North America Snack Pellets Market Forecast to 2030
North America 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)
$2,840 – $4,440
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- List of Companies
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Description
Rising Trend of Healthy Snacking Fuels, the North America Snack Pellets Market
Consumers increasingly seek snack options that align with their health and wellness goals, prompting manufacturers to provide innovative, nutritious, and better snack choices to cater to health-conscious consumers.
One noteworthy aspect of this trend is the introduction of gluten-free products in the North America snack pellets market. As gluten sensitivity and awareness of gluten-related health issues grow, there is a rising demand for snacks that cater to individuals with dietary restrictions. Manufacturers have responded by developing gluten-free variants of snack pellets, often using alternative flour and grains such as rice or corn. This expansion into gluten-free options addresses specific dietary needs and broadens the market’s appeal to a wider range of consumers looking for allergen-friendly and healthier snack choices.
The rising focus on healthy snacking prompts ingredient selection and formulation innovation in the North America snack pellets market. Manufacturers are incorporating natural and functional ingredients such as superfoods, seeds, and nutrient additives to enhance the nutritional value of their products. By using ingredients known for their health benefits, snack pellets are positioned to meet the demands of wellness-conscious consumers. Thus, rising demand for healthy snacks is expected to provide strong growth potential to the snack pellets manufacturers over the forecast period.
North America Snack Pellets Market Overview
The North America snack pellets market is segmented into the US, Canada, and Mexico. Frozen food products are among the widely consumed food in North America because of the rising preference for quick and easy meal solutions. Frozen entrée is a preferred quick food solution among working individuals and dual-income households as it offers convenience and saves preparation time. Moreover, consumers are increasingly adopting a healthy lifestyle and demanding gluten-free, low.
In the US, in 2021, online frozen foods sales saw a 75% increase, with frozen meals, meat, poultry, and seafood leading the frozen entrée industry. Rising frozen meat-based consumption and the growing traction of e-commerce platforms since the onset of the COVID-19 pandemic have bolstered the growth of frozen foods, including frozen entrée, in the country. Moreover, the rising demand for healthy and plant-based food has encouraged frozen entrée manufacturers to focus on product innovation.
North America Snack Pellets Market Revenue and Forecast to 2030 (US$ Million)
North America Snack Pellets Market Segmentation
The North America snack pellets market is segmented based on source, type, form, and country.
Based on source, the North America 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 North America snack pellets market is bifurcated into plain and flavored. The plain segment held a larger share in 2022.
By form, the North America 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 North America snack pellets market is categorized into US, Canada, and Mexico. The US dominated the North America snack pellets market in 2022.
Balance Foods Inc, LENG-DOR SAU, JR Short Milling Co, Le Caselle SpA, Mafin SRL, and Societe Cooperative Agricole Limagrain are some of the leading companies operating in the North America snack pellets market.
Summary Info
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According to the Research Team’ research, the North America snack pellets market was valued at US$ 2,136.08 million in 2022 and is expected to reach US$ 2,804.88 million by 2030, registering a CAGR of 3.5% from 2022 to 2030. Rising popularity of RTE snacks among population and increasing adoption of advanced technologies in snack pellet manufacturing are among the critical factors attributed to the North America snack pellets market expansion.
The surge in the consumption of high-quality convenience food owing to changing lifestyles is one of the biggest trends in the food industry. A hectic lifestyle and extended working hours drive the demand for ready-to-eat food as consumers want to save cooking time and effort. Moreover, the rising number of dual-income households in developed and developing countries also contributes to the rising demand for packaged food. Ready-to-eat (RTE) snacks are also witnessing massive demand, especially among working professionals, due to the rising snacking trend in corporations. Small coffee and snack break to relieve work stress drive the demand for RTE snacks. Light snacks such as popcorn, chips, and puffs are popular among the younger population and children.
The rising demand for RTE snacks is driving the North America snack pellets market. Snack manufacturers are focusing on offering snacks with innovative shapes and textures to attract a large number of consumers. For instance, in June 2022, GEA Group developed a new snack format called “Cinderellas Slippers,” a snack pellet shaped like a slipper. The new format is developed to meet the challenge of dipping the snacks in the sauce without getting the fingers coated. The Cinderella Slippers snack pellet is available in three versions: Classic, Perforated, and Ribbed. Thus, the rising popularity of RTE snacks among consumers and growing innovations drive the North America snack pellets market.
On the contrary, growing production cost hampers the growth North America snack pellets market.
Based on source, the North America snack pellets market snack pellets market is segmented into potato, corn, rice, tapioca, multigrain, and others. The potato segment held 31.9% share of the North America snack pellets market in 2022, amassing US$ 682.05 million. It is projected to garner US$ 853.42 million by 2030 to expand at 2.8% CAGR during 2022-2030.
By type, the North America snack pellets market snack pellets market is bifurcated into plain and flavored. The plain segment held 80.3% share of the North America snack pellets market in 2022, amassing US$ 1,717.02 million. It is projected to garner US$ 2,227.59 million by 2030 to expand at 3.3% CAGR during 2022-2030.
By form, the North America snack pellets market snack pellets market is segmented into laminated, die face, tri dimensional, and others. The laminated segment held 31.8% share of North America snack pellets market in 2022, amassing US$ 679.07 million. It is projected to garner US$ 866.33 million by 2030 to expand at 3.1% CAGR during 2022-2030.
Based on country, the North America snack pellets market is categorized into US, Canada, and Mexico. The US held 75.7% share of North America snack pellets market in 2022, amassing US$ 1,615.95 million. It is projected to garner US$ 2,115.94 million by 2030 to expand at 3.4% CAGR during 2022-2030.
Key players operating in the North America snack pellets market are Balance Foods Inc, LENG-DOR SAU, JR Short Milling Co, 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 North America 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 North America 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. North America 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
5. North America Snack Pellets Market – Key Industry 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 – North America Market Analysis
6.1 North America Snack Pellets Market Revenue (US$ Million), 2020 – 2030
6.2 North America Snack Pellets Market Forecast and Analysis
7. North America 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. North America 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. North America 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. North America Snack Pellets Market -Country Analysis
10.1.1 North America Snack Pellets Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 Snack pellets market Breakdown by Country
10.1.1.2 US Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.2.1 US Snack Pellets Market Breakdown by Source
10.1.1.2.2 US Snack Pellets Market Breakdown by Type
10.1.1.2.3 US Snack Pellets Market Breakdown by Form
10.1.1.3 Canada Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.3.1 Canada Snack Pellets Market Breakdown by Source
10.1.1.3.2 Canada Snack Pellets Market Breakdown by Type
10.1.1.3.3 Canada Snack Pellets Market Breakdown by Form
10.1.1.4 Mexico Snack Pellets Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.1.4.1 Mexico Snack Pellets Market Breakdown by Source
10.1.1.4.2 Mexico Snack Pellets Market Breakdown by Type
10.1.1.4.3 Mexico Snack Pellets Market Breakdown by Form
11. Company Profiles
11.1 Balance Foods Inc
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 JR Short Milling Co
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 Le Caselle SpA
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 Mafin SRL
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 Societe Cooperative Agricole Limagrain
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. North America Snack Pellets Market Segmentation
Table 2. North America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. North America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 4. North America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 5. North America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 6. US Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 7. US Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 8. US Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 9. Canada Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 10. Canada Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. Canada Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
Table 12. Mexico Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Source
Table 13. Mexico Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 14. Mexico Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn) – By Form
LIST OF FIGURES
Figure 1. North America Snack Pellets Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: North America snack pellets market
Figure 4. North America Snack Pellets Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. North America Snack Pellets Market Revenue (US$ Million), 2020 – 2030
Figure 7. North America 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. North America 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. North America 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. North America Snack Pellets Breakdown, by Key Countries, 2022 (US$)
Figure 23. Snack pellets market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. US Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Canada Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Mexico Snack Pellets Market Revenue and Forecasts To 2030 (US$ Mn)
The List of Companies – North America Snack Pellets Market
1. Balance Foods Inc
2. LENG-DOR SAU
3. JR Short Milling Co
4. Le Caselle SpA
5. Mafin SRL
6. Societe Cooperative Agricole Limagrain
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