The Asia Pacific Snack Pellets Market was worth USD 1.54 billion in 2018 and estimated to be growing at a CAGR of 6.3%, to reach USD 2.09 billion by 2023. 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.
The Asia Pacific 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 Asia Pacific market is analysed under various regions namely China, India, Japan and South Korea. The Asia Pacific Snack Pellets Market had the second largest market share as of 2016 and is expected to show the highest CAGR during the forecast period.
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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Potato
5.1.3 Corn
5.1.4 Rice
5.1.5 Tapioca
5.1.6 Multigrain
5.1.7 Y-o-Y Growth Analysis, By Type
5.1.8 Market Attractiveness Analysis, By Type
5.1.9 Market Share Analysis, By Type
5.2 Form
5.2.1 Introduction
5.2.2 Laminated
5.2.3 Tridimensional
5.2.4 Die-face
5.2.5 Gelatinized
5.2.5 Y-o-Y Growth Analysis, By Form
5.2.6 Market Attractiveness Analysis, By Form
5.2.7 Market Share Analysis, By Form
5.3 Equipment
5.3.1 Introduction
5.3.2 Twin Screw Extruder
5.3.3 Single Screw Extruder
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Form
6.1.3.4 By Equipment
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Form
6.1.4.4 By Equipment
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Form
6.1.5.4 By Equipment
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Intersnack Group GmBH & Co. KG
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 J.R. Short Milling Company
8.3 Cryo Cell International
8.4 Quality Pellets A/S
8.5 Balance Foods Inc.
8.6 Aastrom Biosciences
8.7 Dalmaza Food Industries Co.
8.8 Grupo Industrial Michel
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures