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Snack Pellets Market Projected to Reach $ 7 Billion by 2019 – Report by MarketsandMarkets

MarketsandMarkets

(PRWEB) October 24, 2014

The report, “Snack Pellets Market by Type (Potato, Corn, Tapioca, Rice, Mixed Grains, and Others) & Geography – Global Trend & Forecast to 2019”, defines and segments the snack pellets market with analyses and projection of the market size, in terms of value and volume.

The snack pellets market is projected to exceed $ 7 billion, at a CAGR of 5.9% from 2014, to 2019 when Europe projected as the largest market.

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Browse 101 market data tables and 32 figures spread through 231 pages and in-depth TOC on “Snack Pellets Market – Global Trend & Forecast to 2019”.

http://www.marketsandmarkets.com/Market-Reports/snack-pellets-market-34540077.html

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The increasing demand for ready-to-eat snacks and extruded snacks is estimated to increase the demand for snack pellets in the market. The key companies cater to this demand by introducing new products, and upgrading and expansion their facilities. The snacks pellet manufacturers invest in R&D to introduce new ingredient-based snack pellets, infusing them with varied seasoning in different forms and shapes.

The snack pellets market is extremely competitive, with large-scale as well as small- and medium-scale companies. The leading companies are introducing new products to sustain their position and strengthen their global presence. A total of 10 developments were recorded in the market from 2010 to 2014. The globalization in the snacks industry allows the manufacturers to satisfy the demand for snack pellets throughout the world.

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The increasing demand among the consumers for snacks with improved ingredients and flavors has led the snacks manufacturers to adopt new variants of snack pellets as their most preferred strategic approach. The leading snacks pellet companies continuously invest in R&D programs so as to develop new varieties of snack pellets with unique blend of spices, ingredients, flavors, shapes, and textures to cater to the demand for high-quality pellets by snacks manufacturers. Liven S.A. (Spain) was observed to be one of the most active players in the market.

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About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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