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Extruded Snack Food Market

Global Extruded Snack Food Market Size, Share, Growth: By Material: Potato, Corn, Rice, Tapioca, Mixed Grains, Others; By Type: Simply Extruded, Expanded, Co-Extruded; By Extrusion Method: Single Screw Processing, Twin Screw Processing; By Distribution Channel; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Extruded Snack Food Market Outlook

The global extruded snack food market attained a value of USD 90.34 billion by 2023. The market is further expected to witness a CAGR of 2.3% in the forecast period of 2024-2032 to attain USD 110.86 billion by 2032.

 

Extruded Snack Food Market

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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 2024-2032” provides a comprehensive analysis for anyone who plans to foray into the market.

 

Properties and Applications

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.

 

Extruded Snack Food Market by Segments

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On the basis of material, the industry is divided into potato, corn, rice, tapioca, and mixed grains, among others. 

On the basis of types, the industry is categorized into:

  • Simply Extruded
  • Expanded
  • Co-Extruded

On the basis of extrusion method, the industry is bifurcated into single screw processing and twin screw processing. On the basis of distribution channel, the industry is segmented into supermarkets/hypermarkets, convenience stores, specialty food stores, online retail, and others.

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Extruded Snack Food Market by Region

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Market Analysis

Historical market trends for the extruded snack food industry have been provided from 2018-2023 and forecasts have been presented till 2032. On a regional level, Europe currently represents the largest market. 

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 Inc., The Kraft Heinz Company, Mars, Incorporated, Nestlé S.A., and The Hershey Company.

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.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global extruded snack food market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Baker Perkins
  • Chipita S.A.
  • Bunge North America, Inc. 
  • Clextral
  • Others

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material
  • Type
  • Extrusion Method
  • Distribution Channel
  • Region
Breakup by Material
  • Potato
  • Corn
  • Rice
  • Tapioca
  • Mixed Grains
  • Others
Breakup by Type
  • Simply Extruded
  • Expanded
  • Co-Extruded
Breakup by Extrusion Method
  • Single Screw Processing
  • Twin Screw Processing
Breakup by Distribution Channel
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Retail
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Baker Perkins
  • Chipita S.A.
  • Bunge North America, Inc. 
  • Clextral
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Snack Food Market Overview    

