Global Snack Pellets (Potato, Corn, Rice, Tapioca, Mixed Grain and Others) Market - Trends and Forecasts to 2019

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Jul 17, 2014, 12:05 ET

DUBLIN, July 17, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Snack Pellets Market by Type & by Geography - Global Trends and Forecasts to 2019" report to their offering.

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Snack pellets, also known as half products or third-generation snack products (3G), are non-expanded and semi-finished products that are converted into finished snacks after expansion, either through exposure to hot air or by frying. Products in the snack pellets market are available in various forms, shapes, textures, and flavors. The various types of snack pellets that are usually utilized by the extruded snack manufacturers are tapioca, potato, mixed grains, and corn. Potato snack pellets are the most widely produced and consumed snack pellets, followed by corn snack pellets. Snack pellets are largely used in the savory snacks industry, which includes chips and puffs. According to the prerequisite of snacks manufacturers, various customized forms of snack pellets are also produced.

The snack pellets market has shown a positive growth trend over the last few years. Snack pellets have long shelf life, are convenient to use, and facilitate hassle-free processing. Growing numbers of dual-income families has increased the snacking trend, further driving the growth of the market. A large number of extruded snack companies have expanded their manufacturing facilities in the Asia-Pacific region; and this has driven the market growth for snack pellets.

The snack pellets market has been segmented on the basis of type and geography. On the basis of type, snack pellets are categorized into rice, corn, tapioca, potato, and mixed grains. The geographic segmentation of the market includes regions such as North America, Europe, Asia-Pacific, the Latin America, Africa, and Rest of the World (ROW).

The snack pellets market is projected to exceed $7 billion by 2019. The European region was the largest market for snack pellets in 2013 and is projected to be the fastest growing market for snack pellets, in terms of value. The leading players in this industry include Groupe Limagrain Holding S.A. (France) and Intersnack Knabbergebäck GmbH (Germany). The companies are adopting development strategies such as new product launches and expansions to increase their product portfolio and productivity.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Premium Insights

4 Industry Analysis

5 Market Overview

6 Market Analysis

7 Snack Pellets Market, By Type

8 Snack Pellets Market, By Geography

9 Competitive Landscape

10 Company Profiles

Companies Mentioned: