Extruded snacks were among the most commercially successful extruded foods. Extrusion cooking is the process extensively used for the production of snacks which are mainly produced from cereal flour or starches. Puffed and extruded snacks are experiencing a renaissance. There are many different types of snacks in this category for consumers to choose from, including traditional, healthier and even “free-from” options like gluten-free. Extruded snacks are typically offered in the market with spice or cheesy flavors.
The main raw materials for these products are wheat, maize, vegetable oil, flavoured materials etc. Some plants produce and pack directly from pellets.
The global market for extruded snacks is estimated to be US $ 48.3 biillion and growing at a CAGR of 4.4% per annum. On the other hand, the Indian market for extruded snacks is estimated to be Rs, 15,275 crores market growing at a CAGR of 10.0% per annum. Growth in the market can be majorly attributed to rising per capita income, growing youth population, growing young population, and introduction of smaller packs as well as competitive pricing provided by the leading players. The Northern region dominates the country’s extruded snacks market in 2018, and is expected to maintain its dominance. Some of the major players operating in the Indian Extruded Snacks Market are PepsiCo, ITC, Prataap Snacks, DFM Foods and Haldirams.
IT SHOULD BE NOTED THAT THE ABOVE MENTIONED FIGURES AND INFORMATION IS TENTATIVE. AS EXTRUDED SNACK CONSULTANTS, WE RECOMMEND TECHNO- ECONOMIC FEASIBILITY REPORT TO UNDERSTAND EXACT DETAILS TO THE ABOVE MENTIONED INFORMATION