    8.1    Key Industry Highlights
    8.2    Global Snack Food Historical Market (2018-2023) 
    8.3    Global Snack Food Market Forecast (2024-2032)
    8.4    Global Snack Food Market by Snack Type
    8.5    Global Snack Food Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Global Extruded Snack Food Market Analysis
    9.1    Key Industry Highlights
    9.2    Global Extruded Snack Food Historical Market (2018-2023) 
    9.3    Global Extruded Snack Food Market Forecast (2024-2032)
    9.4    Global Extruded Snack Food Market by Material
        9.4.1    Potato
            9.4.1.1    Market Share
            9.4.1.2    Historical Trend (2018-2023)
            9.4.1.3    Forecast Trend (2024-2032)
        9.4.2    Corn
            9.4.2.1    Market Share
            9.4.2.2    Historical Trend (2018-2023)
            9.4.2.3    Forecast Trend (2024-2032)
        9.4.3    Rice
            9.4.3.1    Market Share
            9.4.3.2    Historical Trend (2018-2023)
            9.4.3.3    Forecast Trend (2024-2032)
        9.4.4    Tapioca
            9.4.4.1    Market Share
            9.4.4.2    Historical Trend (2018-2023)
            9.4.4.3    Forecast Trend (2024-2032)
        9.4.5    Mixed Grains
            9.4.5.1    Market Share
            9.4.5.2    Historical Trend (2018-2023)
            9.4.5.3    Forecast Trend (2024-2032)
        9.4.6    Others
    9.5    Global Extruded Snack Food Market by Type
        9.5.1    Simply Extruded
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2018-2023)
            9.5.1.3    Forecast Trend (2024-2032)
        9.5.2    Expanded
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2018-2023)
            9.5.2.3    Forecast Trend (2024-2032)
        9.5.3    Co-Extruded
            9.5.3.1    Market Share
            9.5.3.2    Historical Trend (2018-2023)
            9.5.3.3    Forecast Trend (2024-2032)
    9.6    Global Extruded Snack Food Market by Extrusion Method
        9.6.1    Single Screw Processing
            9.6.1.1    Market Share
            9.6.1.2    Historical Trend (2018-2023)
            9.6.1.3    Forecast Trend (2024-2032)
        9.6.2    Twin Screw Processing
            9.6.2.1    Market Share
            9.6.2.2    Historical Trend (2018-2023)
            9.6.2.3    Forecast Trend (2024-2032)
    9.7    Global Extruded Snack Food Market by Distribution Channel
        9.7.1    Supermarkets/Hypermarkets
            9.7.1.1    Market Share
            9.7.1.2    Historical Trend (2018-2023)
            9.7.1.3    Forecast Trend (2024-2032)
        9.7.2    Convenience Stores
            9.7.2.1    Market Share
            9.7.2.2    Historical Trend (2018-2023)
            9.7.2.3    Forecast Trend (2024-2032)
        9.7.3    Specialty Food Stores
            9.7.3.1    Market Share
            9.7.3.2    Historical Trend (2018-2023)
            9.7.3.3    Forecast Trend (2024-2032)
        9.7.4    Online Retail
            9.7.4.1    Market Share
            9.7.4.2    Historical Trend (2018-2023)
            9.7.4.3    Forecast Trend (2024-2032)
        9.7.5    Others
    9.8    Global Extruded Snack Food Market by Region
        9.8.1    Market Share
            9.8.1.1    North America
            9.8.1.2    Europe
            9.8.1.3    Asia Pacific
            9.8.1.4    Latin America
            9.8.1.5    Middle East and Africa
10    Regional Analysis
    10.1    North America
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
        10.1.3    Breakup by Country
            10.1.3.1    United States of America 
            10.1.3.2    Canada
    10.2    Europe
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
        10.2.3    Breakup by Country
            10.2.3.1    United Kingdom
            10.2.3.2    Germany
            10.2.3.3    France
            10.2.3.4    Italy
            10.2.3.5    Others
    10.3    Asia Pacific
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
        10.3.3    Breakup by Country
            10.3.3.1    China
            10.3.3.2    Japan
            10.3.3.3    India
            10.3.3.4    ASEAN
            10.3.3.5    Australia
            10.3.3.6    Others
    10.4    Latin America
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
        10.4.3    Breakup by Country
            10.4.3.1    Brazil
            10.4.3.2    Argentina
            10.4.3.3    Mexico
            10.4.3.4    Others
    10.5    Middle East and Africa
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
        10.5.3    Breakup by Country
            10.5.3.1    Saudi Arabia
            10.5.3.2    United Arab Emirates
            10.5.3.3    Nigeria
            10.5.3.4    South Africa
            10.5.3.5    Others
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    Key Indicators for Demand
    11.4    Key Indicators for Price
12    Value Chain Analysis 
13    
Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Baker Perkins
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications 
        13.2.2    Chipita S.A.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications 
        13.2.3    Bunge North America, Inc. 
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications 
        13.2.4    Clextral
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications 
        13.2.5    Others
14    Industry Events and Developments

 

