About Extruded Baked Snacks
Extrusion is a food processing procedure that involves pressing soft mixed ingredients through a perforated plate to achieve the desired, uniform shape of the food product. The resulted food is then cut to a specific size by blades, generally by machinery. Extrusion snacks also allowed for the development of new and innovative items. One of the factors boosting the growth of the global extruded baked snacks market is the growing market demand for tasty snacks and savory food, especially among children. As consumer demand, a wide variety and novelty in snack products; the demand for Extruded Baked Snacks is also increasing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Extruded Baked Snacks market is poised for continued growth, fueled by rising consumer demand for healthier, more flavorful, and convenient snacking options. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pretzels, Inc. (United States), PepsiCo (United States), ITC Ltd (India), Nutromode (India), Avebe (Netherlands), The Kellogg Company (United Kingdom), Conagra Foods Inc. (United States), Bunge Limited (United States), Premier Foods PLC (United Kingdom) and Old Dutch Foods Inc. (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Calbee (Japan), Haldiram (India), Frito- Lay (United States) and Kellogg's: (United States).
Segmentation Overview
AMA Research has segmented the market of Global Extruded Baked Snacks market by Type (Cookies, Breakfast Bars, Wheat and Cereal Bars and Others) and Region.
On the basis of geography, the market of Extruded Baked Snacks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Fat-Free will boost the Extruded Baked Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Extruded Baked Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Plastic Wrappers will boost the Extruded Baked Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Non-Veg Options in Extruded Baked Snacks
Market Growth Drivers:
Demand for Novel Snacks Items and Need of Snack Products as A Quick Meal
Challenges:
Extruded Baked Snacks Tend to Be Pricier Than Alternatives and Manufacture of Extruded Baked Snacks Is Capital Intensive Process
Restraints:
Lack of Awareness About the Availability of Extruded Baked Snacks
Opportunities:
High Demand of Extruded Baked Snacks from Developed Economies Will Boost Its Demand and Growing Efficiencies in The Manufacture of Extruded Baked Snacks Will Increase Their Demand
Market Leaders and their expansionary development strategies
In August 2023, A globally recognized food company collaborated with a flavoring and spice expert to develop a line of globally inspired baked snacks, offering consumers a taste of international delights.
In October 2023, Quinn Snacks launched its "Quinoa Puffs" line, boasting an air-popped texture, plant-based protein, and bold global flavors like Turmeric Curry and Spicy Harissa.
According to new and updated standards of FSSAI, “‘Biscuit’ is a baked product leavened or unleavened, coated or uncoated, center-filled partially or wholly such as but not limited to wafer biscuits, coated wafers, cookies, crackers, center-filled biscuits, enrobed biscuits, sandwich biscuits, crème biscuit including fat-free/ low fat or sugar-free/ low sugar variants.”
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Smart Fitness Watch Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.