Asia Pacific Extruded Snacks Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Raw Material (Roots and Tubers, Cereals and Grains, Pulses and Lentils, and Others), Category (Second Generation Snacks and Third Generation Snacks), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others) 

BMIRE00025859 | Pages: 132 | Food and Beverages | Sep 2022 | Type: Regional | Status: Published

The extruded snacks market in Asia Pacific is expected to grow from US$ 20.16 billion in 2022 to US$ 32.54 billion by 2028; it is estimated to grow at a CAGR of 8.3% from 2022 to 2028.

 

Snacking is becoming more popular with an increased demand for convenience food and ready-to-eat food products. The extruded snacks market is fragmented with the presence of a large number of international as well as domestic players. However, the major market of extruded snacks is being captured by a few players with a strong consumer base. Further, in order to retain customers, major players in the market are continuously involved in developing and innovating their product portfolio with new varieties of extruded snacks, such as products including regional flavors. They are also launching attractive products to capture a new customer base. For instance, in August 2021, Bikano—one of the major snack producers—acquired the license for India’s famous character “Chota Bheem” to launch their new range of extruded products. The launch was aimed to cater to the wider consumer base of kids and youngsters in the country. In May 2019, PepsiCo, Inc introduced the “papadam,” a South Indian flavored extruded snack, to its product portfolio. The launch was aimed to cater to the South Indian customer base. Therefore, the increasing development of new varieties of extruded snacks in order to cater to a new consumer base is a significant trend in the overall extruded snacks market.

 

 Asia Pacific Extruded Snacks Market Revenue and Forecast to 2028 (US$ Billion)

 

 

Asia Pacific Extruded Snacks Market Segmentation    

 

The Asia Pacific extruded snacks market is segmented into raw material, category, distribution channel, and country. Based on raw material, the market has been segmented into roots and tubers, cereals and grains, pulses and lentils, and others. The cereals and grains segment would dominate the market in 2022. The roots and tubers segment is further categorized into potato, tapioca, and others. The cereals and grains segment is subsegmented into corn, wheat, and others. Based on category, the Asia Pacific extruded snacks market has been divided into second generation snacks and third generation snacks. The second generation snacks segment would dominate the market in 2022. Based on distribution channel, the Asia Pacific extruded snacks market has been segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment would dominate the market in 2022. Based on country, the Asia Pacific extruded snacks market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China would dominate the market in 2022.

 

Key players operating in the Asia Pacific extruded snacks market include Calbee; General Mills Inc.; Hain Celestial; Kellogg’s Company; Meiji Holdings Co. Ltd.; and PepsiCo, Inc.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis Formulation:

3.2.4        Macro-economic Factor Analysis:

3.2.5        Developing Base Number:

3.2.6        Data Triangulation:

3.2.7        Country Level Data:

4.           APAC Extruded Snacks Market Landscape

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.2.1        Bargaining Power of Suppliers

4.2.2        Bargaining Power of Buyers

4.2.3        Threat of New Entrants

4.2.4        Competitive Rivalry

4.2.5        Threat of Substitutes

4.3         Expert Opinion

5.           APAC Extruded Snacks Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Demand for Convenience and On-the-go Products

5.1.2        Increased Penetration of Retail Chains

5.2         Market Restraints

5.2.1        Technological and Processing Challenges and High Initial Investment

5.3         Market Opportunities

5.3.1        Growing Demand for Fortified Extruded Snacks

5.4         Future Trends

5.4.1        Rising Development of New Varieties of Extruded Snacks

5.5         Impact Analysis of Drivers and Restraints

6.           Extruded Snacks Market – APAC Analysis

6.1         APAC Extruded Snacks Market Overview

6.2         APAC Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

7.           APAC Extruded Snacks Market Analysis – By Raw Material

7.1         Overview

7.2         APAC Extruded Snacks Market Breakdown, by Raw Material, 2021 & 2028

7.3         Roots and Tubers

7.3.1        Overview

7.3.2        Roots and Tubers: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.1          Potato: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.2          Tapioca: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.3          Others: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Cereals and Grains

