Report ID : AMR1004261 | Industries : | Published On :December 2023 | Page Count : 213
Global Extruded Snacks Market: By Type (Simply Extruded, Expanded, and Co-extruded), By Ingredient (Potato, Wheat, Corn, Rice, and Others), By Distribution Channel (Offline and Online), and Region – Cumulative Growth Opportunities Analysis, Size, Share, Trends, and Industry Forecast Till 2030.
Global Extruded Snacks Market
The Global Extruded Snacks Market was valued at USD 60.66 billion in 2022 and is expected to reach USD 98.34 billion by 2030 at a CAGR of 5.64% from 2023-2030.
Extruded snacks are a category of processed snack foods made from a mixture of ingredients, including grains, cereals, starches, and flavorings. The production process involves forcing this mixture through a machine called an extruder, which uses heat, pressure, and shaping dies to create various snack shapes and textures. These snacks can take the form of puffed, crunchy, or textured pieces and are often seasoned with a variety of flavors like cheese, spices, or condiments.
Market Drivers
The global extruded snacks market is primarily driven by the changing consumer lifestyles and preferences, including a growing demand for convenient and on-the-go snack options. Extruded snacks are known for their ease of packaging and long shelf life, making them a popular choice for busy individuals.
Secondly, innovation in flavor profiles and ingredients, including healthier and more diverse options, attracts consumers seeking unique and nutritionally balanced snack choices. Manufacturers continually introduce new flavors and healthier formulations to cater to a broad customer base.
Market Restraints
The global extruded snacks market growth can be slowed due to the concerns related to the health impact of these snacks, often due to high levels of sodium, artificial additives, and low nutritional value. Health-conscious consumers may seek healthier snack alternatives.
Moreover, the market's competitive nature poses a challenge. The snack industry is saturated with various snack options, including both healthy and indulgent alternatives, creating fierce competition for consumer attention.
Market Segmentation
The scope of the global Extruded Snacks market covers segmentation based on type, ingredient, distribution channel, and region.
Based on the type, the market is segmented into simply extruded, expanded, and co-extruded. Based on ingredients, the market is segmented into potato, wheat, corn, rice, and others. On the basis of distribution channel, the market is segmented into offline and online.
Regional Analysis
The Global Extruded Snacks Market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia-Pacific region is expected to witness fast growth in the global extruded snacks market. This growth is driven by changing consumer preferences, rising urbanization, and an increasing emphasis on convenient and on-the-go snack options in countries such as India, China, and Japan. The popularity of extruded snacks in this region can be attributed to their affordability and wide availability. Additionally, manufacturers are introducing diverse flavors and healthier variants to cater to the evolving tastes and preferences of consumers.
Key Players
PepsiCo, Inc., Kellogg Company, Calbee, Inc., General Mills, Inc., Amica Chips S.p.A., Grupo Bimbo, ITC Limited, Old Dutch Foods, Inc., JFC International, The Lorenz Bahlsen Snack-World.
Market Taxonomy
By Type
• Simply Extruded
• Expanded
• Co-extruded
By Ingredient
• Potato
• Wheat
• Corn
• Rice
• Others
By Distribution Channel
• Offline
• Online
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o UK
o France
o Netherlands
o Italy
o Belgium
o Rest of Europe
• Asia Pacific
o China
o India
o South Korea
o Japan
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
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Global Extruded Snacks Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Extruded Snacks Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Extruded Snacks Market, By Type
5.1. Y-o-Y Growth Comparison, By Type
5.2. Global Extruded Snacks Market Share Analysis, By Type
5.3. Global Extruded Snacks Market Size and Forecast, By Type
5.3.1. Simply Extruded
5.3.2. Expanded
5.3.3. Co-extruded
6. Global Extruded Snacks Market, By Ingredient
6.1. Y-o-Y Growth Comparison, By Ingredient
6.2. Global Extruded Snacks Market Share Analysis, By Ingredient
6.3. Global Extruded Snacks Market Size and Forecast, By Ingredient
6.3.1. Potato
6.3.2. Wheat
6.3.3. Corn
6.3.4. Rice
6.3.5. Others
7. Global Extruded Snacks Market, By Distribution Channel
7.1. Y-o-Y Growth Comparison, By Distribution Channel
7.2. Global Extruded Snacks Market Share Analysis, By Distribution Channel
7.3. Global Extruded Snacks Market Size and Forecast, By Distribution Channel
7.3.1. Offline
7.3.2. Online
8. Global Extruded Snacks Market, By Region
8.1. Global Extruded Snacks Market Share Analysis, By Region
8.2. Global Extruded Snacks Market Share Analysis, By Region
8.3. Global Extruded Snacks Market Size and Forecast, By Region
9. North America Extruded Snacks Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. North America Extruded Snacks Market Share Analysis, By Type
