North America Extruded Snack Food Market | Size, Growth, Trends and Analysis 2022-2027

IMARC Group's latest report, titled "North America Extruded Snack Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the North America extruded snack food market size reached US$ 8.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.19% during 2022-2027.

Extruded snack food is made by the extrusion of various ingredients such as corn, tapioca, oats, potatoes, wheat, etc. The extrusion technique has been found to be efficient and economical in comparison with the older techniques. As a result, this process has been used widely in the snack food industry. Its versatility with respect to ingredient selection, shapes and textures of products that can be produced, energy efficiency and lack of process effluents are some of its major advantages. Extrusion based processing involves lower costs and higher productivity than other cooking and forming processes. Extruders can also operate continuously with high throughput.

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North America Extruded Snack Food Market Growth:

North America extruded snack food market is currently being driven by various factors. The consumption of the snack food is increasing in the region owing to their convenience, affordability and the availability of numerous flavors and pack sizes.

Moreover, rising hectic lifestyles of the consumers have escalated the demand of ready-to-eat food products such as extruded snack food products like chips, crisps, etc. Furthermore, easy access to multiple distribution channels such as hypermarkets, convenience stores, specialty food stores and online retail has also fueled the market growth in the region.

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Key Market Segmentation:

Breakup by Type:

• Potato
• Corn
• Rice
• Tapioca
• Mixed Grains
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Food Stores
• Online Stores
• Others

Breakup by Regions:

• United States
• Canada

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Competitive Landscape with Key Players:

The report has also examined the competitive landscape of the North America Extruded Snack Food Market.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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