According to the report, the global puffed food market is being supported by the growth of the puffed snacks market, which is further expected to grow at a CAGR of 4.3% in the forecast period of 2023-2028.
Puffed food, essentially grains, legumes, and seeds that are expanded or "puffed" under high temperature and pressure, has taken a firm foothold in the snacking sector. These foods, which include puffed rice, corn, and cereals, have found their way into breakfast bowls, snack bars, and even gourmet dishes in upscale restaurants. Not only are they revered for their crispy texture, but they also score high on the nutrition scale, typically being low in calories and rich in essential nutrients.
A significant catalyst propelling the global puffed food market growth is the evolving consumer dietary preferences. As health becomes a paramount concern, there's an escalating shift towards snacks that align with fitness goals without compromising on taste. Puffed food items, being low in fats and sugars, perfectly fit this bill.
Moreover, the tidal wave of convenience in the food sector is hard to ignore. Urban lifestyles, marked by hectic schedules, have made traditional meals less feasible. Instead, quick snacks that can be consumed on-the-go have gained immense popularity, leading to the proliferation of puffed food market share.
The application of puffed foods isn't limited to snack packs. The breakfast cereal segment, dominated by puffed grains and fruits, has witnessed robust growth. These cereals cater to both children and adults, often fortified with vitamins and minerals to offer an enhanced nutritional profile, contributing to the puffed food market expansion.
Moreover, with the advent of gourmet cooking and the globalisation of culinary practices, puffed foods are now being utilised creatively in various dishes, adding an element of crunch and texture that elevates the overall dining experience.
The organic wave is greatly impacting the puffed food market outlook. As consumers become more aware of the potential hazards associated with pesticides and chemical fertilizers, the demand for organically puffed grains and seeds is witnessing an upsurge. Manufacturers are thus increasingly sourcing their raw materials from certified organic farms.
These high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Puffed food, essentially grains, legumes, and seeds that are expanded or "puffed" under high temperature and pressure, has taken a firm foothold in the snacking sector. These foods, which include puffed rice, corn, and cereals, have found their way into breakfast bowls, snack bars, and even gourmet dishes in upscale restaurants. Not only are they revered for their crispy texture, but they also score high on the nutrition scale, typically being low in calories and rich in essential nutrients.
A significant catalyst propelling the global puffed food market growth is the evolving consumer dietary preferences. As health becomes a paramount concern, there's an escalating shift towards snacks that align with fitness goals without compromising on taste. Puffed food items, being low in fats and sugars, perfectly fit this bill.
Moreover, the tidal wave of convenience in the food sector is hard to ignore. Urban lifestyles, marked by hectic schedules, have made traditional meals less feasible. Instead, quick snacks that can be consumed on-the-go have gained immense popularity, leading to the proliferation of puffed food market share.
The application of puffed foods isn't limited to snack packs. The breakfast cereal segment, dominated by puffed grains and fruits, has witnessed robust growth. These cereals cater to both children and adults, often fortified with vitamins and minerals to offer an enhanced nutritional profile, contributing to the puffed food market expansion.
Moreover, with the advent of gourmet cooking and the globalisation of culinary practices, puffed foods are now being utilised creatively in various dishes, adding an element of crunch and texture that elevates the overall dining experience.
The organic wave is greatly impacting the puffed food market outlook. As consumers become more aware of the potential hazards associated with pesticides and chemical fertilizers, the demand for organically puffed grains and seeds is witnessing an upsurge. Manufacturers are thus increasingly sourcing their raw materials from certified organic farms.
Market Segmentation
The market can be divided based on grain type, product type, distribution channel, application, and region.Market Breakup by Grain Type
- Wheat
- Rice
- Corn
- Sorghum
- Ragi
- Others
Market Breakup by Product Type
- Fried
- Non-Fried
Market Breakup by Distribution Channel
- Supermarket and Hypermarket
- Convenience Store
- Online
- Others
Market Breakup by Application
- Bakery
- Snacks
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global puffed food market.Some of the major players explored in the report are as follows:
- Kraft Heinz Company
- General Mills Inc
- Frito-Lay North America, Inc.
- Wise Foods, Inc
- Nurture Inc
- Kellogg Company
- Others
About the Analyst
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.These high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market15 Value Chain Analysis
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Puffed Food Market Analysis
9 North America Puffed Food Market Analysis
10 Europe Puffed Food Market Analysis
11 Asia Pacific Puffed Food Market Analysis
12 Latin America Puffed Food Market Analysis
13 Middle East and Africa Puffed Food Market Analysis
14 Market Dynamics
16 Competitive Landscape
17 Key Trends and Developments in the Market
List of Key Figures and Tables
Companies Mentioned
- Kraft Heinz Company
- General Mills Inc
- Frito-Lay North America Inc.
- Wise Foods Inc
- Nurture Inc
- Kellogg Company
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 168 |
| Published | October 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 3.91 Billion |
| Forecasted Market Value ( USD | $ 5.71 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 6 |
