Snack Pellets Market Forecasts to 2028 – Global Analysis By Technique (Twin Screw Extruders, Single Screw), Flavor (Flavored, Nutritional, Plain), End User (Household, Commercial Use), and By Geography
According to Stratistics MRC, the Global Snack Pellets Market is accounted for $2.07 billion in 2020 and is expected to reach $3.43 billion by 2028 growing at a CAGR of 6.5% during the forecast period. Increasing innovations in food extrusion processes, rise in demand for prepared and convenience foods, and expansion of retail landscape in developing countries are the major factors propelling the market growth. However, high acrylamide content in snack foods and operational complexity during food processing are hampering the market growth.
Snack pellets are semi-finished products which are either cooked by frying or by hot air expansion. They are preferred by a majority of customer due to longer shelf life, stability, and bulk density. These products are also convenient to store as compared to other ready to eat alternatives. Snack pellets allow the manufacturers to offer a clean label to their products by way of offering pellets that have similar texture and expansion and meeting consumer need for healthy and safe snacking options.
Based on product, the corn segment is estimated to have a lucrative growth due to the introduction of new recipes focused on corn-based ingredients. Corn is one of the most efficient plants when it comes to transforming sunlight and chemical fertilizer into carbohydrate energy (in the case of corn) and fat and protein (in the case of soy).
By geography, Europe is going to have a lucrative growth during the forecast period due to the rising demand for savory snacks, rising expansion of retail landscape in developing countries, rising innovations in food extrusion processes, rising demand for healthy foods, increasing health consciousness among individual in this region.
Some of the key players profiled in the Snack Pellets Market include Akkel Group, Balance Foods Inc, Dalmaza Food Industries Co, GmBH & Co. KG, Grupo Industrial Michel, Intersnack Group, J.R. Short Milling Company, LE Caselle, Limagrain Cereales Ingredients, Liven S.A, Noble Agro Food Products Pvt. Ltd, Pasta Foods Ltd, Quality Pellets A/S, and Van Marcke Foods.
Types Covered:
• Hot Air Baking
• Frying
Products Covered:
• Corn
• Multi-Grain
• Potato
• Rice
• Tapioca
• Vegetable
• Other Products
Flavors Covered:
• Flavored
• Nutritional
• Plain
Forms Covered:
• Laminated Pellets
• Gelatinized Pellets
• Tridimensional Pellets
• Punched Pellets
• Die Face Pellets
• Die Distance Pellets
Techniques Covered:
• Twin Screw Extruders
• Single Screw
End Users Covered:
• Household
• Commercial Use
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Snack Pellets Market, By Type
5.1 Introduction
5.2 Hot Air Baking
5.3 Frying
6 Global Snack Pellets Market, By Product
6.1 Introduction
6.2 Corn
6.3 Multi-Grain
6.4 Potato
6.5 Rice
6.6 Tapioca
6.7 Vegetable
6.8 Other Products
6.8.1 Legumes
6.8.2 Cereals
7 Global Snack Pellets Market, By Flavor
7.1 Introduction
7.2 Flavored
7.3 Nutritional
7.4 Plain
8 Global Snack Pellets Market, By Form
8.1 Introduction
8.2 Laminated Pellets
8.3 Gelatinized Pellets
8.4 Tridimensional Pellets
8.5 Punched Pellets
8.6 Die Face Pellets
8.7 Die Distance Pellets
9 Global Snack Pellets Market, By Technique
9.1 Introduction
9.2 Twin Screw Extruders
9.3 Single Screw
10 Global Snack Pellets Market, By End User
10.1 Introduction
10.2 Household
10.3 Commercial Use
10.3.1 Food Specialty Stores
10.3.2 Super Markets/ Hyper Markets
10.3.3 Online Retailers
10.3.4 Convenience Stores/Grocery Store
11 Global Snack Pellets Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Akkel Group
13.2 Balance Foods Inc.
13.3 Dalmaza Food Industries Co
13.4 GmBH & Co. KG
13.5 Grupo Industrial Michel
13.6 Intersnack Group
13.7 J.R. Short Milling Company
13.8 LE Caselle
13.9 Limagrain Cereales Ingredients
13.10 Liven S.A.
13.11 Noble Agro Food Products Pvt. Ltd.
13.12 Pasta Foods Ltd.
13.13 Quality Pellets A/S
13.14 Van Marcke Foods
List of Tables
1 Global Snack Pellets Market Outlook, By Region (2019-2028) ($MN)
2 Global Snack Pellets Market Outlook, By Type (2019-2028) ($MN)
3 Global Snack Pellets Market Outlook, By Hot Air Baking (2019-2028) ($MN)
4 Global Snack Pellets Market Outlook, By Frying (2019-2028) ($MN)
5 Global Snack Pellets Market Outlook, By Product (2019-2028) ($MN)
6 Global Snack Pellets Market Outlook, By Corn (2019-2028) ($MN)
7 Global Snack Pellets Market Outlook, By Multi-Grain (2019-2028) ($MN)
8 Global Snack Pellets Market Outlook, By Potato (2019-2028) ($MN)
9 Global Snack Pellets Market Outlook, By Rice (2019-2028) ($MN)
10 Global Snack Pellets Market Outlook, By Tapioca (2019-2028) ($MN)
11 Global Snack Pellets Market Outlook, By Vegetable (2019-2028) ($MN)
12 Global Snack Pellets Market Outlook, By Other Products (2019-2028) ($MN)
13 Global Snack Pellets Market Outlook, By Legumes (2019-2028) ($MN)
14 Global Snack Pellets Market Outlook, By Cereals (2019-2028) ($MN)
15 Global Snack Pellets Market Outlook, By Flavor (2019-2028) ($MN)
16 Global Snack Pellets Market Outlook, By Flavored (2019-2028) ($MN)
17 Global Snack Pellets Market Outlook, By Nutritional (2019-2028) ($MN)
18 Global Snack Pellets Market Outlook, By Plain (2019-2028) ($MN)
19 Global Snack Pellets Market Outlook, By Form (2019-2028) ($MN)
20 Global Snack Pellets Market Outlook, By Laminated Pellets (2019-2028) ($MN)
21 Global Snack Pellets Market Outlook, By Gelatinized Pellets (2019-2028) ($MN)
22 Global Snack Pellets Market Outlook, By Tridimensional Pellets (2019-2028) ($MN)
23 Global Snack Pellets Market Outlook, By Punched Pellets (2019-2028) ($MN)
24 Global Snack Pellets Market Outlook, By Die Face Pellets (2019-2028) ($MN)
25 Global Snack Pellets Market Outlook, By Die Distance Pellets (2019-2028) ($MN)
26 Global Snack Pellets Market Outlook, By Technique (2019-2028) ($MN)
27 Global Snack Pellets Market Outlook, By Twin Screw Extruders (2019-2028) ($MN)
28 Global Snack Pellets Market Outlook, By Single Screw (2019-2028) ($MN)
29 Global Snack Pellets Market Outlook, By End User (2019-2028) ($MN)
30 Global Snack Pellets Market Outlook, By Household (2019-2028) ($MN)
31 Global Snack Pellets Market Outlook, By Commercial Use (2019-2028) ($MN)
32 Global Snack Pellets Market Outlook, By Food Specialty Stores (2019-2028) ($MN)
33 Global Snack Pellets Market Outlook, By Super Markets/ Hyper Markets (2019-2028) ($MN)
34 Global Snack Pellets Market Outlook, By Online Retailers (2019-2028) ($MN)
35 Global Snack Pellets Market Outlook, By Convenience Stores/Grocery Store (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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