7.4.1        Overview

7.4.2        Cereals and Grains: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.1          Corn: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.2          Wheat: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.3          Others: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Pulses and Lentils

7.5.1        Overview

7.5.2        Pulses and Lentils: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Others

7.6.1        Overview

7.6.2        Others: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

8.           APAC Extruded Snacks Market Analysis – By Category

8.1         Overview

8.2         APAC Extruded Snacks Market Breakdown, by Category, 2021 & 2028

8.3         Second Generation Snacks

8.3.1        Overview

8.3.2        Second Generation Snacks: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Third Generation Snacks

8.4.1        Overview

8.4.2        Third Generation Snacks: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

9.           APAC Extruded Snacks Market Analysis – By Distribution Channel

9.1         Overview

9.2         APAC Extruded Snacks Market Breakdown, by Distribution Channel, 2021 & 2028

9.3         Supermarkets and Hypermarkets

9.3.1        Overview

9.3.2        Supermarkets and Hypermarkets: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Convenience Stores

9.4.1        Overview

9.4.2        Convenience Stores: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Online Retail

9.5.1        Overview

9.5.2        Online Retail: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

10.        APAC Extruded Snacks Market– Country Analysis

10.1      Overview

10.1.1     APAC: Extruded Snacks Market, by Key Country

10.1.1.1       Australia: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       Australia: Extruded Snacks Market, By Raw Material

10.1.1.1.1.1    Australia: Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type

10.1.1.1.1.2    Australia: Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type

10.1.1.1.2       Australia: Extruded Snacks Market, by Category

10.1.1.1.3       Australia: Extruded Snacks Market, by Distribution Channel

10.1.1.2       China: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       China: Extruded Snacks Market, By Raw Material

10.1.1.2.1.1    China: Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type

10.1.1.2.1.2    China: Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type

10.1.1.2.2       China: Extruded Snacks Market, by Category

10.1.1.2.3       China: Extruded Snacks Market, by Distribution Channel

10.1.1.3       India: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       India: Extruded Snacks Market, by Raw Material

10.1.1.3.1.1    India: Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type

10.1.1.3.1.2    India: Cereals and Grains Extruded Snacks Market, by Raw Material Type

10.1.1.3.2       India: Extruded Snacks Market, by Category

10.1.1.3.3       India: Extruded Snacks Market, by Distribution Channel

10.1.1.4       Japan: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1       Japan: Extruded Snacks Market, By Raw Material

10.1.1.4.1.1    Japan: Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type

10.1.1.4.1.2    Japan: Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type

10.1.1.4.2       Japan: Extruded Snacks Market, by Category

10.1.1.4.3       Japan: Extruded Snacks Market, by Distribution Channel

10.1.1.5       South Korea: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1       South Korea: Extruded Snacks Market, By Raw Material

10.1.1.5.1.1    South Korea: Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type

10.1.1.5.1.2    South Korea: Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type

10.1.1.5.2       South Korea: Extruded Snacks Market, by Category

10.1.1.5.3       South Korea: Extruded Snacks Market, by Distribution Channel

10.1.1.6       Rest of APAC: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1       Rest of APAC: Extruded Snacks Market, By Raw Material

10.1.1.6.1.1    Rest of APAC: Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type

10.1.1.6.1.2    Rest of APAC: Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type

10.1.1.6.2       Rest of APAC: Extruded Snacks Market, by Category

10.1.1.6.3       Rest of APAC: Extruded Snacks Market, by Distribution Channel

11.        Industry Landscape

11.1      Overview

11.2      Business Planning and Strategy

11.3      Expansion & Collaboration

11.4      Product News

12.        Company Profiles

12.1      PepsiCo, Inc.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Calbee

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Kellogg's Company

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      General Mills Inc.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Meiji Holdings Co., Ltd.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Hain Celestial

