The extruded snacks market is estimated to reach about $31 billion by 2019, according to the report Extruded Snacks Market by Type (Potato, Corn, Rice, Tapioca, Mixed Grain, and Others) & by Geography – Global Trends and Forecasts to 2019 by MarketsAndMarkets.
In 2013, Asia Pacific was the largest extruded snacks market and is estimated to grow at the highest compound annual growth rate (CAGR) from 2014 to 2019.
The Indian market for extruded snacks is projected to grow at the highest CAGR of more than 12% from 2014 to 2019.
The Latin American market is estimated to be the second fastest growing market.
The extruded snacks market is fragmented, with leading companies that drive the market growth with new product launches, expansions, and acquisitions.