Extruded Snacks Market By Product Type (Chips, Puffs, Crackers, Pretzels), By Raw Material (Corn, Rice, Wheat, Potato, Multigrain), By Flavor (Cheese, Spicy, Sweet, Sour, Barbecue, Other Flavors), By End-Use Application (Retail, Foodservice), By Packaging Type (Flexible Packaging, Rigid Packaging), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail), and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Extruded Snacks Market was valued at USD 24.1 billion and will surpass USD 36.9 billion by 2030; growing at a CAGR of 6.3% during 2024 - 2030.

The extruded snacks market has experienced substantial growth due to changing consumer preferences for convenient, innovative, and tasty snack options. Extruded snacks are typically made by forcing dough or raw materials such as corn, rice, or potato through a machine to create shapes and textures, then baking or frying them. This process allows for the creation of various snack types, including chips, puffs, and pretzels, which are highly popular in both retail and foodservice segments. With growing demand for savory, sweet, and diverse flavored snacks, the market is expected to continue expanding as manufacturers innovate with new textures, flavors, and healthier options.

The rise of snacking culture, particularly among younger generations and busy professionals, has contributed significantly to the growth of the extruded snacks market. Consumers are increasingly seeking out products that are not only delicious but also convenient and portable. The growing trend towards healthier snacks, which includes the use of alternative grains, low-fat, and low-sodium options, is also influencing the market dynamics. Additionally, online retail platforms have further boosted market access, allowing consumers to explore a wide variety of snack products conveniently.

Chips Segment is Largest Due to Popularity and Versatility

Chips are the largest product type within the extruded snacks market, driven by their widespread popularity and versatility. Chips are a staple in the snack category, with both traditional potato chips and a variety of other options made from corn, rice, or multigrain materials. The universal appeal of chips, combined with their convenience, affordability, and variety of flavors, has solidified their dominant position in the market.

Innovations in chip flavors, such as barbecue, sour cream, and cheese, as well as the introduction of healthier, low-fat, and low-sodium alternatives, have contributed to the sustained growth of this segment. Moreover, the increasing availability of chips in convenient packaging formats and the growing trend of premium, gourmet chips have further boosted demand. As a result, chips continue to capture a significant share of the market and are expected to maintain their leadership position in the coming years.

Cheese Flavor is Fastest Growing Due to Consumer Preferences for Savory Tastes

The cheese flavor segment is the fastest growing in the extruded snacks market, fueled by the widespread consumer preference for savory snacks. Cheese-flavored snacks have long been a favorite among consumers, owing to their rich taste and indulgent quality. As demand for flavorful, umami-rich snacks continues to rise, manufacturers are increasingly focusing on creating new and diverse cheese-flavored products, including various cheese types such as cheddar, nacho cheese, and creamy cheese.

The popularity of cheese-flavored extruded snacks is particularly strong in regions like North America and Europe, where cheese-based snacks are a household staple. Moreover, the increasing trend toward bold and gourmet flavors, combined with the indulgence factor of cheese, is driving market growth. The versatility of cheese in snack applications—whether as a seasoning or as the primary flavor—further contributes to its rapid growth. With innovation in flavor profiles and new product offerings, the cheese flavor segment is poised to expand rapidly in the coming years.

Retail End-Use Application is Largest Due to Consumer Accessibility

The retail end-use application is the largest segment in the extruded snacks market, as consumers increasingly purchase snacks for personal consumption from supermarkets, hypermarkets, and convenience stores. Retail outlets serve as the primary distribution channel for extruded snacks, offering a wide range of products for consumers to choose from. The availability of various snack options, packaging sizes, and price points makes it easy for consumers to purchase extruded snacks for on-the-go consumption, home snacking, and social occasions.

Supermarkets and hypermarkets are key players in this space due to their ability to offer a broad selection of extruded snacks from leading brands, along with private label options. The rise of online retail has also played a role in boosting the retail sector by providing consumers with greater convenience and the ability to shop for snacks from home. With increasing disposable incomes, especially in emerging markets, the retail sector's prominence in the extruded snacks market is expected to continue growing.

Flexible Packaging is Most Common Due to Convenience and Cost Efficiency

Flexible packaging is the most common packaging type used for extruded snacks, driven by its cost-effectiveness, convenience, and ability to extend shelf life. Flexible packaging, which includes options such as plastic bags, pouches, and wraps, is lightweight, durable, and easily customizable for branding purposes. The flexibility of this packaging type also allows for a variety of sizes, making it suitable for individual servings or larger family-sized packs.

