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Snack Pellet Equipment Market

Published Date : Jul 2024 | Forecast Year : 2019

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Snack Pellet Equipment Market Size, Share, Industry Trends Segmentation Analysis by Type (Extrusion systems, Frying systems, Baking systems, Seasoning systems) by Application (Potato-based snacks, Corn-based snacks, Multigrain snacks, Vegetable-based snacks) Growth, Demand, Regional Outlook, and Forecast 2024-2032

Report ID: AG986

Published : Jul 2024

Pages : 152

Format : Snack Pellet Equipment Market

REPORT ATTRIBUTEDETAILS
MARKET SIZE (2032)USD 2.08 billion
MARKET SIZE (2023)USD 1.19 billion
CAGR (2023-2029)5.70%
HISTORIC YEAR2019
BASE YEAR2023
FORECAST YEAR2032
BY TYPEExtrusion systems
Frying systems
Baking systems
Seasoning systems
BY APPLICATIONPotato-based snacks
Corn-based snacks
Multigrain snacks
Vegetable-based snacks
GEOGRAPHIC ANALYSISNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa
KEY PLAYERSBühler Group, Clextral, GEA Group, Groupe Legris Industries (Mecatherm), Heat and Control, Kiremko, Baker Perkins, Nordson Corporation, Reading Bakery Systems, Tanis Food Tec, Groupe Cogetro (APV Baker), Rademaker, GEM Equipment of Oregon, Inc., Clextral Inc., TNA Solutions Pty Ltd.

Introduction: - 

The snack pellet Equipment market refers to the sector that produces and markets equipment specifically for the production of snack pellets. Snack pellets are semi-finished products that are later processed into finished snacks such as potato chips, fries and other snack products.

Equipment used in this market includes machines for processing raw materials such as grains, potatoes and vegetables into snack pellets through extrusion, baking and frying. Snack manufacturers then further process these granules (flavor, flavor, formulation) to create a wide variety of snack products.

The food pellet market is influenced by factors such as the demand for convenient and ready-to-eat snacks, innovations in snack food development, and technological advances in manufacturing equipment. It serves a global industry serving both large snack manufacturers and smaller specialty manufacturers.

Key players in the snack pellet market are manufacturers of extruders, fryers, ovens, flavoring systems and other machinery required for the snack pellet production process. Market growth is fueled by trends towards healthier snack options, increased consumption of convenience foods and a growing food industry around the world.

The global Snack Pellet Equipment Market value was 1.19 billion in 2023, it is forecasted to Reach 2.08 billion 2032 with CAGR of 5.70%

Snack Pellet Equipment Market

Size, by Product, - (USD Billion)

Extrusion systems

Frying systems

Baking systems

Seasoning systems

Other Products

18 16 14 12 10 8 6 4 2 0

The Market will Grow

At the CAGR of:

5.70%

The Forecast Market

Size for in USD:

$2.08 billion B

b0d51e3055fd6f23ff6a384a6e091406.svg

Market Overview: -

The snack pellet market is an integral part of the global food industry, offering machines to make snack pellets from a variety of raw materials such as potatoes, grains and vegetables. The main drivers are the growing demand for convenient and healthier snacks, which is driving device technology. Automation plays an important role in increasing production efficiency and ensuring uniform product quality, while aspects of sustainable development guide the development of environmentally friendly equipment solutions.

Geographically, the market spans North America, Europe, Asia Pacific, Latin America and the Middle East and Africa, and each region is influenced by local consumption patterns, regulatory environments and economic factors. The market is characterized by a competitive dynamic between leading manufacturers who are constantly innovating to meet different consumer preferences and industry standards. Overall, the market for snack pellet equipment is expected to grow due to global snacking trends and technological advancements in food processing.

Market drivers: -

Growing demand for prepared foods: The growing preference of customers for easy, ready-to-eat snacks has significantly increased the demand for snack pellets. This development is driven by fast-paced lifestyles and increased demand for food on the go, which directly affects the demand for snack pellets.

Variety of innovations and flavors: Manufacturers are always experimenting with the shape, texture and taste of snacks to appeal to a larger consumer base. This diversity requires innovative and versatile equipment that enables experimentation and new product development, thus leading the snack equipment market.

Health Awareness: Consumer demand for better snacks has led manufacturers to create healthier pellets derived from grains, lentils and multi-grain ingredients. Therefore, food pellet equipment that can effectively process these various components are in high demand.

Top Market Companies: -

  • Bühler Group
  • Clextral
  • GEA Group
  • Groupe Legris Industries (Mecatherm)
  • Heat and Control
  • Kiremko
  • Baker Perkins
  • Nordson Corporation
  • Reading Bakery Systems
  • Tanis Food Tec
  • Groupe Cogetro (APV Baker)
  • Rademaker
  • GEM Equipment of Oregon, Inc.
  • Clextral Inc.
  • TNA Solutions Pty Ltd

    Snack Pellet Equipment Market

    Share, by end user, (USD Billion)

    Analytica Global 1.19 billion%

    Potato-based snacks

    Corn-based snacks

    Multigrain snacks

    Vegetable-based snacks

    Other End-Users

    b0d51e3055fd6f23ff6a384a6e091406.svg

    2.08 billion

    Total Market Size

    USD (Billion),

    5.70%

    CAGR

    -

Key Market trends: -

First, the demand for healthier snacks is increasing, leading to innovations in equipment that can process various ingredients into nutritious and tasty pellets. Second, automation and digitization will transform production lines, increase efficiency, lower labor costs and ensure consistent product quality. In addition, sustainability concerns are driving the development of devices that minimize energy consumption and waste production. Additionally, there is a growing trend toward customization and flexibility in equipment design, allowing manufacturers to produce a wide variety of snack granular shapes, sizes, and textures to meet the diverse preferences of consumers worldwide. Finally, the market has seen increased investment in research and development to create advanced equipment that can meet strict food safety and hygiene standards and ensure compliance with legislative requirements in various regions. Together, these trends reflect a dynamic and innovative landscape that will drive the snacking equipment market forward.

