North America Snack Pellets Market Size (2024 To 2029):
North America Snack Pellets Market is expected to be worth USD 1.68 billion in 2024 to grow at a CAGR of 6.25%, to achieve USD 2.27 billion by 2029. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the food industry.
Snack pellets are instant non-expanded food items. These are semi-finished items and are usually processed like frying and hot air baking to turn them into finished and expanded snacks. The snack pellets are present in different textures, shapes, colors and flavours.
The growing demand for instant foods, increase in the health awareness amongst the public, the rising demand of food items with low energy, saturated fats and salt and minimum investment, propel the snack pellets market. Prevalence of alternative products and the growth in rates of raw materials in under-developed areas are the constraints to this market.
This Research Report on North America Snack Pellets Market is segmented and sub segmented into following categories:
North America Snack Pellets Market - By Type:
North America Snack Pellets Market - By Form:
North America Snack Pellets Market - By Equipment:
The North America Snack Pellets Market is segmented based on Type into Potato, Corn, Rice, Tapioca, and Multigrain. On the basis of Form, the market is segmented into Laminated, Tridimensional, Die-face, and Gelatinized. Based on Equipment, the market is segmented into Twin Screw Extruder, and Single Screw Extruder.
On the basis of geography, the North America market is analysed under the regions namely U.S.A and Canada. The North America Snack Pellets Market had the third biggest market share as of 2016 and is expected to show significant growth during the forecast period.
KEY MARKET PLAYERS:
Some of the major companies dominating the market, by their products are Intersnack Group GmBH & Co. KG, J.R. Short Milling Company, Quality Pellets A/S, Balance Foods Inc., Dalmaza Food Industries Co., Grupo Industrial Michel.
Frequently Asked Questions
Snack pellets can be used to make a variety of snacks including potato chips, extruded snacks, popped snacks, filled snacks, and coated snacks. They offer versatility in terms of flavor, texture, and shape
Using snack pellets offers several advantages including consistent quality, extended shelf life, reduced production time, and flexibility in product development. They also allow snack manufacturers to create unique and customized snack products.
Snack pellets are typically produced through processes such as extrusion, frying, or baking. Ingredients are mixed, formed into pellets using specialized equipment, and then cooked to achieve the desired texture and flavor.
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