Press release
Extruded Snacks Market : Boosting CAGR of + 4.2% with Top Key Players(Diamond Foods, Inc., Calbee, Inc., ITC Limited, Frito-Lay, Inc.) Growth, Size, Analysis, Competitive Landscape and Forecast till 2025
The Global Extruded Snacks Market is projected to reach USD 29.34 billion in 2017 and is projected to grow at a CAGR of 4.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 201, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Extruded Snacks Market is segmented by, By Product Type (Potato, Corn, Rice, Tapioca, Wheat, Oats, Mixed Grains, Others), By Type of Extruders (Single-Screw Extruders, Twin-Screw Extruders), By Distribution Channel (Hypermarkets, Supermarkets, Independent Retailers, Convenience Stores.). By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2025
Complete report on Global Extruded Snacks Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Extruded Snacks Market
Extrusion technique when used in food processing it is known as food extrusion. It is a procedure by which a number of assorted ingredients are forced through an opening in a holed die or plate with a pattern explicit to the food. There is a growing demand for Extruded Snacks in Retail Industry, which is expected to be one of the major drivers of the market over the next seven years. The demand of extruded snacks is increasing with rising demand of convenience food, consumer preference for attractive, taste & texture of the food product. The quality of the extruded snacks depends on the processing conditions for extrusion which includes the quality of raw materials, moisture content, barrel temperature, screw speed and screw configuration. Cereal grains are commonly used as raw material for extruded snacks. According to article published by Agriculture and Agri-Food Canada, in 2015, extruded snacks accounted for 12.1% of the market share in the U.S. snacks product market. According to an article published National Confectioners Association, the demand of extruded snacks in Asia-Pacific and Latin America is increasing since the extruded snacks segment offers a wide variety of versatile options which meets varying consumer requirements such as taste, texture healthy options availability among others.
Key Questions Answered in Global Extruded Snacks Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Extruded Snacks Market in 2025?
• What are the key factors driving, Analysis by Applications and Countries Global Extruded Snacks Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Extruded Snacks Market?
• Who are Opportunities, Risk and Driving Force of Global Extruded Snacks Market?
• Who are the opportunities and threats faced by the vendors in Global Extruded Snacks Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Extruded Snacks Market opportunities, market risk and market overview of the Market?
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Top Key Players:
• Diamond Foods, Inc.
• Calbee, Inc.
• ITC Limited
• Frito-Lay, Inc.
• Kellogg Company
• Bag Snacks and Old Dutch Foods, Inc.
• Want Holdings Limited
• Arca Continental S.A.B. de C.V.
• Axium Foods, Inc.
• JFC International, Inc.
• Aperitivos Flaper
• Mondelez International
• Amica Chips S.P.A.
• Universal Robina Corp.
• AUEVSS Ltd
• Amica Chips
• Mondelez International
• JFC International
• Aperitivos Flaper
• Universal Robina
• Arca Continental
• many more.
Major market drivers:
• Changing Consumption Habits of the Consumers.
• Marketing Strategies and Attractive Packaging.
• Growth in the Retail Industry.
• Lower Prices of Products, Affordable to everyone.
Market Restraint:
• Growing Health Concerns.
• Competition from Local Manufacturers.
• Increased Cost of Raw Material and Production Cost
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Key Reasons to Purchase:
• To gain insightful analyses of the market and have comprehensive understanding of the Global Extruded Snacks Market and its commercial landscape.
• Assess the Extruded Snacks production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the Extruded Snacks Market and its impact in the Global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for Global Extruded Snacks Market.
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Market Segmentations:
Global Extruded Snacks Market is segmented on the basis of
• Product Type
• Type of Extruders
• Distribution Channel
• Geography
Market Segmentations in Details:
On the basis of Product Type, the market is segmented into Potato, Corn, Rice, Tapioca, Mixed Grains, Others.
On the basis of Type of Extruders which includes single-screw extruders, twin-screw extruders.
On the basis of Distribution Channel, the market is segmented into hypermarkets, supermarkets, independent retailers, and convenience stores.
On the basis of Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Competitive Landscape: Global Extruded Snacks Market
The Global Extruded Snacks Market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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