Europe Extruded Snack Food Market Introduction and Overview
According to SPER Market Research, the Europe Extruded Snack Food Market is estimated to reach USD 32.01 billion by 2033 with a CAGR of 6.5%.
The report includes an in-depth analysis of the Europe Extruded Snack Food Market, including market size and trends, product mix, distribution channels, and supplier analysis. Snack foods that are extruded are typically made using the extrusion technique, which guarantees uniformity in the finished product and allows for continuous, orderly mass production of food items. Foodstuffs including soy, wheat, sorghum, and cereal flour or starches are used to prepare them, and then they are further processed to become partially or fully cooked foods. They often consist of food varieties that are ready to eat and that are meant as snacks, such as bread, macaroni, jellybeans, corn curls, breakfast cereals, and onion rings.
- PepsiCo expanded its offering in the healthy snack market in May 2018 when it bought Bare Snacks, a manufacturer of healthy snacks.
Market Opportunities and Challenges
Opportunities: Significant growth in the food and beverage industry is the main driver of the market in Europe. Positive market trends are also being brought about by the general public's shifting food habits. In addition, consumers' busy schedules, particularly those of young adults, are contributing to the growing vogue of ready-to-eat snacks, which is driving market expansion. The high income levels of the general public, the ease with which food products can be obtained through organized retail channels both online and offline, and the significant R&D efforts undertaken by major players to launch novel food varieties are some of the other factors driving the growth of the market throughout the region.
Challenges: The European extruded snack food business is confronted with numerous challenges in the face of a constantly changing consumer base and shifting industrial patterns. Concerns about obesity and ailments linked to a sedentary lifestyle are driving up consumer demand for healthier snack options, which presents a substantial obstacle. Because of this change in consumer preferences, producers must rethink and restructure their goods to satisfy nutritional requirements without sacrificing flavor or texture. The market environment is further complicated by strict regulations governing food labeling and advertising, which demand adherence to a number of standards in order to maintain transparency and consumer confidence. Furthermore, as new competitors arise and current ones grow, the competitive landscape becomes more intense, placing more pressure on established firms to stand out from the competition through creative product offerings and effective marketing techniques.
Market Competitive Landscape
The Extruded Snack Food Market in Europe is highly fragmented. Some of the market key players are Intersnack Group GmbH & Co. KG, Pepsico, Inc., Kellogg Company, Mondelez International, Inc., Lorenz Snack-World GmbH, Esterella Maarud AS, Zweifel Pomy-Chips AG, Walkers Snack Foods Ltd., Orkla ASA, Intesnack Nederland B.V.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Distribution Channel
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| Regions covered | UK, France, Germany, Italy, Spain, Rest of Europe
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| Companies Covered | Intersnack Group GmbH & Co. KG, Pepsico, Inc., Kellogg Company, Mondelez International, Inc., Lorenz Snack-World GmbH, Esterella Maarud AS, Zweifel Pomy-Chips AG, Walkers Snack Foods Ltd., Orkla ASA, Intesnack Nederland B.V.
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COVID-19 Impact on Europe Extruded Snack Food Market
The market for extruded snack foods in Europe was significantly impacted by the COVID-19 outbreak. Lockdowns and other restrictions on movement caused people to spend more time at home, which boosted their consumption of snacks. But the epidemic also raised awareness of health issues, which led to a change in favor of healthier snack options. Manufacturers introduced healthier and immunity-boosting snacks in response to shifting consumer behavior. Notwithstanding the obstacles presented by the epidemic, the market exhibited fortitude and saw consistent expansion.
Key Target Audience:
- Healthcare Facilities and Providers
- Medical Equipment Suppliers and Distributors
- Government and Non-Profit Healthcare Organizations
- Veterinary Clinics and Hospitals
- Research and Academic Institutions
- Diagnostic Imaging Centers
- Ambulatory Surgery Centers
- Home Healthcare Providers
- Medical Device Rental Companies
- Developing Countries Healthcare Systems
Our in-depth analysis of the Europe Extruded Snack Food Market includes the following segments:
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By Type: |
Potato
Corn
Rice
Tapioca
Mixed Grains
Others
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By Distribution Channel: |
Supermarkets/Hypermarkets
Convenience Stores
Specialty Food Stores
Online Retail
Others
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By Region: |
France
Germany
Italy
United Kingdom
Rest of Europe
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Key Topics Covered in the Report:
- Europe Extruded Snack Food Market Size (FY’2024-FY’2033)
- Overview of Europe Extruded Snack Food Market
- Segmentation of Europe Extruded Snack Food Market By Type (Potato, Corn, Rice, Tapioca, Mixed Grains, Others)
- Segmentation of Europe Extruded Snack Food Market By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Food Stores, Online Retail, Others)
- Expansion Analysis of Europe Extruded Snack Food Market
- Problems and Obstacles in Europe Extruded Snack Food Market
- Competitive Landscape in the Europe Extruded Snack Food Market
- Impact of COVID-19 and Demonetization on Europe Extruded Snack Food Market
- Details on Current Investment in Europe Extruded Snack Food Market
- Competitive Analysis of Europe Extruded Snack Food Market
- Prominent Players in the Europe Extruded Snack Food Market
- SWOT Analysis of Europe Extruded Snack Food Market
- Europe Extruded Snack Food Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Extruded Snack Food Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Extruded Snack Food Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Extruded Snack Food Market
7. Europe Extruded Snack Food Market, By Type (USD Million) 2020-2033
7.1. Europe Extruded Snack Food Market Size, Share and Forecast, By Type, 2020-2026
7.2. Europe Extruded Snack Food Market Size, Share and Forecast, By Type, 2027-2033
7.3. Potato
7.4. Corn
7.5. Rice
7.6. Tapioca
7.7. Mixed Grains
7.8. Others
8. Europe Extruded Snack Food Market, By Distribution Channel (USD Million) 2020-2033
8.1. Europe Extruded Snack Food Market Size, Share and Forecast, By Distribution Channel, 2020-2026
8.2. Europe Extruded Snack Food Market Size, Share and Forecast, By Distribution Channel, 2027-2033
8.3. Supermarkets/Hypermarkets
8.4. Convenience Stores
8.5. Specialty Food Stores
8.6. Online Retail
8.7. Others
9. Europe Extruded Snack Food Market Forecast, 2020-2033 (USD Million)
9.1. Europe Extruded Snack Food Market Size and Market Share
10. Europe Extruded Snack Food Market, By Region, 2020-2033 (USD Million)
10.1. Europe Extruded Snack Food Market Size and Market Share By Region (2020-2026)
10.2. Europe Extruded Snack Food Market Size and Market Share By Region (2027-2033)
10.3. France
10.4. Germany
10.5. Italy
10.6. United Kingdom
10.7. Rest of Europe
11. Company Profile
11.1. Intersnack Group GmbH & Co. KG
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Pepsico, Inc.
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Kellogg Company
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Mondelez International, Inc
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Lorenz Snack-World GmbH
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Esterella Maarud AS
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Zweifel Pomy-Chips AG
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Walkers Snack Foods Ltd.
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Orkla ASA
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Intesnack Nederland B.V
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope