Europe Snack Pellets Market Forecast to 2030
Europe Snack Pellets Market Forecast to 2030 – Regional Analysis – by Source (Potato, Corn, Rice, Tapioca, Multigrain, and Others), Type (Plain and Flavored), and Form (Laminated, Die Face, Tri Dimensional, and Others)
$2,485 – $3,885
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- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
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Description
Rising Demand for Clean-Label, Sustainable, and Ethical Products Fuels the Europe Snack Pellets Market
Over the past few years, consumers are increasingly focusing on sustainability. The preference for cleaner, ethically sourced, and environmentally friendly products has grown dramatically. The static lifestyle and work-related stress have resulted in multiple health problems. Therefore, consumers are focusing on clean eating. Also, in the wake of the pandemic, consumers are choosing sustainable alternatives. Thus, the changing consumer preferences have also influenced their buying behavior.
Snack pellet manufacturers are focusing on developing innovative products with clean, all-natural, organic, and genetically modified organisms (GMO)-free ingredients that are ethically sourced. Consumers also focus on the wellness of the farmers and workers across the supply chain and favor products with transparent labels. Therefore, snack pellet manufacturers focus on procuring raw materials certified by agencies like Fairtrade. Fairtrade-certified raw materials ensure that farmers and workers are given fair compensation and treatment. Thus, the rising demand for clean-label, ethical, and sustainable snacking products is expected to open potential opportunities in the Europe snack pellets market over the coming years.
Europe Snack Pellets Market Overview
The Europe snack pellets market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The market growth is mainly attributed to the rising demand for convenience food, extensive retail infrastructure, and availability of a wide range of products of different brands via different forms. High per-capita income also drives the demand for frozen entrée, such as frozen meals and snacks, owing to the busy lifestyles and an increasing number of working individuals.
Over the past decade, consumers have been seeking products with transparent and easily understandable ingredient lists, leading to a trend of clean-label frozen entrées with minimal additives and preservatives. According to the biannual FMCG Demand Signals report, since the COVID-19 pandemic, private-labeled products have gained strong momentum in Europe, in which Spain accounted for the highest penetration of clean-labeled products (47%), Germany (41%), and the UK (37%). Thus, the growing penetration of clean-labeled products, including frozen entrée, is projected to offer new opportunities to the Europe snack pellets market during the forecast period.
The snack pellets market in Europe is projected to witness significant growth in the coming years due to the presence of prominent players, such as Nestle S.A. and Bounduelle Group. These companies offer a broad array of frozen entrées, including frozen plant-based and meat-based frozen entrées.
Europe Snack Pellets Market Revenue and Forecast to 2030 (US$ Million)
Europe Snack Pellets Market Segmentation
The Europe snack pellets market is segmented based on source, type, form, and country.
Based on source, the Europe snack pellets market is segmented into potato, corn, rice, tapioca, multigrain, and others. The potato segment held the largest share in 2022.
By type, the Europe snack pellets market is bifurcated into plain and flavored. The plain segment held a larger share in 2022.
By form, the Europe snack pellets market is segmented into laminated, die face, tri dimensional, and others. The laminated segment held the largest share in 2022.
Based on country, the Europe snack pellets market is categorized into Germany, France, UK, Italy, Spain, and the Rest of Europe. The Rest of Europe dominated the Europe snack pellets market in 2022.
Snack Creations Ltd, LENG-DOR SAU, Quality Pellets AS, Le Caselle SpA, Mafin SRL, and Societe Cooperative Agricole Limagrain are some of the leading companies operating in the Europe snack pellets market.
Summary Info
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According to the Research Team’ research, the Europe snack pellets market was valued at US$ 1,613.45 million in 2022 and is expected to reach US$ 2,164.87 million by 2030, registering a CAGR of 3.7% from 2022 to 2030. Increasing adoption of advanced technologies in snack pellet manufacturing and rising popularity of RTE snacks are among the critical factors attributed to the Europe snack pellets market expansion.
Extrusion technology, a crucial process in snack pellet production, has evolved, enabling manufacturers to create diverse snack products with improved quality, texture, and taste. These technological advancements have increased production efficiency and facilitated the creation of innovative and appealing snack options, catering to the changing preferences of consumers.
