Press release
Extruded Snack Food Market - Major Technology Giants in Buzz Again | PepsiCo (United States), Yellow Diamond (India), General Mills (United States)
According to HTF Market Intelligence, the Global Extruded Snack Food market to witness a CAGR of 5.3% during the forecast period (2024-2030). The Latest Released Extruded Snack Food Market Research assesses the future growth potential of the Extruded Snack Food market and provides information and useful statistics on market structure and size.This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Extruded Snack Food market. The Extruded Snack Food market size is estimated to increase by USD 98.76 Billion at a CAGR of 5.3% by 2030. The report includes historic market data from 2024 to 2030. The Current market value is pegged at USD 60.42 Billion.
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The Major Players Covered in this Report: PepsiCo (United States), Kraft Foods (United States), Kellogg's (United States), General Mills (United States), Old Dutch Foods, Inc. (United States), Calbee America Inc. (United States), ITC Limited (India), Modelez International, Inc. (United States), The Hershey Company (United States), Tutichip (Spain), Shearer's Foods, LLC (United States), Yellow Diamond (India), Axium Foods, Inc. (United States), CK Snacks (United States)
Definition:
The extruded snack food market refers to the segment of the food industry that focuses on the production and sale of snacks that are made through the process of extrusion. Extrusion is a manufacturing process in which a mixture of ingredients, typically grains or starches, is forced through a die under high pressure and temperature to create a specific shape and texture.
Market Trends:
• The demand for extruded snack foods is driven by the increasing popularity of convenience and on-the-go snacking.
• Consumers are seeking ready-to-eat snacks that are convenient, affordable, and easily accessible, leading to the growth of the extruded snack food market.
Market Drivers:
• The growing health and wellness trend is a major driver of the extruded snack food market.
• Consumers are increasingly seeking healthier snack options, and the demand for extruded snacks made with low-fat, low-sugar, whole-grain, and gluten-free ingredients is on the rise.
Market Opportunities:
• The growing demand for healthy snack options provides an opportunity for the extruded snack food market.
• Manufacturers can develop low-fat, low-sugar, whole-grain, and gluten-free extruded snacks to cater to this demand.
Market Challenges:
• One of the challenges in the extruded snack food market is finding the right balance between taste and health benefits.
• Consumers are increasingly seeking healthier snack options, but taste remains a crucial factor in their purchasing decisions.
Market Restraints:
• Fluctuations in the prices of raw materials, such as grains, oils, and flavorings, can pose a challenge for manufacturers in the extruded snack food market.
• These price fluctuations can impact the profitability and pricing strategies of companies.
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The titled segments and sub-sections of the market are illuminated below:
In-depth analysis of Extruded Snack Food market segments by Types: Potato Based Snack (Potato Chips, Potato Sticks, Others), Corn Based Snack (Corn Curl, Chees Puff, Others), Rice Based Snack (Rice Crackers, Rice Sticks, Others), Multigrain Snacks
Detailed analysis of Extruded Snack Food market segments by Applications: Bakery, HoReCa, Household
Major Key Players of the Market: PepsiCo (United States), Kraft Foods (United States), Kellogg's (United States), General Mills (United States), Old Dutch Foods, Inc. (United States), Calbee America Inc. (United States), ITC Limited (India), Modelez International, Inc. (United States), The Hershey Company (United States), Tutichip (Spain), Shearer's Foods, LLC (United States), Yellow Diamond (India), Axium Foods, Inc. (United States), CK Snacks (United States)
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report:
- -To carefully analyse and forecast the size of the Extruded Snack Food market by value and volume.
- -To estimate the market shares of major segments of the Extruded Snack Food market.
- -To showcase the development of the Extruded Snack Food market in different parts of the world.
- -To analyse and study micro-markets in terms of their contributions to the Extruded Snack Food market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Extruded Snack Food market.
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Extruded Snack Food market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Global Extruded Snack Food Market Breakdown by Application (Bakery, HoReCa, Household) by Type (Potato Based Snack (Potato Chips, Potato Sticks, Others), Corn Based Snack (Corn Curl, Chees Puff, Others), Rice Based Snack (Rice Crackers, Rice Sticks, Others), Multigrain Snacks) by Sales Channel (Supermarkets, Convenience Store, Online Stores, Other) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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Key takeaways from the Extruded Snack Food market report:
- Detailed consideration of Extruded Snack Food market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
- Comprehensive valuation of all prospects and threats in the
- In-depth study of industry strategies for growth of the Extruded Snack Food market-leading players.
- Extruded Snack Food market latest innovations and major procedures.
- Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Extruded Snack Food market for forthcoming years.
Major questions answered:
- What are influencing factors driving the demand for Extruded Snack Food near future?
- What is the impact analysis of various factors in the Global Extruded Snack Food market growth?
- What are the recent trends in the regional market and how successful they are?
- How feasible is Extruded Snack Food market for long-term investment?
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Major highlights from Table of Contents:
Extruded Snack Food Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Extruded Snack Food Market Share, Changing Dynamics and Growth Forecast 2024-2030 market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Extruded Snack Food Market Share, Changing Dynamics and Growth Forecast 2024-2030 Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Extruded Snack Food Market Production by Region Extruded Snack Food Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Extruded Snack Food Market Report:
- Extruded Snack Food Overview, Definition and Classification Market drivers and barriers
- Extruded Snack Food Market Competition by Manufacturers
- Extruded Snack Food Capacity, Production, Revenue (Value) by Region (2024-2030)
- Extruded Snack Food Supply (Production), Consumption, Export, Import by Region (2024-2030)
- Extruded Snack Food Production, Revenue (Value), Price Trend by Type {Potato Based Snack (Potato Chips, Potato Sticks, Others), Corn Based Snack (Corn Curl, Chees Puff, Others), Rice Based Snack (Rice Crackers, Rice Sticks, Others), Multigrain Snacks}
- Extruded Snack Food Market Analysis by Application {Bakery, HoReCa, Household}
- Extruded Snack Food Manufacturers Profiles/Analysis Extruded Snack Food Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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