[Research Report] The snack pellets market size is projected to grow from US$ 7,228.70 million in 2022 to US$ 9,935.20 million by 2030; the market is expected to register a CAGR of 4.1% from 2022 to 2030.
Market Insights and Analyst View:
Snack pellets are non-expanded products made from raw materials including potato, corn, rice, tapioca, multigrain, and others. These pellets are produced dried and semi-processed for easy storage and shipment. These semi-processed products are sold to snack manufacturers, where they are further processed by various methods such as frying and hot air baking. The demand for snack pellets is attributed to rising demand for convenience food products and increasing adoption of advanced technologies in snack pellet manufacturing. Thud, increasing demand for snack pellets expected to drive the snack pellets market growth.
Growth Drivers and Challenges:
Ready-to-eat (RTE) snacks are also witnessing massive demand, especially among working professionals, due to the rising snacking trend in corporations. Small coffee and snack breaks to relieve work stress drive the demand for RTE snacks. Light snacks such as popcorn, chips, and puffs are popular among the younger population and children. Thus, the rising popularity of RTE snacks among consumers and growing innovations drive the global snack pellets market. Moreover, extrusion technology, a crucial process in snack pellet production, has evolved, enabling manufacturers to create diverse snack products with improved quality, texture, and taste. These technological advancements have increased production efficiency and facilitated the creation of innovative and appealing snack options, catering to the changing preferences of consumers. Thus, introducing twin-screw extruders, integrating 3D printing, and adopting intelligent controls and automation boost the production of a diverse range of snack pellets, fueling the global snack pellets market growth. However, fluctuations in the prices of key raw materials, such as grains and pulses, can directly impact the cost structure of snack pellet manufacturers. Since snack pellets rely heavily on these raw materials, any substantial cost increase can lead to escalated production expenses. Thus, the increased cost of production hinders the global snack pellets market growth.
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Snack Pellets Market: Strategic Insights
Market Size Value in US$ 7,228.70 million in 2022 Market Size Value by US$ 9,935.20 million by 2030 Growth rate CAGR of 4.1% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Snack Pellets Market: Strategic Insights
| Market Size Value in | US$ 7,228.70 million in 2022 |
| Market Size Value by | US$ 9,935.20 million by 2030 |
| Growth rate | CAGR of 4.1% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Report Segmentation and Scope:
The “Global Snack Pellets Market” is segmented on the basis of source, type, form, and geography. Based on source, the snack pellets market is segmented into potato, corn, rice, tapioca, multigrain, and others. Based on type, the market is bifurcated into flavored and plain. In terms of form, the snack pellets market is segmented into laminated, die face, tri dimensional, and others. The market based on geography is segmented into North America (thee US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
Segmental Analysis:
Based on source, the snack pellets market is segmented into potato, corn, rice, tapioca, multigrain, and others. The potato segment holds a significant share of the market. The demand for potato snack pellets is upsurging among snack manufacturers due to their widespread appeal, comfort food status, and consistent consumer demand for potato-based snacks. These pellets can be fried or baked to create a crispy and tasty snack. Manufacturers demand potato snack pellets as consumers prefer potato snacks due to their familiar taste, texture, and versatility in flavoring. These factors are expected to boost the segment’s share.
Regional Analysis:
Based on geography, the snack pellets market is divided into five key regions: North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa. The global snack pellets market was dominated by Asia Pacific; the market in this region was valued at US$ 3472 million in 2022. North America is the second major contributor to the market, which holds almost 25% of the global market. South & Central America is expected to register a CAGR of 5.1% in the snack pellets market during the forecast period. The snack pellets market growth in the region is attributed to the rising demand for convenience food, increasing adoption of advanced technologies in snack pellet manufacturing, and rising development in the food processing industry in economies such as China, India, and Indonesia. Increasing hectic lifestyles, extended work hours, and a rising number of dual-income households have contributed to the growth of packaged food such as chips and popcorn. These factors are expected to boost the demand for snack pellets in Asia Pacific.
Moreover, Europe is one of the most significant regions for the snack pellets market. In Europe, potato-based snack pellets are widely preferred by consumers. Additionally, corn-based snack pellets are expected to gain popularity due to the introduction of new recipes focused on corn-based ingredients. The growing consumption of convenience food and the introduction of new flavored snacks are the major factors expected to boost the demand for snack pellets in the region.
