Snack Pellets Market by Type, Technique, Region - 2023

1
MarketsandMarkets Presents
Snack Pellets Market - Forecast to 2023
https//www.marketsandmarkets.com/Market-Reports/s
nack-pellets-market-34540077.html
2
The report "Snack Pellets Market by Type (Potato,
Corn, Rice, Tapioca, Multigrain), Form
(Laminated, Tridimensional, Die-face,
Gelatinized), Technique (Twin-screw extruder,
Single-screw extruder), Flavor (Plain, Flavored,
Nutritional), and Region Global Forecast to
2023"The snack pellets market is estimated to
account for about USD 2.0 billion in 2018 and is
projected to reach a value of about USD 2.5
billion by 2023, growing at a CAGR of 5.3 from
2018.  The snack pellets market is highly
impacted by innovations, as manufacturers are
always introducing new ingredients, new variants,
and processing techniques to meet the increasing
demand and cater to changing consumer demands.
The rise in on-the-go consumption has encouraged
the savory snack manufacturing industry to
produce new products that could meet these rising
demands from the working-class consumers. In
addition to this, the growing focus on facility
expansion, marketing schemes, and information
exchange programs for creating awareness to
enhance the consumption of snack pellets have
contributed to the growth of the market.
    Browse 109 market data Tables and 38 Figures
spread through 149 Pages and in-depth TOC
on "Snack Pellets Market Global Forecast to
2023 North America is estimated to dominate the
snack pellets market in 2018. North America is
estimated to account for the largest market share
for snack pellets in 2018. Because of the
abundant availability of raw materials and the
presence of a strong food processing industry,
North America holds the largest share of the
snack pellets market, in terms of both volume and
value. Additionally, snacks made from potatoes
are highly preferred by consumers. These factors
are responsible for the largest share of
potato-based snack pellets in the
region. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id34540077
3

• Report Objectives
• To define, segment, and project the global market
  size for snack pellets products
• To understand the structure of the snack pellets
  market by identifying its various subsegments
• To provide detailed information about the key
  factors influencing the growth of the market
  (drivers, restraints, opportunities, and
  industry-specific challenges)
• To analyze the micromarkets with respect to
  individual growth trends, future prospects, and
  their contribution to the total market
• To project the size of the market and its
  submarkets, in terms of value, with respect to
  the four regions (along with their respective key
  countries)
• To profile the key players and comprehensively
  analyze their core competencies
• To understand the competitive landscape and
  identify the major growth strategies adopted by
  players across key regions
• The key players identified in this market include
  Limagrain Céréales Ingrédients (France), Liven
  S.A. (Spain), Grupo Michel (Mexico), Leng d'Or
  S.A. (Spain), Pellsnack-Products GmbH (Germany),
  J. R. Short Milling (US), Pasta Foods Ltd (UK),
  Noble Agro Food Products Ltd (India), Bach Snacks
  s.a.l. (Lebanon), Mafin Spa (Italy), Le Caselle
  S.p.A. (Italy), and Van Marcke Foods (the
  Netherlands). These players are focusing on
  increasing their presence through undertaking
  acquisitions and expansions and developing
  products specific to consumer tastes and
  preferences in these regions. These companies
  have a strong presence in Europe and North
  America. They have also set up manufacturing
  facilities in various regions and have strong
  distribution networks. 
• Make an Inquiry https//www.marketsandmarkets.com
  /Enquiry_Before_BuyingNew.asp?id34540077

4
The multigrain type segment is projected to be
the fastest-growing in the snack pellets market
during the forecast period. The multigrain type
segment is projected to be the fastest-growing
segment in the snack pellets market during the
forecast period. Multigrain snack pellets are
made of various grains that have high nutritional
value. Earlier, a single grain type was used to
produce snack pellets, due to which the
nutritional value of products was limited.
Currently, the consumer demand for multigrain
snack pellets remains high due to its high-fiber
content. With low-fat content, multigrain snack
pellets offer various health and taste benefits,
as compared to potato- and corn-based snack
pellets. Grains such as wheat is mostly used with
other types for snack pellets. The gelatinized
segment is projected to account for the largest
market size during the forecast period. On the
basis of form, the snack pellets market is
segmented into laminated, die-face,
tridimensional, and gelatinized. Gelatinized
pellets are uniform in thickness and are
generally flat, with holes on the surface. The
thickness is essential for the maintenance of
shape definition upon frying or toasting.
Gelatinized pellets can be produced by using a
specially designed high-speed rotary cutting
machine, which sequentially and synchronously
punches the holes and cuts the sheet into the
desired shape. Hence, the gelatinized form of
snack pellets in the food industry is witnessing
growth. Request Sample https//www.marketsandm
arkets.com/requestsampleNew.asp?id34540077  
5

• The single-screw extruder segment is estimated to
  account for the largest share in the snack
  pellets market in 2018.
• On the basis of technique, the snack pellets
  market is dominated by the single-screw extruder
  segment. Single-screw extruders are comparatively
  easy to operate and maintain. Moreover, there are
  various types of single extruders offered by
  leading players in the market these extruders
  are effective and capable of producing complex
  extruded snack food products.
• Recent Developments
• Limagrain Céréales Ingrédients entered into an
  agreement to acquire 100 shares of Unicorn Grain
  Specialties (the Netherlands). This agreement
  would strengthen Limagrains strong presence in
  Northern Europe, in the pulses and cereals
  market. It would also provide specialized
  ingredients to industries such as breakfast
  cereals, bakery, snacking, animal nutrition, and
  nutrition markets.
• Key Questions addressed by the report
• What are new trending flavors which the snack
  pellet companies are exploring?
• Which are the key players in the market and how
  intense is the competition?
• What are the upcoming growth trends which the
  snack pellets manufacturers are focusing on in
  the future?
• What are the high growth opportunities in the
  snack pellets market in each segment?
• What are the key growth strategies adopted by
  major market players in the snack pellets market?
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id34540077 

6
Contact Us
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.comBlog _at_
https//mnmblog.org/market-research/agriculture Co
nnect with us on LinkedIn _at_ http//www.linkedin.co
m/company/marketsandmarkets
7
About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.