Extruded Snacks Market to see immense Growth by 2025 | Leading Companies- Diamond Foods, Calbee, ITC, Frito-Lay, Kellogg, Bag Snacks

Extruded Snacks Market Insights and Trends:

The latest Market report by a Data Bridge Market Research with the title [Global Extruded Snacks Market - Industry Trends and Forecast to 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 Extruded Snacks report helps you to be there on the right track by making you focus on the data and realities of the industry. 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. Leading manufacturers covered in the report are: Diamond Foods, Inc., Calbee, Inc., ITC Limited, Frito-Lay, Inc., Kellogg Company, Bag Snacks, and Old Dutch Foods, Inc. Want Want Holdings Limited, Arca Continental S.A.B. de C.V., Axium Foods, and others.

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The study considers the Extruded Snacks Market value and volume generated from the sales of the following segments:
Major Market manufacturers covered in the Extruded Snacks Market are:
Diamond Foods, Inc., Calbee, Inc., ITC Limited, Frito-Lay, Inc., Kellogg Company, Bag Snacks, and Old Dutch Foods, Inc. Want 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., and AUEVSS Ltd , Amica Chips, Mondelez International, JFC International, Aperitivos Flaper, Universal Robina and Arca Continental

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.

Based on regions, the Extruded Snacks Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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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

The report covers major aspects:

1. 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.
2. 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.
3. 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.

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This release was published on openPR.