Lewes, DE -- (SBWIRE) -- 04/29/2019 -- Global Snack Pellets Market is accounted for $8.64 billion in 2017 and is expected to reach $17.27 billion by 2026 growing at a CAGR of 8.0% during the forecast period. Some of the key factor propelling market growth is the transition in the lifestyle of consumers in terms of feeding habits. However, high content of acrylamide in processed foods and prices of the raw material may hinder the growth of the market. In addition, government initiatives and investments to expand the processed and extruded food act as the market growth opportunity.
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, corn-based snack pellets segment are also expected to gain popularity 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, Asia Pacific region provides potential growth opportunities due to large-scale production, availability of labor and raw material and export of inexpensive snack pellets to the U.S and other developed markets.
Some of the key players in Snack Pellets market include Noble Agro Food Products Pvt. Ltd., J.R. Short Milling Company, Grupo Industrial Michel, Pasta Foods Ltd., Quality Pellets A/S, Akkel Group, Balance Foods Inc., Chhajed Foods Pvt. Ltd., Limagrain Cereales Ingredients, Pellsnack Products, Van Marcke Foods, Liven S.A., Mafin, Bach Snacks, and LE Caselle.
- Other Products
- Hot Air Baking
- Laminated Pellets
- Gelatinized Pellets
- Tridimensional Pellets
- Punched Pellets
- Die Face Pellets
- Other Forms
- Twin Screw Extruders
- Single Screw
End Users Covered:
- Commercial Use
- North America
Rest of Europe
- Asia Pacific
Rest of Asia Pacific
- South America
Rest of South America
- Middle East & Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- 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.
Spanning over 157 pages "Snack Pellets - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Snack Pellets Market, By Product, Global Snack Pellets Market, By Type, Global Snack Pellets Market, By Flavor, Global Snack Pellets Market, By Form, Global Snack Pellets Market, By Technique, Global Snack Pellets Market, By End User, Global Snack Pellets Market, By Geography, Key Developments, Company Profiling.
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