The report, “Snack Pellets Market by Type (Potato, Corn, Tapioca, Rice, Mixed Grains, and Others) & Geography - Global Trend & Forecast to 2019” defines and segments the snack pellets market with analyses and projection of the market size, in terms of value and volume. It also identifies the driving and restraining factors of the snack pellets market, with detailed analyses of its trends, opportunities, burning issues, winning imperatives, and challenges.

Snack pellets are known as third-generation snacks that are unfinished, expandable, and high density products, which are processed into ready-to-eat snacks through expansion. The diversity of products in terms of shapes, size, forms, colors and flavors have driven the market growth. Snack pellet are preferred by snack manufacturers around the world, as they have a long shelf life, are easy and economical to store and transport.

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By using varied snack pellets, snacks manufacturers are improvising on the snacks recipes, enhancing the nutritional qualities and hence, are increasing the palatability. The rising demand for traditional potato-based pellets with enhanced flavor and added protein content has increased the demand for potato snack pellet. The snack pellet market, in terms of value, is projected to grow at a CAGR of 5.9% from 2014 to 2019.

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 growth for snack pellets market.

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The snack pellets market has been segmented on the basis of type and geography. On the basis of type, snack pellet 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 report provides a competitive analysis of developments recorded in the industry during the past five years. Market drivers, restraints, opportunities, and burning issues are discussed in detail. The leading players in the snack pellets market such as Grupo Industrial Michel (Mexico), Limagrain (France), and Intersnack Knabbergebäck GmbH (Germany) have been profiled in this report.

Scope of the Report:

This report focuses on the snack pellets market for the F&B industry and food service industry. The Snack pellets Market was segmented on the basis of types and geography.

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