Extruded Snacks market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The report provides actionable intelligence on major factors influencing the Extruded Snacks market (drivers, opportunities, industry specific challenges, and other critical issues) along with the Extruded Snacks market size of various segments.
Extruded snacks are products produced by either direct or indirect extrusion. The extrusion technology can produce a wide array of products, and the process is time effective, simple, and offers flexible designing with the product.
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On the grounds of comprehensive, reliable data derived from extensive research of multiple sources (both primary and secondary) and in-depth market analysis with inputs from industry experts, Extruded Snacks market projected to grow at a CAGR of 3.85% during the period 2017-2021.
Extruded Snacks Market Drivers, Challenges and Trends: –
Market Driver: – The demand for extruded snacks is particularly high among young population and middle-aged people. the increased need for these products motivates vendors to introduce new product offerings that cater to consumers in different parts of the world. vendors are particularly striving to manufacture products with unique flavors and ingredients to diversify consumer choices. vendors are also endeavoring to improve the packaging of the products by providing improved portion sizes through small-size packaging. such efforts also make it more convenient for the consumers. they are also incorporating healthy ingredients in their products to draw the attention of the health-conscious population.
Market Challenge: – The extruded snacks are often criticized by many health experts to be unhealthy and often the root cause of many diseases like diabetes, obesity, and heart problems. moreover, as most of these foods are highly processed, they are high in fat content and result in high bmi and weight gain. thus, the negative health effects and growing popularity of preventive healthcare are the key obstacles to the growth of extruded snacks market.
Market trend: – Currently, consumers are much more watchful about their snacking habits and are adopting healthy snacking because it fuels metabolism. Further, weight management is becoming popular as obesity rates rise. A new study released by the Organization for Economic Cooperation indicates that three out of four Americans will be overweight by 2020. Healthy snacking is considered as a complement to weight-loss plans and an easy way to satisfy hunger while consuming the vitamins and nutrients one’s body needs. More than 62% of people look for nutrient content in snacks they consume
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Market segmentation by product:- Extruded potato snacks, extruded corn snacks, extruded rice snacks, extruded mixed grain snacks, extruded other snacks market
Geographic Segmentation: – Americas, APAC, Europe, ROW
To calculate the Extruded Snacks market size the report considers the revenue generated from the sales extruded snacks globally. The report covers the market landscape and its growth prospects over the coming years. Further it converses about key vendors operating in Extruded Snacks market like Calbee, Diamonds Foods, Frito-Lay, ITC, Kellogg’s and many more.
Some of the Exhibits included in Extruded Snacks Market report: –
Exhibit 01: Product segments in global extruded snacks market
Exhibit 02: Key countries in each region
Exhibit 03: Product offerings
Exhibit 04: Global extruded snacks market compared to global savory snacks market 2015
Exhibit 05: Global savory snacks market 2015-2020 ($ billions)
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With geographic breakdown of the Extruded Snacks market in terms of detailed analysis and impact, this report provides business dimensions with an eye on growth opportunities and contribution of upcoming market segments.