The latest report by IMARC Group, titled “India Extruded Snack Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the India extruded snack food market size . The report also includes competitor and regional analysis, and contemporary advancements in the market.
The India extruded snack food market is expected to exhibit a CAGR of 6.30% during 2022-2027. Extruded snack food is produced using various ingredients, such as corn, soy, flour, potato, wheat, tapioca, rice, mixed grains, etc. It is generally manufactured via a food-processing extruder machine in an organized manner while ensuring uniformity of the final product, which is generally converted into semi- or pre-cooked food items that are safe for consumption. Common extruded snack food variants include breakfast cereals, processed cheese, jellybeans, macaroni, bread, onion rings, etc. These items are widely available in supermarkets, convenience stores, hypermarkets, online retail, specialty stores, etc., across India.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Important Attribute and highlights of the Report:
India Extruded Snack Food Market Trends:
The expanding food and beverage (F&B) sector is among the primary factors driving the India extruded snack food market. Besides this, the changing dietary patterns and shifting lifestyle preferences of individuals are further augmenting the market growth. Apart from this, the introduction of extruded snacks in authentic Indian flavors by leading companies to cater to the choices of domestic consumers is also catalyzing the market across India. Moreover, the increasing disposable incomes of the masses and the easy product availability through online and offline retail channels are acting as significant growth-inducing factors. Furthermore, the elevating investments in innovative packaging solutions, competitive marketing, and pricing strategies by the key manufacturers are expected to propel the India extruded snack food market in the coming years.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Key highlights of the Report:
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