Global Extruded Snacks Market Growth 2024-2030

Global Extruded Snacks Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Extruded Snacks market size was valued at US$ 25370 million in 2023. With growing demand in downstream market, the Extruded Snacks is forecast to a readjusted size of US$ 31000 million by 2030 with a CAGR of 2.9% during review period.

The research report highlights the growth potential of the global Extruded Snacks market. Extruded Snacks are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Extruded Snacks. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Extruded Snacks market.

Extruded snacks are products produced by either direct or indirect extrusion. The extrusion technology can produce a wide array of products, and the process is time effective, simple, and offers flexible designing with the product.

The potatoes segment is the largest product segment in the extruded snacks market and accounted for around 34% of the total market share. Increasing per capita consumption in the developed regions like Europe and North America is a major driver for the growth of the extruded potato snacks segment. Moreover, the changing taste preferences from various regions has motivated the global vendors to introduce region-specific flavored snacks, which will further spur this segment’s growth over the next few years.

Key Features:

The report on Extruded Snacks market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Extruded Snacks market. It may include historical data, market segmentation by Type (e.g., Potato, Corn), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Extruded Snacks market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Extruded Snacks market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Extruded Snacks industry. This include advancements in Extruded Snacks technology, Extruded Snacks new entrants, Extruded Snacks new investment, and other innovations that are shaping the future of Extruded Snacks.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Extruded Snacks market. It includes factors influencing customer ' purchasing decisions, preferences for Extruded Snacks product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Extruded Snacks market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Extruded Snacks market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Extruded Snacks market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Extruded Snacks industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Extruded Snacks market.

Market Segmentation:

Extruded Snacks market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type

Potato

Corn

Rice

Mixed Grains

Other

Segmentation by application

Hypermarkets and Supermarkets

Independent Retailers

Convenience Stores

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Calbee

Diamonds Foods

Frito-Lay

ITC

Kellogg's

Old Dutch Foods

Arca Continental

Amica Chips

Aperitivos Flaper

AUEVSS

Axium Foods

Bag Snacks

JFC International

Mondelez International

Universal Robina

Want Want Holdings

Key Questions Addressed in this Report

What is the 10-year outlook for the global Extruded Snacks market?

What factors are driving Extruded Snacks market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Extruded Snacks market opportunities vary by end market size?

How does Extruded Snacks break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.