Extruded Snacks Market Size, Scope, and Share by 2028
Extruded Snacks Market: Strategic Insights
Extruded Snacks Market
-
CAGR (2022 - 2028)7.1% -
Market Size 2022
US$ 62.12 Billion -
Market Size 2028
US$ 93.9 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing demand for convenient and on-the-go snacks
- Growing health consciousness and demand for healthier snacks
- Rising disposable incomes and changing consumer lifestyles
- Increasing urbanization and changing dietary habits
- Innovation in flavors, textures, and ingredients
- Emerging markets with significant growth potential
- Strong presence of key players and increasing competition
- Rising demand for premium and specialty snacks
FUTURE TRENDS
- Plant-based and alternative protein snacks
- Functional snacks with added health benefits
- Reduced sugar and low-calorie snacks
- Personalized nutrition and customized snacks
- Sustainable and ethical sourcing of ingredients
- Increased use of advanced technologies in production
- Focus on clean label and transparent labeling
- Growing demand for premium and gourmet snacks
OPPORTUNITIES
- Product innovation and diversification
- Expansion into emerging markets
- Strategic partnerships and collaborations
- Focus on clean label and natural ingredients
- Development of sustainable packaging solutions
- Online and e-commerce channels
- Customization and personalization of products
- Health and wellness-focused products
Key Players
- PepsiCo Inc
- AMICA CHIPS S p A
- Calbee
- Pepperidge Farm Incorporated
- Kellogg
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Category - Second Generation Snacks and Third Generation Snacks
Raw Material - Roots and Tubers
- Cereals and Grains
- Pulses and Lentils
Distribution Channel - Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
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