#extruded snacks market analysis

[rakshasns]

Savory Snacks Market Types, End Users and Application, 2030

Savory Snacks to Reach $394.93 Billion by 2030, Growing at a CAGR of 5.7%

Global Savory Snacks Size, Share, and Forecast Report 2023-2030

Introduction

The Savory Snacks Market Growth is on a robust growth trajectory, driven by changing consumer preferences, increased snacking habits, and innovation in product offerings. Valued at USD 253.46 billion in 2022, the is projected to reach USD 394.93 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030. Savory snacks encompass a wide variety of products, including potato chips, extruded snacks, popcorn, nuts, seeds, puffed snacks, and tortillas, appealing to diverse taste preferences and snacking occasions.

This press release explores the key drivers behind growth, highlights emerging trends, provides a detailed segmentation analysis, and presents regional insights as the savory snacks continues to evolve globally.

 Drivers and Growth Factors

Several factors are contributing to the significant growth of the savory snacks :

Rising Demand for Convenient and On-the-Go Snacks: With increasingly busy lifestyles, consumers are seeking convenient snack options that can be consumed on the go. Savory snacks provide an ideal solution for quick and satisfying eating experiences, making them a popular choice among busy professionals and active consumers.

Growing Health Consciousness: As consumers become more health-conscious, there is a rising demand for healthier snack options. This trend has led to the introduction of savory snacks that incorporate whole grains, low sodium, and better-quality ingredients. Brands are innovating to create snacks that align with health trends while maintaining flavor and satisfaction.

Variety of Flavors and Unique Offerings: The savory snacks is characterized by an extensive range of flavors, catering to diverse consumer preferences. From traditional flavors like salty and barbeque to innovative combinations, the variety available is driving consumer interest and encouraging trial and repeat purchases.

Increasing Popularity of Sharing Snacks: The trend of social gatherings and sharing snacks has led to increased demand for larger packaging formats and multi-serving options. This has resulted in the growth of products such as family-sized bags of chips, popcorn, and nuts, contributing to expansion.

E-commerce Growth and Online Availability: The rise of e-commerce has transformed the way consumers purchase snacks. Online platforms offer convenience, variety, and the ability to access products from different regions. The increasing availability of savory snacks through online channels is driving sales and expanding the consumer base.

 Segmentation

The global savory snacks can be segmented by product, flavor, and region.

By Product:

Potato Chips: Potato chips are one of the most popular savory snacks, offering a variety of flavors and textures. Their widespread availability and continuous innovation in flavors drive significant sales in this segment.

Extruded Snacks: Extruded snacks, which include products like cheese puffs and corn snacks, are gaining popularity due to their crunchiness and flavor versatility. This segment is characterized by innovative product launches that cater to changing consumer preferences.

Popcorn: Popcorn has emerged as a favored snack for its low calorie count and potential health benefits when prepared with minimal oil and seasoning. The rise of gourmet popcorn varieties is further propelling its growth.

Nuts & Seeds: The demand for nuts and seeds as a healthy snack option is on the rise. These snacks are rich in protein and healthy fats, appealing to health-conscious consumers looking for nutritious options.

Puffed Snacks: Puffed snacks, often made from rice or corn, are light and crispy, making them a popular choice for consumers seeking low-calorie options. Their flavor adaptability contributes to their growing presence.

Tortillas: Tortilla chips have gained popularity as a savory snack, particularly in dips and as part of Mexican cuisine. The trend toward plant-based and gluten-free options is also driving innovation in this segment.

By Flavor:

Barbeque: Barbeque-flavored snacks remain a favorite among consumers, offering a smoky and savory taste that appeals to a wide audience.

Spice: Spicy snacks have gained traction as consumers seek bold flavors. Spicy seasonings and combinations add an exciting dimension to traditional snack offerings.

Salty: Salty snacks, which include a variety of chips and crackers, continue to dominate the due to their classic appeal and satisfying taste.

Plain/Unflavored: Plain or unflavored snacks, such as salted nuts or tortilla chips, provide a versatile base for pairing with dips and spreads.

Regional Outlook

North America: North America is one of the largest s for savory snacks, driven by strong consumer demand and a well-established food culture. The U.S. leads the , with a diverse array of snack options available. The trend toward health-conscious snacking is also prominent in this region.

Europe: Europe is another significant for savory snacks, with countries like Germany, the U.K., and France leading the demand. The region's snack is characterized by a growing interest in premium and gourmet snack options, as well as a focus on healthier alternatives.

