The North America extruded snack food market reached a value of US$ 13.8 Billion in 2018. 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.
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. Looking forward, IMARC Group expects the market to reach levels worth US$ 15.8 Billion by 2024 exhibiting a CAGR of 2.2% during 2019-2024.
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