Snack Pellets Market

Global Snack Pellets Market Size, Trends & Analysis - Forecasts to 2026 By Application (Commercial Use, Household) By Types (Rice, Tapioca, Mixed Grains, Potato, Corn, Others (Cereals, Legumes, Etc.)) By Form (Laminated, Dying Faced, Tridimensional & Gelatinized Snack Pellets), By Equipment Type ( Single-Screw Extruders, Twin-Screw Extruders), By Region (North America, Europe, Asia Pacific, MEA, and CSA), End-User Landscape, Company Market Share Analysis, and Competitor Analysis

Category Food & Beverages

Format

This report was recently updated on April 12 2024 with the latest and most recent market numbers

Snack Pellets Market Insights

The global snack pellets market size is projected to grow from USD 2.5 billion in 2021 to USD 4.4 billion by 2026 at a CAGR value of 6.2% from 2021-2026. Some of the key drivers accelerating the market growth are increasing demand for convenient and prepared food sources, government activities and investments to extend the processed food sectors and rising demand for improved taste, fixings, and flavour.

Flourishing retail sector in developing nations, rising advancements in food extrusion processes, emerging demand for quality food sources are some of the other noteworthy factors helping the market grow. Moreover, expanding wellbeing awareness among individuals, and developing an inclination towards food items with low energy, saturated fats and salt, supplements or nutrients, and protein are the other drivers, of the snack pellets market.

Snack pellets are the kind of transitional non-extended items made with crude materials like cereals, potatoes, or vegetable powders, and grains like corn, wheat, rice, and tapioca. These non-extended semi-completed items are by and large prepared, for example, frying and hot air baking to change over them into completed and extended bites. Snack pellets permit the makers to offer a perfect mark to their items via offering pellets that have alike texture and extension and addressing shopper need for sound and safe snacking alternatives. They are generally utilized in the savory snacks industry that incorporates chips and puffs. Some of the features of snack pellets are the long timeframe of realistic usability, high-thickness includes just as improving on storage process further lift the demand for the snack pellets market. Expanding notoriety in developing nations is a critical chance for the significant players in the worldwide snack pellets market during the predicted time frame. Furthermore, improvement in production methods is one more main consideration driving the demand for the snack pellets market at the worldwide level.

global snack pellets market

Snack Pellets Market: By Application

Based on the application the snack pellets market can be segregated into commercial use and household. The household section is anticipated to witness noteworthy growth from 2021 to 2026. Changing ways of life in the urban households of purchasers bring about expanding reliance on processed food items. Busier ways of life likewise initiate the requirement for prepared-to-eat snack food sources, for example, snack pellets. Accessibility of snack pellets in an assortment of shapes, colours, and flavors likewise draws in the buyer of lower age groups, making a different purchaser portion.

Snack Pellets Market: By Type

Based on type, the market for snack pellets can be segregated into rice, tapioca, mixed grains, potato, and corn, among others. The mixed grain type portion is projected to be the fastest developing fragment in the snack pellets market during the forecast period. Mixed grain snack pellets are made of different grains that have a high health benefit. Prior, a single grain type was utilized to produce the pellets, because of which the healthy benefit of items was restricted. As of now, the buyer demand for mixed grain snack pellets stays high because of their high fibre content. With low-fat substance, mixed grain snack pellets offer different wellbeing and taste benefits, when contrasted with the potato and corn-based snack pellets.

Snack Pellets Market: By Form

In the view of the form, the snack pellets market can be divided into laminated, dying faced, and tridimensional & gelatinized snack pellets. Gelatinized pellets are uniform in thickness; and are usually flat, with openings on a superficial level. The thickness is fundamental for the upkeep of shape definition after browning or toasting. Gelatinized pellets can be produced by utilizing an extraordinarily designed fast rotational cutting machine, which successively and simultaneously pokes the holes and cuts the sheet into the ideal shape. Consequently, the gelatinized form of snack pellets in the food business is seeing rapid development and hence will be the largest segment in the market.

