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In recent years, the rapidly increasing consumption of extruded snack foods has been registered on account of several factors. Rising health consciousness among the consumers coupled with hectic lifestyles with more time spent at work has led to a change in the consumption patterns of consumers. As a result, manufacturers are coming up with healthier and nutritional options which contain healthier ingredients such as high protein foods, vegetables and legumes with relatively less cholesterol and calorie amounts. Moreover, rising population, increasing disposable incomes, urbanisation rates and a growing demand from emerging markets have further facilitated the growth of the global extruded snack food market. According to a new report by Expert Market Research, the market reached a value of US$ 84.3 Billion in 2020 and is further expected to reach US$ 94.45 Billion by 2026.
Key findings from the report:
Expert Market Research has analysed the global extruded snack food market according to feedstock, major regions and top players:
Market breakup by Feedstock
Market breakup by Region
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