Latin America 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 Country 2024-2032

Latin America 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 Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5607
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Market Overview:

The Latin America extruded snack food market size reached US$ 5.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.1 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 5.0 Billion
Market Forecast in 2032
US$ 7.1 Billion
Market Growth Rate 2024-2032 3.8%


Extruded snack food is generally processed via the process of food extrusion. It includes numerous food products, including corn curls and puffs, onion rings, breakfast cereals, macaroni, processed cheese, and bread. These snacks are usually prepared using multiple ingredients, such as wheat, corn, tapioca, potatoes, oats, and rice, that are subjected to high temperature and pressure in order to produce extruded snacks.

Latin America Extruded Snack Food Market Trends:

The market in Latin America is primarily driven by significant growth in the food and beverages sector. Along with this, key players across the region are heavily investing in launching extruded snacks that are processed using natural and dairy-free ingredients, especially for diet-conscious consumers. This, in turn, is creating a positive outlook for the market. Moreover, the changing dietary preferences and lifestyle patterns of the masses are also providing an impetus to the market growth. Some of the other factors contributing to the market growth across the region include the innovative marketing strategies adopted by leading players, inflating disposable incomes levels of individuals and the easy product availability via online and offline distribution channels.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Latin America 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:

  • Potato
  • Corn
  • Rice
  • Tapioca
  • Mixed Grains
  • Others
     

Breakup by Distribution Channel:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Retail
  • Others
     

Breakup by Country:

  • Brazil
  • Mexico
  • Argentina
  • Colombia
  • Chile
  • Peru
  • Others


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$ Billion
Segment Coverage Type, Distribution Channel, Country
Countries Covered Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
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)

Key Questions Answered in This Report:

  • How has the Latin America 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 Latin America 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 Latin America extruded snack food market and who are the key players?
  • What is the degree of competition in the industry?

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Latin America 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 Country 2024-2032
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