Extruded Snacks Market Research Report- Forecast till 2027

Extruded Snacks Market Research Report– by Type (Sweet and Savory), by Source (Potato, Rice, Corn, Tapioca, Mixed Grain and others), By Distribution Channel (Store-Based and Non-Store Based), and Region - Forecast till 2027

ID: MRFR/F-B & N/3391-HCR | September 2022 | Region: Global | 110 Pages         

Table of Content

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.1.1 Initial Data Exploration

1.1.2 Statistical Modelling and Forecast

1.1.3 Industry Insights and Validation

1.2. Data Sources

Chapter 2. Executive Summary

2.1. Extruded snacks Industry Market Synopsis, 2020-2027

2.1.1 Business Trends

2.1.2 Product Type Trends

2.1.3 Product Source Trends

2.1.4 Product Distribution channel Trends

Chapter 3 Extruded snacks market Industry Insights

3.1 Industry Segmentation

3.2 Industry Size and Forecast

3.3 Industry Ecosystem Analysis

3.4 Industry Impact forces

3.4.1 Growth Drivers

3.4.1.1 Rising demand for ready to eat foods

3.4.1.2 Continuous innovation in extruded snacks

3.4.2 Industry Pitfalls & Challenges

3.4.2.1 High fat content

3.4.2.2 Intense competition

3.5 Growth Potential Analysis

3.6 Company Market Share Analysis, 2020

3.7 Porter’s analysis

3.8 PESTEL analysis

Chapter 4 Extruded snacks market by Type Insights

4.1 Global Extruded snacks Market Volume Share by Type, 2020-2027

4.1.1 Sweet

4.1.1.1 Market Estimates & Forecast, 2020-2027

4.1.2 Savory

4.1.2.1 Market Estimates & Forecast, 2020-2027

Chapter 5 Extruded snacks market by Source Insights

5.1 Global Extruded snacks Market Volume Share by Source, 2020-2027

5.1.1 Potato

5.1.1.1 Market Estimates & Forecast, 2020-2027

5.1.2 Rice

5.1.2.1 Market Estimates & Forecast, 2020-2027

5.1.3 Corn

5.1.3.1 Market Estimates & Forecast, 2020-2027

5.1.4 Tapioca

5.1.4.1 Market Estimates & Forecast, 2020-2027

5.1.5 Mixed grain

5.1.5.1 Market Estimates & Forecast, 2020-2027

5.1.6 Others

5.1.6.1 Market Estimates & Forecast, 2020-2027

Chapter 6 Extruded snacks market by Distribution channel Insights

6.1 Global Extruded snacks Market Volume Share by Distribution channel, 2020-2027

6.1.1 Store based

6.1.1.1 Market Estimates & Forecast, 2020-2027

6.1.1.2 Market Estimates & Forecast by Region, 2020-2027

6.1.2 Non-store based

6.1.2.1 Market Estimates & Forecast, 2020-2027

6.1.2.2 Market Estimates & Forecast by Region, 2020-2027

Chapter 7 Extruded snacks market Regional Insights

7.1 Extruded snacks Market Volume Share by Region, 2020-2027.

7.2 North America

7.2. A Market Estimates & Forecast, 2020-2027

7.2. B Market Estimates & Forecast, by Type, 2020-2027

7.2. C Market Estimates & Forecast, by Source, 2020-2027

7.2. D Market Estimates & Forecast, by Distribution channel, 2020-2027

7.2.1 U.S.

7.2.1.1 Market Estimates & Forecast, 2020-2027

7.2.1.2 Market Estimates & Forecast, by Type, 2020-2027

7.2.1.3 Market Estimates & Forecast, by Source, 2020-2027

7.2.1.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.2.2 Canada

7.2.2.1 Market Estimates & Forecast, 2020-2027

7.2.2.2 Market Estimates & Forecast, by Type, 2020-2027

7.2.2.3 Market Estimates & Forecast, by Source, 2020-2027

7.2.2.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.2.3 Mexico

7.2.3.1 Market Estimates & Forecast, 2020-2027

7.2.3.2 Market Estimates & Forecast, by Type, 2020-2027

7.2.3.3 Market Estimates & Forecast, by Source, 2020-2027

7.2.3.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.3 Europe

7.3. A Market Estimates & Forecast, 2020-2027

7.3. B Market Estimates & Forecast, by Type, 2020-2027