Snack Pellets Market: By Equipment Type

Based on the equipment type, the snack pellets market can be segregated into the single-screw extruder and twin-screw extruder. The single-screw extruder is anticipated to hold the largest share of the market in terms of revenue from 2021 to 2026. Single-screw extruders are relatively simple to use and maintain as compared to twin-screw extruders. Furthermore, leading market competitors offer a variety of single extruders which are effective and capable of manufacturing complicated extruded snack food products. A single-screw extruder transports and shapes several ingredients by forcing the component mix through a shaped die to achieve a homogeneous shape by using one screw in the barrel of the extruder.

asia pacific snack pellets market

Snack Pellets Market: By Region

As per the geographical analysis, the market of snack pellets can be classified into North America (the US, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa and Central & South America.

Europe dominates the snack pellets market due to expanding savoury snack demand, rising retail landscape development in developing countries, rising advancements in food extrusion processes, rising demand for healthy meals, and rising health consciousness among individuals in this region. Moreover, the snack pellets markets in East and South Asia are encountering huge development attributable to at-scale production and cost-savvy export of pellets to developed markets like US and Europe.

Due to expanding demand for snack pellets, increased availability of labour, and raw materials from countries such as India and China in this region, Asia-Pacific is predicted to be the fastest-growing region from 2021 to 2026.

Snack Pellets Market Share and Competitor Analysis

Grupo International Michel, J.R. Short Milling Company, Limagrain Cereal Ingredients, Balance Foods Inc, Liven S.A., Mafin, Noble Agro Foods, LE Caselle, Intersnack Group Gmbh & Co, Pasta Foods Ltd., Quality pallet, Leng-Dor S.A. and Dalmaza Food Industries Co. are the top players in the snack pellets market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1 Methodology

