Puffed Food Market Growth Drivers, Trends, and Forecast by 2031

MARKET INTRODUCTION

Puffed food is prepared from puffed grains of wheat, rice, corn, sorghum, etc. by heating and exploding theses grains in a pressure chamber. The resultant puffed grains are several times larger than the original grains. The most widely recognized and consumed puffed foods around the globe are popcorns and corn flakes. Puffed foods are popularly consumed in the breakfast cereals and snacks. Some of the local variants of food prepared from puffed grains and eaten across the world include golden crisp, cheese puffs, bhelpuri, sugar puffs, toffee crisps, etc.

MARKET DYNAMICS

Puffed foods prepared from rice and wheat grains have been consumed since antiquity. However, the rapid industrialization in the food and beverage sector has led to significant consumption of puffed foods in the forms of popcorns, breakfast cereals, rice crispies, etc. The consumption of corn flakes and other breakfast cereals, which earlier was limited mostly to the West has now started to soar in the East Asian societies as well. Breakfast cereals now have become a staple in a number of regions across the world. The increasing consumption of puffed cereals among school-going children as snacks owing to their high protein content has augmented the demand for puffed corn flakes in recent times. Moreover, the rising consumer demand for snack options with low-calorie count has fuelled the consumption of puffed cereals among weight watchers.

MARKET SCOPE

The "Global Puffed Food Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the puffed food market with detailed market segmentation by type, application, and geography. The global puffed food market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading puffed food market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global puffed food market is segmented on the basis of type and application. On the basis of type, the puffed food market is segmented into wheat, rice, corn, sorghum, ragi, and others. The puffed food market on the basis of application is classified into bakery industry and snacks industry.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global puffed food market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The puffed food market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the puffed food market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the puffed food market in these regions.

MARKET PLAYERS

The reports cover key developments in the puffed food market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the puffed food market are anticipated to lucrative growth opportunities in the future with the rising demand for puffed food in the global market. Below mentioned is the list of few companies engaged in the puffed food market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the puffed food market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

•  Grain Basket Foods
  
•  HOMETOWN FOOD COMPANY
  
•  Kallo Foods
  
•  Nurture Inc
  
•  Rude Health
  
•  SNAK-KING CORP
  
•  The Kellogg Company
  
•  The Kraft Heinz Company
  
•  Wise Foods, Inc.
  
•  Wyandot, Inc.
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Puffed Food Report Scope