Rice Extruded Snacks to Lead India Extruded Snacks Market until 2024
Rising per capita income, growing youth population, coupled with growing urbanization and smaller packaging as well as competitive pricing to drive India extruded snacks market According to a recently released TechSci Research report, “ India Extruded Snacks Market By Type, By Distribution Channel, By Region, By Company, Competition, Forecast & Opportunities, 2024” , extruded snacks in India is projected to grow at a CAGR of more than 15% during 2019-2024. Growth in the market can be majorly attributed to rising per capita income, growing youth population, growing young population, and introduction of smaller packs as well as competitive pricing provided by the leading players. Increasing per capita income of people living in urban, semi-urban and rural regions of the country is among the major factors driving consumption of extruded snacks. The extruded snacks market is also expected to be positively influenced by anticipated growth in the cou...