Market Overview:
The global snack pellet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy snacks and rising awareness about the benefits of consuming snack pellets among consumers. In terms of type, the potato segment is expected to lead the global snack pellet market in terms of revenue during the forecast period. This can be attributed to factors such as growing demand for convenience foods and rising trend of snacking among consumers across regions. In terms of application, children are expected to account for a larger share in terms of revenue in the global snack pellet market during the forecast period.
Product Definition:
A Snack Pellet is a small, round, and highly nutritious food pellet that is ideal for feeding small animals such as hamsters, gerbils, and mice. Snack pellets are also an important source of food for birds in the wild.
Potato:
Potato is a starchy, tuberous plant and is the largest cultivated plant in the world. It was first brought to Europe by Columbus during his second voyage (1493). The global potato production for 2014 was estimated at 5, 12, 075 tons. Potato is majorly produced in four countries namely; Russia (1, 779 thousand tons), Spain (947 thousand), Germany (836) and France(835). However U.S.
Corn:
Corn is one of the major grains cultivated in the U.S and it is also one of the most consumed cereal grains across the globe. It has a great importance for human diet as well as animal feed industry on account of its high nutritional value such as fiber, vitamins, proteins and carbohydrates.
Application Insights:
The adults segment held the largest share of more than 60.0% in 2017. The application of snack pellet among adults is higher in developed countries as compared to developing countries due to different purchasing power and lifestyle factors such as availability of time, money, and access to shopping malls or stores nearby people's houses. Moreover, rising disposable income owing to growing economies such as India and China will boost the demand for snacks over the forecast period.
The children segment is expected register a significant growth rate over the forecast period on account of increasing awareness about health benefits associated with nutrition intake especially from early age group among parents thus leading them towards using healthy products for their kids including snack pellet which can be beneficial during winters when weather gets cold outside thus encouraging consumption habits related to it at an early age which will positively impact market growth over the next few years.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing demand for healthy and nutritional food products. The U.S., in particular, is one of the major consumers of corn snack pellets due to their easy availability at almost every convenience store and grocery chain as well as their affordability.
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing product adoption by several prominent manufacturers in China, India, Japan, South Korea and Taiwan among other countries. Furthermore, rising disposable income levels coupled with rapid urbanization are anticipated to fuel product consumption across this region over the next eight years. In addition, growing awareness regarding sports nutrition among youth population will also support regional growth during forecast years from 2018 till 2030 (estimated).
Growth Factors:
- Increasing demand for healthy snacks: The global snacking population is expected to exceed 2 billion by 2020. This growing demand for healthier snacks is driving the popularity of snack pellets as a more nutritious and convenient snacking option.
- Rising awareness of the benefits of plant-based proteins: Plant-based proteins are becoming increasingly popular due to their health benefits, sustainability, and taste. Snack pellet manufacturers are capitalizing on this trend by offering plant-based protein options in their products.
- Growing interest in functional foods: Consumers are increasingly interested in foods that offer additional health benefits beyond basic nutrition. Snack pellets with added functional ingredients such as probiotics or omega-3s are meeting this demand and gaining popularity among consumers looking for healthier snack options.
Scope Of The Report
Report Attributes
Report Details
Report Title
Snack Pellet Market Research Report
By Type
Potato, Corn, Other
By Application
Children, Adults
By Companies
LIVEN SA, Nobel Agro Food Products Private Limited, Mafin, Tri-Snax, Quality Pellets, SUNDLINGS, Valin, Koein, Chhajed Foods Pvt. Ltd., Foodlink, Le Caselle, Lengdor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Snack Pellet Market Report Segments:
The global Snack Pellet market is segmented on the basis of:
Types
Potato, Corn, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Children, Adults
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LIVEN SA
- Nobel Agro Food Products Private Limited
- Mafin
- Tri-Snax
- Quality Pellets
- SUNDLINGS
- Valin
- Koein
- Chhajed Foods Pvt. Ltd.
- Foodlink
- Le Caselle
- Lengdor
Highlights of The Snack Pellet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Potato
- Corn
- Other
- By Application:
- Children
- Adults
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Snack Pellet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Snack pellets are small, compressed pellets made of corn, wheat or soybeans that are used as a snack.
Some of the major players in the snack pellet market are LIVEN SA, Nobel Agro Food Products Private Limited, Mafin, Tri-Snax, Quality Pellets, SUNDLINGS, Valin, Koein, Chhajed Foods Pvt. Ltd., Foodlink, Le Caselle, Lengdor.
The snack pellet market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Snack Pellet Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Snack Pellet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Snack Pellet Market - Supply Chain
4.5. Global Snack Pellet Market Forecast
4.5.1. Snack Pellet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Snack Pellet Market Size (000 Units) and Y-o-Y Growth
4.5.3. Snack Pellet Market Absolute $ Opportunity
5. Global Snack Pellet Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Snack Pellet Market Size and Volume Forecast by Type
5.3.1. Potato
5.3.2. Corn
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Snack Pellet Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Snack Pellet Market Size and Volume Forecast by Application
6.3.1. Children
6.3.2. Adults
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Snack Pellet Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Snack Pellet Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Snack Pellet Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Snack Pellet Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Snack Pellet Demand Share Forecast, 2019-2029
9. North America Snack Pellet Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Snack Pellet Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Snack Pellet Market Size and Volume Forecast by Application
9.4.1. Children
9.4.2. Adults
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Snack Pellet Market Size and Volume Forecast by Type
9.7.1. Potato
9.7.2. Corn
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Snack Pellet Demand Share Forecast, 2019-2029
10. Latin America Snack Pellet Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Snack Pellet Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Snack Pellet Market Size and Volume Forecast by Application
10.4.1. Children
10.4.2. Adults
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Snack Pellet Market Size and Volume Forecast by Type
10.7.1. Potato
10.7.2. Corn
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Snack Pellet Demand Share Forecast, 2019-2029
11. Europe Snack Pellet Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Snack Pellet Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Snack Pellet Market Size and Volume Forecast by Application
11.4.1. Children
11.4.2. Adults
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Snack Pellet Market Size and Volume Forecast by Type
11.7.1. Potato
11.7.2. Corn
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product ype
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Snack Pellet Demand Share, 2019-2029
12. Asia Pacific Snack Pellet Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Snack Pellet Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Snack Pellet Market Size and Volume Forecast by Application
12.4.1. Children
12.4.2. Adults
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Snack Pellet Market Size and Volume Forecast by Type
12.7.1. Potato
12.7.2. Corn
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Snack Pellet Demand Share, 2019-2029
13. Middle East & Africa Snack Pellet Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Snack Pellet Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Snack Pellet Market Size and Volume Forecast by Application
13.4.1. Children
13.4.2. Adults
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Snack Pellet Market Size and Volume Forecast by Type
13.7.1. Potato
13.7.2. Corn
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Snack Pellet Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Snack Pellet Market: Market Share Analysis
14.2. Snack Pellet Distributors and Customers
14.3. Snack Pellet Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. LIVEN SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nobel Agro Food Products Private Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mafin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tri-Snax
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Quality Pellets
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SUNDLINGS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Valin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Koein
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chhajed Foods Pvt. Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Foodlink
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Le Caselle
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lengdor
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
