How big is the extruded snack market?
According to 6Wresearch internal database and industry insights, the extruded snack market was valued at approximately USD 63.2 billion in 2024 and is projected to reach USD 102.6 billion by 2031, registering a CAGR of 7.2% during the forecast period.
This growth is driven by rising demand for convenient, ready-to-eat foods, increasing urbanization, and expanding consumption of flavored and functional snacks. Advancements in food processing technologies and consumer preference for healthy, low-fat, and fortified snacks are also driving market expansion.
Key Growth Factors of the Extruded Snack Market
- Increased demand for on-the-go and convenience snack options
- Rising popularity of healthier snacking choices such as baked and multigrain products
- Flavor innovation and product diversification across worldwide markets
- Growth of e-commerce and modern trade channels in emerging economies
- Expansion of extruded snack lines catering to kids and lifestyle-specific consumers
- Investment in advanced extrusion technologies for enhanced texture and shelf life
Extruded Snack Market Trends
The market is trending toward clean-label and plant-based ingredients, with brands offering gluten-free, protein-rich, and organic extruded snacks. Premiumization of snack offerings and regional flavor experimentation are on the rise. There is a growing use of sustainable packaging and smart vending solutions to reach health-conscious consumers.
Emerging Developments in the Extruded Snack Market
Emerging developments in the extruded snack market include the adoption of high-moisture extrusion for protein enrichment, AI-based production monitoring for quality control, and use of alternative ingredients like pulses, chickpeas, and millet. Startups are innovating with personalized nutrition formats and sustainable production methods.
Leading Companies in the Extruded Snack Market
- PepsiCo, Inc.
- General Mills, Inc.
- Kellogg Company
- Nestlé S.A.
- ITC Limited
- Mondelez International, Inc.
How Big Is the Extruded Snack Market : FAQ's
The extruded snack market is projected to reach USD 102.6 billion by 2031.
The extruded snack market is expected to grow at a CAGR of 7.2% from 2025 to 2031.
Baked snacks, puffed chips, cheese balls, multigrain sticks, and fortified extrusions are key growth drivers.
Demand for clean-label, high-protein, gluten-free, and low-fat snacks is influencing product development.
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