Extruded snacks market 1

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Extruded Snacks Market Research ReportExtruded Snacks Market OverviewExtruded snacks Market are derived through extrusion process of blending, shaping,drying, flavoring and packaging. Most commonly used sources for extrusion snacksare potato, rice, corn, tapioca, mixed grain, and others. Extrusion is an importantfood processing technique for the preparation of nutritious food for which extrudedsnacks are gaining popularity as a healthy snack. Increasing health consciouspopulation and their awareness towards healthy snacking is driving the growth ofExtruded Snacks Industry.Market ForecastExtrusion is a process that combines several operations such as mixing, cooking,kneading, shearing, shaping and forming. It is a popular means of preparing healthysnacks and ready to eat foods. High inclination of consumers towards ready to eatpackaged foods is driving the growth of extruded snacks market.Changing lifestyle and consumers’ consumption pattern is further driving the growthof extruded snacks market. Furthermore, aggressive marketing strategies andattractive packaging is adding fuel to the growth of extruded snacks market. All thesefactors are projected to contribute to the estimated CAGR of 4.9% of extruded snacksmarket during the forecast period 2017-2023.Latest Industry UpdatesJan 2018 GEA plans to extend their portfolio following their acquisition of PavanGroup in Italy, which supplies extrusion and milling technology for processing pasta,snacks and breakfast cereals.Dec 2017 Prataap Snacks, a leading Indian snack foods company with productsspanning across various categories like extruded snacks, chips & namkeen, hasentered the category of sweet snacks market through its wholly owned subsidiarywith the launch of its new brand 'Rich Feast'.Competitive AnalysisThe Major Players In The Extruded Snacks Market• Calbee, Inc. (Japan)• Kellogg Co. (U.S.)• Frito-Lay North America, Inc (U.S.)P a g e | 2sales@marketresearchfuture.comCopyright © 2017 Market Research Future.
Extruded Snacks Market Research Report• ITC (India)• Diamond Foods Inc. (U.S.)• Mondelez International Inc. (U.S.)• Old Dutch Foods, Inc. (U.S.)Downstream AnalysisExtruded Snacks Market can be segmented based on type such as sweet and savory.Savory segment is dominating the extruded snacks market and is expected towitness a substantial growth over the estimated period. Whereas sweet segment isprojected to grow at a moderate rate in the coming years.On the basis of source, extruded snacks market is segmented into potato, rice, corn,tapioca, mixed grain, and others. Among all, potato segment is dominating themarket owing to its attribute of easy break down with definite flavor. However, riceand corn are expected to witness substantial growth in the coming years.Based on distribution channel, extruded snacks are segmented into store based andnon-store based. Store based distribution channel is dominating the market amongwhich hypermarket and supermarket are the major contributors based on selfpickingshopping experience and multiple brand options available to the customers.For more information @https://www.marketresearchfuture.com/reports/extruded-snacksmarket-4818Regional AnalysisThe global Extruded Snacks Market is segmented into North America, Europe, AsiaPacific and rest of the world (RoW). Asia Pacific is dominating the market based ona wide range of variety available to the consumers at reasonable prices. India is themajor contributor to the growth of extruded snacks market in Asia Pacific.Europe is expected to grow substantially over the forecast period owing to highinclination towards healthy snacking among the consumers. In North America, theU.S. is the major contributor of extruded snacks market. Moreover, continuousinnovations and intense competition among key players is growing the extrudedsnacks market in rest of the world.P a g e | 3sales@marketresearchfuture.comCopyright © 2017 Market Research Future.
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