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India Extruded Snack Food Market Report by Type (Potato, Corn, Rice, Tapioca, Mixed Grains, and Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Food Stores, Online Retail, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112023A5614
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Market Overview:
The India extruded snack food market size reached US$ 570.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,067.2 Million by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 570.8 Million |
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Market Forecast in 2032
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US$ 1,067.2 Million |
| Market Growth Rate 2024-2032 | 7.2% |
Extruded snack food is processed using multiple ingredients, such as potato, corn, soy, flour, and wheat. It is generally produced via a food-processing extruder machine in an organized manner while ensuring homogeneity of the final product. Additionally, the final product is further converted into pre- or semi-cooked food items, which are safe for consumption. Some of the commonly available food variants include breakfast cereals, jellybeans, processed cheese, macaroni, bread, and onion rings.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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India Extruded Snack Food Market Trends:
The market in India is primarily driven by significant growth in the food and beverages sector. Along with this, the changing dietary patterns and shifting lifestyle preferences of individuals are creating a positive outlook for the market. Moreover, numerous leading food companies in India are launching extruded snacks in authentic Indian flavors to cater to the preference of the masses, which is providing a boost to the market growth across the country. Furthermore, they are also investing in innovative packaging solutions and creating competitive marketing and pricing strategies in an attempt to strengthen their market position across India. Some of the other factors contributing to the market growth include rapid urbanization, inflating disposable incomes of the masses and the easy availability of extruded snacks through online and offline organized retail channels across the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India extruded snack food market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on type and distribution channel.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Potato
- Corn
- Rice
- Tapioca
- Mixed Grains
- Others
Breakup by Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Food Stores
- Online Retail
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Segment Coverage | Type, Distribution Channel, Region |
| Region Covered | North India, West and Central India, South India, East India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
We expect the India extruded snack food market to exhibit a CAGR of 7.2% during 2024-2032.
The introduction of healthy snacks with gluten-free, low-fat, and low-calorie content, catering to the shifting consumer dietary preferences, along with the introduction of extruded snacks in authentic Indian flavors, is primarily driving the global extruded snack food market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of extruded snack food items across the nation.
Based on the type, the India extruded snack food market has been divided into potato, corn, rice, tapioca, mixed grains, and others. Among these, rice currently exhibits a clear dominance in the market.
Based on the distribution channel, the India extruded snack food market can be categorized into supermarkets/hypermarkets, convenience stores, specialty food stores, online retail, and others. Currently, supermarkets/hypermarkets account for the majority of the total market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where North India currently dominates the India extruded snack food market.
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