Disclosed are a method for preparing an extruded product and an extruded product prepared thereby. The extruded product is deemed useful a food product, in particular, a snack food product suitable for consumption by diabetics. Cranberry seed meal is blended with one or more starches, preferably including a modified dent corn starch, and extruded through a die under conditions suitable to result in an expanded product while exhibiting a 10% survival rate of at least one anthocyanin. Optionally, flavoring components such as spices may be incorporated into the blend or added after extrusion. The resulting food product will be suitable for a use as a snack food product but will have a substantially higher percentage of fiber and protein as compared with extruded carbohydrate-based food products, and will have some surviving anthocyanins.