Asia-Pacific: The Asia-Pacific region is expected to witness the fastest growth in the savory snacks during the forecast period. Factors such as rising disposable incomes, changing lifestyles, and increasing urbanization are contributing to the demand for snacks in countries like China, India, and Japan.

Latin America and Middle East & Africa: These regions are emerging s for savory snacks, with increasing interest in convenience foods and snacks. The growth of the middle-class population and changing dietary habits are driving expansion in Brazil, Mexico, South Africa, and the UAE.

Trends Shaping the Future of the Savory Snacks

Health and Wellness Trends: The growing focus on health and wellness is prompting manufacturers to innovate and create snacks that are lower in fat, sodium, and artificial additives. Plant-based and gluten-free options are becoming increasingly popular among health-conscious consumers.

Sustainable Packaging: As environmental concerns rise, brands are adopting sustainable packaging solutions for savory snacks. Biodegradable, recyclable, and eco-friendly packaging options are becoming essential for attracting environmentally conscious consumers.

Gourmet and Premium Offerings: There is a rising demand for gourmet and premium savory snacks that offer unique flavors and high-quality ingredients. Consumers are willing to pay a premium for artisanal and innovative snack products that provide a distinct culinary experience.

Innovative Flavors and Fusion Products: The trend of fusion flavors and innovative seasoning blends is shaping the savory snacks . Consumers are seeking exciting and novel taste experiences, driving manufacturers to experiment with new flavors and combinations.

Key Players

Several key players are leading the growth of the savory snacks , including:

PepsiCo, Inc.

The Kraft Heinz Company

Mondelez International, Inc.

General Mills, Inc.

Utz Brands, Inc.

These companies are focusing on product innovation, expanding their product lines, and enhancing distribution channels to capture a larger share of the growing .

Conclusion

The global savory snacks is on a significant growth path, driven by increasing consumer demand for convenient, flavorful, and healthy snack options. With a projected CAGR of 5.7% from 2023 to 2030, the is expected to reach $394.93 billion by 2030, providing ample opportunities for innovation and expansion across various segments and regions.

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[priyanshisingh]

Processed Potato Market Analysis: Global Industry Trends and Forecast (2023-2032)

The Processed Potato Market is expected to witness substantial growth, with market revenue projected to increase from USD 68,637.3 million in 2024 to USD 101,022.88 million by 2032, representing a compound annual growth rate (CAGR) of 4.95%.

The processed potato market has witnessed significant growth due to increasing consumer demand for convenience foods and the versatility of potatoes as a raw material. This market encompasses a variety of products, including frozen potatoes, potato chips, dehydrated potatoes, and others, catering to both the retail and foodservice sectors. Major players such as McCain Foods, Lamb Weston, and J.R. Simplot dominate the market, leveraging advanced processing technologies and extensive distribution networks to maintain their competitive edge. Rising urbanization and changing dietary habits have fueled the demand for ready-to-eat and easy-to-prepare potato products, particularly in emerging economies.

Additionally, innovations in flavor and packaging, along with a focus on healthier product variants, have further driven market expansion. However, challenges such as fluctuating raw material prices and stringent regulatory standards pose potential hurdles for market growth. Overall, the processed potato market is poised for continued expansion, driven by consumer trends and ongoing product innovations.

Processed potatoes are widely used in various food dishes due to their versatility, convenience, and extended shelf life. Here are some common ways processed potatoes are utilized in food dishes:

Frozen French Fries:

Fast Food: Served as a side dish in burgers, sandwiches, and wraps.

Restaurants: Accompanied with steaks, grilled chicken, or seafood.

Home Cooking: Easy and quick side dish for homemade meals.

Potato Chips:

Snacks: Consumed as a standalone snack.

Appetizers: Included in party platters and appetizers with dips and sauces.

Salads: Used as a crunchy topping for salads.

Dehydrated Potatoes:

Instant Mashed Potatoes: Quick preparation side dish for dinners.

Baking: Ingredient in bread, rolls, and other baked goods to improve texture.

Soups and Stews: Thickening agent and added texture in soups and stews.

Potato Flakes and Granules:

Snacks: Base for snack products like potato puffs and extruded snacks.

Baking: Added to dough for bread and pastry to enhance moisture content.

Coatings: Used as a coating for fried foods like chicken nuggets and fish sticks.

Potato Starch:

Thickening Agent: Used in sauces, gravies, and soups.

