DUBLIN--(BUSINESS WIRE)--The "Snack Pellets - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the Global Snack Pellets market accounted for $8.64 billion in 2017 and is expected to reach $17.27 billion by 2026 growing at a CAGR of 8.0% during the forecast period.
Some of the key factor propelling market growth is the transition in the lifestyle of consumers in terms of feeding habits. However, high content of acrylamide in processed foods and prices of the raw material may hinder the growth of the market. In addition, government initiatives and investments to expand the processed and extruded food act as the market growth opportunity.
Based on product, corn-based snack pellets segment are also expected to gain popularity due to the introduction of new recipes focused on corn-based ingredients. Corn is one of the most efficient plants when it comes to transforming sunlight and chemical fertilizer into carbohydrate energy (in the case of corn) and fat and protein (in the case of soy).
By geography, Asia Pacific region provides potential growth opportunities due to large-scale production, availability of labor and raw material and export of inexpensive snack pellets to the U.S and other developed markets.
Products Covered:
- Corn
- Multi-Grain
- Potato
- Rice
- Tapioca
- Vegetable
- Other Products
Types Covered:
- Hot Air Baking
- Frying
Flavours Covered:
- Flavoured
- Nutritional
- Plain
Forms Covered:
- Laminated Pellets
- Gelatinized Pellets
- Tridimensional Pellets
- Punched Pellets
- Die Face Pellets
- Other Forms
Techniques Covered:
- Twin Screw Extruders
- Single Screw
End-Users Covered:
- Household
- Commercial Use
Companies Profiled:
- Noble Agro Food Products Pvt. Ltd.
- J.R. Short Milling Company
- Grupo Industrial Michel
- Pasta Foods Ltd.
- Quality Pellets A/S
- Akkel Group
- Balance Foods Inc.
- Chhajed Foods Pvt. Ltd.
- Limagrain Cereales Ingredients
- Pellsnack Products
- Van Marcke Foods
- Liven S.A.
- Mafin
- Bach Snacks
- LE Caselle
For more information about this report visit https://www.researchandmarkets.com/research/zc92ds/snack_pellets?w=4
