Extrusion cooking is a popular means of preparing snacks and ready-to-eat foods like breakfast cereals, puffed food products, pet foods, etc. Extruded snacks are mainly manufactured from corn, wheat, rice, potato, tapioca and other cereals. The demand of extruded snack foods is increasing day-by-day as they are low in calories, healthy, tasty, easily affordable and quick to make. During 2014-2018, the global extruded snack food market grew at a CAGR of around 6% and is further expected to witness a strong growth during the forecast period. The market is currently being driven by increasing urbanisation rates, rising disposable incomes, changing lifestyles and food habits, especially among the younger generation. This report by Expert Market Research entitled “Extruded Snack Food Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the extruded snack food market.
Historical market trends for the extruded snack food industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global extruded snack foods market into the following regions – North America, Asia-Pacific, Europe and others. Europe currently represents the largest market. On the basis of the feedstock type, the global market for extruded snack foods has been segmented as corn, wheat, rice, potato, tapioca and oats extruded snacks.
The value chain analysis for extruded snack food industry has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the extruded snack food industry has also been provided. Some of the key players in this market include PepsiCo, Kraft Foods, Mars-Wrigley, Nestle and Hershey.
This report provides an exhaustive insight for setting up and running an extruded snack food manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global extruded snack food?
- Which are the biggest markets (regions) for extruded snack food?
- What are the major types of extruded snack food? Which are the most popular?
- Who are the key manufacturers in the extruded snack food market?
- What are the land and construction requirements to start an extruded snack food manufacturing plant?
- What are the machinery requirements to start an extruded snack food manufacturing plant?
- How are extruded snack foods priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start an extruded snack food manufacturing plant?
- What are the running costs of an extruded snack food manufacturing plant?
- How much revenue can an extruded snack food manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the extruded snack food industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.