7.3. C Market Estimates & Forecast, by Source, 2020-2027

7.3. D Market Estimates & Forecast, by Distribution channel, 2020-2027

7.3.1 Germany

7.3.1.1 Market Estimates & Forecast, 2020-2027

7.3.1.2 Market Estimates & Forecast, by Type, 2020-2027

7.3.1.3 Market Estimates & Forecast, by Source, 2020-2027

7.3.1.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.3.2 U.K

7.3.2.1 Market Estimates & Forecast, 2020-2027

7.3.2.2 Market Estimates & Forecast, by Type, 2020-2027

7.3.2.3 Market Estimates & Forecast, by Source, 2020-2027

7.3.2.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.3.3 France

7.3.3.1 Market Estimates & Forecast, 2020-2027

7.3.3.2 Market Estimates & Forecast, by Type, 2020-2027

7.3.3.3 Market Estimates & Forecast, by Source, 2020-2027

7.3.3.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.3.4 Italy

7.3.4.1 Market Estimates & Forecast, 2020-2027

7.3.4.2 Market Estimates & Forecast, by Type, 2020-2027

7.3.4.3 Market Estimates & Forecast, by Source, 2020-2027

7.3.4.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.4 Asia Pacific

7.4. A Market Estimates & Forecast, 2020-2027

7.4. B Market Estimates & Forecast, by Type, 2020-2027

7.4. C Market Estimates & Forecast, by Source, 2020-2027

7.4. D Market Estimates & Forecast, by Distribution channel, 2020-2027

7.4.1 China

7.4.1.1 Market Estimates & Forecast, 2020-2027

7.4.1.2 Market Estimates & Forecast, by Type, 2020-2027

7.4.1.3 Market Estimates & Forecast, by Source, 2020-2027

7.4.1.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.4.2 India

7.4.2.1 Market Estimates & Forecast, 2020-2027

7.4.2.2 Market Estimates & Forecast, by Type, 2020-2027

7.4.2.3 Market Estimates & Forecast, by Source, 2020-2027

7.4.2.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.4.3 Japan

7.4.3.1 Market Estimates & Forecast, 2020-2027

7.4.3.2 Market Estimates & Forecast, by Type, 2020-2027

7.4.3.3 Market Estimates & Forecast, by Source, 2020-2027

7.4.3.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

7.5 RoW

7.5. A Market Estimates & Forecast, 2020-2027

7.5. B Market Estimates & Forecast, by Type, 2020-2027

7.5. C Market Estimates & Forecast, by Source, 2020-2027

7.5. D Market Estimates & Forecast, by Distribution channel, 2020-2027

Chapter 8 Competitor Profile

8.1 Calbee, Inc. (Japan)

8.1.1 Business Overview

8.1.2 Financial Data

8.1.3 Product Landscape

8.1.4 Key Developments

8.1.5 Business Strategy

8.1.6 SWOT Analysis

8.2 Kellogg Co. (U.S.)

8.2.1 Business Overview

8.2.2 Financial Data

8.2.3 Product Landscape

8.2.4 Key Developments

8.2.5 Business Strategy

8.2.6 SWOT Analysis

8.3 Frito-Lay North America, Inc (U.S.)

8.3.1 Business Overview

8.3.2 Financial Data

8.3.3 Product Landscape

8.3.4 Key Developments

8.3.5 Business Strategy

8.3.6 SWOT Analysis

8.4 ITC (India)

8.4.1 Business Overview

8.4.2 Financial Data

8.4.3 Product Landscape

8.4.4 Key Developments

8.4.5 Business Strategy

8.4.6 SWOT Analysis

8.5 Diamond Foods Inc. (U.S.)

8.5.1 Business Overview

8.5.2 Financial Data

8.5.3 Product Landscape

8.5.4 Key Developments

8.5.5 Business Strategy

8.5.6 SWOT Analysis

8.6 Mondelez International Inc. (U.S.)

8.6.1 Business Overview

8.6.2 Financial Data

8.6.3 Product Landscape

8.6.4 Key Developments

8.6.5 Business Strategy

8.6.6 SWOT Analysis

8.7 Old Dutch Foods, Inc. (U.S.)

8.7.1 Business Overview

8.7.2 Financial Data

8.7.3 Product Landscape

8.7.4 Key Developments

8.7.5 Business Strategy

8.7.6 SWOT Analysis

Data Tables

TABLE 1 PESTLE ANALYSIS – U.S.

