Extruded Snacks Market Size By Application, Industry Analysis Report, Regional Outlook (Europe, North America, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030
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.
Hypermarkets and supermarkets contributed to a significant share of extruded snacks market and accounted for more than 53% of the overall market revenue. These stores are equipped with multiple options and varieties of extruded snacks from various brands. Consumers prefer hypermarkets and supermarkets for their shopping due to the in-store promotions by retailers and price comparisons. The high level of manufacturer dependence on the shelf space of these channels will propel the growth prospects of this segment in the future.
The Global Extruded Snacks Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Extruded Snacks Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Calbee
Diamonds Foods
Frito-Lay
ITC
Kelloggs
Old Dutch Foods
Arca Continental
Amica Chips
Aperitivos Flaper
AUEVSS
Axium Foods
Bag Snacks
JFC International
Mondelez International
Universal Robina
Want Want Holdings
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Potato
Corn
Rice
Mixed Grains
Other
In Market segmentation by applications :
Hypermarkets and Supermarkets
Independent Retailers
Convenience Stores
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Extruded Snacks Market for the forecast period 2023-2030?
• What are the driving forces in the Extruded Snacks Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Extruded Snacks industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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