Changing
lifestyle among the urban population and growing consumer preference
for ready-to-eat packaged food are two of the primary factors driving
the demand in the global extruded snacks market, according to the
findings of a recent report by Transparency Market Research (TMR).
The report, titled “Extruded Snacks Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2026,”
has been created by a group of professional market research analysts,
aspiring to represent the current scenario and future prospects of
the extruded
snacks market to targeted audiences such as the manufacturers
of extruded snacks, raw material suppliers, and regulatory bodies.
The
report provides in-depth assessment of all major factors that may
impact the extruded snacks market, positively or negatively, and
gauges the potential of various smaller aspects of the market as well
as its lucrativeness in different regions. A number of key players
have also been profiled in order to showcase the competitive
landscape and the opportunities available for new entrants.
Apart
from changing consumption habits of the consumers, the global
extruded snacks market is expected to gain from factors such as
marketing strategies and attractive packaging, growing retail
industry, lower prices of products, growing affordability of any
class of the society, and entertainment venues and food zones. On the
other hand, growing health concerns, increased competition from local
manufacturers, and rising cost of raw materials and product cost are
challenging the extruded snacks market from attaining its true
potential. Nevertheless, the vendors of this market are poised to
gain from the advent of healthful extruded snacks.
Fill
the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19943
Based
on type, the global extruded snacks market can be segment into
potato, tapioca, corn, rice, mixed grain, and others such as legumes,
cereals, and vegetable. Geographically, the repot takes stock of the
profitability of regional market such as Europe, Asia Pacific, North
America, Latin America, and the Middle East and Africa. Currently,
vastly populated region of Asia Pacific dominates the demand, with
increasing disposable income among urban population of emerging
economies, followed by North America.
Some
of the key companies operating in the global extruded snacks market
are Calbee, Inc., Diamond Foods, Inc., Frito-Lay, Inc., ITC Limited,
Bag Snacks, Old Dutch Foods, Inc., Kellogg Company, Arca Continental
S.A.B. de C.V., Want Want Holdings Limited, JFC International, Inc.,
Axium Foods, Inc., Mondelez International, Aperitivos Flaper, Amica
Chips S.P.A., AUEVSS Ltd., and Universal Robina Corp. New product
launches and geographical expansion are two common strategies adopted
by these leading vendors to gain ground over their competitors.
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