What is Potato Extruded Snacks Market?
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.
The market study is being classified by Type (Simply extruded, Expanded and Co-extruded) and major geographies with country level break-up.
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 profiled in the study. Additionally, the Vendors which are also part of the research are San Carlo Gruppo Alimentare (Italy) and Shearer's Foods (United States).
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. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Potato Extruded Snacks market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Potato Extruded Snacks market by Type, Application 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Benefits of Extruded Snacks Such as Increased Shelf Life
- Increasing Disposable Income among the Consumers
- Changing Lifestyle among the Millennials
- High Calories and Low Content of Protein in Extruded Snacks
- Growing Online Sales is Boosting the Market Growth
- Increased Demand of Potato Based Snacks in Countries Such as India
- Increasing Health Awareness May Hamper the Extruded Snacks
Market Leaders and some 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 AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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