Extruded Snack Food Market Size, Share, Leading Companies, Growth Factors and Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled "𝐄𝐱𝐭𝐫𝐮𝐝𝐞𝐝 𝐒𝐧𝐚𝐜𝐤 𝐅𝐨𝐨𝐝 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖", The study provides a detailed analysis of the industry, including the global extruded snack food market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the extruded snack food market?

The global extruded snack food market size reached US$ 49.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 62.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.86% during 2023-2028.

What is Extruded Snack Food?

Extruded snack foods are popular snack items that are manufactured through the extrusion process. This method involves pushing raw materials through a machine to create specific shapes, textures, and flavors. These snacks are crafted using specialized techniques like mixing, cooking, shaping, and drying to achieve the desired taste, crunchiness, and appearance. Extruded snacks are known for their diversity, convenience, and consistency, aligning with the modern consumer's desire for on-the-go eating options. They come in various forms, flavors, and packaging, including puffs, crisps, and nutritionally enhanced versions, to cater to various consumer preferences and dietary requirements. Key elements in the production of extruded snack foods include high-quality raw materials like grains and pulses, advanced extrusion equipment, precise seasoning methods, and attractive packaging designs.

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/extruded-snack-food-manufacturing-plant/requestsample

Extruded Snack Food Market Trends:

The extruded snack food market is experiencing significant global growth due to various factors. One of the key drivers is the increasing demand for a variety of convenient snack options. This demand has been fueled by urbanization and changes in lifestyle. Extruded snack foods are particularly popular in this context because of their great taste, long shelf life, and ability to adapt to new flavors. Technological advancements in the way these snacks are made and in the development of flavors have also played a role in expanding the market. Furthermore, there is a growing desire for extruded snack options from different retail channels, including supermarkets, convenience stores, and online platforms. These channels are looking to offer unique and convenient extruded snacks to meet customer demands. Additionally, the market is benefiting from increased attention to food quality, nutritional labeling, and hygiene standards due to regulations. The global food and retail landscape, as well as government policies promoting food safety and providing consumer information, are helping drive the market in a positive direction. Investments in research to create new types of extruded snacks and the emergence of companies specializing in snack food manufacturing and distribution are also contributing to the market's growth on a global scale.

Extruded Snack Food Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

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

Key Market Segmentation:

The report has segmented the extruded snack food market on the basis of breakup by type. distribution channel and region.

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 America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐁𝐫𝐨𝐰𝐬𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞: https://www.imarcgroup.com/request?type=report&id=638&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

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This release was published on openPR.