Market Segmentation: -

Types of Equipment:

  • Extrusion systems
  • Frying systems
  • Baking systems
  • Seasoning systems
  • Mixing and blending equipment
  • Cutting and forming equipment
  • Packaging machinery

Applications

  • Potato-based snacks
  • Corn-based snacks
  • Multigrain snacks
  • Vegetable-based snacks

Regions

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

    Snack Pellet Equipment Market

    Size, by Product, - (USD Billion)

    NORTH AMERICA $ 21

    The Market will Grow

    At the CAGR of:

    5.70%

    The Forecast Market

    Size for in USD:

    $2.08 billion B

    b0d51e3055fd6f23ff6a384a6e091406.svg

Regional insights: -

North America: North America, which is known for its high snack consumption, has a high demand for advanced and automated snack equipment. It focuses on health-conscious snacks and convenience, which drives innovation in device technologies.

Europe: Europe emphasizes durability and quality, which influences the development of energy-efficient and environmentally friendly devices. There is also a trend in artisanal and gourmet food production that affects the type of equipment needed.

Asia Pacific: Rapid urbanization and changing lifestyles in countries such as China and India are driving significant growth in the food sector. Equipment demand here focuses on cost-effective solutions that can handle large-scale production and adapt to local tastes.

Latin America: The food market in the region is expanding due to rising disposable income and a preference for convenient snacks. When handling local ingredients such as potatoes and corn, equipment must prioritize flexibility and adaptability.

Middle East and Africa: Emerging markets in this region are experiencing increasing demand for snack pellets due to urbanization and westernization of diet. Equipment trends include investment in modernization and food safety to international standards.

Market restraints: -

The growth of the snack pellet market has been limited by large one-time investments in machinery and product transportation. On the other hand, increasing availability of counterfeit products will challenge the market growth during the forecast period. This snack pellet market report includes information on new recent developments, trade regulations, import and export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities based on of new revenues. pockets, changes in market regulations, strategic market growth analysis, market size, category market growth, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. For more information on the snack pellet market, contact Data Bridge Market Research for an analyst review. Our team will help you make an informed marketing decision to achieve market growth.

Market opportunity: -

Innovations in product development: The dynamic nature of consumer preferences and dietary trends requires constant innovation in food product development. Snack pellet manufacturers are focused on developing devices that support innovations in snack shape, texture and taste. This includes equipment that can process a variety of ingredients and allows rapid adaptation to new product formats and market trends. Device flexibility and adaptability are critical as manufacturers strive to differentiate their products in a competitive market.

End-User Insights: -

End users of the food pellet market prioritize efficiency automation, versatile product range flexibility and adherence to high quality and food safety standards. Durability is becoming more and more important, which increases the demand for environmentally friendly equipment. They value comprehensive support and training and look for innovations that meet market trends, such as healthier snacks and personalization. Understanding these priorities helps equipment suppliers adapt solutions to meet the changing needs of snack manufacturers worldwide, fostering long-term partnerships and market leadership.

Snack Pellet Equipment Market TO (USD BN)

Snack Pellet Equipment Market

CAGR OF

5.70%

Snack Pellet Equipment Market

b0d51e3055fd6f23ff6a384a6e091406.svg
Analytica Global 2.08 billion %

Recent development: -

April 11, 2024 – Swiss technology group Bühler, in partnership with leading Canadian packaging equipment manufacturer Premier Tech, announce the launch of the CHRONOS OMP-2090 B, a fully automatic bagging station. The new bagging station was developed for a wide range of powdery and other non-free-flowing products. It delivers maximum productivity through reliable, fully automatic operation, outstanding bagging accuracy and high product and operational safety.

Frequently Asked Question (FAQ): -

1. How big is the Snack Pellet Equipment Market? 

ANS: The Snack Pellet Equipment Market Size is forecasted to Reach 2.08 billion 2032 with CAGR of 5.70%

2. Who are the key players in Snack Pellet Equipment Market?

Bühler Group, Clextral, GEA Group, Groupe Legris Industries (Mecatherm), Heat and Control, Kiremko, Baker Perkins, Nordson Corporation, Reading Bakery Systems, Tanis Food Tec, Groupe Cogetro (APV Baker), Rademaker, GEM Equipment of Oregon, Inc., Clextral Inc., TNA Solutions Pty Ltd

3. Which is the dominating region in Snack Pellet Equipment Market?

ANSNorth America is the dominating region in Snack Pellet Equipment Market.

Snack Pellet Equipment Market - Global Outlook & Forecast 2024-2029

Analytica Global
Analytica Global
Analytica Global
Analytica Global
Analytica Global
Analytica Global
Analytica Global
Analytica Global
Analytica Global
Analytica Global
Analytica Global
Analytica Global

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