Baking: Provides structure and moisture retention in gluten-free baking.

Confectionery: Ingredient in candies and desserts.

Frozen Potato Products:

Hash Browns: Breakfast side dish in cafes and diners.

Tater Tots: Snack or side dish often served with ketchup or other dips.

Potato Wedges: Served as an appetizer or side dish in restaurants and at home.

Canned Potatoes:

Stews and Casseroles: Added to stews, casseroles, and pot pies for convenience.

Salads: Used in potato salads for a quick preparation option.

Soups: Included in soups for added texture and flavor.

Market Trends:

The processed potato market is experiencing notable trends driven by evolving consumer preferences and industry advancements. A significant trend is the increasing demand for convenience foods, fueled by busy lifestyles and the growing popularity of ready-to-eat and easy-to-prepare potato products like frozen French fries, hash browns, and potato chips. Health-conscious consumers are seeking healthier alternatives, leading to the development of low-fat, low-sodium, and organic processed potato products. Additionally, there is a rising interest in innovative flavors and packaging to attract younger demographics and enhance the snacking experience. Technological advancements in processing methods, such as air frying and non-GMO techniques, are improving product quality and meeting consumer demand for healthier options.

The expansion of online retail channels is also significant, providing consumers with convenient access to a wide range of processed potato products. Furthermore, sustainability trends are influencing the market, with companies focusing on eco-friendly production practices and sustainable packaging solutions. These trends collectively indicate a dynamic and growing processed potato market, adapting to consumer demands for convenience, health, and sustainability.

Key Player Analysis:

Lamb Weston Holdings Inc.

McCain Foods Limited

Simplot Food Group

Aviko B.V.

Farm Frites International B.V.

J.R. Simplot Company

Cavendish Farms Corporation

Agristo NV

The Kraft Heinz Company

Lamb Weston Meijer

More About Report- https://www.credenceresearch.com/report/processed-potato-market

Key Findings of the Processed Potato Market Study

Market Growth and Size:

The processed potato market has experienced robust growth, driven by increasing consumer demand for convenience foods.

The market is projected to continue expanding at a significant CAGR, with substantial revenue contributions from both developed and emerging economies.

Product Segmentation:

Frozen potatoes (including French fries and hash browns) hold the largest market share, driven by their popularity in fast food and quick-service restaurants.

Potato chips are another major segment, with strong demand in the snack food industry.

Dehydrated potatoes, including flakes, granules, and powder, are growing due to their versatility and long shelf life.

Regional Insights:

North America and Europe are the leading markets for processed potatoes, owing to high consumption rates and established food processing industries.

The Asia-Pacific region is emerging as a significant market, with rapid urbanization, changing dietary habits, and growing fast-food culture contributing to increased demand.

Consumer Trends:

There is a rising preference for convenience foods and ready-to-eat products among consumers with busy lifestyles.

Health-conscious consumers are driving demand for low-fat, low-sodium, and organic processed potato products.

Innovation in flavors and packaging is attracting younger demographics and boosting market growth.

Technological Advancements:

Advances in processing technologies are improving the quality, taste, and shelf life of processed potato products.

Innovations such as air frying and non-GMO processing methods are gaining popularity among health-conscious consumers.

Distribution Channels:

Supermarkets and hypermarkets are the dominant distribution channels, offering a wide variety of processed potato products.

Online retail is gaining traction, driven by the convenience of home delivery and the availability of a broad product range.

Competitive Landscape:

The market is highly competitive, with major players like McCain Foods, Lamb Weston, J.R. Simplot, and others investing in product innovation and expansion.

Companies are focusing on mergers, acquisitions, and strategic partnerships to enhance their market presence and distribution networks.

Challenges and Opportunities:

Fluctuating raw material prices and stringent regulatory standards pose challenges to market growth.

Opportunities lie in developing sustainable and eco-friendly products to meet increasing consumer and regulatory demands for environmental responsibility.

Emerging markets present significant growth potential due to increasing disposable incomes and changing consumption patterns.

Future Outlook:

The processed potato market is expected to maintain a positive growth trajectory, driven by ongoing product innovation, expanding distribution networks, and rising consumer demand for convenience foods.

Sustainability and health trends will shape future market developments, with companies focusing on meeting these evolving consumer preferences.

