Extruded Snack Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Description

List of Tables

The global extruded snack food market size reached US$ 49.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 62.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.86% during 2023-2028.

Extruded snack food comprises breakfast cereals, corn curls, onion rings, pasta, fish paste, jellybeans and macaroni, which is prepared using corn, tapioca, oats, potatoes, and wheat. It relies on extrusion cooking, a high-temperature short-time (HTST) process that reduces microbial contamination and inactivates enzymes. At present, the growing popularity of ready-to-eat (RTE) snack food on account of its convenience, affordability, wide availability, appearance, taste, and texture is positively influencing the demand for extruded snack food across the globe.

Extruded Snack Food Market Trends:

Changing dietary habits among individuals around the world represents one of the key factors bolstering the growth of the market. Moreover, longer working hours make it difficult for most people to have proper meals. As a result, they are increasingly relying on RTE food products, such as extruded snack food. In line with this, pasta and other extruded snack food products continue to be a part of the modern diet and consequently, their sales are growing worldwide. Nowadays, consumers prefer products that are gluten-free and contain grains, such as quinoa, amaranth, chia, teff, rice, and buckwheat. Apart from this, leading market players are investing in research and development (R&D) activities to introduce innovative product variants, which are suitable for consumption among local and regional populations. They are also financing promotional campaigns on social media platforms to increase their overall sales. Other factors like increasing population and rising disposable income of individuals in developing countries are strengthening the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global extruded snack food market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type and distribution channel.

Breakup by Type:

Potato
Corn
Rice
Tapioca
Mixed Grains
Others
Presently, potato is widely utilized in the production of extruded snack food, such as potato chips.

Breakup by Distribution Channel:

Supermarkets/Hypermarkets
Convenience Stores
Specialty Food Stores
Online Retail
Others
Supermarkets/hypermarkets dominate the market as they offer numerous options for selection at discounted prices.

Breakup by Region:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Europe currently holds the largest market on account of the increasing number of individuals consuming extruded snacks in social occasions or on the go throughout the region.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.

Key Questions Answered in This Report:

1. What was the size of the global extruded snack food market in 2022?
2. What is the expected growth rate of the global extruded snack food market during 2023- 2028?
3. What are the key factors driving the global extruded snack food market?
4. What has been the impact of COVID-19 on the global extruded snack food market?
5. What is the breakup of the global extruded snack food market based on the type?
6. What is the breakup of the global extruded snack food market based on the distribution channel?
7. What are the key regions in the global extruded snack food market?

Product Code: SR1323A257_Report

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Snack Food Industry

5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Region
5.4 Market Breakup by Snack Type
5.5 Market Breakup by Key Players
5.6 Market Forecast

6 Global Extruded Snack Food Industry

6.1 Market Overview
6.2 Market Performance
6.3 Impact of COVID-19
6.4 Market Breakup by Region
6.5 Market Breakup by Type
6.6 Market Breakup by Distribution Channel
6.7 Market Forecast
6.8 SWOT Analysis
- 6.8.1 Overview
- 6.8.2 Strengths
- 6.8.3 Weaknesses
- 6.8.4 Opportunities
- 6.8.5 Threats
6.9 Value Chain Analysis
- 6.9.1 Raw Material Procurement
- 6.9.2 Manufacturing
- 6.9.3 Marketing
- 6.9.4 Distribution
- 6.9.5 Exports
- 6.9.6 End-Use
6.10 Porter's Five Forces Analysis
- 6.10.1 Overview
- 6.10.2 Bargaining Power of Buyers
- 6.10.3 Bargaining Power of Suppliers
- 6.10.4 Degree of Competition
- 6.10.5 Threat of New Entrants
- 6.10.6 Threat of Substitutes
6.11 Price Analysis
- 6.11.1 Key Price Indicators
- 6.11.2 Price Structure
- 6.11.3 Margin Analysis
6.12 Key Success Factors and Risk Factors

7 Performance of Key Regions

7.1 North America
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
7.2 Europe
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
7.3 Asia Pacific
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
7.4 Latin America
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
7.5 Middle East and Africa
- 7.5.1 Market Trends
- 7.5.2 Market Forecast

8 Market Breakup by Type

8.1 Potato
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
8.2 Corn
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
8.3 Rice
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
8.4 Tapioca
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
8.5 Mixed Grains
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast

9 Market Breakup by Distribution Channel

9.1 Supermarkets/Hypermarkets
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
9.2 Convenience Stores
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
9.3 Specialty Food Stores
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
9.4 Online Retail
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast

10 Competitive Landscape

10.1 Market Structure
10.2 Key Players

11 Extruded Snack Foods Manufacturing Process

11.1 Product Overview
11.2 Detailed Process Flow
11.3 Various Types of Unit Operations Involved
11.4 Mass Balance and Raw Material Requirements

12 Project Details, Requirements and Costs Involved

12.1 Land Requirements and Expenditures
12.2 Construction Requirements and Expenditures
12.3 Plant Layout
12.4 Plant Machinery
12.5 Machinery Pictures
12.6 Raw Material Requirements and Expenditures
12.7 Raw Material and Final Product Pictures
12.8 Packaging Requirements and Expenditures
12.9 Transportation Requirements and Expenditures
12.10 Raw Material Requirements and Expenditures
12.11 Manpower Requirements and Expenditures
12.12 Other Capital Investments

13 Loans and Financial Assistance

14 Project Economics

14.1 Capital Cost of the Project
14.2 Techno-Economic Parameters
14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
14.4 Taxation and Depreciation
14.5 Income Projections
14.6 Expenditure Projections
14.7 Financial Analysis
14.8 Profit Analysis