9.3. North America Extruded Snacks Market Share Analysis, By Ingredient
9.4. North America Extruded Snacks Market Share Analysis, By Distribution Channel
9.5. North America Extruded Snacks Market Size and Forecast, By Country
9.5.1. U.S.
9.5.1.1. Market Size and Forecast, By Type
9.5.1.2. Market Size and Forecast, By Ingredient
9.5.1.3. Market Size and Forecast, By Distribution Channel
9.5.2. Canada
9.5.2.1. Market Size and Forecast, By Type
9.5.2.2. Market Size and Forecast, By Ingredient
9.5.2.3. Market Size and Forecast, By Distribution Channel
9.5.3. Mexico
9.5.3.1. Market Size and Forecast, By Type
9.5.3.2. Market Size and Forecast, By Ingredient
9.5.3.3. Market Size and Forecast, By Distribution Channel
10. Europe Extruded Snacks Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Europe Extruded Snacks Market Share Analysis, By Type
10.3. Europe Extruded Snacks Market Share Analysis, By Ingredient
10.4. Europe Extruded Snacks Market Share Analysis, By Distribution Channel
10.5. Europe Extruded Snacks Market Size and Forecast, By Country
10.5.1. Germany
10.5.1.1. Market Size and Forecast, By Type
10.5.1.2. Market Size and Forecast, By Ingredient
10.5.1.3. Market Size and Forecast, By Distribution Channel
10.5.2. France
10.5.2.1. Market Size and Forecast, By Type
10.5.2.2. Market Size and Forecast, By Ingredient
10.5.2.3. Market Size and Forecast, By Distribution Channel
10.5.3. UK
10.5.3.1. Market Size and Forecast, By Type
10.5.3.2. Market Size and Forecast, By Ingredient
10.5.3.3. Market Size and Forecast, By Distribution Channel
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Type
10.5.4.2. Market Size and Forecast, By Ingredient
10.5.4.3. Market Size and Forecast, By Distribution Channel
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Type
10.5.5.2. Market Size and Forecast, By Ingredient
10.5.5.3. Market Size and Forecast, By Distribution Channel
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Type
10.5.6.2. Market Size and Forecast, By Ingredient
10.5.6.3. Market Size and Forecast, By Distribution Channel
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Type
10.5.7.2. Market Size and Forecast, By Ingredient
10.5.7.3. Market Size and Forecast, By Distribution Channel
11. Asia Pacific Extruded Snacks Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Asia Pacific Extruded Snacks Market Share Analysis, By Type
11.3. Asia Pacific Extruded Snacks Market Share Analysis, By Ingredient
11.4. Asia Pacific Extruded Snacks Market Share Analysis, By Distribution Channel
11.5. Asia Pacific Extruded Snacks Market Size and Forecast, By Country
11.5.1. China
11.5.1.1. Market Size and Forecast, By Type
11.5.1.2. Market Size and Forecast, By Ingredient
11.5.1.3. Market Size and Forecast, By Distribution Channel
11.5.2. Japan
11.5.2.1. Market Size and Forecast, By Type
11.5.2.2. Market Size and Forecast, By Ingredient
11.5.2.3. Market Size and Forecast, By Distribution Channel
11.5.3. India
11.5.3.1. Market Size and Forecast, By Type
11.5.3.2. Market Size and Forecast, By Ingredient
11.5.3.3. Market Size and Forecast, By Distribution Channel
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Type
11.5.4.2. Market Size and Forecast, By Ingredient
11.5.4.3. Market Size and Forecast, By Distribution Channel
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Type
11.5.5.2. Market Size and Forecast, By Ingredient
11.5.5.3. Market Size and Forecast, By Distribution Channel
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Type
11.5.6.2. Market Size and Forecast, By Ingredient
11.5.6.3. Market Size and Forecast, By Distribution Channel
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Type
11.5.7.2. Market Size and Forecast, By Ingredient
11.5.7.3. Market Size and Forecast, By Distribution Channel
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Type
11.5.8.2. Market Size and Forecast, By Ingredient
11.5.8.3. Market Size and Forecast, By Distribution Channel
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Type
11.5.9.2. Market Size and Forecast, By Ingredient
11.5.9.3. Market Size and Forecast, By Distribution Channel
12. Latin America Extruded Snacks Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Latin America Extruded Snacks Market Share Analysis, By Type
12.3. Latin America Extruded Snacks Market Share Analysis, By Ingredient
12.4. Latin America Extruded Snacks Market Share Analysis, By Distribution Channel
12.5. Latin America Extruded Snacks Market Size and Forecast, Country
12.5.1. Brazil
12.5.1.1. Market Size and Forecast, By Type
