Snack Pellet Equipment Market Size, Share, Growth Report 2030

Snack Pellet Equipment Market

Snack Pellet Equipment Market – By Form (Tridimensional, 2D, and Die-Faced), By Product Type (Corn-Based, Potato-Based, Tapioca-Based, Rice-Based, and Multigrain-Based), By Equipment Type (Mixing, Extrusion, Drying, Cutting, Seasoning, and Frying), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-4422 Published Date: Mar-2021 Status : Published

Global Snack Pellet Equipment market, estimated at 1.2 (USD Billion) in 2019 and expected to generate 1.5 (USD Billion) by 2025,CAGR at around 5.5% from 2019 to 2025.

Introduction

The global Snack Pellet Equipment market, which was estimated at about 1.2 (USD Billion) in 2019 and is predicted to accrue earnings worth 1.5 (USD Billion) by 2025, is set to record a CAGR of nearly over 5.5% during 2019-2025. The report offers valuation and analysis of Snack Pellet Equipment market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Global Snack Pellet Equipment Market SizeRequest Free Sample

Snack Pellet Equipment Market: Outlook

Snack pellets are ready-to-eat snacks. Additionally, these food products are made up from many kinds of grains including tapioca, corn, potatoes, wheat, vegetables, and rice. Furthermore, snack pellets are semi-furnished food items that are usually sold to producers of snacks. In addition to this, snack pellets are prepared by using myriad methods including frying and hot air baking along with adding variety of taste ingredients for producing ready-to-eat diet.

Report Scope:

Report Attributes Report Details
Report Name Snack Pellet Equipment Market Research Report
Market Size in 2019 1.2 (USD Billion)
Market Forecast in 2025 1.5 (USD Billion)
Compound Annual Growth Rate CAGR of 5.5%
Number of Pages 110
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Kiremko B.V., Jinan Dayi Extrusion Machinery Co., Ltd., JAS Enterprises, GEA Group, Clextral, N.P. & Company, Inc., Radhe Equipments India, Buhler AG, Tsung Hsing Food Machinery Co., Ltd., AC Horn Manufacturing, Grace Food Processing & Packaging Machinery, and Mutchall Engineering Pvt. Ltd.
Segments Covered By Type,By end-user, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Snack Pellet Equipment Market: Growth Drivers

With hectic lifestyles and busy work schedules, the snack pellet equipment industry is anticipated to expand the growth of snack pellet equipment industry over the forecast timespan. Apart from this, surge in the launch of new technologies and need to introduce innovations in equipment will favorably leverage the expansion of snack pellet equipment industry over the years to come. Furthermore, escalating need of myriad kinds of snack pellet food items across the emerging economies will create lucrative growth avenues for snack pellet equipment market in the forthcoming years. Favorable government schemes supporting production of processed snack pellets will push the expansion of snack pellet equipment industry in the ensuing years.

Moreover, growing popularity of convenience food and need for processed food will interpret the growth of snack pellet equipment industry in the years ahead. With a steep surge in the working female populace in Third World countries as well as developed nations, there is a humungous demand for ready-to-eat food. This, in turn, will enlarge the scope of snack pellet equipment industry in the years ahead. An immaculate rise in health awareness along with growing food safety concerns will amplify the popularity of lightweight snack food such as snack pellets. This will proliferate the expansion of snack pellet equipment industry in the years ahead.

Asia Pacific Industry To Accrue Optimum Gains Over 2019-2025

The expansion of snack pellet equipment industry in Asia Pacific zone over the forecast timeline is owing to rise in the awareness about the benefits of consuming the products. Ostensibly, rise in the potato production in the subcontinent and massive demand for food products manufactured from potatoes in the countries such as India will proliferate the product penetration in Asian countries. This will further spearhead the expansion of snack pellet equipment industry in Asia Pacific over the ensuing years.

Key participants profiled in the study include Kiremko B.V., Jinan Dayi Extrusion Machinery Co., Ltd., JAS Enterprises, GEA Group, Clextral, N.P. & Company, Inc., Radhe Equipments India, Buhler AG, Tsung Hsing Food Machinery Co., Ltd., AC Horn Manufacturing, Grace Food Processing & Packaging Machinery, and Mutchall Engineering Pvt. Ltd.

The global snack pellet equipment market is segmented as follows:

By Equipment

  • Extrusion
  • Mixing
  • Cutting
  • Drying
  • Frying
  • Seasoning
  • Others (cooling & punching)

By product

  • Potato-based
  • Corn-based
  • Rice-based
  • Tapioca-based
  • Multigrain-based
  • Others (cereal grains (other than rice and maize), legumes, and vegetables (other than potatoes))

By form

  • 2D
  • Tridimensional
  • Die-face

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Snack Pellet Equipment industry is touted to expand the over the forecast period with hectic lifestyles and busy work schedules. Apart from this, surge in the launch of new technologies and need to introduce innovations in equipment will favorably leverage the expansion of snack pellet equipment industry over the years to come. Furthermore, escalating need of myriad kinds of snack pellet food items across the emerging economies will create lucrative growth avenues for snack pellet equipment market in the forthcoming years. Favorable government schemes supporting production of processed snack pellets will push the expansion of snack pellet equipment industry in the ensuing years. Moreover, growing popularity of convenience food and need for processed food will interpret the growth of snack pellet equipment industry in the years ahead.

According to Zion Market Research report, the global Snack Pellet Equipment market, which was estimated at about 1.2 (USD Billion) in 2019 and is predicted to accrue earnings worth 1.5 (USD Billion) by 2025, is set to record a CAGR of nearly over 5.5% during 2019-2025.

Asia Pacific Snack Pellet Equipment Market is projected to record highest CAGR over 2019-2025 owing to rise in the awareness about the benefits of consuming the products. Ostensibly, rise in the potato production in the sub-continent and massive demand for food products manufactured from potatoes in the countries such as India will proliferate the product penetration in Asian countries. This will further spearhead the expansion of snack pellet equipment industry in Asia Pacific over the ensuing years.

The key players profiled in the report include Kiremko B.V., Jinan Dayi Extrusion Machinery Co., Ltd., JAS Enterprises, GEA Group, Clextral, N.P. & Company, Inc., Radhe Equipments India, Buhler AG, Tsung Hsing Food Machinery Co., Ltd., AC Horn Manufacturing, Grace Food Processing & Packaging Machinery, and Mutchall Engineering Pvt. Ltd.

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