Bagged Puffed Food Market size is estimated to be USD 12.5 Billion in 2024 and is expected to reach USD 20.3 Billion by 2033 at a CAGR of 6.5% from 2026 to 2033.
The global Bagged Puffed Food Market was valued at USD 4.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The increasing consumer preference for convenient, healthy snacks is driving market growth. North America holds a significant share of the market, with the U.S. contributing to a large portion of the demand, estimated at USD 1.5 billion in 2022. The region’s preference for on the go snacks and healthier alternatives to traditional chips and fried foods is fueling the growth of bagged puffed foods. Europe follows closely behind, valued at USD 1.2 billion in 2022, driven by rising health consciousness among consumers and the availability of diverse flavor offerings. The Asia Pacific region, with countries like India and China, is expected to see the highest growth rate over the forecast period, with an anticipated CAGR of 8.5%, owing to rapid urbanization and increasing disposable incomes. The market is also witnessing substantial growth in Latin America and the Middle East & Africa, where the demand for healthy, light, and easy to consume snacks is rising. Latin America’s market size was valued at USD 400 million in 2022, and the region’s preference for natural ingredients in snacks is a key growth driver. The Middle East & Africa market was valued at approximately USD 250 million in 2022, with rising awareness about healthy snacking options contributing to its expansion. The growing demand for organic and gluten free puffed snacks is expected to open new market opportunities, particularly in emerging markets where consumers are shifting towards healthier food choices.
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The Kraft Heinz
PepsiCo
Oishi
WantWant
Orion Corporation
Nong Shim
Frito-Lay
Kelloggs
Fujian Dali Group
Panpan foods
General Mills
Three Squirrels
BESTORE
Wyandot Snacks
Wise Foods
Rude Health
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Bagged Puffed Food Market
Extruded Snacks
Fried Puffed Snacks
Baked Puffed Snacks
Multigrain Puffed Snacks
Flavored Puffed Snacks
Corn-based Puffed Snacks
Rice-based Puffed Snacks
Potato-based Puffed Snacks
Wheat-based Puffed Snacks
Legume-based Puffed Snacks
Single-serve Bags
Family Packs
Stand-up Pouches
Recyclable Packaging
Resealable Bags
Online Retail
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Food Service Outlets
Age Group
Income Level
Lifestyle
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Bagged Puffed Food Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Bagged Puffed Food Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Bagged Puffed Food Market, By Type
6. Global Bagged Puffed Food Market, By Application
7. Global Bagged Puffed Food Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Bagged Puffed Food Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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