India Extruded Snack Food Market Set to Hit US$ 1,064.0 Million, 6.1% of CAGR During 2023-28 | IMARC Group

The latest report by IMARC Group, titled "India Extruded Snack Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the India extruded snack food market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The India extruded snack food market size reached US$ 538.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,064.0 Million by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.

Extruded snack food refers to a variety of snack products that are made through a process called extrusion. This process involves mixing raw materials, such as grains, starches, and proteins, which are then subjected to high pressure and temperature through an extruder. The resulting mixture is then shaped and cut into various snack shapes, such as chips, sticks, and puffs. Extruded snack foods are popular because they are convenient, easy to consume, and come in various flavors and textures. They are often marketed as a healthier alternative to traditional snack foods, as they can be made with healthier ingredients and are typically lower in fat and calories.

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India Extruded Snack Food Market Trends:

The market in India is majorly driven by the increasing demand for healthy and nutritious snack options. In line with this, the convenience and portability of the snacks are significantly contributing to the market. Furthermore, consumers' busy and on-the-go lifestyles are positively influencing product demand. Apart from this, the introduction of new and innovative flavors and shapes is catalyzing the market.

Moreover, the rising popularity of snacking culture and the growing awareness of gluten-free and low-fat products are propelling the market. Besides, the expansion of organized retail chains and modern trade outlets is strengthening product sales worldwide. Additionally, the escalating popularity of extruded snack food among children and youth and heavy investments in advertising and promotional activities by manufacturers are providing a boost to the market.

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-extruded-snack-food-market

Key Market Segmentation:

Breakup by Type:

• Potato
• Corn
• Rice
• Tapioca
• Mixed Grains
• Others

Breakup by Distribution Channel:

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Food Stores
• Online Retail
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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This release was published on openPR.