12.5.1.2. Market Size and Forecast, By Ingredient
12.5.1.3. Market Size and Forecast, By Distribution Channel
12.5.2. Argentina
12.5.2.1. Market Size and Forecast, By Type
12.5.2.2. Market Size and Forecast, By Ingredient
12.5.2.3. Market Size and Forecast, By Distribution Channel
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Type
12.5.3.2. Market Size and Forecast, By Ingredient
12.5.3.3. Market Size and Forecast, By Distribution Channel
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Type
12.5.4.2. Market Size and Forecast, By Ingredient
12.5.4.3. Market Size and Forecast, By Distribution Channel
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Type
12.5.5.2. Market Size and Forecast, By Ingredient
12.5.5.3. Market Size and Forecast, By Distribution Channel
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Type
12.5.6.2. Market Size and Forecast, By Ingredient
12.5.6.3. Market Size and Forecast, By Distribution Channel
12.5.7. Rest of Latin America
12.5.7.1. Market Size and Forecast, By Type
12.5.7.2. Market Size and Forecast, By Ingredient
12.5.7.3. Market Size and Forecast, By Distribution Channel
13. Middle East Extruded Snacks Market Analysis and Forecast (2023-2030)
13.1. Introduction
13.2. Middle East Extruded Snacks Market Share Analysis, By Type
13.3. Middle East Extruded Snacks Market Size and Forecast, By Ingredient
13.4. Middle East Extruded Snacks Market Size and Forecast, By Distribution Channel
13.5. Middle East Extruded Snacks Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Type
13.5.1.2. Market Size and Forecast, By Ingredient
13.5.1.3. Market Size and Forecast, By Distribution Channel
13.5.2. UAE
13.5.2.1. Market Size and Forecast, By Type
13.5.2.2. Market Size and Forecast, By Ingredient
13.5.2.3. Market Size and Forecast, By Distribution Channel
13.5.3. Egypt
13.5.3.1. Market Size and Forecast, By Type
13.5.3.2. Market Size and Forecast, By Ingredient
13.5.3.3. Market Size and Forecast, By Distribution Channel
13.5.4. Kuwait
13.5.4.1. Market Size and Forecast, By Type
13.5.4.2. Market Size and Forecast, By Ingredient
13.5.4.3. Market Size and Forecast, By Distribution Channel
13.5.5. South Africa
13.5.5.1. Market Size and Forecast, By Type
13.5.5.2. Market Size and Forecast, By Ingredient
13.5.5.3. Market Size and Forecast, By Distribution Channel
13.5.6. Rest of Middle East & Africa
13.5.6.1. Market Size and Forecast, By Type
13.5.6.2. Market Size and Forecast, By Ingredient
13.5.6.3. Market Size and Forecast, By Distribution Channel
14. Competitive Analysis
14.1. Competition Dashboard
14.2. Market share Analysis of Top Vendors
14.3. Key Development Strategies
15. Company Profiles
15.1. PepsiCo, Inc.
15.1.1. Overview
15.1.2. Offerings
15.1.3. Key Financials
15.1.4. Business Segment & Geographic Overview
15.1.5. Key Market Developments
15.1.6. Key Strategies
15.2. Kellogg Company
15.2.1. Overview
15.2.2. Offerings
15.2.3. Key Financials
15.2.4. Business Segment & Geographic Overview
15.2.5. Key Market Developments
15.2.6. Key Strategies
15.3. Calbee, Inc.
15.3.1. Overview
15.3.2. Offerings
15.3.3. Key Financials
15.3.4. Business Segment & Geographic Overview
15.3.5. Key Market Developments
15.3.6. Key Strategies
15.4. General Mills, Inc.
15.4.1. Overview
15.4.2. Offerings
15.4.3. Key Financials
15.4.4. Business Segment & Geographic Overview
15.4.5. Key Market Developments
15.4.6. Key Strategies
15.5. Amica Chips S.p.A.
15.5.1. Overview
15.5.2. Offerings
15.5.3. Key Financials
15.5.4. Business Segment & Geographic Overview
15.5.5. Key Market Developments
15.5.6. Key Strategies
15.6. Grupo Bimbo
15.6.1. Overview
15.6.2. Offerings
15.6.3. Key Financials
15.6.4. Business Segment & Geographic Overview
15.6.5. Key Market Developments
15.6.6. Key Strategies
15.7. ITC Limited
15.7.1. Overview
15.7.2. Offerings
15.7.3. Key Financials
15.7.4. Business Segment & Geographic Overview
15.7.5. Key Market Developments
15.7.6. Key Strategies
15.8. Old Dutch Foods, Inc.
15.8.1. Overview
15.8.2. Offerings
15.8.3. Key Financials
15.8.4. Business Segment & Geographic Overview
15.8.5. Key Market Developments
15.8.6. Key Strategies
15.9. JFC International
15.9.1. Overview
15.9.2. Offerings
15.9.3. Key Financials
15.9.4. Business Segment & Geographic Overview
15.9.5. Key Market Developments
15.9.6. Key Strategies
15.10. The Lorenz Bahlsen Snack-World
15.10.1. Overview
15.10.2. Offerings
15.10.3. Key Financials
15.10.4. Business Segment & Geographic Overview
15.10.5. Key Market Developments
15.10.6. Key Strategies
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