Segmentations

By Product

Frozen potato

Potato chips

Potato flakes

Starch

Others

By Application

Snacks

Ready-to-cook and prepared meals

Others

By Distribution Channel

Retail

Foodservice

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[businessresearchreportss]

Key Players in the Indian Bakery and Cereals Market: Analysis and Competitive Landscape

The Indian bakery and cereals market is characterized by the presence of several key players competing across various product categories.

For more insights on the report, download a free sample

Here's an analysis of some prominent companies and their competitive landscape:

Britannia Industries Limited: Britannia is one of the leading players in the Indian bakery market, known for its extensive range of biscuits, bread, cakes, and dairy products. The company's popular brands include Good Day, Marie Gold, NutriChoice, and Britannia Bread. Britannia's strong distribution network, brand equity, and focus on innovation have helped it maintain a dominant position in the market.

ITC Limited: ITC is a diversified conglomerate with a significant presence in the Indian bakery and cereals market. The company's food division offers a wide range of products, including biscuits, snacks, and packaged foods under brands such as Sunfeast, Bingo, and Aashirvaad. ITC's focus on product quality, innovation, and marketing has enabled it to compete effectively in the highly competitive market.

Parle Products Pvt. Ltd.: Parle Products is one of the oldest and largest biscuit manufacturers in India, with a diverse portfolio of biscuits, cookies, and snacks. The company's iconic brands such as Parle-G, Monaco, and KrackJack have a strong presence across urban and rural markets. Parle Products' extensive distribution network and affordable pricing strategy contribute to its competitive advantage in the market.

Mondelez India Foods Private Limited: Mondelez India, formerly Cadbury India, is a subsidiary of the global snacking giant Mondelez International. The company offers a range of biscuits and snacks under brands like Oreo, Cadbury Bournvita Biscuits, and Cadbury 5 Star. Mondelez's strong brand equity, product innovation, and marketing campaigns make it a formidable player in the Indian bakery market.

Prataap Snacks Limited: Prataap Snacks is a rapidly growing player in the Indian snacks market, offering a variety of savory snacks, including extruded snacks, namkeens, and pellets. The company's flagship brand, Yellow Diamond, is known for its wide range of tasty and affordable snacks catering to diverse consumer preferences. Prataap Snacks' focus on product innovation, quality, and distribution expansion has contributed to its market growth.

MTR Foods Pvt. Ltd.: MTR Foods is a leading player in the Indian packaged foods industry, offering a range of ready-to-eat meals, snacks, and breakfast mixes. The company's bakery and cereals portfolio includes products like instant mixes, ready-to-eat breakfast cereals, and snack bars. MTR Foods' emphasis on authentic flavors, convenience, and product quality has helped it establish a strong foothold in the market.

FieldFresh Foods Pvt. Ltd.: FieldFresh Foods, a joint venture between Bharti Enterprises and Del Monte Pacific Limited, is known for its range of packaged fruits, vegetables, and culinary products. The company's bakery and cereals portfolio includes products like breakfast cereals, muesli, oats, and fruit-based snacks under the Del Monte brand. FieldFresh Foods' focus on health and wellness, along with its premium positioning, appeals to health-conscious consumers in urban markets.

Nature's Basket Limited: Nature's Basket, a subsidiary of Godrej Industries Limited, is a premium food and grocery retailer offering a wide range of bakery and cereals products. The company's portfolio includes artisanal bread, gourmet cookies, imported cereals, and organic grains catering to upscale consumers in metro cities. Nature's Basket's emphasis on quality, variety, and customer experience sets it apart in the premium segment of the market.

These key players exemplify the diverse competitive landscape of the Indian bakery and cereals market, each contributing to the industry's growth through product innovation, brand building, and distribution excellence. As competition intensifies and consumer preferences evolve, companies will need to continue innovating and adapting to stay ahead in this dynamic market.

[pravalika]

APAC Sweet and Salty Snacks Market - Forecast (2023 - 2028)

Snacks are small amount of food consumed between regular meals. Snacks can be either packaged or homemade. Due to the changing lifestyles and wide availability of packaged foods, the preference for homemade snacks has been in decline across the world. Processed snacks are available in various forms, size, shapes, flavors which together represents the visual appearance and taste profile of the snacks. Apart from pricing, manufacturers try to differentiate their products based on these parameters.

Asia Pacific is one of the fastest growing markets along with Latin America mainly due to the rising snacking trend and increasing penetration of packaged foods in emerging economies of this region. APAC snacks market is estimated to witness strong growth in the coming years mainly due to the rising disposable income and expanding modern retail. These two factors have a large influence on snacking consumption and trends. The snacking preferences largely vary across the nations mainly due to the presence of wide variety of traditional snacks.