TABLE 2 PESTLE ANALYSIS- JAPAN

TABLE 3 PESTLE ANALYSIS- CHINA

TABLE 4 PESTLE ANALYSIS- FRANCE

TABLE 5 PESTLE ANALYSIS- GERMANY

TABLE 6 KEY SUPPLIERS OF EXTRUDED SNACKS MARKET

TABLE 7 GLOBAL MARKET FOR EXTRUDED SNACKS MARKET, BY TYPE, (2020-2027), USD MILLION

TABLE 8 GLOBAL MARKET FOR EXTRUDED SNACKS MARKET, BY SOURCE, (2020-2027), USD MILLION

TABLE 9 GLOBAL MARKET FOR EXTRUDED SNACKS MARKET, BY DISTRIBUTION CHANNEL, (2020-2027), USD MILLION

TABLE 10 GLOBAL EXTRUDED SNACKS MARKET SALES AND GROWTH RATE (2020-2027) USD MILLION

TABLE 11 GLOBAL MARKET FOR EXTRUDED SNACKS MARKET TOP 5 COUNTRIES

TABLE 12 GLOBAL MARKET FOR EXTRUDED SNACKS MARKET TOP COMPANIES-USD MILLION

TABLE 13 NORTH AMERICAN GLOBAL MARKET FOR EXTRUDED SNACKS MARKET, BY TYPE, (2020-2027) USD MILLION

TABLE 14 NORTH AMERICAN MARKET FOR EXTRUDED SNACKS MARKET, BY SOURCE, (2020-2027), USD MILLION

TABLE 15 NORTH AMERICAN MARKET FOR EXTRUDED SNACKS MARKET, BY DISTRIBUTION CHANNEL, (2020-2027), USD MILLION

TABLE 16 EUROPEAN GLOBAL MARKET FOR EXTRUDED SNACKS MARKET, BY TYPE, (2020-2027) USD MILLION

TABLE 17 EUROPEAN MARKET FOR EXTRUDED SNACKS MARKET, BY SOURCE, (2020-2027), USD MILLION

TABLE 18 EUROPEAN MARKET FOR EXTRUDED SNACKS MARKET, BY DISTRIBUTION CHANNEL, (2020-2027), USD MILLION

TABLE 19 APAC GLOBAL MARKET FOR EXTRUDED SNACKS MARKET, BY TYPE, (2020-2027) USD MILLION

TABLE 20 APAC MARKET FOR EXTRUDED SNACKS MARKET, BY SOURCE, (2020-2027), USD MILLION

TABLE 21 APAC MARKET FOR EXTRUDED SNACKS MARKET, BY DISTRIBUTION CHANNEL, (2020-2027), USD MILLION

TABLE 22 REST OF THE WORLD MARKET FOR EXTRUDED SNACKS MARKET, BY TYPE, (2020-2027) USD MILLION

TABLE 23 REST OF THE WORLD MARKET FOR EXTRUDED SNACKS MARKET, BY SOURCE, (2020-2027), USD MILLION

TABLE 24 REST OF THE WORLD MARKET FOR EXTRUDED SNACKS MARKET, BY DISTRIBUTION CHANNEL, (2020-2027), USD MILLION

TABLE 25 COMPETITIVE LANDSCAPING BASED ON FINACIALS DURING THE YEAR 2020 

Charts & Figures

LIST OF FIGURES

FIGURE 1 RESEARCH METHODOLOGY

FIGURE 2 PRIMARY DATA ANALYSIS APPROACH

FIGURE 3 SECONDARY DATA ANALYSIS APPROACH

FIGURE 4 TRENDS IN EXTRUDED SNACKS MARKET IMPORTS 2020

FIGURE 5 GROWTH RATE IN EXTRUDED SNACKS MARKET IMPORTS 2020

FIGURE 6 EXTRUDED SNACKS MARKET IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2020)

FIGURE 7 TRENDS IN EXTRUDED SNACKS MARKET EXPORTS 2020

FIGURE 8 GROWTH RATE EXTRUDED SNACKS MARKET EXPORTS 2020

FIGURE 9 EXTRUDED SNACKS MARKET EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2020)

FIGURE 10 VALUE CHAIN ANALYSIS

FIGURE 11 COST ANALYSIS: EXTRUDED SNACKS MARKET

FIGURE 12 PORTER’S FIVE FORCES ANALYSIS

FIGURE 13 GLOBAL MARKET FOR EXTRUDED SNACKS MARKET TRENDS BY TYPE

FIGURE 14 GLOBAL MARKET FOR EXTRUDED SNACKS MARKET TRENDS BY SOURCE

FIGURE 15 GLOBAL MARKET FOR EXTRUDED SNACKS MARKET TRENDS BY DISTRIBUTION CHANNEL

FIGURE 16 FINANCIALS

Extruded Snacks Market

The global extruded snacks market was Value estimated to account for USD 54.3 billion in 2020 and is projected to reach USD 72.6 billion by 2030, recording a CAGR of 7.2 % during the forecast period.

