As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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 food market. According to a new report by Expert Market Research, the market reached a value of US$ 80 Billion in 2018 and is further expected to reach US$ 95 Billion by 2025.
Key findings from the report:
Expert Market Research has analysed the global extruded snack food market according to feedstock, major regions and top players:
Market breakup by Feedstock
Market breakup by Region
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.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.