06 December 2018 | News | By NFS correspondent
According to ResearchAndMarkets report, India Extruded snacks market has shown remarkable growth in the past few years. The market is forecasted to grow with a CAGR of more than 10% in the near future. Major players operating in the Indian extruded snack market include PepsiCo, Prataap Snacks, ITC, Balaji and Bikanerwala.
"India Extruded Snacks Market Overview, 2018-2023" provides deep analysis of the India Extruded Snacks market, with size in terms of both the value and volume of the Extruded Snacks market and also provides market share of different segments.
The Western region is the largest demand-generating region for extruded snacks in the country. The region accounted for more than one-third of the market in 2016-17, and the same trend is expected to prevail in the coming years. Kids and youngsters are the primary buyers of extruded snacks and they are also the target consumer segments for the major players operating in the market.
Increasing consumer's awareness towards healthy and packaged Extruded snacks has created a huge demand of Extruded snacks in past couple of years With higher purchasing power resulted due to the high economic development of India has resulted in a change in the preference of Indian consumers.
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