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Changing Lifestyles, Urbanization & Rising Disposable Incomes Driving Demand for Extruded Snacks
Industry Experts, Inc., has released the new market research report on Extruded Snacks Market. As per this study, the demand for Extruded Snacks is estimated at US$65.1 billion in 2024 and projected to reach US$92.2 billion by 2030 at a 2024-2030 CAGR of 6%.
Some of the factors instrumental in driving demand for Extruded Snacks include growing preference for convenience & on-the-go snacks, rising disposable incomes, move towards healthier snacking options, changing lifestyles & urbanization, innovations in flavors, textures & ingredients, expansion of online distribution channels, technological advancements in extrusion, growing popularity of savory snacks, emerging markets & population growth and marketing & packaging strategies.
Extruded Snacks are normally made using two techniques, viz., Single-Screw Extruder and Twin-Screw Extruder, among which the global market for the latter is larger (estimated at 58.9% in 2024) and also faster growing (6.9% CAGR over 2024-2030).

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Changing Lifestyles, Urbanization & Rising Disposable Incomes Driving Demand for Extruded Snacks