Global Snack Pellets Market is accounted for $2.07 billion in 2020 and is expected to reach $3.43 billion by 2028 growing at a CAGR of 6.5% during the forecast period. Increasing innovations in food extrusion processes, rise in demand for prepared and convenience foods, and expansion of retail landscape in developing countries are the major factors propelling the market growth.
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By geography, Europe is going to have a lucrative growth during the forecast period due to the rising demand for savory snacks, rising expansion of retail landscape in developing countries, rising innovations in food extrusion processes, rising demand for healthy foods, increasing health consciousness among individual in this region.
Some of the key players profiled in the Snack Pellets Market include Akkel Group, Balance Foods Inc, Dalmaza Food Industries Co, GmBH & Co. KG, Grupo Industrial Michel, Intersnack Group, J.R. Short Milling Company, LE Caselle, Limagrain Cereales Ingredients, Liven S.A, Noble Agro Food Products Pvt. Ltd, Pasta Foods Ltd, Quality Pellets A/S, and Van Marcke Foods.
Types Covered in Snack Pellets Market
• Hot Air Baking
• Frying
Products Covered:
• Corn
• Multi-Grain
• Potato
• Rice
• Tapioca
• Vegetable
• Other Products
Flavors Covered:
• Flavored
• Nutritional
• Plain
Forms Covered:
• Laminated Pellets
• Gelatinized Pellets
• Tridimensional Pellets
• Punched Pellets
• Die Face Pellets
• Die Distance Pellets
Techniques Covered:
• Twin Screw Extruders
• Single Screw
End Users Covered:
• Household
• Commercial Use
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