Asia Pacific 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)
The Asia Pacific snack pellets market was valued at US$ 2,466.43 million in 2022 and is expected to reach US$ 3,472.11 million by 2030; it is estimated to grow at a CAGR of 4.4% from 2022 to 2030.
Increasing Adoption of Advanced Technologies in Snack Pellet Manufacturing Fuels the Asia Pacific Snack Pellets Market
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 Asia Pacific 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 Asia Pacific 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 Asia Pacific snack pellets market growth.
Asia Pacific Snack Pellets Market Overview
The Asia Pacific snack pellets market is segmented into China, India, Australia, Japan, South Korea, and the Rest of Asia Pacific. The snack pellets market in Asia Pacific is rapidly advancing with the growing consumption of convenience food products such as frozen meals. The rising disposable income levels of consumers and the growth of the middle-class population are among the key factors driving the consumption of frozen entrйe in the region. The demand for frozen entrйe has significantly increased in the region as they are affordable, readily available, convenient, and easy-to-prepare meals. Furthermore, the growth of modern retail distribution platforms, including supermarkets & hypermarkets, convenience stores, and online grocery platforms, has widened the availability and accessibility of frozen entrйes to consumers across the region.
Asia Pacific Snack Pellets Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Snack Pellets Market Segmentation
The Asia Pacific snack pellets market is segmented based on source, type, and form, and country.
Based on source, the Asia Pacific 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 Asia Pacific snack pellets market is bifurcated into plain and flavored. The plain segment held a larger share in 2022.
By form, the Asia Pacific 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 Asia Pacific snack pellets market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific snack pellets market in 2022.
Bach Snacks SAL, LENG-DOR SAU, Mafin SRL, Noble Agro Food Products Pvt Ltd, and Societe Cooperative Agricole Limagrain are some of the leading companies operating in the Asia Pacific snack pellets market.
Increasing Adoption of Advanced Technologies in Snack Pellet Manufacturing Fuels the Asia Pacific Snack Pellets Market
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 Asia Pacific 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 Asia Pacific 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 Asia Pacific snack pellets market growth.
Asia Pacific Snack Pellets Market Overview
The Asia Pacific snack pellets market is segmented into China, India, Australia, Japan, South Korea, and the Rest of Asia Pacific. The snack pellets market in Asia Pacific is rapidly advancing with the growing consumption of convenience food products such as frozen meals. The rising disposable income levels of consumers and the growth of the middle-class population are among the key factors driving the consumption of frozen entrйe in the region. The demand for frozen entrйe has significantly increased in the region as they are affordable, readily available, convenient, and easy-to-prepare meals. Furthermore, the growth of modern retail distribution platforms, including supermarkets & hypermarkets, convenience stores, and online grocery platforms, has widened the availability and accessibility of frozen entrйes to consumers across the region.
Asia Pacific Snack Pellets Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Snack Pellets Market Segmentation
The Asia Pacific snack pellets market is segmented based on source, type, and form, and country.
Based on source, the Asia Pacific 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 Asia Pacific snack pellets market is bifurcated into plain and flavored. The plain segment held a larger share in 2022.
By form, the Asia Pacific 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 Asia Pacific snack pellets market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific snack pellets market in 2022.
Bach Snacks SAL, LENG-DOR SAU, Mafin SRL, Noble Agro Food Products Pvt Ltd, and Societe Cooperative Agricole Limagrain are some of the leading companies operating in the Asia Pacific snack pellets market.
