About Potato Extruded Snacks
Extrusion cooking is the way of preparing ready-to-eat food and snacks while saving energy. It offers versatility in terms of ingredient selection and texture & shape of products that can be produced. These snacks also contain less moisture which makes them shelf stable and increases their shelf life. Potato extruded snacks includes crushed dried potatoes, fish powder from growths, flanks, napes, fish bellies, cuts from ridges, slices and non-standard pieces of salmon and dry malt grains. These extruded snacks contain large amount of starch that allows the product to remain intact during mass production.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Potato Extruded Snacks market throughout the forecasted period. 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.
Calbee (Japan), Diamond Foods (United States), Pepsi (United States), Grupo Bimbo (Mexico), ITC (India), Old Dutch Foods (United States), Kellogg (United States), Lorenz Bahlsen (Germany), General Mills (United States) and Kraft Foods (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are San Carlo Gruppo Alimentare (Italy) and Shearer's Foods (United States).
Segmentation Overview
AMA Research has segmented the market of Global Potato Extruded Snacks market by Type (Simply extruded, Expanded and Co-extruded) and Region.
On the basis of geography, the market of Potato Extruded 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 Content, the sub-segment i.e. Low fat will boost the Potato Extruded Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method of manufacturing, the sub-segment i.e. Single-screw extruder will boost the Potato Extruded 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. Convenience stores will boost the Potato Extruded Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Changing Lifestyle among the Millennials
Market Growth Drivers:
Benefits of Extruded Snacks Such as Increased Shelf Life and Increasing Disposable Income among the Consumers
Challenges:
Increasing Health Awareness May Hamper the Extruded Snacks
Restraints:
High Calories and Low Content of Protein in Extruded Snacks
Opportunities:
Growing Online Sales is Boosting the Market Growth and Increased Demand of Potato Based Snacks in Countries Such as India
Market Leaders and their expansionary development strategies
On October 2019, Calbee has acquired Warnock Food Products, Inc. to expand its presence in the US market and neighbouring countries.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations 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.