Moreover, flexible packaging helps in preserving the freshness and crunch of extruded snacks, which is a key factor in maintaining consumer satisfaction. The growing trend toward convenience and portability has further increased the preference for flexible packaging. Additionally, advances in recyclable and eco-friendly materials are fueling the development of sustainable flexible packaging options. This shift is likely to continue as both manufacturers and consumers prioritize sustainability and environmental impact.

North America is Largest Region Due to Strong Demand and Established Market

North America is the largest region in the extruded snacks market, with the United States and Canada representing major contributors to market growth. The region's high consumption of snack foods, particularly in the form of chips, puffs, and pretzels, has propelled the demand for extruded snacks. North America also boasts a well-established retail infrastructure, including leading supermarkets, convenience stores, and a strong presence of online retail platforms, all of which provide easy access to a variety of snack products.

The popularity of extruded snacks in North America is further supported by the region's high disposable income, busy lifestyles, and strong preference for convenience foods. Moreover, the increasing focus on product innovation, particularly with regard to flavor and health-conscious formulations, has strengthened the growth of the market in this region. North America's dominance is expected to continue, though emerging markets in Asia Pacific and Latin America are showing strong potential for growth.

Competitive Landscape and Key Players

The extruded snacks market is highly competitive, with numerous players operating across different regions. Leading companies in the market include PepsiCo (Frito-Lay), Kellogg's, Mondelez International, and General Mills, which dominate the snack segment through their well-established brands such as Lay's, Pringles, Doritos, and Cheetos. These companies have strong distribution networks, innovative product offerings, and a focus on brand loyalty, which enables them to maintain significant market share.

In addition to large multinational corporations, there is a growing number of smaller, regional players and new entrants offering niche products, particularly healthier snack alternatives and gourmet flavors. The increasing focus on sustainability, with companies adopting eco-friendly packaging and promoting clean label ingredients, is shaping the competitive landscape. As consumer demand for diverse flavors, healthier options, and convenient packaging continues to rise, competition in the extruded snacks market is expected to intensify, leading to further innovation and differentiation among brands.

Recent Developments:

  • PepsiCo launched a new line of healthier extruded snacks made with plant-based ingredients.
  • Calbee, Inc. expanded its extruded snack offerings with new flavors to cater to the growing demand for unique taste experiences.
  • Mondelez International introduced a new low-calorie extruded snack aimed at health-conscious consumers.
  • General Mills, Inc. invested in sustainable packaging for its extruded snacks to reduce environmental impact.
  • Conagra Brands, Inc. acquired a leading extruded snack company to strengthen its position in the snack industry.

List of Leading Companies:

  • PepsiCo, Inc.
  • Kellogg Company
  • General Mills, Inc.
  • Mondelez International, Inc.
  • Conagra Brands, Inc.
  • Utz Brands, Inc.
  • Calbee, Inc.
  • Intersnack Group GmbH & Co. KG
  • PepsiCo (Lay's, Doritos)
  • Pringles (Kellogg's)
  • Hain Celestial Group
  • Herdez Del Fuerte (Grupo Herdez)
  • Amica Chips S.A.
  • Munchy's (Munchy’s Food Industries)
  • Old Dutch Foods, Inc.

Report Scope:

Report Features

Description

Market Size (2023)

USD 24.1 billion

Forecasted Value (2030)

USD 36.9 billion

CAGR (2024 – 2030)

6.3%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Extruded Snacks Market By Product Type (Chips, Puffs, Crackers, Pretzels), By Raw Material (Corn, Rice, Wheat, Potato, Multigrain), By Flavor (Cheese, Spicy, Sweet, Sour, Barbecue, Other Flavors), By End-Use Application (Retail, Foodservice), By Packaging Type (Flexible Packaging, Rigid Packaging), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

PepsiCo, Inc., Kellogg Company, General Mills, Inc., Mondelez International, Inc., Conagra Brands, Inc., Utz Brands, Inc., Calbee, Inc., Intersnack Group GmbH & Co. KG, PepsiCo (Lay's, Doritos), Pringles (Kellogg's), Hain Celestial Group, Herdez Del Fuerte (Grupo Herdez), Amica Chips S.A., Munchy's (Munchy’s Food Industries), Old Dutch Foods, Inc.

