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North America Extruded Snack Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Publisher IMARC Services Pvt. Ltd.
Published Sep 04, 2023
Length 122 Pages
SKU # IMRC18188550

Description

North America Extruded Snack Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

The North America extruded snack food market size reached US$ 8.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.

Extruded snack food is made by the extrusion of various ingredients such as corn, tapioca, oats, potatoes, wheat, etc. The extrusion technique has been found to be efficient and economical in comparison with the older techniques. As a result, this process has been used widely in the snack food industry. Its versatility with respect to ingredient selection, shapes and textures of products that can be produced, energy efficiency and lack of process effluents are some of its major advantages. Extrusion based processing involves lower costs and higher productivity than other cooking and forming processes. Extruders can also operate continuously with high throughput.

North America extruded snack food market is currently being driven by various factors. The consumption of the snack food is increasing in the region owing to their convenience, affordability and the availability of numerous flavors and pack sizes. Moreover, rising hectic lifestyles of the consumers have escalated the demand of ready-to-eat food products such as extruded snack food products like chips, crisps, etc. Furthermore, easy access to multiple distribution channels such as hypermarkets, convenience stores, specialty food stores and online retail has also fueled the market growth in the region.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America extruded snack food market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on type and distribution channel.

Key Regions Analysed
United States
Canada

Analysis for Each Country

Market by Type
Potato
Corn
Rice
Tapioca
Mixed Grains
Others

Market by Distribution Channel
Supermarkets and Hypermarkets
Convenience Stores
Specialty Food Stores
Online Stores
Others

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
How has the North America extruded snack food market performed so far and how will it perform in the coming years?
What are the key regions in the North America extruded snack food market?
What has been the impact of COVID-19 on the North America extruded snack food market?
What is the breakup of the North America extruded snack food market on the basis of type?
What is the breakup of the North America extruded snack food market on the basis of distribution channel?
What are the various stages in the value chain of the North America extruded snack food industry?
What are the key driving factors and challenges in the North America extruded snack food industry?
What is the structure of the North America extruded snack food industry and who are the key players?
What is the degree of competition in the North America extruded snack food industry?
What are the profit margins in the North America extruded snack food industry?

Table of Contents

122 Pages
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 COVID-19 Impact on the Industry
6 Global Extruded Snack Food Market
6.1 Market Performance
6.2 Market Breakup by Type
6.3 Market Breakup by Distribution Channel
6.4 Market Breakup by Region
6.5 Market Forecast
7 North America Extruded Snack Food Market
7.1 Market Performance
7.2 Market Forecast
8 North America Extruded Snack Food Market: Breakup by Type
8.1 Potato
8.2 Corn
8.3 Rice
8.4 Tapioca
8.5 Mixed Grains
8.6 Others
9 North America Extruded Snack Food Market: Breakup by Distribution Channel
9.1 Supermarkets and Hypermarkets
9.2 Convenience Stores
9.3 Specialty Food Stores
9.4 Online Stores
9.5 Others
10 North America Extruded Snack Food Market: Breakup by Country
10.1 United States
10.1.1 Historical Market Trends
10.1.2 Market Breakup by Type
10.1.3 Market Breakup by Distribution Channel
10.1.4 Market Forecast
10.2 Canada
10.2.1 Historical Market Trends
10.2.2 Market Breakup by Type
10.2.3 Market Breakup by Distribution Channel
10.2.4 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
12.1 Overview
12.2 Raw Material Procurement
12.3 Manufacturer
12.4 Marketing
12.5 Distributor
12.6 Retailer/Exporter
12.7 End-Consumer
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Rivalry
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players

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