The report analyzes the market based on type of snack namely: Chips, Extruded Snacks, Nuts, Popcorn, Traditional snacks, others. The report provides detailed analysis on distribution landscape and potential of various distribution channels such as Supermarkets/Hypermarkets, Convenience stores, specialty food stores and online retail. Country specific trends and market dynamics are also covered in the report.

Sample Companies Profiled in this Report are:

Pepsi Co.

Want Want Holdings Limited.

Haldiram Foods International Ltd.

KS Sulemanji Esmailji Pvt Ltd

Garudafood Group

30+.

[growthofcarsharingmarket]

The MENA extruded snack food market is expected to grow significantly in the coming years. This is due to the growing demand for convenience foods and the retail sector's growth. The market is driven by factors such as an increasing population, rising disposable income, and changing consumer preferences.

[globalinsightsservices]

Extruders Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031

Global Extruders Market report from Global Insight Services is the single authoritative source of intelligence on Extruders Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

An extruder is a machine that forces raw material through a die, or mold, to create a desired shape. Extruders are commonly used in the plastics industry to create products such as pipes, tubing, and hoses. They can also be used to create metal parts such as pipes and tubing.

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Key Trends

The key trends in Extruders technology are:

1. Increasing demand for higher output and productivity

2. Improved screw design for better mixing and melt quality

3. Greater emphasis on energy efficiency

4. More use of automation and process control

Key Drivers

The key drivers of the extruders market are the growing demand for processed and packaged food, the increasing demand for plastics in the automotive and construction industries, and the need for energy-efficient and cost-effective manufacturing processes.

The growing demand for processed and packaged food, due to the changing lifestyles of consumers, is the major driver of the extruders market. The processed food industry uses extruders for a variety of applications, such as pasta, cereal, snacks, and pet food.

The increasing demand for plastics in the automotive industry is driven by the need for lightweight and fuel-efficient vehicles. Plastics are used in a variety of automotive applications, such as body panels, dashboards, door panels, and bumpers.

The increasing demand for extruders in the construction industry is driven by the need for energy-efficient and cost-effective manufacturing processes. Extruders are used in a variety of construction applications, such as windows, doors, pipes, and cables.

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Market Segments

The Extruders Market is segmented by extruder type, end-use industry and region. By extruder type the market is divided into single-screw, twin-screw and ram. Based on end-use industry it is segmented into building & construction, transportation and consumer goods. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Market Players

The Extruders Market includes players such as The Japan Steel Works Ltd., Hilenbrand Inc., Shibaura Machine Co. Ltd, KraussMaffei Group GmbH, Battenfeld-Cincinnati, NFM, Clextral, Leistritz AG, BC Extrusion Holding GmbH and BREYER GmbH Maschinenfabrik.

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[martblogs]

Sweet & Salty Snacks Market Research Report 2022 to 2028: Industry Trends, Regional Wise Outlook, Growth Projections and Opportunities

Snacks are small amount of food consumed between regular meals. In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market. Sweet & Salty Snacks Report by Material, Application, and Geography – Global Forecast to 2025 is a professional and comprehensive research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

 In this report, the global Sweet & Salty Snacks market is valued at USD XX million in 2022 and is projected to reach USD XX million by the end of 2028, growing at a CAGR of XX% during the period 2022 to 2028.

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 The report firstly introduced the Sweet & Salty Snacks basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

 The major players profiled in this report include:

Pepsi Co (U.S.)

Kraft Foods (U.S.)

Sabritas SRL de CV (Mexico)

……

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 The end users/applications and product categories analysis:

On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-

Chips

Extruded snacks

Flakes

Nuts

Popcorn

Pretzels

Traditional snacks

……

 On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Sweet & Salty Snacks for each application, including-

Supermarkets/Hypermarkets

Convenience stores

Specialty food stores

Online

……

Contact Us:-

+1-857-300-1122

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[foodandbeverages]

Cheese Powder Market by Top Manufacturers with Production, Price, Revenue (value) and Market Share to 2032

The global cheese powder market size is expected to reach US$ ~2,300 Mn by the end of 2032. According to a study by Future Market Insights (FMI), the market will show a steady rise at 14% CAGR between 2022 and 2032. According to the report, increasing demand for ready-to-eat (RTE) and ready-to-cook (RTC) food products among consumers is expected to boost the market growth of cheese powder globally. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

Newly released data from Future Market Insights for Cheese Powder Market Analysis shows that global cheese powder demand year-on-year (YoY) growth of 14% in 2022. The cheddar cheese powder segment grew ~11%, while the parmesan cheese powder segment was up 18%.

