Extruded Snacks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Extruded Snacks Market size is expected to grow at an annual average of 3% during 2021-2027. Extruded Snacks Market is projected to grow at a significant CAGR during the forecast period.Large intake of extruded snacks at round-the-clock meals by consumers is a key factor in boosting market growth. They are also commonly consumed at parties, small or large events, entertainment centres, theatres, and numerous other venues. Extruded snacks are often widely eaten by consumers during their leisure time, travel, and even when they are busy but hungry.These market dynamics are expected to fuel demand for extruded snacks over the forecast period.
Extruded snacks have a significant quantity of starch, allowing the commodity to stay intact during mass processing. Via the extrusion process, the mass processing of snacks is an effective process that confirms the consistency of the finished product.
In addition, extruded snacks contain a low amount of moisture (around 4-6 per cent) which makes them stable and increases their shelf life. These safe, nutrient-rich goods are considered perfect for alleviating malnutrition in the developing world. Modern extruded snacks paved the way for the use of various nutrient-rich ingredients to produce both nutritious and attractive items.

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The following segmentation are covered in this report:

By Manufacturing
• Single-screw extruder
• Twin-screw extruder

By Distribution Channel
• Convenience stores
• Hypermarkets & supermarkets
• E-commerce platforms
• Other distribution channels (Non grocery, mixed retailers, etc)

By Type
• Simply extruded
• Expanded
• Co-extruded

Company Profile
• Diamond Foods
• Kellogg’s
• ITC
• Old Dutch Foods
• Frito-lay and Amica Chips
• Mondelez International

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Scope of the report
The research study analyses the Extruded Snacks Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments
• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage
• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Extruded Snacks Market Report
• What was theExtruded Snacks Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of 3% Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Extruded Snacks Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.