1.1 Market Scope & Definitions

1.2 Estimates & Forecast Calculation

1.3 Historical Data Overview and Validation

1.4 Data Sources

1.4.1 Secondary

1.4.2 Primary

Chapter 2 Report Outlook

2.1 Global Snack Pellets Industry Overview, 2019-2026

2.1.1 Industry Overview

2.1.2 Application Growth Scenario

2.1.3 Type Growth Scenario

2.1.4 Form Growth Scenario

2.1.5 Equipment Type Growth Scenario

2.1.6 Regional Overview

Chapter 3 Global Snack Pellets Market Trends

3.1 Market Segmentation

3.2 Industry Background, 2019-2026

3.3 Market Key Trends

3.3.1 Positive Trends

3.3.1.1 Rising demand for prepared and convenience foods

3.3.1.2 Increasing innovations in food extrusion processes

3.3.2 Industry Challenges

3.3.2.1 Lack of transport infrastructure support in emerging market

3.4 Prospective Growth Scenario

3.4.1 Application Growth Scenario

3.4.2 Type Growth Scenario

3.4.3 Form Growth Scenario

3.4.4 Equipment Type Growth Scenario

3.5 COVID-19 Influence over Industry Growth

3.6 Porter’s Analysis

3.7 PESTEL Analysis

3.8 Value Chain & Supply Chain Analysis

3.9 Regulatory Framework

3.9.1 North America

3.9.2 Europe

3.9.3 APAC

3.9.4 LATAM

3.9.5 MEA

3.10 Technology Overview

3.11 Market Share Analysis, 2020

3.11.1 Company Positioning Overview, 2020

Chapter 4 Global Snack Pellets Market, By Type

4.1 Type Outlook

4.2 Tapioca

4.2.1 Market Size, By Region, 2019-2026 (USD Billion)

4.3 Rice

4.3.1 Market Size, By Region, 2019-2026 (USD Billion)

4.4 Mixed Grains

4.4.1 Market Size, By Region, 2019-2026 (USD Billion)

4.5 Potato

4.5.1 Market Size, By Region, 2019-2026 (USD Billion)

4.6 Corn

4.6.1 Market Size, By Region, 2019-2026 (USD Billion)

4.7 Others

4.7.1 Market Size, By Region, 2019-2026 (USD Billion)

Chapter 5 Global Snack Pellets Market, By Application

5.1 Application Outlook

5.2 Commercial Use

5.2.1 Market Size, By Region, 2019-2026 (USD Billion)

5.3 Household

5.3.1 Market Size, By Region, 2019-2026 (USD Billion)

Chapter 6 Global Snack Pellets Market, By Form

6.1 Form Outlook

6.2 Laminated

6.2.1 Market Size, By Region, 2019-2026 (USD Billion)

6.3 Dying Faced

6.3.1 Market Size, By Region, 2019-2026 (USD Billion)

6.4 Tridimensional & Gelatinized Snack Pellets

6.4.1 Market Size, By Region, 2019-2026 (USD Billion)

Chapter 7 Global Snack Pellets Market, By Equipment Type

7.1 Equipment Type Outlook

7.2 Single-Screw Extruders

7.2.1 Market Size, By Region, 2019-2026 (USD Billion)

7.3 Twin-Screw Extruders

7.3.1 Market Size, By Region, 2019-2026 (USD Billion)

Chapter 7 Global Snack Pellets Market, By Region

8.1 Regional outlook

8.2 North America

8.2.1 Market Size, By Country 2019-2026 (USD Billion)

8.2.2 Market Size, By Type, 2019-2026 (USD Billion)

8.2.3 Market Size, By Application, 2019-2026 (USD Billion)

8.2.4 Market Size, By Form, 2019-2026 (USD Billion)

8.2.5 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.2.6 U.S.