Industry Developments and Future Opportunities:
Various initiatives taken by key players operating in the snack pellets market are listed below:
- In September 2022, Pringles, a snack brand of Kellogg Company, launched multigrain and sweet potato crisps with non-HFSF (non-high in fat, sugar, and salt) claims. These crisps are made of wheat, barley, black beans, and sweet potato, which are great sources of fiber, protein, and good carbs and are available in innovative flavors such as Sea Salt, Smoky BBQ, Homestyle Ranch, and Farmhouse Cheddar.
- In June 2022, GEA Group developed a new snack format called “Cinderella’s Slippers," a snack pellet shaped like a slipper. The new format is developed to meet the challenge of dipping the snacks in the sauce without getting the fingers coated.
- In 2022, LENG-D'OR SAU, a Spain-based snack pellet manufacturer, announced its capacity expansion in Spain and the US to reach more than US$ 338.95 million per year.
COVID-19 Impact:
The COVID-19 pandemic affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the food & beverage industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies witnessed delays in product deliveries and a slump in sales of their products in 2020 which is negatively impacted the snack pellets market.
During the COVID-19 pandemic, operations and processes were halted across the globe due to the shortage of workforce and limited supply of raw materials. However, in the wake of pandemic, the demand for healthy snacking options increased significantly as consumers focused on their health and overall wellness. Therefore, manufacturers focused on launching new products with various nutritional claims such as organic, gluten-free, high-protein, soy-free, genetically modified organisms (GMO)-free, and allergen-free. Rising this trend in pandemic positively influence the snack pellets market.
In 2021, various economies resumed operations as several governments announced relaxation in the previously imposed restrictions, which positively impacted the global marketplace. Moreover, manufacturers were permitted to operate at full capacity, which helped them overcome the demand and supply gap.
Snack Pellets Market Report Scope
Competitive Landscape and Key Companies:
A few of the prominent players operating in the global snack pellets market are Bach Snacks SAL, Snack Creations Ltd, Balance Foods Inc, LENG-D'OR SAU, Quality Pellets AS, J.R. Short Milling Co, Le Caselle SpA, Mafin SRL, Noble Agro Food Products Pvt Ltd, and Societe Cooperative Agricole Limagrain. These market players adopt strategic development initiatives to expand, further driving the snack pellets market growth.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Source, Type, Form, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The major players operating in the global snack pellets market are Bach Snacks SAL, Snack Creations Ltd, Balance Foods Inc, LENG-D'OR SAU, Quality Pellets AS, J.R. Short Milling Co, Le Caselle SpA, Mafin SRL, Noble Agro Food Products Pvt Ltd, and Societe Cooperative Agricole Limagrain among few others.
The rising demand for clean-label, ethical, and sustainable snacking products is expected to open potential opportunities in the global snack pellets market.
Based on the type, the plain segment accounted for the largest revenue share as their compatibility with traditional regional spices and seasonings. Snack manufacturers can customize the flavorings to suit their preferences, ranging from spicy, savory, and tangy to sweet, making plain snack pellets a versatile and appealing choice.
Increased demand for convenient and tasty snacks among the young generation has driven snack pellet manufacturing in the South & Central America. In addition, rapid urbanization and the availability of raw materials in the region have contributed to the growth of the snack pellets market.
Rising popularity of RTE snacks among population increasing adoption of advanced technologies in snack pellet manufacturing are some of the key driving factors for the snack pellets market.
