The Europe extruded snack food market size reached US$ 17.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 30.1 Billion by 2032, exhibiting a growth rate (CAGR) of 6.12% during 2024-2032.
Market Size in 2023
|US$ 17.6 Billion
Market Forecast in 2032
|US$ 30.1 Billion
|Market Growth Rate 2024-2032
Extruded snack food is generally processed through the method of extrusion that facilitates continuous mass manufacturing of food products in an organized manner while ensuring homogeneity of the final product. The food items are prepared by using multiple ingredients, such as soy, wheat, sorghum and cereal flour or starches, which are further converted into pre- or semi-cooked food items. They usually include ready-to-eat and snacks food variants, including corn curls, breakfast cereals, jellybeans, processed cheese, macaroni, bread, and onion rings.
Europe Extruded Snack Food Market Trends:
The market in Europe is primarily driven by significant growth in the food and beverages sector. Along with this, the changing dietary preferences of the masses are creating a positive outlook for the market. Moreover, the extrusion food-processing technique eliminates the usage of harmful anti-nutrient enzymes and microbial organisms, thereby gaining prominence across the region. Furthermore, the rising popularity of ready-to-eat snacks due to the hectic schedules led by individuals, especially young adults, is providing a boost to the market growth. Some of the other factors contributing to the market growth across the region include the strong income levels of the masses, easy availability of food products via online and offline organized retail channels and extensive research and development (R&D) activities conducted by key players to introduce innovative food variants.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Europe extruded snack food market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type and distribution channel.
Breakup by Type:
- Mixed Grains
Breakup by Distribution Channel:
- Convenience Stores
- Specialty Food Stores
- Online Retail
Breakup by Country:
- United Kingdom
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
|Type, Distribution Channel, Country
|Germany, France, United Kingdom, Italy, Spain, Others
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Key Questions Answered in This Report:
- How has the Europe extruded snack food market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe extruded snack food market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe extruded snack food market and who are the key players?
- What is the degree of competition in the industry?