8.2.6.1 Market Size, By Type, 2019-2026 (USD Billion)

8.2.6.2 Market Size, By Application, 2019-2026 (USD Billion)

8.2.6.3 Market Size, By Form, 2019-2026 (USD Billion)

8.2.6.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.2.7 Canada

8.2.7.1 Market Size, By Type, 2019-2026 (USD Billion)

8.2.7.2 Market Size, By Application, 2019-2026 (USD Billion)

8.2.7.3 Market Size, By Form, 2019-2026 (USD Billion)

8.2.7.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.3 Europe

8.3.1 Market Size, By Country 2019-2026 (USD Billion)

8.3.2 Market Size, By Type, 2019-2026 (USD Billion)

8.3.3 Market Size, By Application, 2019-2026 (USD Billion)

8.3.4 Market Size, By Form, 2019-2026 (USD Billion)

8.3.5 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.3.6 Germany

8.3.6.1 Market Size, By Type, 2019-2026 (USD Billion)

8.3.6.2 Market Size, By Application, 2019-2026 (USD Billion)

8.3.6.3 Market Size, By Form, 2019-2026 (USD Billion)

8.3.6.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.3.7 UK

8.3.7.1 Market Size, By Type, 2019-2026 (USD Billion)

8.3.7.2 Market Size, By Application, 2019-2026 (USD Billion)

8.3.7.3 Market Size, By Form, 2019-2026 (USD Billion)

8.3.7.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.3.8 France

8.3.8.1 Market Size, By Type, 2019-2026 (USD Billion)

8.3.8.2 Market Size, By Application, 2019-2026 (USD Billion)

8.3.8.3 Market Size, By Form, 2019-2026 (USD Billion)

8.3.8.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.3.9 Italy

8.3.9.1 Market Size, By Type, 2019-2026 (USD Billion)

8.3.9.2 Market Size, By Application, 2019-2026 (USD Billion)

8.3.9.3 Market Size, By Form, 2019-2026 (USD Billion)

8.3.9.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.3.10 Spain

8.3.10.1 Market Size, By Type, 2019-2026 (USD Billion)

8.3.10.2 Market Size, By Application, 2019-2026 (USD Billion)

8.3.10.3 Market Size, By Form, 2019-2026 (USD Billion)

8.3.10.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.3.11 Russia

8.3.11.1 Market Size, By Type, 2019-2026 (USD Billion)

8.3.11.2 Market Size, By Application, 2019-2026 (USD Billion)

8.3.11.3 Market Size, By Form, 2019-2026 (USD Billion)

8.3.11.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.4 Asia Pacific

8.4.1 Market Size, By Country 2019-2026 (USD Billion)

8.4.2 Market Size, By Type, 2019-2026 (USD Billion)

8.4.3 Market Size, By Application, 2019-2026 (USD Billion)

8.4.4 Market Size, By Form, 2019-2026 (USD Billion)

8.4.5 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.4.6 China

8.4.6.1 Market Size, By Type, 2019-2026 (USD Billion)

8.4.6.2 Market Size, By Application, 2019-2026 (USD Billion)

8.4.6.3 Market Size, By Form, 2019-2026 (USD Billion)

8.4.6.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.4.7 India

8.4.7.1 Market Size, By Type, 2019-2026 (USD Billion)

8.4.7.2 Market Size, By Application, 2019-2026 (USD Billion)

8.4.7.3 Market Size, By Form, 2019-2026 (USD Billion)

8.4.7.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.4.8 Japan

8.4.8.1 Market Size, By Type, 2019-2026 (USD Billion)

8.4.8.2 Market Size, By Application, 2019-2026 (USD Billion)

8.4.8.3 Market Size, By Form, 2019-2026 (USD Billion)

8.4.8.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.4.9 Australia

8.4.9.1 Market Size, By Type, 2019-2026 (USD Billion)

8.4.9.2 Market size, By Application, 2019-2026 (USD Billion)

8.4.9.3 Market Size, By Form, 2019-2026 (USD Billion)

8.4.9.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.4.10 South Korea

8.4.10.1 Market Size, By Type, 2019-2026 (USD Billion)

8.4.10.2 Market Size, By Application, 2019-2026 (USD Billion)

8.4.10.3 Market Size, By Form, 2019-2026 (USD Billion)

8.4.10.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.5 Latin America

8.5.1 Market Size, By Country 2019-2026 (USD Billion)

8.5.2 Market Size, By Type, 2019-2026 (USD Billion)

8.5.3 Market Size, By Application, 2019-2026 (USD Billion)

8.5.4 Market Size, By Form, 2019-2026 (USD Billion)

8.5.5 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.5.6 Brazil

8.5.6.1 Market Size, By Type, 2019-2026 (USD Billion)

8.5.6.2 Market Size, By Application, 2019-2026 (USD Billion)

8.5.6.3 Market Size, By Form, 2019-2026 (USD Billion)

8.5.6.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.5.7 Mexico

8.5.7.1 Market Size, By Type, 2019-2026 (USD Billion)

8.5.7.2 Market Size, By Application, 2019-2026 (USD Billion)

8.5.7.3 Market Size, By Form, 2019-2026 (USD Billion)

8.5.7.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.5.8 Argentina