Based on form, Tri-dimensional is the fastest-growing segment in the snack pellets market. The demand for tri-dimensional snack pellets is upsurging as snack manufacturers recognize the positive impact of unique shapes on consumer engagement.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Snack Pellets Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.1 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 List of Vendors
5. Snack Pellets Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Popularity of RTE Snacks Among Population
5.1.1 Increasing Adoption of Advanced Technologies in Snack Pellet Manufacturing
5.2 Market Restraints
5.2.1 Growing Production Cost
5.3 Market Opportunities
5.3.1 Rising Demand for Clean-Label, Sustainable, and Ethical Products
5.4 Future Trends
5.4.1 Rising Trend of Healthy Snacking
5.5 Impact of Drivers and Restraints:
6. Snack Pellets Market - Global Market Analysis
6.1 Snack Pellets Market Revenue (US$ Million), 2020 – 2030
6.2 Snack Pellets Market Forecast and Analysis
7. Snack Pellets Market Analysis - Source
7.1 Potato
7.1.1 Overview
7.1.2 Potato Market Revenue and Forecast to 2030 (US$ Million)
7.2 Corn
7.2.1 Overview
7.2.2 Corn Market Revenue and Forecast to 2030 (US$ Million)
7.3 Rice
7.3.1 Overview
7.3.2 Rice Market Revenue and Forecast to 2030 (US$ Million)
7.4 Tapioca
7.4.1 Overview
7.4.2 Tapioca Market Revenue and Forecast to 2030 (US$ Million)
7.5 Multigrain
7.5.1 Overview
7.5.2 Multigrain Market Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Snack Pellets Market Analysis – Type
8.1 Plain
8.1.1 Overview
8.1.2 Plain Market Revenue and Forecast to 2030 (US$ Million)
8.2 Flavored
8.2.1 Overview
8.2.2 Flavored Market Revenue and Forecast to 2030 (US$ Million)
9. Snack Pellets Market Analysis - Form
9.1 Laminated
9.1.1 Overview
9.1.2 Laminated Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Die Face
9.2.1 Overview
9.2.2 Die Face Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Tri Dimensional
9.3.1 Overview
9.3.2 Tri Dimensional Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. Snack Pellets Market - Geographical Analysis
10.1 North America
10.1.1 North America Snack Pellets Market Overview
10.1.2 North America Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3 North America Snack Pellets Market Breakdown by Source
10.1.3.1 North America Snack Pellets Market Revenue and Forecasts and Analysis - By Source
10.1.4 North America Snack Pellets Market Breakdown by Type
10.1.4.1 North America Snack Pellets Market Revenue and Forecasts and Analysis - By Type
10.1.5 North America Snack Pellets Market Breakdown by Form
10.1.5.1 North America Snack Pellets Market Revenue and Forecasts and Analysis - By Form
10.1.6 North America Snack Pellets Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 Snack pellets market Breakdown by Country
10.1.6.2 US Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.2.1 US Snack Pellets Market Breakdown by Source
10.1.6.2.2 US Snack Pellets Market Breakdown by Type
10.1.6.2.3 US Snack Pellets Market Breakdown by Form
10.1.6.3 Canada Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.3.1 Canada Snack Pellets Market Breakdown by Source
10.1.6.3.2 Canada Snack Pellets Market Breakdown by Type
10.1.6.3.3 Canada Snack Pellets Market Breakdown by Form
10.1.6.4 Mexico Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.4.1 Mexico Snack Pellets Market Breakdown by Source
10.1.6.4.2 Mexico Snack Pellets Market Breakdown by Type
10.1.6.4.3 Mexico Snack Pellets Market Breakdown by Form
10.2 Europe
10.2.1 Europe Snack Pellets Market Overview
10.2.2 Europe Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.3 Europe Snack Pellets Market Breakdown by Source
10.2.3.1 Europe Snack Pellets Market Revenue and Forecasts and Analysis - By Source
10.2.4 Europe Snack Pellets Market Breakdown by Type
10.2.4.1 Europe Snack Pellets Market Revenue and Forecasts and Analysis - By Type
10.2.5 Europe Snack Pellets Market Breakdown by Form
10.2.5.1 Europe Snack Pellets Market Revenue and Forecasts and Analysis - By Form
10.2.6 Europe Snack Pellets Market Revenue and Forecasts and Analysis - By Countries
10.2.6.1 Snack pellets market Breakdown by Country
10.2.6.2 Germany Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.2.1 Germany Snack Pellets Market Breakdown by Source
10.2.6.2.2 Germany Snack Pellets Market Breakdown by Type
10.2.6.2.3 Germany Snack Pellets Market Breakdown by Form
10.2.6.3 France Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.3.1 France Snack Pellets Market Breakdown by Source
10.2.6.3.2 France Snack Pellets Market Breakdown by Type
10.2.6.3.3 France Snack Pellets Market Breakdown by Form
10.2.6.4 Italy Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.4.1 Italy Snack Pellets Market Breakdown by Source
10.2.6.4.2 Italy Snack Pellets Market Breakdown by Type
10.2.6.4.3 Italy Snack Pellets Market Breakdown by Form
10.2.6.5 UK Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.5.1 UK Snack Pellets Market Breakdown by Source
10.2.6.5.2 UK Snack Pellets Market Breakdown by Type
10.2.6.5.3 UK Snack Pellets Market Breakdown by Form
10.2.6.6 Russia Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.6.1 Russia Snack Pellets Market Breakdown by Source
10.2.6.6.2 Russia Snack Pellets Market Breakdown by Type
10.2.6.6.3 Russia Snack Pellets Market Breakdown by Form
10.2.6.7 Rest of Europe Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.7.1 Rest of Europe Snack Pellets Market Breakdown by Source
10.2.6.7.2 Rest of Europe Snack Pellets Market Breakdown by Type
10.2.6.7.3 Rest of Europe Snack Pellets Market Breakdown by Form
10.3 Asia Pacific Snack Pellets Market
10.3.1 Overview
10.3.2 Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.3.3 Asia Pacific Snack Pellets Market Breakdown by Source
10.3.3.1 Asia Pacific Snack Pellets Market Revenue and Forecasts and Analysis - By Source
10.3.4 Asia Pacific Snack Pellets Market Breakdown by Type
10.3.4.1 Asia Pacific Snack Pellets Market Revenue and Forecasts and Analysis - By Type
10.3.5 Asia Pacific Snack Pellets Market Breakdown by Form
10.3.5.1 Asia Pacific Snack Pellets Market Revenue and Forecasts and Analysis - By Form
10.3.6 Asia Pacific Snack Pellets Market Breakdown by Country
10.3.6.1 Snack pellets market Breakdown by Country
10.3.6.2 Australia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.2.1 Australia Snack Pellets Market Breakdown by Source
10.3.6.2.2 Australia Snack Pellets Market Breakdown by Type
10.3.6.2.3 Australia Snack Pellets Market Breakdown by Form
10.3.6.3 China Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.3.1 China Snack Pellets Market Breakdown by Source
10.3.6.3.2 China Snack Pellets Market Breakdown by Type
10.3.6.3.3 China Snack Pellets Market Breakdown by Form
10.3.6.4 India Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.4.1 India Snack Pellets Market Breakdown by Source
10.3.6.4.2 India Snack Pellets Market Breakdown by Type
10.3.6.4.3 India Snack Pellets Market Breakdown by Form
10.3.6.5 Japan Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.5.1 Japan Snack Pellets Market Breakdown by Source
10.3.6.5.2 Japan Snack Pellets Market Breakdown by Type
10.3.6.5.3 Japan Snack Pellets Market Breakdown by Form
10.3.6.6 South Korea Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.6.1 South Korea Snack Pellets Market Breakdown by Source
10.3.6.6.2 South Korea Snack Pellets Market Breakdown by Type
10.3.6.6.3 South Korea Snack Pellets Market Breakdown by Form
10.3.6.7 Rest of Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.7.1 Rest of Asia Pacific Snack Pellets Market Breakdown by Source
10.3.6.7.2 Rest of Asia Pacific Snack Pellets Market Breakdown by Type
10.3.6.7.3 Rest of Asia Pacific Snack Pellets Market Breakdown by Form
10.4 Middle East & Africa
10.4.1 Middle East & Africa Snack Pellets Market Overview
10.4.2 Middle East & Africa Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.4.3 Middle East & Africa Snack Pellets Market Breakdown by Source
10.4.3.1 Middle East & Africa Snack Pellets Market and Forecasts and Analysis - By Source
10.4.4 Middle East & Africa Snack Pellets Market Breakdown by Type
10.4.4.1 Middle East & Africa Snack Pellets Market and Forecasts and Analysis - By Type
10.4.5 Middle East & Africa Snack Pellets Market Breakdown by Form
10.4.5.1 Middle East & Africa Snack Pellets Market and Forecasts and Analysis - By Form
10.4.6 Middle East & Africa Snack Pellets Market Revenue and Forecasts and Analysis - By Countries
10.4.6.1 Snack Pellets Market Breakdown by Country
10.4.6.2 South Africa Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.4.6.2.1 South Africa Snack Pellets Market Breakdown by Source
10.4.6.2.2 South Africa Snack Pellets Market Breakdown by Type
10.4.6.2.3 South Africa Snack Pellets Market Breakdown by Form
10.4.6.3 Saudi Arabia Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.4.6.3.1 Saudi Arabia Snack Pellets Market Breakdown by Source
10.4.6.3.2 Saudi Arabia Snack Pellets Market Breakdown by Type
10.4.6.3.3 Saudi Arabia Snack Pellets Market Breakdown by Form
10.4.6.4 UAE Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.4.6.4.1 UAE Snack Pellets Market Breakdown by Source
10.4.6.4.2 UAE Snack Pellets Market Breakdown by Type
10.4.6.4.3 UAE Snack Pellets Market Breakdown by Form
10.4.6.5 Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.4.6.5.1 Rest of Middle East & Africa Snack Pellets Market Breakdown by Source
10.4.6.5.2 Rest of Middle East & Africa Snack Pellets Market Breakdown by Type
10.4.6.5.3 Rest of Middle East & Africa Snack Pellets Market Breakdown by Form
10.5 South & Central America
10.5.1 South & Central America Snack Pellets Market Overview
10.5.2 South & Central America Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.5.3 South & Central America Snack Pellets Market Breakdown by Source
10.5.3.1 South & Central America Snack Pellets Market and Forecasts and Analysis - By Source
10.5.4 South & Central America Snack Pellets Market Breakdown by Type
10.5.4.1 South & Central America Snack Pellets Market Revenue and Forecasts and Analysis - By Type
10.5.5 South & Central America Snack Pellets Market Breakdown by Form
10.5.5.1 South & Central America Snack Pellets Market Revenue and Forecasts and Analysis - By Form
10.5.6 South & Central America Snack Pellets Market Revenue and Forecasts and Analysis - By Countries
10.5.6.1 Snack Pellets Market Breakdown by Country
10.5.6.2 Brazil Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.5.6.2.1 Brazil Snack Pellets Market Breakdown by Source
10.5.6.2.2 Brazil Snack Pellets Market Breakdown by Type
10.5.6.2.3 Brazil Snack Pellets Market Breakdown by Form
10.5.6.3 Argentina Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.5.6.3.1 Argentina Snack Pellets Market Breakdown by Source
10.5.6.3.2 Argentina Snack Pellets Market Breakdown by Type
10.5.6.3.3 Argentina Snack Pellets Market Breakdown by Form
10.5.6.4 Rest of South & Central America Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.5.6.4.1 Rest of South & Central America Snack Pellets Market Breakdown by Source
10.5.6.4.2 Rest of South & Central America Snack Pellets Market Breakdown by Type
10.5.6.4.3 Rest of South & Central America Snack Pellets Market Breakdown by Form
11. Snack Pellets Market – Impact of COVID-19 Pandemic
11.1 Pre & Post COVID-19 Impact