Segmentation

By Type Sweet Savory
By Source Potato Rice Corn Tapioca Mixed Grain Others
By Distribution Channel Store Based Non Store Based

Key Players

  • Calbee Inc.
  • Kellogg Co.
  • Mondelez International
  • among Others.

Drivers

  • The growing demand for convenience foods
  • Snack foods from urban areas
Speak to Analyst Request a Free Sample

Extruded Snacks Market Overview:


Extrusion of food includes various steps such as mixing, kneading, cooking, shearing, forming, and shaping; these are food processing techniques known as food extrusion. The food extrusion process allows mass manufacturing of food, and this process continues with an endless and well-organized system that shows homogeneity of the final product. The high starch content food product is manufactured through the food extrusion process. The food products extracted from this technique are bread, cereals, pasta, ready-to-eat snacks, vegetable protein, beverages, pet foods, etc. The vast consumption of these food products worldwide is propelling the growth of Extruded Snacks Market. The rise in concern about consuming a balanced breakfast with essentials like protein and vitamins for a healthy start accelerates the Extruded Snacks Market Growth. Extruded food has nutritional benefits and substances that help maintain the diet effectively and help in digestion, further stimulating the body to stay healthy. 


The increase in demand for good processed and hygenic food that maintains the food habit and the concern to have a balanced diet are even helping the global Extruded Snacks Market flourish. Today’s generation is aware of food-related issues, and they understand the body disorders a person suffers when a proper diet is not followed. Maintaining healthy food habits among every age group from babies to the older generation raises the Extruded Snacks Market Trends. People are even suffering from weight disorders; children are mostly found malnourished, and other age groups suffer from obesity and other disorders. Therefore, these issues raise awareness and alert people to stay concerned about their food habits and weight management. The increased demand for healthy snacking has become a prior concern in day-to-day life. People include snacks in their short-meal time to maintain their appetite and diet. All these factors drive the growth rate of the Extruded Snacks Market at the global level.  


COVID-19 Analysis


Several markets have faced a tough situation during the pandemic due to huge revenue losses. The financial crisis has become a major issue for almost every market during the lockdown period. The Extruded Snacks Market has even gone through difficult challenges because the government's strict guidelines had led to halting the process of manufacturing and operating in the food industry. These units were closed for a long period which harshly affected the production process. The local stores and hypermarkets even remained closed during this period, which resulted in the loss of sales. These factors have badly affected the growth value of the Extruded Snacks Market Share. 


On the other hand, the rise in concern among the public to maintain a balanced diet and good food habits with essential nutrients is boosting the market in this worse situation. Further, the Extruded Snacks Market will notice a healthy growth rate during the evaluation period in the coming years.


Chief Factors Existing in The Market



  • Key Market Drivers


The chief drivers of the Extruded Snacks Market are driving the market with its huge driving factors. The experiment and innovation of flavors in extruded snacks is one of the major driving factors of the market. Different marketing strategies implemented by the key players to develop the market are even promoting the market’s growth rate.



  • Market Challenges


The Extruded Snacks Market Analysis has shown different challenging factors of the market. During the COVID-19 period, the market faced a financial crisis due to the lockdown effect, but the market can easily overcome this situation with rising opportunities.



  • Market Opportunities


The Extruded Snacks Market is noticing various growth opportunities due to the increased rate of consumers. The rise in concern of the consumers to maintain a healthy snacking diet is setting huge growth opportunities for the Extruded Snacks Market. The competitions between the players various R & D activities in extruded snacks fuel the global Extruded Snacks Market.



  • Market Restraints


The Extruded Snacks Market Forecast has faced some restraining factors that are hindering the market's growth. The high cost of improved and innovative extruded snacks is one of the restraining factors of the market.


Cumulative Evaluation Of The Market


The Extruded Snacks Market has shown the evaluation of the market in the present situation. The marketing dynamics available in the market are targeting the growth rate accordingly. The driving factors are boosting the growth value of the market. The challenging and restraining factors are creating a difficult situation for the economic growth of the market. Still, further, due to its wide opportunities, the market will successfully overcome this crisis. The Extruded Snacks Market Value is expected to reach its estimated CAGR in the review period.


Market Segmentation


The Extruded Snacks Market Size is segmented based on type, source, and distribution channel. These segments are further segmented, and their services will propel the global Extruded Snacks Market Trends. Each of the segments is necessarily effective for the market’s growth. Therefore, they are segmented based on different categories to show a positive impact on the Extruded Snacks Market Growth.



  • By Type


The market is divided into sweet and savory in the type segment. The savory segment is considered the dominating segment of the global market due to its wide consumption among consumers. People prefer the savory snacks item as their short-time meal, accelerating the type segment. The savory segment is witnessed to reach its excepted growth rate during the forecast period.



  • By Sources


The sources segment of the market is classified into potato, rice, corn, tapioca, mixed grain, and others. Among these, the rice and corn segment dominate the market due to its huge consumption across various world regions. Especially, rice is highly consumed in most of the region because of its high carbohydrate content, due to which it is considered the high energy it is giving food. The rice and corn segment will witness its estimated value in the coming years.



  • By Distribution Channel


The market is categorized into store-based and non-store based on the distribution channels. The store-based segment constitutes hypermarkets and supermarkets through which the food products reach the customers. These are present in huge numbers among various countries in the world. The rise in demand for self-picking food products for a better shopping experience and the keenness to know about multiple brands are driving the store-based segment. Therefore, this segment is considered the leading segment of the distribution channel.


Regional Analysis


The Extruded Snacks Market Analysis states the geographical status of the market. The market trends are highly progressing in major regions such as North America, Europe, Asia Pacific, and the rest of the world. Among all these regions, the Asia Pacific region is noticed as the major dominating region due to the presence of a wide range of products available in a reasonable price range. Therefore, the Asia Pacific region holds the maximum share of the global Extruded Snacks Market Share. India is considered the major contributor of the market region due to its wide consumption.


The other regions, including Europe and North America, will show a significant growth rate in the future years. The increased inclination towards healthy snacking drives the regional market of these regions. The Latin American market will witness the highest growth and share value during the review period. Meanwhile, the upbringing innovations in extrusion techniques of food are even driving the various regions' market.


Competitive Intensity Within the Industry 


The chief players are handling all the responsibility to help the market shine globally. The implemented marketing strategies demonstrate the share value of the market. Therefore, the global market is thriving to achieve its goal due to the chief players across the world. Here is the list of top players of the market outlook.



  • Kellogg Co. (U.S.)

  • Mondelez International Inc. (U.S.)

  • Old Dutch Foods, Inc. (U.S.)

  • Calbee, Inc. (Japan)

  • Frito-Lay North America, Inc (U.S.)

  • Diamond Foods Inc. (U.S.)

  • ITC (India)


Recent Market Developments



  • Dr. Eugenio Bortone, one of the prominent food scientists, extrusion process experts, and the inventor of Frito-Lay’s Twisted Cheetos, Sapientia, has discovered and filed four foundational patents revolving around the protein twist and crispy puff style snack.

  • Kellogg’s is all set to launch its limited-edition mince pie flavored Wheat in the upcoming week. The cereal will be packed with a smooth, gently spiced sultana center, offering mince pie fans the chance to add a touch of festive spirit to the Christmas season.


Report Overview


The complete overview report of the Extruded Snacks Market Forecast shows different tactics of the market. The role of marketing dynamics has been stated in the report with its measures. The COVID-19 report has shown the market’s situation during the lockdown period. Further, the segmentation analysis has reported various segments and their progress in the global market. According to the geographical status, the market is showing sheer growth in major market regions. In the forecast period, the market will successfully reach its estimated value.


Key Industrial Segments


By Type



  • Sweet

  • Savory


By Source



  • Potato

  • Rice

  • Corn

  • Tapioca

  • Mixed Grains 

  • Others


By Distribution Channel



  • Store-Based

  • Non-Store-Based



Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

Extruded snacks are shaped and formed industrially instead of manually, due to the ease of producing them industrially en masse.

Potatoes are the major source for extruded snacks. However, in North America, corn is the major source.

The growing demand for convenience foods and snack foods from urban areas is the major driver for extruded snacks market.

Asia Pacific is the dominant force in the global extruded snacks market.

Key players in the extruded snacks market include Calbee Inc., Kellogg Co., and Mondelez International, among others.