1. INTRODUCTION
1.1 The Insight Partners 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. ASIA PACIFIC 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. ASIA PACIFIC 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 - ASIA PACIFIC MARKET ANALYSIS
6.1 Asia Pacific Snack Pellets Market Revenue (US$ Million), 2020 - 2030
6.2 Asia Pacific Snack Pellets Market Forecast and Analysis
7. ASIA PACIFIC 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. ASIA PACIFIC 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. ASIA PACIFIC 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. ASIA PACIFIC SNACK PELLETS MARKET - COUNTRY ANALYSIS
10.1.1 Asia Pacific Snack Pellets Market Breakdown by Country
10.1.1.1 Snack pellets market Breakdown by Country
10.1.1.2 Australia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.2.1 Australia Snack Pellets Market Breakdown by Source
10.1.1.2.2 Australia Snack Pellets Market Breakdown by Type
10.1.1.2.3 Australia Snack Pellets Market Breakdown by Form
10.1.1.3 China Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.3.1 China Snack Pellets Market Breakdown by Source
10.1.1.3.2 China Snack Pellets Market Breakdown by Type
10.1.1.3.3 China Snack Pellets Market Breakdown by Form
10.1.1.4 India Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.4.1 India Snack Pellets Market Breakdown by Source
10.1.1.4.2 India Snack Pellets Market Breakdown by Type
10.1.1.4.3 India Snack Pellets Market Breakdown by Form
10.1.1.5 Japan Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.5.1 Japan Snack Pellets Market Breakdown by Source
10.1.1.5.2 Japan Snack Pellets Market Breakdown by Type
10.1.1.5.3 Japan Snack Pellets Market Breakdown by Form
10.1.1.6 South Korea Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.6.1 South Korea Snack Pellets Market Breakdown by Source
10.1.1.6.2 South Korea Snack Pellets Market Breakdown by Type
10.1.1.6.3 South Korea Snack Pellets Market Breakdown by Form
10.1.1.7 Rest of Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.7.1 Rest of Asia Pacific Snack Pellets Market Breakdown by Source
10.1.1.7.2 Rest of Asia Pacific Snack Pellets Market Breakdown by Type
10.1.1.7.3 Rest of Asia Pacific Snack Pellets Market Breakdown by Form
11. COMPANY PROFILES
11.1 Bach Snacks SAL
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 Mafin SRL
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 Noble Agro Food Products Pvt Ltd
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
12. APPENDIX
1.1 The Insight Partners 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. ASIA PACIFIC 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. ASIA PACIFIC 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 - ASIA PACIFIC MARKET ANALYSIS
6.1 Asia Pacific Snack Pellets Market Revenue (US$ Million), 2020 - 2030
6.2 Asia Pacific Snack Pellets Market Forecast and Analysis
7. ASIA PACIFIC 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. ASIA PACIFIC 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. ASIA PACIFIC 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. ASIA PACIFIC SNACK PELLETS MARKET - COUNTRY ANALYSIS
10.1.1 Asia Pacific Snack Pellets Market Breakdown by Country
10.1.1.1 Snack pellets market Breakdown by Country
10.1.1.2 Australia Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.2.1 Australia Snack Pellets Market Breakdown by Source
10.1.1.2.2 Australia Snack Pellets Market Breakdown by Type
10.1.1.2.3 Australia Snack Pellets Market Breakdown by Form
10.1.1.3 China Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.3.1 China Snack Pellets Market Breakdown by Source
10.1.1.3.2 China Snack Pellets Market Breakdown by Type
10.1.1.3.3 China Snack Pellets Market Breakdown by Form
10.1.1.4 India Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.4.1 India Snack Pellets Market Breakdown by Source
10.1.1.4.2 India Snack Pellets Market Breakdown by Type
10.1.1.4.3 India Snack Pellets Market Breakdown by Form
10.1.1.5 Japan Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.5.1 Japan Snack Pellets Market Breakdown by Source
10.1.1.5.2 Japan Snack Pellets Market Breakdown by Type
10.1.1.5.3 Japan Snack Pellets Market Breakdown by Form
10.1.1.6 South Korea Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.6.1 South Korea Snack Pellets Market Breakdown by Source
10.1.1.6.2 South Korea Snack Pellets Market Breakdown by Type
10.1.1.6.3 South Korea Snack Pellets Market Breakdown by Form
10.1.1.7 Rest of Asia Pacific Snack Pellets Market Revenue and Forecasts To 2030 (US$ Million)
10.1.1.7.1 Rest of Asia Pacific Snack Pellets Market Breakdown by Source
10.1.1.7.2 Rest of Asia Pacific Snack Pellets Market Breakdown by Type
10.1.1.7.3 Rest of Asia Pacific Snack Pellets Market Breakdown by Form
11. COMPANY PROFILES
11.1 Bach Snacks SAL
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 Mafin SRL
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 Noble Agro Food Products Pvt Ltd
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
12. APPENDIX