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

 

 

LIST OF TABLES

Table 1.             APAC Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Australia Extruded Snacks Market, By Raw Material– Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Australia Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Australia Extruded Snacks Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Australia Extruded Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 7.             China Extruded Snacks Market, By Raw Material – Revenue and Forecast to 2028 (US$ Million)

Table 8.             China Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             China Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          China Extruded Snacks Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 11.          China Extruded Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 12.          India Extruded Snacks Market, By Raw Material – Revenue and Forecast to 2028 (US$ Million)

Table 13.          India Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type – Revenue and Forecast to 2028 (US$ Million)

Table 14.          India Cereals and Grains Extruded Snacks Market, by Raw Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 15.          India Extruded Snacks Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 16.          India Extruded Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Japan Extruded Snacks Market, By Raw Material – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Japan Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Japan Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Japan Extruded Snacks Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Japan Extruded Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 22.          South Korea Extruded Snacks Market, By Raw Material – Revenue and Forecast to 2028 (US$ Million)

Table 23.          South Korea Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type – Revenue and Forecast to 2028 (US$ Million)

Table 24.          South Korea Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type – Revenue and Forecast to 2028 (US$ Million)

Table 25.          South Korea Extruded Snacks Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 26.          South Korea Extruded Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 27.          Rest of APAC Extruded Snacks Market, By Raw Material – Revenue and Forecast to 2028 (US$ Million)

Table 28.          Rest of APAC Roots and Tubers Extruded Snacks Market, by Roots and Tubers Type – Revenue and Forecast to 2028 (US$ Million)

Table 29.          Rest of APAC Cereals and Grains Extruded Snacks Market, by Cereals and Grains Type – Revenue and Forecast to 2028 (US$ Million)

Table 30.          Rest of APAC Extruded Snacks Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 31.          Rest of APAC Extruded Snacks Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 32.          List of Abbreviation

LIST OF FIGURES

Figure 1.           APAC Extruded Snacks Market Segmentation

Figure 2.           APAC Extruded Snacks Market Segmentation – By Country

Figure 3.           APAC Extruded Snacks Market Overview

Figure 4.           APAC Extruded Snacks Market: By Distribution Channel

Figure 5.           APAC Extruded Snacks Market: By Country

Figure 6.           Porter's Five Forces Analysis: APAC Extruded Snacks Market

Figure 7.           Expert Opinion

Figure 8.           APAC Extruded Snacks Market Impact Analysis of Drivers and Restraints

Figure 9.           APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        APAC Extruded Snacks Market Breakdown, by Raw Material, 2021 & 2028

Figure 11.        Roots and Tubers: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Potato: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Tapioca: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Others: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Cereals and Grains: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Corn: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Wheat: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Others: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Pulses and Lentils: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Others: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        APAC Extruded Snacks Market Breakdown, by Category, 2021 & 2028

Figure 22.        Second Generation Snacks: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Third Generation Snacks: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        APAC Extruded Snacks Market Breakdown, by Distribution Channel, 2021 & 2028

Figure 25.        Supermarkets and Hypermarkets: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Convenience Stores: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Online Retail: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Others: APAC Extruded Snacks Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Asia Pacific: Extruded Snacks Market, by key Country – (2021) (US$ Million)

Figure 30.        APAC: Extruded Snacks Market Revenue Share, by Key Country (2021 and 2028)

Figure 31.        Australia: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32.        China: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

Figure 33.        India: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Japan: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

Figure 35.        South Korea: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Rest of APAC: Extruded Snacks Market –Revenue and Forecast to 2028 (US$ Million)

  1. Calbee
  2. General Mills Inc.
  3. Hain Celestial
  4. Kellogg’s Company
  5. Meiji Holdings Co. Ltd.
  6. PepsiCo, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Extruded Snacks Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Extruded Snacks Market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Extruded Snacks Market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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