8.5.8.1 Market Size, By Type, 2019-2026 (USD Billion)

8.5.8.2 Market Size, By Application, 2019-2026 (USD Billion)

8.5.8.3 Market Size, By Form, 2019-2026 (USD Billion)

8.5.8.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.6 MEA

8.6.1 Market Size, By Country 2019-2026 (USD Billion)

8.6.2 Market Size, By Type, 2019-2026 (USD Billion)

8.6.3 Market Size, By Application, 2019-2026 (USD Billion)

8.6.4 Market Size, By Form, 2019-2026 (USD Billion)

8.6.5 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.6.6 Saudi Arabia

8.6.6.1 Market Size, By Type, 2019-2026 (USD Billion)

8.6.6.2 Market Size, By Application, 2019-2026 (USD Billion)

8.6.6.3 Market Size, By Form, 2019-2026 (USD Billion)

8.6.6.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.6.7 UAE

8.6.7.1 Market Size, By Type, 2019-2026 (USD Billion)

8.6.7.2 Market Size, By Application, 2019-2026 (USD Billion)

8.6.7.3 Market Size, By Form, 2019-2026 (USD Billion)

8.6.7.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

8.6.8 South Africa

8.6.8.1 Market Size, By Type, 2019-2026 (USD Billion)

8.6.8.2 Market Size, By Application, 2019-2026 (USD Billion)

8.6.8.3 Market Size, By Form, 2019-2026 (USD Billion)

8.6.8.4 Market Size, By Equipment Type, 2019-2026 (USD Billion)

Chapter 9 Company Landscape

9.1 Competitive Analysis, 2020

9.2 Grupo International Michel

9.2.1 Company Overview

9.2.2 Financial Analysis

9.2.3 Strategic Positioning

9.2.4 Info-Graphic Analysis

9.3 Limagrain Céréales Ingrédients

9.3.1 Company Overview

9.3.2 Financial Analysis

9.3.3 Strategic Positioning

9.3.4 Info-Graphic Analysis

9.4 J. R. Short Milling

9.4.1 Company Overview

9.4.2 Financial Analysis

9.4.3 Strategic Positioning

9.4.4 Info-Graphic Analysis

9.5 Mafin

9.5.1 Company Overview

9.5.2 Financial Analysis

9.5.3 Strategic Positioning

9.5.4 Info-Graphic Analysis

9.6 Leng-D’or

9.6.1 Company Overview

9.6.2 Financial Analysis

9.6.3 Strategic Positioning

9.6.4 Info-Graphic Analysis

9.7 Liven S.A.

9.7.1 Company Overview

9.7.2 Financial Analysis

9.7.3 Strategic Positioning

9.7.4 Info-Graphic Analysis

9.8 Pasta Foods

9.8.1 Company Overview

9.8.2 Financial Analysis

9.8.3 Strategic Positioning

9.8.4 Info-Graphic Analysis

9.9 Noble Agro Food

9.9.1 Company Overview

9.9.2 Financial Analysis

9.9.3 Strategic Positioning

9.9.4 Info-Graphic Analysis

9.10 LE Caselle

9.10.1 Company Overview

9.10.2 Financial Analysis

9.10.3 Strategic Positioning

9.10.4 Info-Graphic Analysis

9.11 Van Marcke Foods

9.11.1 Company Overview

9.11.2 Financial Analysis

9.11.3 Strategic Positioning

9.11.4 Info-Graphic Analysis

9.12 Other Companies

9.12.1 Company Overview

9.12.2 Financial Analysis

9.12.3 Strategic Positioning

9.12.4 Info-Graphic Analysis

The Global Snack Pellets Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Snack Pellets Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

What is the projected market size of the global snack pellets market?

The global snack pellets market size is projected to grow from USD 2.5 billion in 2021 to USD 4.4 billion by 2026, at a CAGR of 6.2% during the forecast period.

Who are the major vendors in the snack pellets market?

Key and innovative vendors in the snack pellets market include Grupo International Michel, J.R. Short Milling Company, Limagrain Cereal Ingredients, Balance Foods Inc, Liven S.A., Mafin, Noble Agro Foods, LE Caselle, Intersnack Group Gmbh & Co, Pasta Foods Ltd., Quality pallet, Leng-Dor S.A. and Dalmaza Food Industries Co.

Which region has the highest market share in the snack pellets market?

Europe is estimated to hold the highest market share in the snack pellets market.

What is the Covid-19 impact on future snack pellets manufacturers?

Globally, Covid-19 impact on the future snack pellets market will be quite significant for the manufacturers. Europe would be leading because of the rising retail landscape development in developing countries and growing advancements in food extrusion processes. Subsequently, the Asia Pacific market will be growing the fastest because of the rising health consciousness among individuals in this region.

What are the major drivers in the snack pellets market?

The major driving factors for the snack pellets market include the increasing demand for convenient and prepared food sources; growing government activities and investments to extend the processed food sectors; rising demand for improved taste, fixings, and flavor; flourishing retail sector in developing nations; rising advancements in food extrusion processes; emerging demand for quality food sources.