India Extruded Snacks Market to Grow with a CAGR of 6.54% through 2030F
The India Extruded Snacks Market is driven rising
urbanization, changing consumer preferences for convenient, healthier snack
options, and increased demand for innovative flavors and packaging.
According
to TechSci Research report, “India Extruded Snacks Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the India Extruded Snacks Market was valued at USD 547.89 Million in 2024
and is expected to reach USD 989.09 Million by 2030 with a CAGR of 6.54% during
the forecast period. The
India Extruded Snacks market has experienced substantial growth in recent
years, owing to the rising demand for convenient snacking across the region. As
the pace of urban life increases, consumers are seeking quick, ready-to-eat
snacks that fit into their busy routines. This demand is particularly strong
among working professionals, students, and young adults who prefer snacks that
are portable, easy to consume, and require minimal preparation. Extruded
snacks, with their long shelf life and variety of flavors, offer the perfect
solution for these on-the-go consumers. As convenience continues to be a
priority, the market for extruded snacks is expected to expand, with
manufacturers introducing more convenient, innovative options to cater to
evolving consumer needs.
The India Extruded Snacks market is
driven by the urbanization and rising disposable income across the region. As
urban areas continue to grow, more people are adopting fast-paced lifestyles,
increasing the demand for convenient, ready-to-eat snacks. With higher
disposable incomes, consumers are willing to spend more on premium snack
options, including extruded snacks that offer unique flavors and healthier
alternatives. This shift is particularly prominent in metro cities, where the
availability of organized retail outlets, supermarkets, and e-commerce
platforms makes extruded snacks easily accessible. As urbanization and
disposable income continue to rise, the market for extruded snacks is expected
to expand, catering to a broader consumer base.
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" India Extruded Snacks Market”
The India Extruded
Snacks Market is segmented into source, nature, type, sales channel and region.
Based
on sales channel, online is the fastest-growing segment in the India Extruded
Snacks market, driven by the increasing popularity of e-commerce platforms.
With more consumers opting for the convenience of shopping from home, online
platforms offer a wide range of extruded snacks that may not be available in
local stores. The ease of browsing, comparing products, and doorstep delivery
has made online shopping a preferred choice for many. Also, e-commerce
platforms often offer attractive discounts, promotions, and subscription
services, which further encourage consumers to purchase extruded snacks online.
As internet penetration and digital adoption continue to grow, the online
segment is expected to continue expanding rapidly.
Based on region, South region of India is the fastest
growing in the Extruded Snacks market, driven
by a combination of rising urbanization, evolving consumer preferences, and a
growing appetite for convenience foods. Cities like Bengaluru, Chennai, and
Hyderabad are experiencing increased demand for ready-to-eat snacks as busy
lifestyles become more common. Also, the region’s young and tech-savvy
population is embracing innovative snack options, including healthier and
plant-based alternatives. The presence of modern retail outlets, supermarkets,
and a growing e-commerce sector further supports the rapid expansion of the
extruded snacks market in South India.
Major companies
operating in India Extruded Snacks Market are:
- Atop
Food Products Pvt. Ltd
- Ingredion Incorporated
- Balaji Wafers Private Limited
- Bikaji Foods International Limited
- Bikanervala Foods Pvt. Ltd
- ITC Limited
- Ceeta Industries Limited
- PepsiCo, Inc.
- Shyam-G
- Ishida Co., Ltd
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“The India Extruded Snacks Market is
driven by changing lifestyles and increasing health consciousness across the
region. With more consumers adopting fast-paced, on-the-go lifestyles, the
demand for convenient and easy-to-consume snacks is rapidly rising. Working
professionals, students, and young adults are particularly inclined toward
extruded snacks due to their quick, ready-to-eat nature. Along with
convenience, there is a growing shift toward healthier snack options. Consumers
are increasingly opting for low-fat, low-calorie, baked, or plant-based
extruded snacks as part of a more health-conscious approach to snacking. This
shift is further amplified by rising awareness of the harmful effects of
excessive consumption of traditional, high-fat snacks. Manufacturers are
responding by innovating and offering healthier, clean-label alternatives,
fuelling the market's growth. As lifestyles evolve and health priorities become
more prominent, the demand for nutritious and convenient extruded snacks is
expected to continue rising”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“India Extruded Snacks
Market By Source (Potato, Corn, Rice, Tapioca, Mixed Grains, Others), By Nature
(Organic, Regular), By Type (Sweet, Savory), By Sales Channel (Supermarkets/Hypermarkets,
Convenience Stores, Specialty Stores, Online, Others), By Region, Competition, Forecast
& Opportunities, 2020-2030F”, has evaluated the future growth potential
of India Extruded Snacks Market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the India Extruded
Snacks Market.
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