The Global Extruded Snacks Market Report by Global Insight Services is the single and trusted source of information for the Extruded Snacks Market . This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.
Extruded snacks are snacks that are made by passing a dough or batter through an extruder. An extruder is a machine that uses a screw to push the dough or batter through a die. The die determines the shape of the final product.
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Key Trends
Some of the key trends in extruded snacks technology include the following:
1. Increased use of natural and healthy ingredients: Consumers are becoming more health-conscious and are looking for snacks that are made with natural and healthy ingredients. This has led to an increased use of healthy ingredients such as fruits, vegetables, and whole grains in extruded snacks.
2. Increased use of alternative proteins: There is a growing demand for snacks that are made with alternative proteins such as soy, pea, and quinoa. This is due to the growing popularity of plant-based diets.
3. Increased use of ancient grains: Ancient grains such as quinoa, amaranth, and sorghum are becoming more popular in extruded snacks. This is due to the health benefits associated with these grains.
4. Increased use of ethnic flavors: Consumers are becoming more adventurous in their food choices and are looking for snacks with ethnic flavors. This has led to an increased use of spices and flavors from around the world in extruded snacks.
Key Drivers
The key drivers of the extruded snacks market are the increasing demand for healthy and nutritious snacks, the changing lifestyle of consumers, and the growing popularity of extruded snacks.
The demand for healthy and nutritious snacks is increasing due to the growing awareness of the importance of healthy eating. Consumers are increasingly looking for snacks that are low in calories and fat and high in nutrients. Extruded snacks are a good option for health-conscious consumers as they are made with healthy ingredients and are low in calories.
The changing lifestyle of consumers is another key driver of the extruded snacks market. Consumers are increasingly leading busy lifestyles and are looking for snacks that are convenient and easy to eat. Extruded snacks are easy to eat and can be carried with you on the go.
The growing popularity of extruded snacks is another key driver of the market. Extruded snacks are becoming more popular as they are a tasty and healthy snack option.
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Market Segments
The extruded snacks market report is bifurcated on the basis of type, raw material, distribution channel, and region. On the basis of type, it is segmented into simply extruded, expanded, and co-extruded. Based on raw material, it is analyzed across wheat, potato, corn, and others. By distribution channel, it is categorized into convenience stores, hypermarkets & supermarkets, e-commerce, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Players
The extruded snacks market report includes players such as Calbee, Inc., Diamond Foods, Inc., Frito-Lay North America, Inc., General Mills Inc., ITC Ltd., Old Dutch Foods, Inc., San Carlo, Shearer’s Foods, Inc., The Kellogg Company, and Balance Foods, Inc.
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