According to the current analysis of Reports and Data, the Snack Pellets Market was valued at USD 1.97 Billion in 2018 and is expected to reach USD 2.94 Billion by year 2026, at a CAGR of 5.1%. With rapidly changing consumer lifestyles, the demand for processed and convenience foods is rising. The increase in disposable incomes is further boosting the consumer spending on food consumption and establishing a healthy snacking trend in the market.
Salient Trends of the Snack Pellets Market:
- By type, the multigrain segment held the largest global share in base year 2018 and is expected to witness a steady rate of growth during the forecast period. The popularity of multigrain snack pellets arises out of their enhanced nutritional value and enhanced tastes over the conventional corn and potato pellets.
- By form, the gelatinized segment holds the largest market share. Gelatinized pellets have a specific method of production that provides them their thickness and enables a steady shape when the pellets are fried.
Get sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1788
Key Players:
Intersnack Group GmbH and Co. KG, J.R. Short Milling, Limagrain Cereales Ingredients, Mafin, Liven S.A., Van Marcke Foods, Grupo Industrial Michel, Bach Snacks, Leng-d'Or, Balance Foods, Inc., LE Caselle, Pasta Foods Ltd., Quality Pellets A/S, Chhajed Foods Pvt. Ltd., Pellsnack-Products GmbH, Noble Agro Foods
Further key findings from the report suggest-
- The multigrain category under the type segmentation is the most prominent within the market. The segment is growing because of rising consumer focus on healthy snacking and low-fat content in snacks.
- By form, the gelatinized segment held the largest market share in 2018. It is expected to dominate the market because of its benefits over other forms of pellets, such as a uniform thickness.
- The die-face segment is expected to record the fastest growth during the period of forecast. The reason behind the fast-paced growth is the scope of diversity and creativity in offering new shapes and textures to snacks.
- By technique, the single-screw extruder segment is expected to register the largest share in this market. Single screw extruders enable production of complex extruded snack food products, that are witnessing a high demand.
- The twin-screw extruder segment is expected to register a modest rate of growth due to increasing applicability and enhanced technical ability to produce different shapes of snack pellets.
Request customization of the report @ https://www.reportsanddata.com/request-customization-form/1788
Market Segmentation:
Type (Revenue, USD Million; 2016–2026)
- Potato
- Corn
- Rice
- Tapioca
- Multigrain
- Others
Form (Revenue, USD Million; 2016–2026)
- Laminated
- Tridimensional
- Die-Face
- Gelatinized
Flavour (Revenue, USD Million; 2016–2026)
- Plain
- Flavored
- Nutritional
Technique (Revenue, USD Million; 2016–2026)
- Single-Screw Extruder
- Twin-Screw Extruder
Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East and Africa
- Latin America
- Brazil
Browse full report here @ https://www.reportsanddata.com/report-detail/snack-pellets-market
Key questions answered:
- Which of these regions – North America, Europe, Asia Pacific, Latin America, and Middle East Africa, dominates market share?
- What is the outcome of the COVID-19 Impact Analysis performed in the report?
- What are the revenue estimations for every region in the Snack Pellets market?
- What is the current market valuation of each region and the estimated market size by the end of the forecast period?
- What is the projected growth rate of the global Snack Pellets market?
Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Browse our reports from different publications:
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com/
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
