(Food-Beverage-News.Com, September 07, 2017 ) Europe Extruded Snacks Market was worth USD 5.63 billion in 2016 and estimated to be growing at a CAGR of 3.5%, to reach USD 6.68 billion by 2021. Extruded snack foods are made by the extrusion of various ingredients such as corn, tapioca, oats, potatoes, wheat, etc. Some of the most prevalent foods include breakfast cereals, onion rings, pasta, jelly beans. This process also eliminates some of the naturally occurring toxins and reduces the micro-organisms present in the final product, thereby making them safer for consumption.
The food industry is a large scale industry which has a lot of potential for growth in the future. It has various segments which are further divided into sub-segments. Being based directly off agriculture, the foods industry caters to various demographics.
As a result of the rising urbanisation, a vast majority of population has adopted a fast-paced lifestyle. The long working hours make it difficult for individuals to have proper meals. As a result, they resort to ready-to-eat food including many extruded snacks. A rise in the youth and increasing disposable incomes also drive the growth of this market. Since these food products are easy to make and easily accessible, they are the go to products mostly consumed by people. Another factor which affects their widespread use is their cheap cost. One major factor which could be restraining the growth of the market is people’s rising consciousness towards their health and lifestyle. These food products are loaded with carbohydrates and fats. Most of them use white refined flour which contains a lot of fat. Majority of them are fried in oil again making them unfit for consumption.
o Market Attractiveness Analysis, By Distribution channel
o Market Share Analysis, By Distribution channel
Geographically, the report is analysed under various regions like- U.K, Germany, Italy, France, Spain and Poland
Some of the major companies dominating the market, by their products and services are Old Dutch Foods, Frito-lay and Amica Chips, Mackle Chips, KP Snacks, Mondelez International, JFC International, Aperitivos Flaper, Bag Snacks, Universal Robina and Arca Continental.
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