One of the notable advancements in extrusion technology that has influenced the Europe snack pellets market is the development of twin-screw extruders. The extruders offer enhanced control over the cooking and expansion processes, resulting in consistent texture and taste of snack pellets. Incorporating twin-screw extruders allows for a wider variety of raw materials, including grains, pulses, and vegetables, for snack pellet production. This innovation has enabled manufacturers to produce snacks with different variety of shapes and enhanced texture that can align with the growing demand from snack manufacturers.
Integrating 3D printing technology into the extrusion process has also opened new avenues for snack pellet customization. This technology enables manufacturers to create intricate and attractive shapes, enhancing the visual appeal of the final snack products. This advancement has proven beneficial in marketing to younger demographics and families who value novelty and visual appeal in their snack choices. The customization potential offered by 3D printing in extrusion has expanded the Europe snack pellets market by offering unique snacking experiences.
Implementing intelligent controls and automation in extrusion lines has streamlined production, increased efficiency, and reduced wastage. Real-time monitoring and data analysis allow manufacturers to fine-tune production parameters, resulting in consistent quality and improved productivity. This level of control is particularly significant in the snack industry, where maintaining product quality and meeting consumer expectations are paramount.
Thus, the introduction of twin-screw extruders, integration of 3D printing, and the adoption of intelligent controls and automation boost the production of a diverse range of snack pellets, thereby fueling the Europe snack pellets market growth.
On the contrary, growing production cost hampers the growth Europe snack pellets market.
Based on source, the Europe snack pellets market snack pellets market is segmented into potato, corn, rice, tapioca, multigrain, and others. The potato segment held 33.5% share of the Europe snack pellets market in 2022, amassing US$ 540.78 million. It is projected to garner US$ 702.64 million by 2030 to expand at 3.3% CAGR during 2022-2030.
By type, the Europe snack pellets market snack pellets market is bifurcated into plain and flavored. The plain segment held 79.5% share of the Europe snack pellets market in 2022, amassing US$ 1,282.04 million. It is projected to garner US$ 1,698.18 million by 2030 to expand at 3.6% CAGR during 2022-2030.
By form, the Europe snack pellets market snack pellets market is segmented into laminated, die face, tri dimensional, and others. The laminated segment held 35.2% share of Europe snack pellets market in 2022, amassing US$ 567.35 million. It is projected to garner US$ 743.86 million by 2030 to expand at 3.4% CAGR during 2022-2030.
Based on country, the Europe snack pellets market is categorized into Germany, France, UK, Italy, Spain, and the Rest of Europe. The Rest of Europe held 39.4% share of Europe snack pellets market in 2022, amassing US$ 636.34 million. It is projected to garner US$ 813.69 million by 2030 to expand at 3.1% CAGR during 2022-2030.
Key players operating in the Europe snack pellets market are Snack Creations Ltd, LENG-DOR SAU, Quality Pellets AS, Le Caselle SpA, Mafin SRL, and Societe Cooperative Agricole Limagrain, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Europe snack pellets market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Snack Pellets Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.1 Threat of Substitutes
4.3 Ecosystem Analysis
4.4 List of Vendors
5. Europe Screen Printing Mesh Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Popularity of RTE Snacks Among Population
5.1.1 Increasing Adoption of Advanced Technologies in Snack Pellet Manufacturing
5.2 Market Restraints
5.2.1 Growing Production Cost
5.3 Market Opportunities
5.3.1 Rising Demand for Clean-Label, Sustainable, and Ethical Products
5.4 Future Trends
5.4.1 Rising Trend of Healthy Snacking
5.5 Impact of Drivers and Restraints:
6. Snack Pellets Market – Europe Market Analysis
6.1 Europe Snack Pellets Market Revenue (US$ Million), 2020 – 2030
6.2 Europe Snack Pellets Market Forecast and Analysis
7. Europe Snack Pellets Market Analysis – Source
7.1 Potato
7.1.1 Overview
7.1.2 Potato Market Revenue and Forecast to 2030 (US$ Million)
7.2 Corn
7.2.1 Overview
7.2.2 Corn Market Revenue and Forecast to 2030 (US$ Million)
7.3 Rice
7.3.1 Overview
7.3.2 Rice Market Revenue and Forecast to 2030 (US$ Million)
7.4 Tapioca
7.4.1 Overview
7.4.2 Tapioca Market Revenue and Forecast to 2030 (US$ Million)
7.5 Multigrain
7.5.1 Overview
7.5.2 Multigrain Market Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Europe Snack Pellets Market Analysis – Type
8.1 Plain
8.1.1 Overview
8.1.2 Plain Market Revenue and Forecast to 2030 (US$ Million)
8.2 Flavored
8.2.1 Overview
8.2.2 Flavored Market Revenue and Forecast to 2030 (US$ Million)
9. Europe Snack Pellets Market Analysis – Form
9.1 Laminated
9.1.1 Overview
9.1.2 Laminated Market Revenue and Forecast to 2030 (US$ Million)
9.2 Die Face
9.2.1 Overview
9.2.2 Die Face Market Revenue and Forecast to 2030 (US$ Million)
9.3 Tri Dimensional
9.3.1 Overview
9.3.2 Tri Dimensional Market Revenue and Forecast to 2030 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Other Market Revenue and Forecast to 2030 (US$ Million)
