The 2023-2028 World Outlook for Extruded Snacks

The 2023-2028 World Outlook for Extruded Snacks

This study covers the world outlook for extruded snacks across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of extruded snacks as including all commonly understood products falling within this broad category, such as camera, frame grabber, optic, light emitting-diode (LED) lighting, processor, and software components; PC and smart camera systems; and machine vision used for quality assurance, positioning and guidance, measurement, and identification, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Amica Chips, Aperitivos Flaper, Arca Continental, AUEVSS, Ltd., Axium Foods, Inc., Bag Snacks, Balance Foods, Ballreich Snack Food Company, Barrel O' Fun Snack Foods Company, Inc., Calbee, Campbell Soup Company, Chipita SA, Diamond Foods, Frito-Lay, General Mills, Griffin’s Foods, Ltd., Griffin’s Foods, Ltd., Grupo Bimbo, S.A.B., ICA Foods International, ITC, JFC International, Kellogg Company, Lorenz Snack-World, Mondelez International, Nestlé, Old Dutch Foods, PepsiCo, SAN Carlo, The Kellogg Company, Tropical heat, Universal Robina, and Want Want Holdings. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).