Press Releases

Global Extruded Snack Food Market to Reach US$ 61 Billion by 2024

"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 food market. According to a new report by Expert Market Research, the market reached a value of US$ 54 Billion in 2018 and is further expected to reach US$ 61 Billion by 2024.   

 

Global Extruded Snack Food Market

 

  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 2018. 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 2018. 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

 

About Us

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.

Contact Us

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Purchase Options  

Buy Now  

Call us on

( USA & Canada : )
+1-415-325-5166,
us.sales@expertmarket
research.com
( United Kingdom : )
+44-702-402-5790,
uk.sales@expertmarket
research.com
Send Enquiry  

"Extruded Snack Food Market: By Region: Asia Pacific, North America, Europe; By Feedstock: Corn, Wheat, Rice, Potato, Tapioca, Oats; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); SWOT Analysis; Porters Five Forces Analysis; Competitive Landscape; Setting Up an Extruded Snack Food Manufacturing Plant; Capital Investments; Operating Expenditures; Project Economics"

Why Expert Market Research?

Right People

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.

Right Methodology

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.

Right Price

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.

Right Support

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.

Similar Reports

Global Dairy Alternative Market Report and Forecast 2019-2024

The global dairy alternative market attained a value of USD 14.5 billion in 2018. It is expected to witness a further robust growth in the forecast period of 2019-2024, growing at a CAGR of 12%. The m...

  • Pre-Order Available
  • Price: $ 2399
Indian Tea Market Report and Forecast 2019-2024

The tea market in India is being driven by the healthy production and consumption of the beverage. In 2018, nearly 1.08 million tons of tea was consumed in the country. The market in the country is pr...

  • Pre-Order Available
  • Price: $ 2399
Global Tea Market Report and Forecast 2019-2024

During 2014-2018, the global tea market grew at a CAGR of around 5%. The market is currently being driven by an increasing demand for healthier beverages, RTD (Ready-to-drink) teas, growing demand in ...

  • 24 Hour Email Delivery
  • Price: $ 2999
Frozen Finger Chips Market Report and Forecast 2019-2024

During 2014-2018, the global frozen finger chips market grew at a CAGR of around 4%. The market is currently being driven by a growing popularity of finger chips among the youth, changing food prefere...

  • 24 Hour Email Delivery
  • Price: $ 2999
Global Bakery Products Market Report and Forecast 2019-2024

During 2019-2024, the global bakery products market is expected to grow at a CAGR of 2.7%. Currently, the market is being driven by increasing disposable incomes, higher standards of living, shiftin...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.