The Cheese Powder Market, cow milk cheese segment, cheddar cheese powder segment, Parmesan cheese powder segment, segment revenue is likely to reflect optimistic growth outlook, according to the Annual Market Analysis conducted by Future Market Insights 

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11222

It includes in-depth insights into the clean label ingredients market. Some of these are: 

The     estimated value of the market was at US$ 1291.26 Mn in 2020. Through the     course of the report’s forecast period, the market is exhibited to show a     steady pace of growth.

The     market in North America is expected to dominate the global cheese powder     market during the forecast period.

Supply     chain disturbances and decelerated demand due to coronavirus may have a     negative impact on growth.

The     Asia-Pacific market is expected to generate the highest CAGR.

Increasing     urbanization in developing countries such as India and China.

Key     players are likely to focus on product innovations to stay relevant in     developed markets.

Growing Application of Cheese in Food and Beverage Industry Aids Growth

The product finds a spectrum of applications across food & beverages along with consumer changing tastes resulting in a preference for convenience foods has proliferated the product demand. In addition to this, elongated shelf life of the product has made it the first choice for package food items. Furthermore, ability of cheese powder to impart good taste and flavor to the food items has made the consumers tilt towards the product. Moreover, massive customer emphasizes on nutrient value of the product like high protein & vitamin content and low calories will offer lucrative growth prospects for the market. This will nullify the impact of hindrances on the market. Again, the manufacturers are trying to offer better product quality & flavors along with attractive & durable packaging, thereby effectuating the growth& scope of the business.

Who is winning?

The key strategies adopted by companies to expand are new launches, expansions, acquisition, and mergers. Some of the major players in the cheese powder market, globally are Dairi Concepts, Kerry Group, ADM (WILD Flavors and Specialty Ingredients), Blue Grass Dairy, All American Foods among others.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

Segmentation Analysis of Global Cheese Powder Market

Global Cheese Powder Market can be segmented on the basis of Type, Product, Source, distribution channel and Geography.

By Type :

Natural

Processed

By Product :

Cheddar

Feta

Parmesan

Mozzarella

Roquefort

Others

By Source :

Cow     Milk

Buffalo     Milk

Sheep     Milk

Goat     Milk

By Distribution Channel :

Supermarkets

Food     Specialty Stores

Hypermarkets

Convenience     Stores

Others

By Application :

Savoury     Snacks

Extruded     Snacks

Wafer

Chips     dusting

Instant     Soup Premixes

By Region :

North     America

Latin     America

Europe

East     Asia

South     Asia

Oceania

Middle     East & Africa

Ask More About This Report@ https://www.futuremarketinsights.com/ask-question/rep-gb-11222

Significant Contributions of the Report

Key     Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the     market with qualitative research and quantitative insights

Recent     Drivers and Opportunities: Detailed assessment on the key growth drivers,     technological developments, and factors affecting the market over the     forecast period.

Segmental     Analysis: Extensive research on each segment and sub-segment, compiled by     expert research analysts of FMI

Regional     Market Forecast: Thorough analysis of each regional market to provide     market players with real-time data and reliable statistic to gain a     competitive edge in the industry

Competitive     Landscape: Comprehensive analysis on prominent players and new entrants     eyeing to improve their revenue prospects in the industry

Information Source: https://www.futuremarketinsights.com/reports/cheese-powder-market

[research-blogs]

Extruded Snacks Market Demand Analysis 2020 Growth Statistics, Revenue Estimates, COVID-19 Impact, Industry Size, Global Share, Emerging Trends, Top Leading Players with Development Strategies and Forecast 2027

The global extruded snacks market size is expected to reach USD 74.52 billion by 2027, expanding at a CAGR of 4.7% over the forecast period, according to a new report by Grand View Research, Inc. Increasing consciousness among consumers regarding their snacking habits and rising adoption of healthy products during snacking time are the key factors boosting the market growth.

Moreover, growing party culture among millennials and working-class population across the globe is anticipated to offer growth opportunity for the market over the forecast period. Extruded snacks are considered beneficial in many ways as they help in weight management and improving metabolism. Furthermore, these healthy products offer various nutrients and vitamins to the body, thus promoting the adoption among all the consumer groups.

