PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1265372
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1265372
According to SPER Market Research, the Middle East and North Africa Extruded Snack Food Market is estimated to reach USD 0.003 billion by 2033 with a CAGR 4.28%.
Extruded snack food is a type of processed food that is made by pushing a mixture of grains, flours, and other ingredients through a machine called an extruder. The extruder uses pressure and heat to turn the mixture into a dough-like consistency, which is then pushed through a die to create a specific shape, such as a tube, ring, or puffed shape. The snacks are then baked or fried to give them a crispy texture and enhance their flavour. Some examples of extruded snack foods include cheese puffs, pretzels, and corn chips.
The Middle East and North Africa (MENA) region is experiencing rapid growth in the extruded snack food market, with several key factors driving this trend and it is expected to reach 0.003 billion by 2033 with a CAGR of 4.28%. One of the main growth drivers is the increasing population in the region, which has resulted in a growing demand for convenient and affordable snack foods. Additionally, the rising disposable incomes of consumers have allowed for more spending on snack foods, including extruded snacks.
The COVID-19 pandemic had a significant impact on the Middle East and North Africa (MENA) extruded snack food market. The pandemic has led to a decrease in consumer spending, as many people have lost their jobs or are experiencing financial difficulties. This has resulted in a decline in demand for extruded snacks in the region.