Market Research Future (Food and Beverages) Snack Pellets Market Research Report | Page 3

Snack Pellets Market Research Report – Forecast to 2023 2 Market Overview Global snack pellets market is expected to grow significantly between 2018 and 2023 owing to the rising consumption of convenience food among working people. Snack pellets are intermediate non-expanded products that are made with raw ingredients that include potato, corn, rice, tapioca, and grains. These products are semi-finished and usually sold to snack manufacturers, who then process them using various methods, such as frying and hot air baking, and adding various taste ingredients to create finished ready-to-eat snacks. Snack pellets market is growing extensively, mainly due to the great diversity of products in terms of shapes, textures, colours, and flavours. Snack processors across the globe demand pellets because of their long shelf life and high- density features, simplified storage, and convenient and cost-effective transportation. Inclination towards new and diverse taste, busy working schedules, rising per capita disposable income, and adoption of global trends are some of the major factors leading the growth of the market. Intended Audience: Snack pellets producers/ processors Commercial research & development (R&D) institutions Raw material suppliers and distributors Government and research organizations Associations and industrial bodies Retailers, supermarket and hypermarket Traders, exporters and importers Page | 3 Copyright © 2017 Market Research Future.