South & Central America Snack Pellets Market Forecast to 2030

South & Central America Snack Pellets Market Forecast to 2030

South & Central 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)

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Description

The South & Central America snack pellets market was valued at US$ 615.16 million in 2022 and is expected to reach US$ 915.54 million by 2030; it is estimated to grow at a CAGR of 5.1% from 2022 to 2030.

Rising Trend of Healthy Snacking Fuels, the South & Central 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 South & Central 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 South & Central 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.

South & Central America Snack Pellets Market Overview

The South & Central America snack pellets market is segmented into Brazil, Argentina, and the Rest of South & Central America. The frozen meat & poultry-based food products industry is a significant revenue-generating industry in the region. Red meat, poultry, and pork are popular in Brazil and Argentina.

In May 2022, the Brazilian government took the initiative to cut down import tariffs for many food categories, including beef, chicken, corn, wheat and wheat flour, cookies, and frozen meal products. Such government initiatives help fuel the demand for frozen meat-based products such as frozen entrée, further driving the snack pellets market across the nation.

South & Central America Snack Pellets Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Snack Pellets Market Segmentation

The South & Central America snack pellets market is segmented based on source, type, form, and country.

Based on source, the South & Central 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 South & Central America snack pellets market is bifurcated into plain and flavored. The plain segment held a larger share in 2022.

By form, the South & Central 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 South & Central America snack pellets market is categorized into Brazil, Argentina, the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America snack pellets market in 2022.

LENG-D’OR SAU, Mafin SRL, Societe Cooperative Agricole Limagrain, and Noble Agro Food Products Pvt. Ltd are some of the leading companies operating in the South & Central America snack pellets market.

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At 5.1% CAGR, the South & Central America Snack Pellets Market Is Speculated to be Worth US$ 915.54 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America snack pellets market was valued at US$ 615.16 million in 2022 and is expected to reach US$ 915.54 million by 2030, registering a CAGR of 5.1% from 2022 to 2030. Rising demand for clean-label, sustainable, and ethical products and rising popularity of RTE snacks are among the critical factors attributed to the South & Central America snack pellets market expansion.

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 South & Central America snack pellets market over the coming years.

On the contrary, growing production cost hampers the growth South & Central America snack pellets market.

Based on source, the South & Central America snack pellets market snack pellets market is segmented into potato, corn, rice, tapioca, multigrain, and others. The potato segment held 37.2% share of the South & Central America snack pellets market in 2022, amassing US$ 228.63 million. It is projected to garner US$ 331.65 million by 2030 to expand at 4.8% CAGR during 2022-2030.

By type, the South & Central America snack pellets market snack pellets market is bifurcated into plain and flavored. The plain segment held 83.2% share of the South & Central America snack pellets market in 2022, amassing US$ 511.95 million. It is projected to garner US$ 754.44 million by 2030 to expand at 5.0% CAGR during 2022-2030.

By form, the South & Central America snack pellets market snack pellets market is segmented into laminated, die face, tri dimensional, and others. The laminated segment held 39.3% share of South & Central America snack pellets market in 2022, amassing US$ 241.94 million. It is projected to garner US$ 356.08 million by 2030 to expand at 4.9% CAGR during 2022-2030.

Based on country, the South & Central America snack pellets market is categorized into Brazil, Argentina, the Rest of South & Central America. The Rest of South & Central America held 47.2% share of South & Central America snack pellets market in 2022, amassing US$ 290.54 million. It is projected to garner US$ 412.08 million by 2030 to expand at 4.5% CAGR during 2022-2030.

Key players operating in the South & Central America snack pellets market are LENG-DOR SAU, Mafin SRL, Societe Cooperative Agricole Limagrain, and Noble Agro Food Products Pvt. Ltd, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America snack pellets market.
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 South & Central 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 South & Central 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. Introduction
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. South & Central 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. South & Central 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 – South & Central America Market Analysis
6.1 South & Central America Snack Pellets Market Revenue (US$ Million), 2020 – 2030
6.2 South & Central America Snack Pellets Market Forecast and Analysis
7. South & Central 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. South & Central 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. South & Central 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. South & Central America Snack Pellets Market -Country Analysis
10.1.1 South & Central 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 Brazil Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.2.1 Brazil Snack Pellets Market Breakdown by Source
10.1.1.2.2 Brazil Snack Pellets Market Breakdown by Type
10.1.1.2.3 Brazil Snack Pellets Market Breakdown by Form
10.1.1.3 Argentina Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.3.1 Argentina Snack Pellets Market Breakdown by Source
10.1.1.3.2 Argentina Snack Pellets Market Breakdown by Type
10.1.1.3.3 Argentina Snack Pellets Market Breakdown by Form
10.1.1.4 Rest of South & Central America Snack Pellets Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.4.1 Rest of South & Central America Snack Pellets Market Breakdown by Source
10.1.1.4.2 Rest of South & Central America Snack Pellets Market Breakdown by Type
10.1.1.4.3 Rest of South & Central America Snack Pellets Market Breakdown by Form
11. Company Profiles
11.1 LENG-D’OR SAU
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 Mafin SRL
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 Noble Agro Food Products Pvt Ltd
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 Societe Cooperative Agricole Limagrain
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
12. Appendix

LIST OF TABLES

Table 1. South & Central America Snack Pellets Market Segmentation
Table 2. South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Source
Table 4. South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 5. South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – Form
Table 6. Brazil Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 7. Brazil Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 8. Brazil Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 9. Argentina Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 10. Argentina Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 11. Argentina Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form
Table 12. Rest of South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Source
Table 13. Rest of South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 14. Rest of South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million) – By Form

LIST OF FIGURES

Figure 1. South & Central America Snack Pellets Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: South & Central America Snack Pellets Market
Figure 4. South & Central America Snack Pellets Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. South & Central America Snack Pellets Market Revenue (US$ Million), 2020 – 2030
Figure 7. South & Central 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. South & Central 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. South & Central 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. South & Central America Snack Pellets Breakdown, by Key Countries, 2022 (US$)
Figure 23. South & Central Snack Pellets Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 24. Brazil Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Argentina Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Rest of South & Central America Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)

The List of Companies – South & Central America Snack Pellets Market

1. LENG-D’OR SAU
2. Mafin SRL
3. Societe Cooperative Agricole Limagrain
4. Noble Agro Food Products Pvt. Ltd

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