Pune, India -- (SBWIRE) -- 01/16/2019 -- Summary

Pellets are the smallest particles which are typically created by compressing an original material. Snack pellets usually come in a dough form a semi-finished product already shaped. Snack pellets are either cooked by frying or by hot air expansion. Pellets texture is usually crisper and denser than that of direct extruded foods and the shapes can be more intricate and complex. The different technologies that produce different pellets are cuts (twist, pico and ring shapes), slices (squares, round crisps, etc.) and 3D shapes. Also, there are growing number of pellet mixes available for more pleasure and fun.

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Longer shelf life, stability, bulk density & convenient to store, and ready to eat are some of the features offered by snack pellets. Along with this, increasing transition in lifestyle of consumer in terms of feeding habits is expected to grow the market in coming years. Government initiatives and investments to expand the processed and extruded food act as opportunity for the market growth.

Multigrain segment to have the fastest growth throughout the forecast period

Multigrain snack pellets are made from different types of grains which are rich in nutritional value. Previously, snack pellets where produced from single type of grain which only had limited nutritional value. Currently, consumers are demanding for multigrain snack pellets due to its high fibre content. Additionally, snacks pellets also have low fat content along with various health and taste benefits as compared to potato and corn-based snacks. Wheat is mostly used grains than other grains. Increasing health consciousness among the consumers are opting for multigrain snacks pellets. Due to these factors, multigrain segment is expected to be the fastest growing market during the forecasted period.

The gelatinised segment – holds largest market share

Based on form, the snack pellets are segmented into laminated, die-face, tri-dimensional, and gelatinized. Gelatinized pellets are uniform in thickness and are flat with holes on the surface. To maintain the shape upon frying or toasting it is essential to maintain the thickness. They are produced by using specially designed high-speed rotary cutting machine, which sequentially produces the desired shape. Growing attraction of consumers towards gelatinised segment. Thus, the gelatinised segment is expected to be the largest market during the forecast period.

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The single-screw extruder – transforming the pellets ecosystem  

Based on techniques, the snack pellets market is dominated by single-screw extruder technique. They are comparatively easy to operate and maintain. Various key players in the market offer the single-screw extruder technique as they are effective and capable of producing complex snacks food products. This technique uses one screw in the barrel of the extruder to transport and shape multiple ingredients by keeping the focus on ingredients mix through a shaped die to produce a uniform shape.

The main points which are answered and covered in this Report are

What will be the total keyword Market in the coming years till 2023?

What will be the key factors which will be overall affecting the industry?

What are the various challenges addressed?

Which are the major companies included?

Asia Pacific to grow significantly over the forecast period

Most of the companies worldwide are expanding there manufacturing facilities to Asia Pacific regions. The global market is impacted to extensive production and export of snack pellet production from Asia Pacific region mainly from China and India. The factors like cheap labour, availability of resources and others are attracting the competitors to invest in the manufacturing of snacks pellets in Asia Pacific region. Developed economies in North America and Europe are mainly focusing in investment for manufacturing of snacks pellets in this region. The market of Asia Pacific is expected to grow rapidly due to rise in disposable income and urbanisation.