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PUBLISHER: IMARC | PRODUCT CODE: 1561520
PUBLISHER: IMARC | PRODUCT CODE: 1561520
Snack Pellet Market Report by Type, Form, Process, Distribution Channel, and Region 2024-2032
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PAGES: 138 Pages
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The global snack pellet market size reached US$ 2.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032.
Snack pellets are semi-finished non-expanded food products, such as chips and puffs. They are commonly used in savory food products and are manufactured using cereals, vegetable powders, potatoes and grains, including wheat, rice, corn and tapioca. They are traditionally produced by mixing the raw materials to a dry dough state, extruding the dough through a die, drying the pieces to form hard pellets and mixed with seasonings before final packaging. The pellets are further fried, roasted, air-popped or baked and mixed with flavor enhancers to produce finished and expanded ready-to-eat (RTE) snacks. Snack pellets are available in a wide variety of colors, flavors and textures and in the form of laminated, tridimensional, die-face and gelatinized cuts, slices and 3D shapes. They have a long shelf life, high stability and bulk density and can be conveniently stored and transported.
Snack Pellet Market Trends:
Significant growth in the food and beverage industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing demand for ready-to-eat (RTE) food products due to changing lifestyles and hectic schedules is providing a thrust to the market growth. Product manufacturers are widely using gelatinized snack pellets, which can be produced in uniform thickness and consistency using specialized high-speed rotary cutting machines. Additionally, various product innovations, such as the development of nutrient-rich multigrain snack pellets, are acting as other growth-inducing factors. In comparison to the wheat- and corn-based pellets, these variants have a low-fat content and are rich in fiber and various micro and micronutrients. With the rising health consciousness among the masses, there is also an increasing demand for RTE snacks manufactured using natural and organically sourced ingredients. Other factors, including the development of snack pellets in attractive 3D shapes, along with the increasing product demand from the restaurants, hotels, quick serving restaurants (QSRs) and cafes, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global snack pellet market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, form, process and distribution channel.
Breakup by Type:
- Potato
- Corn
- Rice
- Tapioca
- Multi-Grain
- Others
Breakup by Form:
- Laminated
- Tridimensional
- Die-Face
- Gelatinized
Breakup by Process:
- Frying
- Hot Air Baking
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Food Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akkel Group, Bach Snacks s.a.l., Balance Foods Inc., Bunge Limited, Chhajed Foods Pvt. Ltd., Grupo Industrial Michel, J.R. Short Milling Company, Limagrain, Liven S.A., Mafin srl, Noble Agro Food Products Private Limited and Quality Pellets A/S.
Key Questions Answered in This Report:
- How has the global snack pellet market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global snack pellet market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the process?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global snack pellet market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112024A4409
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Snack Pellet Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Potato
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Corn
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Rice
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Tapioca
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Multi-Grain
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Form
- 7.1 Laminated
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Tridimensional
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Die-Face
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Gelatinized
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Process
- 8.1 Frying
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Hot Air Baking
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Distribution Channel
- 9.1 Supermarkets and Hypermarkets
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Convenience Stores
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Food Specialty Stores
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Online Stores
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Akkel Group
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Bach Snacks s.a.l.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 Balance Foods Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Bunge Limited
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Chhajed Foods Pvt. Ltd.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Grupo Industrial Michel
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 J.R. Short Milling Company
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Limagrain
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Liven S.A.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Mafin srl
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Noble Agro Food Products Private Limited
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Quality Pellets A/S
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.1 Akkel Group
Product Code: SR112024A4409
List of Figures
- Figure 1: Global: Snack Pellet Market: Major Drivers and Challenges
- Figure 2: Global: Snack Pellet Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Snack Pellet Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Snack Pellet Market: Breakup by Type (in %), 2023
- Figure 5: Global: Snack Pellet Market: Breakup by Form (in %), 2023
- Figure 6: Global: Snack Pellet Market: Breakup by Process (in %), 2023
- Figure 7: Global: Snack Pellet Market: Breakup by Distribution Channel (in %), 2023
- Figure 8: Global: Snack Pellet Market: Breakup by Region (in %), 2023
- Figure 9: Global: Snack Pellet (Potato) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Snack Pellet (Potato) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Snack Pellet (Corn) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Snack Pellet (Corn) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Snack Pellet (Rice) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Snack Pellet (Rice) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Snack Pellet (Tapioca) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Snack Pellet (Tapioca) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Snack Pellet (Multi-Grain) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Snack Pellet (Multi-Grain) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Snack Pellet (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Snack Pellet (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Snack Pellet (Laminated) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Snack Pellet (Laminated) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Snack Pellet (Tridimensional) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Snack Pellet (Tridimensional) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Snack Pellet (Die-Face) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Snack Pellet (Die-Face) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Snack Pellet (Gelatinized) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Snack Pellet (Gelatinized) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Snack Pellet (Frying) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Snack Pellet (Frying) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Snack Pellet (Hot Air Baking) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Snack Pellet (Hot Air Baking) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Snack Pellet (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Snack Pellet (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Snack Pellet (Convenience Stores) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Snack Pellet (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Snack Pellet (Food Specialty Stores) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Snack Pellet (Food Specialty Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: Snack Pellet (Online Stores) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: Snack Pellet (Online Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Global: Snack Pellet (Other Distribution Channels) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Global: Snack Pellet (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: North America: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: North America: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: United States: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: United States: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Canada: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Canada: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Asia-Pacific: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Asia-Pacific: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: China: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: China: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Japan: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Japan: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: India: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: India: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: South Korea: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: South Korea: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Australia: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Australia: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Indonesia: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Indonesia: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Europe: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Europe: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Germany: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Germany: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: France: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: France: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: United Kingdom: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: United Kingdom: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Italy: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Italy: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Spain: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Spain: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Russia: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Russia: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Others: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Others: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Latin America: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Latin America: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Brazil: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Brazil: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Mexico: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Mexico: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Others: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Others: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 89: Middle East and Africa: Snack Pellet Market: Sales Value (in Million US$), 2018 & 2023
- Figure 90: Middle East and Africa: Snack Pellet Market: Breakup by Country (in %), 2023
- Figure 91: Middle East and Africa: Snack Pellet Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 92: Global: Snack Pellet Industry: SWOT Analysis
- Figure 93: Global: Snack Pellet Industry: Value Chain Analysis
- Figure 94: Global: Snack Pellet Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Snack Pellet Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Snack Pellet Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Snack Pellet Market Forecast: Breakup by Form (in Million US$), 2024-2032
- Table 4: Global: Snack Pellet Market Forecast: Breakup by Process (in Million US$), 2024-2032
- Table 5: Global: Snack Pellet Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
- Table 6: Global: Snack Pellet Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Snack Pellet Market: Competitive Structure
- Table 8: Global: Snack Pellet Market: Key Players
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