Global Extruded Snack Food Market Report and Forecast 2024-2032

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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.

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Extruded Snack Food Industry Segmentation

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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