Europe emerged as the largest regional market for extruded snacks in 2019 with a share of more than 40.0% based on volume owing to high consumption of extruded snacks on social occasions as well as for on-the-go snacking. In recent years, the region has witnessed a significant increase in the demand for wholegrain wheat and other cereals snacks. These trends are anticipated to boost the demand for extruded snacks in the region over the forecast period.

The extruded snacks market is fragmented owing to the presence of a large number of local as well as international players. Moreover, major market share is captured by some of the strong players, including Nestlé S.A.; The Kellogg Company; Calbee, Inc.; PepsiCo, Inc.; and Campbell Soup Company, with large customer base across the globe. Moreover, major players are adopting various strategies, including merger and acquisition, for expanding their customer base. For instance, in October 2018, Calbee, Inc. acquired a British brand, Seabrook Crisps in order to strengthen its presence in Europe.

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Extruded Snacks Market Report Highlights

· By product, potato accounted for a share of more than 25% based on volume as well as revenue in 2019. It is expected to maintain its lead over the forecast period owing to large consumption of potato based extruded snacks, including chips and pallet snacks

· The online retail distribution channel is anticipated to be the fastest growing segment with a revenue-based CAGR of 5.4% from 2020 to 2027. The growth of online retail is attributed to its easy, comfortable, and convenient accessibility, coupled with doorstep delivery

· Europe emerged as the largest regional market for extruded snacks in 2019 with a share of more than 40.0% based on volume owing to high consumption of product on social occasions as well as for on-the-go snacking

· Key players in the market include Nestlé S.A.; The Kellogg Company; General Mills Inc.; PepsiCo, Inc.; Campbell Soup Company; Calbee, Inc.; ITC Limited; Old Dutch Foods Inc.; Europe Snacks; and Universal Robina Corporation.

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India Extruded Snacks Market - By Product Type, By Distribution Channel, By Region, By Company, Competition, Forecast and Opportunities, 2024

India Extruded Snacks Market – By Product Type, By Distribution Channel, By Region, By Company, Competition, Forecast and Opportunities, 2024

Market Reports on India Provides the Trending Market Research Report on “India Extruded Snacks Market, By Product Type (Rice Extruded Snacks, Corn Extruded Snacks, Wheat Extruded Snacks and Others), By Distribution Channel (Traditional Grocery Stores, Supermarkets/Hypermarkets, Convenience Stores, Online, and Others), By Region, By Company, Competition, Forecast & Opportunities, 2024” under Food

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“Extruded Snacks Market” gives detailed analysis By Type, Application, By Region, By Country, Market Insights, Covid-19 Impact, Competition and Forecast.

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Rice Extruded Snacks to Lead India Extruded Snacks Market until 2024 – TechSci Research

Rising per capita income, growing youth population, coupled with growing urbanization and smaller packaging as well as competitive pricing to drive India extruded snacks market

According to a recently released TechSci Research report, “India Extruded Snacks Market By Type, By Distribution Channel, By Region, By Company, Competition, Forecast & Opportunities, 2024”, extruded snacks in India is projected to grow at a CAGR of more than 15% during 2019-2024. Growth in the market can be majorly attributed to rising per capita income, growing youth population, growing young population, and introduction of smaller packs as well as competitive pricing provided by the leading players. Increasing per capita income of people living in urban, semi-urban and rural regions of the country is among the major factors driving consumption of extruded snacks. The extruded snacks market is also expected to be positively influenced by anticipated growth in the country’s retail market in the coming years. Moreover, the growing young population in India is also positively impacting the growth of extruded snacks market as the kids are a major target segment of these snacks. Additionally, growing urbanization, and the introduction of smaller and affordable pack sizes as well as the competitive pricing provided by the leading companies are some other factors that are anticipated to contribute to the growth of extruded snacks market in India during the forecast period.

Browse  market data Tables and  Figures spread through Pages and an in-depth TOC on  

"Global Beauty Devices Market"

https://www.techsciresearch.com/report/india-extruded-snacks-market/4296.html

In terms of distribution channel, the extruded snacks market is categorized into traditional grocery stores, supermarkets/hypermarkets, convenience stores, online, and other distribution channels. Traditional grocery stores accounted for the majority share of India extruded snacks market in 2018 followed by Supermarket/Hypermarket. The convenience stores and online portals are also witnessing a healthy growth in the market. In terms of region, the India extruded snacks market is categorized into North India, West India, East India, South India. The market for India extruded snacks in North India was the largest in 2018 on account of presence of a large customer base, especially the young population. Major players operating in India extruded snacks market include PepsiCo, ITC, Prataap Snacks, DFM Foods and Haldirams. In 2018, PepsiCo grabbed the lion’s share in the country’s extruded, and the company is expected to continue its dominance through 2024.

