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Snack Pellets Market : New Revenue Pockets
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.
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.
Snack Pellets Market by Type (Potato, Corn, Rice, Tapioca, Mixed Grain and Others) & by Geography - Global Trends and Forecasts to 2019
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