North America Extruded Snacks Market Size, Share, Trends, Segmentation And Forecast To 2028
The extruded snacks market in North America is expected to
grow from US$ 13.13 billion in 2022 to US$ 18.91 billion by 2028; it is
estimated to grow at a CAGR of 6.3% from 2022 to 2028.
The rapid emergence of the retail chain is one of the driving
factors for extruded snacks market. Retail chains are key contributors to
increasing awareness about extruded snacks among consumers. The strong presence
of retail chains across the region is contributing to the growth of the market.
Penetration of retail chains is increasing across the region. According to the
National Retail Federation, in 2021, the total number of retail stores
established across the US increased and grew over 70% in the last three years
totaling approximately 3,950 stores across the US.
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Calbee
General Mills Inc.
Hain Celestial
Kelloggโs Company
Meiji Holdings Co. Ltd.
Mikesellโs Snack Food Company
Old Dutch Foods, Inc.
Pepperidge Farm Incorporated
PepsiCo, Inc.
The extruded snacks market
represents a dynamic and ever-evolving segment within the broader food and
beverage industry, driven by consumer demand for convenient, flavorful, and
often novel snacking experiences. Extrusion, a process where raw materials are
forced through an orifice or die, then cut to a specific length or shaped, is
the cornerstone of this market. This versatile technique allows for the
creation of a wide array of snack products, from puffed corn and potato chips
to cereal-based snacks and even protein-enriched options. The market's growth
is fueled by several key factors, including changing consumer lifestyles,
increasing urbanization, and the rising popularity of on-the-go snacking.
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