Additional Customisations Available

1.    Manufacturing Process
    1.1.    Overview
    1.2.    Detailed Process Flow
    1.3.    Operations Involved
2.    Project Requirements and Cost Analysis
    2.1.    Land, Location and Site Development
    2.2.    Construction
    2.3.    Plant Machinery
    2.4.    Cost of Raw Material
    2.5.    Packaging
    2.6.    Transportation
    2.7.    Utilities
    2.8.    Manpower
    2.9.    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Snack Food Market: Key Industry Highlights, 2018 and 2032
2.    Global Snack Food Historical Market: Breakup by Snack Type (USD Billion), 2018-2023
3.    Global Snack Food Market Forecast: Breakup by Snack Type (USD Billion), 2024-2032
4.    Global Snack Food Historical Market: Breakup by Region (USD Billion), 2018-2023
5.    Global Snack Food Market Forecast: Breakup by Region (USD Billion), 2024-2032
6.    Global Extruded Snack Food Market: Key Industry Highlights, 2018 and 2028
7.    Global Extruded Snack Food Historical Market: Breakup by Material (USD Billion), 2018-2023
8.    Global Extruded Snack Food Market Forecast: Breakup by Material (USD Billion), 2024-2032
9.    Global Extruded Snack Food Historical Market: Breakup by Type (USD Billion), 2018-2023
10.    Global Extruded Snack Food Market Forecast: Breakup by Type (USD Billion), 2024-2032
11.    Global Extruded Snack Food Historical Market: Breakup by Extrusion Method (USD Billion), 2018-2023
12.    Global Extruded Snack Food Market Forecast: Breakup by Extrusion Method (USD Billion), 2024-2032
13.    Global Extruded Snack Food Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
14.    Global Extruded Snack Food Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
15.    Global Extruded Snack Food Historical Market: Breakup by Region (USD Billion), 2018-2023
16.    Global Extruded Snack Food Market Forecast: Breakup by Region (USD Billion), 2024-2032
17.    North America Extruded Snack Food Historical Market: Breakup by Country (USD Billion), 2018-2023
18.    North America Extruded Snack Food Market Forecast: Breakup by Country (USD Billion), 2024-2032
19.    Europe Extruded Snack Food Historical Market: Breakup by Country (USD Billion), 2018-2023
20.    Europe Extruded Snack Food Market Forecast: Breakup by Country (USD Billion), 2024-2032
21.    Asia Pacific Extruded Snack Food Historical Market: Breakup by Country (USD Billion), 2018-2023
22.    Asia Pacific Extruded Snack Food Market Forecast: Breakup by Country (USD Billion), 2024-2032
23.    Latin America Extruded Snack Food Historical Market: Breakup by Country (USD Billion), 2018-2023
24.    Latin America Extruded Snack Food Market Forecast: Breakup by Country (USD Billion), 2024-2032
25.    Middle East and Africa Extruded Snack Food Historical Market: Breakup by Country (USD Billion), 2018-2023
26.    Middle East and Africa Extruded Snack Food Market Forecast: Breakup by Country (USD Billion), 2024-2032
27.    Global Extruded Snack Food Market Structure

Key Questions Answered in the Report

In 2023, the global extruded snack food market attained a value of nearly 90.34 billion.

The market is likely to grow at a CAGR of 2.3% during the forecast period of 2024-2032.

By 2032, the market is projected to reach a value of 110.86 billion.

The major drivers of the market include increasing urbanisation, rising population, changing lifestyles, and increasing disposable incomes.

The rapidly rising number of young population and working women, especially in the emerging economies, is a key trend for the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Europe accounting for the largest share in the market. 

The major materials of the product in the market are potato, corn, rice, tapioca, and mixed grains, among others.

The significant types of the product in the market include simply extruded, expanded, and co-extruded.

The major extrusion methods of the product in the market are bifurcated into single screw processing and twin screw processing.

The significant distribution channels of the product in the market are supermarkets/hypermarkets, convenience stores, speciality food stores, online retail, and others.

The major players in the market are Baker Perkins, Chipita S.A., Bunge North America, Inc., and Clextral, among others.

Analyst Review

The global extruded snack food market attained a value of USD 90.34 billion by 2023, driven by changing lifestyles and food habits. Aided by the increasing number of younger population, the market is expected to witness a steady growth at a CAGR of 2.3% in the forecast period of 2024-2032 to reach a value of USD 110.86 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its materials, the extruded snack food industry can be segmented into potato, corn, rice, tapioca, and mixed grains, among others. On the basis of types, the industry is divided into simply extruded, expanded, and co-extruded. On the basis of extrusion methods, the industry is bifurcated into single screw processing and twin screw processing. On the basis of distribution channel, the industry is divided into supermarkets/hypermarkets, convenience stores, specialty food stores, online retail, and others. The major regional markets for extruded snack food are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above market include Baker Perkins, Chipita S.A., Bunge North America, Inc., Clextral, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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