DUBLIN--(BUSINESS WIRE)--The "Snack Pellets Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.
The snack pellets market is projected to grow at a CAGR of 4.45% to reach US$8.432 billion in 2024 from US$6.493 billion in 2018.
Rising demand for prepared and convenience foods and expanding retail sector in the developing economies is expected to drive the market during the forecast period.
Innovation in the market by the industry players with the focus on introducing new varieties and ingredients also drives the growth of the market. Moreover, the easy availability of raw materials like potato starch, corn starch, wheat flour etc also widen ups the growth opportunities in the market and attracts new players to enter the industry.
European Union dominates the global snack pellets market with the largest share due to the presence of strong food processing industry and increasing demand prepared and convenience food by the consumers in the region.
The major players profiled in the Snack pellets market are Limagrain Cereales Ingredients SAS, Bunge, Balance Foods Inc., Akkel group, Pasta foods ltd, Leng-d'Or s.a, J.R. Short Milling Company, Liven S.A., and Noble Agro Food Products Private Limited.
- Expanding food retail industry
- Increasing demand for prepared and convenience foods
- Health concerns associated with higher consumption of processed snack pellets
Key Topics Covered
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. Snack Pellets Market By Product Type
6. Snack Pellets Market By Form
6.4. Die- Face
7. Snack Pellets Market By Distribution Channel
8. Snack Pellets Market By Geography
8.1. North America
8.2. South America
8.3.3. United Kingdom
8.4. Middle East & Africa
8.4.1. Saudi Arabia
8.5. Asia Pacific
8.5.3. South Korea
9. Competitive Intelligence
9.1. Competitive Benchmarking & Analysis
9.2. Recent Investments & Deals
9.3. Strategies of Key Players
10. Company Profiles
10.1. Limagrain Cereales Ingredients
10.3. Balance Foods Inc.
10.4. Akkel Group
10.5. Pasta Foods Ltd.
10.6. Leng-D'or S.A.
10.7. J.R. Short Milling Company
10.8. Liven S.A.
10.9. Noble Agro Food
For more information about this report visit https://www.researchandmarkets.com/r/y9aisf