years.

By type, the market has been segmented into savory and sweet. The savory segment is dominating the market, and during the forecast period, it can grow substantially.

Regional Segmentation

A geographical outlining of the global Extruded Snacks Market Outlook covers Asia Pacific, North America, Europe, and Rest of the World (RoW).

The Asia Pacific region dominates the market as a wide range of products are available to consumers at reasonable prices. India is a major contributor to the market revenue as snacks are not only manufactured in India but are also sold internationally. Due to the high density of population, China is another major market in this region, followed by Australia and Japan. An examination of the remaining countries in the Asia Pacific region featured in this report adds the extra market revenue from some other countries.

In North America, corn-based snacks are the most popular. The major factor for market growth is continuous innovations and intense competition among key players, many of whom are based in the USA. The regional market is growing due to increasing consumer inclination towards healthy snacking. After the USA, Canada and Mexico generate maximum market revenue.

Like North America, the market in Europe is also growing substantially due to the craze among consumers for healthy snacking. In Europe, potato-based snacks are most popular. Countries that are the cream of the European market are France, Germany, Italy, Spain, and the UK. Research on the remaining countries in Europe featured in this report calculates the strong addition to market revenue from various other countries in this region.

The RoW segment covers the uncategorized countries in the world. Among those countries, the most important markets are Argentina, Brazil, and South Africa. In comparison to the Middle East and Africa, Latin America can be a bigger market during the forecast period.

Key Players

Big players in the global extruded snacks market report are Calbee Inc. (Japan), Diamond Foods Inc. (USA), Frito-Lay North America Inc (USA), ITC Limited (India), Kellogg Co. (USA), Mondelez International Inc. (USA), and Old Dutch Foods Inc. (USA).

Latest Industry News

·         GoGo squeeZ® is introducing Limited Edition Halloween Packs that contain healthy portable and squeezable snacks for kids. 25 SEP 2019

Frequently Asked Questions (FAQ):

What is the forecast period for the Global Extruded Snacks Market?

Ans: The Forecast period for the Extruded Snacks Market Is 2020-2028.

Căutare
Categorii
Citeste mai mult
Health
Protein Engineering Market Growth Analysis | 2031
Protein Engineering Market Overview? : The Protein Engineering Market Report is a treasured...
By Shyam Kumar 2024-09-18 09:57:12 0 264
Alte
Food Preservatives Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus
Global Food Preservatives Market - Industry Trends and Forecast to 2030 Global Food...
By Dbmr Market 2025-01-22 06:36:55 0 5
Alte
Medical Device Vigilance: Ensuring Patient Safety Through Early Risk Detection
Medical device vigilance refers to the systematic ongoing collection and assessment of...
By Purvaja Jadhao 2024-03-20 13:00:52 0 1K
Jocuri
Unlock the Power of Legacy Items in Diablo 4: Top Legacy Items for Sale and How to Acquire Them
Unlock the Power of Legacy Items in Diablo 4: Top Legacy Items for Sale and How to Acquire Them...
By Minorescu Jone 2025-01-07 15:10:17 0 3
Networking
Managed Network Switches Market To Increase At Steady Growth Rate Till 2032
The managed network switches market is experiencing substantial growth, driven by the...
By Aditya Jaiswal 2024-07-19 10:45:19 0 682