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Extruded Snacks Market, by Product Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Chips

   4.2. Puffs

   4.3. Crackers

   4.4. Pretzels

   4.5. Others

5. Extruded Snacks Market, by Raw Material (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Corn

   5.2. Rice

   5.3. Wheat

   5.4. Potato

   5.5. Multigrain

6. Extruded Snacks Market, by Flavor (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Cheese

   6.2. Spicy

   6.3. Sweet

   6.4. Sour

   6.5. Barbecue

   6.6. Other Flavors

7. Extruded Snacks Market, by End-Use Application (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Retail

   7.2. Foodservice

8. Extruded Snacks Market, by Packaging Type (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Flexible Packaging

   8.2. Rigid Packaging

9. Extruded Snacks Market, by Distribution Channel (Market Size & Forecast: USD Million, 2022 – 2030)

   9.1. Supermarkets/Hypermarkets

   9.2. Convenience Stores

   9.3. Online Retail

10. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   10.1. Regional Overview

   10.2. North America

      10.2.1. Regional Trends & Growth Drivers

      10.2.2. Barriers & Challenges

      10.2.3. Opportunities

      10.2.4. Factor Impact Analysis

      10.2.5. Technology Trends

      10.2.6. North America Extruded Snacks Market, by Product Type

      10.2.7. North America Extruded Snacks Market, by Raw Material

      10.2.8. North America Extruded Snacks Market, by Flavor

      10.2.9. North America Extruded Snacks Market, by End-Use Application

      10.2.10. North America Extruded Snacks Market, by Packaging Type

      10.2.11. North America Extruded Snacks Market, by Distribution Channel

      10.2.12. By Country

         10.2.12.1. US

               10.2.12.1.1. US Extruded Snacks Market, by Product Type

               10.2.12.1.2. US Extruded Snacks Market, by Raw Material

               10.2.12.1.3. US Extruded Snacks Market, by Flavor

               10.2.12.1.4. US Extruded Snacks Market, by End-Use Application

               10.2.12.1.5. US Extruded Snacks Market, by Packaging Type

               10.2.12.1.6. US Extruded Snacks Market, by Distribution Channel

         10.2.12.2. Canada

         10.2.12.3. Mexico

    *Similar segmentation will be provided for each region and country

   10.3. Europe

   10.4. Asia-Pacific

   10.5. Latin America

   10.6. Middle East & Africa

11. Competitive Landscape

   11.1. Overview of the Key Players

   11.2. Competitive Ecosystem

      11.2.1. Level of Fragmentation

      11.2.2. Market Consolidation

      11.2.3. Product Innovation

   11.3. Company Share Analysis

   11.4. Company Benchmarking Matrix

      11.4.1. Strategic Overview

      11.4.2. Product Innovations

   11.5. Start-up Ecosystem

   11.6. Strategic Competitive Insights/ Customer Imperatives

   11.7. ESG Matrix/ Sustainability Matrix

   11.8. Manufacturing Network

      11.8.1. Locations

      11.8.2. Supply Chain and Logistics

      11.8.3. Product Flexibility/Customization

      11.8.4. Digital Transformation and Connectivity

      11.8.5. Environmental and Regulatory Compliance

   11.9. Technology Readiness Level Matrix

   11.10. Technology Maturity Curve

   11.11. Buying Criteria

12. Company Profiles

   12.1. PepsiCo, Inc.

      12.1.1. Company Overview

      12.1.2. Company Financials

      12.1.3. Product/Service Portfolio

      12.1.4. Recent Developments

      12.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   12.2. Kellogg Company

   12.3. General Mills, Inc.

   12.4. Mondelez International, Inc.

   12.5. Conagra Brands, Inc.

   12.6. Utz Brands, Inc.

   12.7. Calbee, Inc.

   12.8. Intersnack Group GmbH & Co. KG

   12.9. PepsiCo (Lay's, Doritos)

   12.10. Pringles (Kellogg's)

   12.11. Hain Celestial Group

   12.12. Herdez Del Fuerte (Grupo Herdez)

   12.13. Amica Chips S.A.

   12.14. Munchy's (Munchy’s Food Industries)

   12.15. Old Dutch Foods, Inc.

13. Appendix

A comprehensive market research approach was employed to gather and analyze data on the Extruded Snacks Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Extruded Snacks Market. The research methodoloagy encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Extruded Snacks Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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