Global Extruded Snack Food Market to Reach US$ 59 Billion by 2022

Extrusion has developed as an essential process in the manufacturing of various food products. This process generally leads to the puffing and changing of texture of the food product. Some of the extruded snack food products are French fries, pasta, oats, corn curls, crispy flat breads, jelly beans, toffees, etc. Along with being tasty, these extruded snack foods are cost-friendly, can be easily cooked and have a high starch content.

In recent years, the rapidly increasing consumption of extruded snack foods has been registered on account of several factors. Rising health consciousness among the consumers coupled with hectic lifestyles with more time spent at work has led to a change in the consumption patterns of consumers. As a result, manufacturers are coming up with healthier and nutritional options which contain healthier ingredients such as high protein foods, vegetables and legumes with relatively less cholesterol and calorie amounts. Moreover, rising population, increasing disposable incomes, urbanisation rates and a growing demand from emerging markets have further facilitated the growth of the global extruded snack foods market. According to a new report by Expert Market Research, the market reached a value of US$ 52 Billion in 2016 and is further expected to reach US$ 59 Billion by 2022.

To request a sample copy or view summary of this report, click on the link:http://www.expertmarketresearch.com/request?type=report&id=15&flag=B

Key findings from the report:

Various types of feedstocks include corn, wheat, rice, potato, tapioca, oats and others.

Region-wise, Europe dominated the market with a share of more than 40% in 2016. It was followed by Asia-Pacific, North America and others.

Being fragmented in nature, the global extruded snack food market is surrounded by a number of small and big players. PepsiCo was the biggest player in 2016. Some of the other players include Kraft Foods Inc., Mars-Wrigley, Nestle and Hershey.

These players are focussing on various marketing tactics such as pricing strategies in order to reach a wide consumer base.

Expert Market Research has analysed the global extruded snack food market according to feedstock, major regions and top players:

Market breakup by Feedstock
Corn
Wheat
Rice
Potato
Tapioca
Oats
Others

Market breakup by Region
Asia-Pacific
North America
Europe
Others

Top players
PepsiCo
Kraft Foods Inc.
Mars-Wrigley
Nestle
Hershey

Read Full Extruded Snack Food Market Report - http://www.expertmarketresearch.com/reports/extruded-snack-food-market

Find more reports related to Food & Beverages Market Research @ http://www.expertmarketresearch.com/categories/food-beverages-market-reports

Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.

With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.

Expert Market Research
85 Broad St
New York, NY 10004
United States
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

This release was published on openPR.