Extruded Snack Food Market Size, Share, Growth Factors, Latest Trends and Forecast 2025-2033

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 2025-2033," The study provides a detailed analysis of the industry, including the global extruded snack food market share, size, growth, trends and forecast. 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 USD 53.1 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 72.0 billion by 2033, exhibiting a growth rate (CAGR) of 3.28% during 2025-2033.

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Factors Affecting the Growth of the Extruded Snack Food Industry:

• Changing consumer preferences:

Modern consumers are increasingly health-conscious, seeking snacks that align with their dietary needs and preferences. This trend is evident in the growing demand for snacks that are not only tasty but also perceived as healthier. Consumers are looking for products with reduced fat, low salt, and high nutritional value, including options that are gluten-free, high in protein, or fortified with vitamins and minerals. Additionally, there is a noticeable shift towards plant-based ingredients as more people adopt vegetarian or vegan diets. The appeal of clean labels, where products contain natural and recognizable ingredients, is also driving demand. These preferences are pushing manufacturers to innovate and create extruded snacks that cater to these evolving tastes while still delivering the desired texture and flavor.

• Technological innovations in food processing:

Technological advancements have significantly impacted the extruded snack food market, particularly through the development of advanced extrusion equipment and techniques. Extrusion technology allows for the creation of a wide variety of snack shapes, textures, and flavors, offering manufacturers the flexibility to innovate. This process involves cooking and shaping ingredients under high pressure and temperature, resulting in products with extended shelf life and consistent quality. Recent innovations include twin-screw extrusion, which provides better control over the production process and allows for the incorporation of a broader range of ingredients, including those that are heat-sensitive or require gentle handling. These technological improvements have enabled the production of snacks that meet diverse consumer demands, including healthier options while maintaining cost-effectiveness and scalability.

• Rising demand for convenience foods:

The global increase in urbanization and busy lifestyles has led to a surge in demand for convenient, ready-to-eat food products. Extruded snacks, which are typically packaged in single-serving sizes, are a popular choice among consumers looking for quick and easy food options. They are ideal for on-the-go consumption, fitting seamlessly into the fast-paced lives of modern consumers. The convenience factor is further enhanced by the variety of flavors and forms available, making these snacks appealing to a broad demographic, including children, young adults, and busy professionals. The growing popularity of online shopping and the expansion of distribution channels have also made it easier for consumers to access a wide range of extruded snack products, further driving market growth.

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Extruded Snack Food Market Report Segmentation:

Breakup by Type:

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

Potato-based extruded snacks are highly popular due to their versatility, wide appeal, and the variety of flavors and textures they offer.

Breakup by Distribution Channel:

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

Supermarkets and hypermarkets dominate the market because they offer a vast selection of extruded snacks, making them a convenient and preferred shopping destination for consumers seeking variety and bulk purchases.

Breakup By Region:

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

Europe leads the market, driven by strong consumer preferences for convenient, on-the-go snack options and a well-established retail infrastructure.

Global Extruded Snack Food Market Trends:

The increasing global brand recognition and marketing efforts, which raise consumer awareness and attract new customers are presenting lucrative opportunities for market expansion. Additionally, the expansion of product lines into premium and gourmet segments is appealing to more affluent and discerning consumers, further boosting the market demand. Besides this, the increasing availability of innovative flavors and ingredient blends, catering to adventurous and culturally diverse taste preferences is impelling the market growth. Furthermore, extensive collaborations between food brands and entertainment franchises are creating limited-edition snacks, attracting collectors and boosting sales among niche consumer groups.

Who are the key players operating in the industry?

The report covers the major market players including:

• Arca Continental S.A.B de C.V.
• Axium Foods, Inc.
• Schenck Process Holding GmbH
• Bunge Loders Croklaan Group B.V. (Bunge Limited)
• Groupe Legris Industries
• Snacks Développement SAS (Europe Snacks Group)
• Shearer's Foods LLC

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This release was published on openPR.