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COVID-19
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Snack Pellet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global snack pellet market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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.

 

 
 

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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, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, form, process and distribution channel.

Breakup by Type:

 

 
 

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  • 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:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Type, Form, Process, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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?

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
    10.2    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
    10.3    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
    10.4    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
    10.5    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

List of Figures

Figure 1: Global: Snack Pellet Market: Major Drivers and Challenges
Figure 2: Global: Snack Pellet Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Snack Pellet Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Snack Pellet Market: Breakup by Type (in %), 2020
Figure 5: Global: Snack Pellet Market: Breakup by Form (in %), 2020
Figure 6: Global: Snack Pellet Market: Breakup by Process (in %), 2020
Figure 7: Global: Snack Pellet Market: Breakup by Distribution Channel (in %), 2020
Figure 8: Global: Snack Pellet Market: Breakup by Region (in %), 2020
Figure 9: Global: Snack Pellet (Potato) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Snack Pellet (Potato) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Snack Pellet (Corn) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Snack Pellet (Corn) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Snack Pellet (Rice) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Snack Pellet (Rice) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Snack Pellet (Tapioca) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Snack Pellet (Tapioca) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Snack Pellet (Multi-Grain) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Snack Pellet (Multi-Grain) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Snack Pellet (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Snack Pellet (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Snack Pellet (Laminated) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Snack Pellet (Laminated) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Snack Pellet (Tridimensional) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Snack Pellet (Tridimensional) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Snack Pellet (Die-Face) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Snack Pellet (Die-Face) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Snack Pellet (Gelatinized) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Snack Pellet (Gelatinized) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Snack Pellet (Frying) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Snack Pellet (Frying) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Snack Pellet (Hot Air Baking) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Snack Pellet (Hot Air Baking) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Snack Pellet (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Snack Pellet (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Snack Pellet (Convenience Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Snack Pellet (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Snack Pellet (Food Specialty Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Snack Pellet (Food Specialty Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Snack Pellet (Online Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Global: Snack Pellet (Online Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Global: Snack Pellet (Other Distribution Channels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Global: Snack Pellet (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: North America: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: North America: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: United States: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: United States: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Canada: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Canada: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Asia-Pacific: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Asia-Pacific: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: China: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: China: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Japan: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Japan: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: India: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: India: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: South Korea: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: South Korea: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Australia: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Australia: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Indonesia: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Indonesia: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Others: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Others: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Europe: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Europe: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Germany: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Germany: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: France: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: France: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: United Kingdom: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: United Kingdom: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Italy: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Italy: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Spain: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Spain: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Russia: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Russia: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Others: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Others: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Latin America: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Latin America: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Brazil: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Brazil: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: Mexico: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: Mexico: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Others: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 88: Others: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: Middle East and Africa: Snack Pellet Market: Sales Value (in Million US$), 2015 & 2020
Figure 90: Middle East and Africa: Snack Pellet Market: Breakup by Country (in %), 2020
Figure 91: Middle East and Africa: Snack Pellet Market Forecast: Sales Value (in Million US$), 2021-2026
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, 2020 and 2026
Table 2: Global: Snack Pellet Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Snack Pellet Market Forecast: Breakup by Form (in Million US$), 2021-2026
Table 4: Global: Snack Pellet Market Forecast: Breakup by Process (in Million US$), 2021-2026
Table 5: Global: Snack Pellet Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 6: Global: Snack Pellet Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Snack Pellet Market: Competitive Structure
Table 8: Global: Snack Pellet Market: Key Players

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