Europe Extruded Snack Food Market Growth, Size, Trends, Demand, Revenue and Future Outlook
Europe Extruded Snack Food Market Size- By Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: FOOD2447 | Pages: 1 - 155 | Formats*: |
| Category : Food & Beverages | |||
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 |
| Regions covered | UK, France, Germany, Italy, Spain, Rest of Europe |
| 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. |
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:
| By Type: |
|
| By Distribution Channel: |
|
| By Region: |
|
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 report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Extruded Snack Food Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Extruded Snack Food Market Manufacturing Base Distribution, Sales Area, Product Type6.2. 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, 2020-20267.2. Europe Extruded Snack Food Market Size, Share and Forecast, By Type, 2027-20337.3. Potato7.4. Corn7.5. Rice7.6. Tapioca7.7. Mixed Grains7.8. 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, 2020-20268.2. Europe Extruded Snack Food Market Size, Share and Forecast, By Distribution Channel, 2027-20338.3. Supermarkets/Hypermarkets8.4. Convenience Stores8.5. Specialty Food Stores8.6. Online Retail8.7. 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. France10.4. Germany10.5. Italy10.6. United Kingdom10.7. Rest of Europe
11. Company Profile
11.1. Intersnack Group GmbH & Co. KG11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments11.2. Pepsico, Inc.11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Kellogg Company11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Mondelez International, Inc11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. Lorenz Snack-World GmbH11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Esterella Maarud AS11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Zweifel Pomy-Chips AG11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Walkers Snack Foods Ltd.11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. Orkla ASA11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments11.10. Intesnack Nederland B.V11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments11.11. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Extruded Snack Food Market is projected to reach USD 32.01 billion by 2033, growing at a CAGR of 6.5% during the forecast period.
Europe Extruded Snack Food Market size from 2022. The Market is expected to reach USD 32.01 billion by 2033, at a CAGR of 6.5% during the forecast period.
Europe Extruded Snack Food Market CAGR of 6.5% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Extruded Snack Food Market size is 32.01 billion from 2024 to 2033.
Europe Extruded Snack Food Market Segment is covered By Type, By Distribution Channel.
The Europe anticipated to have the highest market share in the Europe Extruded Snack Food Market.
The key players in the market include 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.
"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.
"
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