10. Europe Snack Pellets Market – Country Analysis
10.1.1 Europe Snack Pellets Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 Snack pellets market Breakdown by Country
10.1.1.2 Germany Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 Germany Snack Pellets Market Breakdown by Source
10.1.1.2.2 Germany Snack Pellets Market Breakdown by Type
10.1.1.2.3 Germany Snack Pellets Market Breakdown by Form
10.1.1.3 France Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 France Snack Pellets Market Breakdown by Source
10.1.1.3.2 France Snack Pellets Market Breakdown by Type
10.1.1.3.3 France Snack Pellets Market Breakdown by Form
10.1.1.4 Italy Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Italy Snack Pellets Market Breakdown by Source
10.1.1.4.2 Italy Snack Pellets Market Breakdown by Type
10.1.1.4.3 Italy Snack Pellets Market Breakdown by Form
10.1.1.5 UK Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.5.1 UK Snack Pellets Market Breakdown by Source
10.1.1.5.2 UK Snack Pellets Market Breakdown by Type
10.1.1.5.3 UK Snack Pellets Market Breakdown by Form
10.1.1.6 Russia Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.6.1 Russia Snack Pellets Market Breakdown by Source
10.1.1.6.2 Russia Snack Pellets Market Breakdown by Type
10.1.1.6.3 Russia Snack Pellets Market Breakdown by Form
10.1.1.7 Rest of Europe Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.7.1 Rest of Europe Snack Pellets Market Breakdown by Source
10.1.1.7.2 Rest of Europe Snack Pellets Market Breakdown by Type
10.1.1.7.3 Rest of Europe Snack Pellets Market Breakdown by Form
11. Company Profiles
11.1 Snack Creations Ltd
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 LENG-D’OR SAU
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Le Caselle SpA
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Mafin SRL
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Societe Cooperative Agricole Limagrain
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Quality Pellets AS
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
LIST OF TABLES
Table 1. Europe Snack Pellets Market Segmentation
Table 2. List of Raw Material Suppliers in Value Chain:
Table 3. List of Manufacturers in Value Chain:
Table 4. List of Potential Buyers
Table 5. Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Table 6. Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 7. Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 8. Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 9. Germany Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 10. Germany Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. Germany Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 12. France Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 13. France Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. France Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 15. Italy Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 16. Italy Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 17. Italy Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 18. UK Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 19. UK Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 20. UK Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 21. Russia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 22. Russia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 23. Russia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 24. Rest of Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 25. Rest of Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 26. Rest of Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
LIST OF FIGURES
Figure 1. Europe Snack Pellets Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Europe Snack Pellets Market
Figure 4. Europe Snack Pellets Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Snack Pellets Market Revenue (US$ Million), 2020 – 2030
Figure 7. Europe Snack Pellets Market Share (%) – Source, 2022 and 2030
Figure 8. Potato Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Corn Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Rice Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Tapioca Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Multigrain Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Europe Snack Pellets Market Share (%) – Type, 2022 and 2030
Figure 15. Plain Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Flavored Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Europe Snack Pellets Market Share (%) – Form, 2022 and 2030
Figure 18. Laminated Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Die Face Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Tri Dimensional Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Other Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Europe Snack Pellets Breakdown, by Key Countries, 2022 (US$)
Figure 23. Europe Snack pellets market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. Germany Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. France Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Italy Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. UK Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Russia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Rest of Europe Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – Europe Snack Pellets Market
1. Snack Creations Ltd
2. LENG-DOR SAU
3. Quality Pellets AS
4. Le Caselle SpA
5. Mafin SRL
6. Societe Cooperative Agricole Limagrain
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