15 Key Player Profiles

Product Code: SR1323A257_Report

List of Figures

Figure 1: Global: Extruded Snack Food Market: Major Drivers and Challenges
Figure 2: Global: Snack Food Market: Value Trends (in Billion US$), 2017-2022
Figure 3: Global: Snack Food Market: Breakup by Region (in %), 2022
Figure 4: Global: Snack Food Market: Breakup by Snack Type (in %), 2022
Figure 5: Global: Snack Food Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 6: Global: Snack Food Market: Breakup of Key Players (in %)
Figure 7: Global: Extruded Snack Food Market: Value Trends (in Billion US$), 2017-2022
Figure 8: Global: Extruded Snack Food Market: Breakup by Region (in %), 2022
Figure 9: Global: Extruded Snack Food Market: Breakup by Type (in %), 2022
Figure 10: Global: Extruded Snack Food Market: Breakup by Distribution Channel (in %), 2022
Figure 11: Global: Extruded Snack Food Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 12: Global: Extruded Snack Food Industry: SWOT Analysis
Figure 13: Global: Extruded Snack Food Industry: Value Chain Analysis
Figure 14: Global: Extruded Snack Food Industry: Porter's Five Forces Analysis
Figure 15: Extruded Snack Food Market: Price Structure
Figure 16: North America: Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 17: North America: Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 18: Europe: Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 19: Europe: Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 20: Asia Pacific: Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 21: Asia Pacific: Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 22: Latin America: Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 23: Latin America: Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 24: Middle East and Africa: Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 25: Middle East and Africa: Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 26: Global: Potato Based Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 27: Global: Potato Based Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 28: Global: Corn Based Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 29: Global: Corn Based Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 30: Global: Rice Based Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 31: Global: Rice Based Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 32: Global: Tapioca Based Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 33: Global: Tapioca Based Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 34: Global: Mixed Grains Based Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 35: Global: Mixed Grains Based Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 36: Global: Other Extruded Snack Food Market (in Million US$), 2017 & 2022
Figure 37: Global: Other Extruded Snack Food Market Forecast (in Million US$), 2023-2028
Figure 38: Global: Extruded Snack Food Market: Sales through Supermarkets/Hypermarkets (in Million US$), 2017 & 2022
Figure 39: Global: Extruded Snack Food Market Forecast: Sales through Supermarkets/Hypermarkets (in Million US$), 2023-2028
Figure 40: Global: Extruded Snack Food Market: Sales through Convenience Stores (in Million US$), 2017 & 2022
Figure 41: Global: Extruded Snack Food Market Forecast: Sales through Convenience Stores (in Million US$), 2023-2028
Figure 42: Global: Extruded Snack Food Market: Sales through Specialty Food Stores (in Million US$), 2017 & 2022
Figure 43: Global: Extruded Snack Food Market Forecast: Sales through Specialty Food Stores (in Million US$), 2023-2028
Figure 44: Global: Extruded Snack Food Market: Sales through Online Retail (in Million US$), 2017 & 2022
Figure 45: Global: Extruded Snack Food Market Forecast: Sales through Online Retail (in Million US$), 2023-2028
Figure 46: Global: Extruded Snack Food Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
Figure 47: Global: Extruded Snack Food Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
Figure 48: Extruded Snack Food Manufacturing Plant: Detailed Process Flow
Figure 49: Extruded Snack Food Manufacturing: Conversion Rate of Feedstocks
Figure 50: Extruded Snack Food Manufacturing Plant: Proposed Plant Layout
Figure 51: Extruded Snack Food Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 52: Extruded Snack Food Industry: Profit Margins at Various Levels of the Supply Chain
Figure 53: Extruded Snack Food Production: Manufacturing Cost Breakup (in %)

List of Tables

Table 1: Global: Snack Food Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Extruded Snack Food Market: Key Industry Highlights, 2022 and 2028
Table 3: Global: Extruded Snack Food Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 4: Global: Extruded Snack Food Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 5: Global: Extruded Snack Food Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 6: Global: Extruded Snack Food Market: Competitive Structure
Table 7: Global: Extruded Snack Food Market: Key Players
Table 8: Extruded Snack Food Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 9: Extruded Snack Food Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 10: Extruded Snack Food Manufacturing Plant: Costs Related to Machinery (in US$)
Table 11: Extruded Snack Food Manufacturing Plant: Raw Material Requirements and Expenditures
Table 12: Extruded Snack Food Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 13: Extruded Snack Food Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 14: Details of Financial Assistance Offered by Financial Institutions
Table 15: Extruded Snack Food Manufacturing Plant: Capital Costs (in US$)
Table 16: Extruded Snack Food Manufacturing Plant: Techno-Economic Parameters
Table 17: Extruded Snack Food Manufacturing Plant: Taxation and Depreciation (in US$)
Table 18: Extruded Snack Food Manufacturing Plant: Income Projections (in US$)
Table 19: Extruded Snack Food Manufacturing Plant: Expenditure Projections (in US$)
Table 20: Extruded Snack Food Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 21: Extruded Snack Food Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 22: Extruded Snack Food Manufacturing Plant: Profit and Loss Account (in US$)

Extruded Snack Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Description

Table of Contents

List of Tables

Extruded Snack Food Market Trends:

Key Market Segmentation:

Breakup by Type:

Breakup by Distribution Channel:

Breakup by Region:

Competitive Landscape:

Key Questions Answered in This Report:

Table of Contents

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Snack Food Industry

6 Global Extruded Snack Food Industry

7 Performance of Key Regions

8 Market Breakup by Type

9 Market Breakup by Distribution Channel

10 Competitive Landscape

11 Extruded Snack Foods Manufacturing Process

12 Project Details, Requirements and Costs Involved

13 Loans and Financial Assistance

14 Project Economics

15 Key Player Profiles

List of Figures

List of Tables