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“India is one of the fastest growing major economies, and with increasing employment opportunities, high GDP growth rate and rising inflow of foreign direct investment, consumption of extruded snacks is growing. Kids and young population are the primary buyers of extruded snacks and they are also the target consumer segments for the major players operating in the market. Busy lifestyle, rising per capita income, traditional habit of Indians to have snacks, and increasing middle class population make the country a lucrative market for extruded snack manufacturers.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Extruded Snacks Market By Product Type, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2024” has evaluated the future growth potential of India extruded snacks market and provides statistics and information on market structure, consumer behaviour and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities available in India extruded snacks market.

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Textured Soy Protein Market Analysis, COVID-19 Overview, Demand and Industry Overview 2023

Textured Soy Protein Market Scope

The recent report by Market Research Future (MRFR) suggests that the global textured soy protein market is on the way to accrue massive gains at a striking growth rate during the forecast period (2018-2023).

Market Drivers and Key Barriers

Textured Soy Protein (TSP) refers to a vegetable protein that is processed from soybeans and is generally found in a fibrous form. TSP finds high demand as it is used as a meat analog in different types of food items. TSP is also popular owing to its low-calorie as well as a low-fat source of vegetable protein. The market has gained immense traction, based on the high consumption of meat alternatives along with plant sources protein that have essential amino acids and several nutrients. Textured soy proteins are known for their properties of phytochemicals as well as fibers that are excellent for the digestive system.

Soy beans are turned into textured products using the extrusion process. Soy beans present in the extruder pass via a nozzle with the temperature between 150 °C and 200 °C, when they are still hot and are expanding with time. The heat then denatures the soy beans into an insoluble, fibrous, porous network which soaks up as almost three times its weight in liquids.

Textured soy protein is used for extending or replacing meat products within the food industry to manufacture extenders, analogues and meat substitutes. As soy is grown organically which offers beneficial nutritional properties owing to their higher protein content as well as lower saturated fat levels compared to conventional soy.

Textured Soy Protein Market Segmentation

The worldwide COVID-19 analysis on textured soy protein market application has been segmented into type, form, and textured soy protein market application.

The market, with respect to type, has been segmented into conventional and organic.

The market, form-wise, has been segmented into soy protein concentrates, soy protein isolates, and soy flour.

The market, depending on application, caters to meat substitutes, dairy alternatives, infant nutrition, bakery products, cereals & snacks, and feed.

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Textured Soy Protein Market Leading Players

Linyi Shansong Biological Products Co., Ltd. (China), Wilmar International Ltd. (Singapore), Sonic Biochem Extractions Ltd. (India), Bremil Group (Brazil), Archer-Daniels-Midland Co. (US), Hung Yang Foods Co., Ltd. (Netherlands), Dow DuPont (US), Victoria Group (Serbia), Crown Soya Protein Group (China), Cargill, Inc. (US), Shandong Yuxin Bio-Tech Co., Ltd. (China), are some of the leading vendors competing in the worldwide textured soy protein market.

 Textured Soy Protein Regional Outlook

The primary markets for textured soy protein include Europe, Asia Pacific, North America, as well as the rest of the world (RoW).

North America is perceived to be the most profitable market for textured soy protein. The region notes high demand for vegan diet with rich nutrition and healthier ingredients, compared to meat and meat products. Rising per capita disposable income coupled with prevalence of healthy lifestyle will favor the production of textured soy protein in the region. Other than this, there is a hike in demand for high protein along with meat substitute products, particularly among vegan and vegetarian consumers. This factor can play a prime role in the market growth in the subsequent years.

In Europe, a spate of research and development (R&D) help demonstrate soy protein’s intrinsic functional benefits. The functional foods manufacturers in the region display promising approach towards the use of soy protein ingredients owing to cost and safety aspects. The consumers in Europe are showing increasing concerns towards GM-foods, instead going for food products like soy. On top of this, the emergence of alternate vegetable protein options paired with the surging awareness about the bioavailability of soy protein will do wonders for the market growth in the years to come.

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About Market Research Future

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