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Company Profiles
13.1 Bach Snacks SAL
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Snack Creations Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Balance Foods Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 LENG-D'OR SAU
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Quality Pellets AS
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 JR Short Milling Co
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Le Caselle SpA
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Mafin SRL
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Noble Agro Food Products Pvt Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Societe Cooperative Agricole Limagrain
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
List of Tables
Table 1. Snack Pellets Market Segmentation
Table 2. List of Raw Material Suppliers in Value Chain:
Table 3. List of Manufacturers in Value Chain:
Table 4. List of Potential Buyers
Table 5. Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Table 6. Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 7. Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 8. Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 9. North America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 10. North America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. North America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 12. US Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 13. US Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. US Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 15. Canada Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 16. Canada Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 17. Canada Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 18. Mexico Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 19. Mexico Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 20. Mexico Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 21. Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 22. Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 23. Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 24. Germany Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 25. Germany Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 26. Germany Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 27. France Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 28. France Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 29. France Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 30. Italy Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 31. Italy Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 32. Italy Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 33. UK Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 34. UK Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 35. UK Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 36. Russia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 37. Russia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 38. Russia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 39. Rest of Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 40. Rest of Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 41. Rest of Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 42. Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 43. Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 44. Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 45. Australia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 46. Australia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 47. Australia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 48. China Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 49. China Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 50. China Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 51. India Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 52. India Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 53. India Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 54. Japan Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 55. Japan Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 56. Japan Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 57. South Korea Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 58. South Korea Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 59. South Korea Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 60. Rest of Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 61. Rest of Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 62. Rest of Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 63. Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 64. Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 65. Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 66. South Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 67. South Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 68. South Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 69. Saudi Arabia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 70. Saudi Arabia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 71. Saudi Arabia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 72. UAE Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 73. UAE Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 74. UAE Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 75. Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 76. Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 77. Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 78. South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 79. South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 80. South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 81. Brazil Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 82. Brazil Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 83. Brazil Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 84. Argentina Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 85. Argentina Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 86. Argentina Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 87. Rest of South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 88. Rest of South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 89. Rest of South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 90. Heat Map Analysis By Key Players
List of Figures
Figure 1. Snack Pellets Market Segmentation, By Geography
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: Snack Pellets Market
Figure 4. Snack Pellets Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Snack Pellets Market Revenue (US$ Million), 2020 – 2030
Figure 7. Snack Pellets Market Share (%) – Source, 2022 and 2030
Figure 8. Potato Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Corn Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Rice Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Tapioca Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Multigrain Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Snack Pellets Market Share (%) – Type, 2022 and 2030
Figure 15. Plain Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Flavored Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Snack Pellets Market Share (%) – Form, 2022 and 2030
Figure 18. Laminated Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Die Face Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Tri Dimensional Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Snack Pellets Market Breakdown by Geography, 2022 and 2030 (%)
Figure 23. Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Snack Pellets Market Breakdown by Source (2022 and 2030)
Figure 25. Snack Pellets Market Breakdown by Type (2022 and 2030)
Figure 26. Snack Pellets Market Breakdown by Form (2022 and 2030)
Figure 27. Snack pellets market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 28. US Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Canada Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Mexico Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 32. Europe Snack Pellets Market Breakdown by Source (2022 and 2030)
Figure 33. Europe Snack Pellets Market Breakdown by Type (2022 and 2030)
Figure 34. Europe Snack Pellets Market Breakdown by Form (2022 and 2030)
Figure 35. Europe Snack pellets market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 36. Germany Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. France Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. Italy Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 39. UK Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 40. Russia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 41. Rest of Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 42. Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 43. Asia Pacific Snack Pellets Market Breakdown by Source (2022 and 2023)
Figure 44. Asia Pacific Snack Pellets Market Breakdown by Type (2022 and 2023)
Figure 45. Asia Pacific Snack Pellets Market Breakdown by Form (2022 and 2023)
Figure 46. Asia Pacific Snack Pellets Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 47. Australia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 48. China Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 49. India Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 50. Japan Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 51. South Korea Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 52. Rest of Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 53. Middle East and Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 54. Middle East & Africa Snack Pellets Market Breakdown by Source (2022 and 2023)
Figure 55. Middle East & Africa Snack Pellets Market Breakdown by Type (2022 and 2023)
Figure 56. Middle East & Africa Snack Pellets Market Breakdown by Form (2022 and 2023)
Figure 57. Middle East and Africa Snack Pellets Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 58. South Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 59. Saudi Arabia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 60. UAE Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 61. Rest of Middle East & Africa Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 62. South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 63. South & Central America Snack Pellets Market Breakdown by Source (2022 and 2023)
Figure 64. South & Central America Snack Pellets Market Breakdown by Type (2022 and 2023)
Figure 65. South & Central America Snack Pellets Market Breakdown by Form (2022 and 2023)
Figure 66. South & Central Snack Pellets Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 67. Brazil Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 68. Argentina Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 69. Rest of South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 70. Pre & Post COVID-19 Impact: Snack Pellets Market
Figure 71. Company Positioning & Concentration
The List of Companies - Snack Pellets Market
- Bach Snacks SAL
- Snack Creations Ltd
- Balance Foods Inc
- LENG-D'OR SAU
- Quality Pellets AS
- J.R. Short Milling Co
- Le Caselle SpA
- Mafin SRL
- Noble Agro Food Products Pvt Ltd
- Societe Cooperative Agricole Limagrain
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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