DUBLIN--(BUSINESS WIRE)--The "Snack Pellet Equipment Market Product Type, Form, Equipment Type, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The snack pellet equipment market is estimated at USD 1 billion in 2019 and projected to grow at a CAGR of 5.2%, to reach USD 1.4 billion by 2025.
Due to the growing concerns of snack pellet manufacturers regarding enhanced productivity, the growth of the snack pellet equipment market has remained high in recent years. This is due to the increasing demand for non-expanded snack pellets.
Snack pellet manufacturers use different types of extruders to provide better pellets to their customers. This, in turn, has contributed to the growth of the snack pellet equipment market significantly.
Key Highlights
- The potato-based segment in the snack pellet equipment market is estimated to account for the largest share in 2019
- The die-faced segment to be the fastest-growing segment in the snack pellet equipment market
- The extrusion segment in the snack pellet equipment market is estimated to account for the largest share in 2019
- North America is estimated to account for the largest share in the market in 2019
Topics Covered
1 Introduction
2 Research Methodology
3 Premium Insights
3.1 Opportunities in the Snack Pellet Equipment Market
3.2 Snack Pellet Equipment Market: Key Countries
3.3 Snack Pellet Equipment Market, By Form, 2019 vs 2025 (USD Million)
3.4 Developed vs Developing Markets for Snack Pellet Equipment
3.5 Snack Pellet Equipment Market, By Equipment Type
4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Increase in Adoption for Processed Snack Pellets Due to Busy Lifestyles
4.2.1.2 Rise in Advancement in Equipment & Technologies
4.2.2 Restraints
4.2.2.1 High One-Time Investment in Machinery
4.2.3 Opportunities
4.2.3.1 Government Initiatives to Expand the Processed Snack Pellet Market
4.2.4 Challenges
4.2.4.1 Increase in Availability of Counterfeit Products
5 Snack Pellet Equipment Market, By Equipment Type
5.1 Introduction
5.2 Extrusion/Cooking
5.2.1 Extrusion Dominated the Snack Pellets Equipment Market During the Forecast Period
5.2.2 Single-Screw Extruder
5.2.2.1 The Production Cost of Single-Screw Extruders is Comparatively High Than That of Twin-Screw Extruders
5.2.3 Twin-Screw Extruder
5.2.3.1 Demand for Twin-Screw Extruders is Increasing as They Provide Higher Flexibility Along With Capability to Process A Wide Range of Raw Materials
5.3 Mixing/Forming
5.4 Cutting
5.5 Drying
5.5.1 Dryers are Majorly Used to Reduce the Pellet Moisture, Which are Then Packaged for Later Production Either By Air Puffing Or Microwave Cooking
5.6 Frying
5.6.1 Frying Forms an Important Part in the Snack Pellet Production, Which Helps in Enhancing the Taste and Flavor of the Finished Snack Pellet Products
5.7 Seasoning
5.7.1 in the Snack Pellet Formation, Seasoning Flavors Must Meet the Desired Organoleptic Properties, I.E., It Should Deliver the Desired Flavor With Low Rate Application
5.8 Others
6 Snack Pellet Equipment Market, By Product Type
6.1 Introduction
6.1.1 Potato Based
6.1.1.1 The Easy Availability and Rising Common Preference Among Children Have Accelerated the Market of Potato-Based Snacks
6.1.2 Corn Based
6.1.2.1 The Rising Consumption of Corn-Based Snacks in Developed Countries
6.1.3 Rice Based
6.1.3.1 Increasing Adoption of Rice-Based Products Due to the Easy Availability of Rice and Its Cheaper Production Cost
6.1.4 Tapioca Based
6.1.4.1 Rising Preference for Gluten-Free Food Products Among Consumers
6.1.5 Multigrain Based
6.1.5.1 Increasing Health Cautiousness Among Consumers is Accelerating the Demand for Multigrain Snacks
6.1.6 Others
6.1.6.1 The Rise in Acceptance of New Varieties of Snack Pellets Among Consumers
7 Snack Pellets Equipment Market, By Form
7.1 Introduction
7.2 2D
7.2.1 2D Form Dominated the Snack Pellets Equipment Market During the Forecast Period
7.3 Tridimensional
7.4 Die-Face
8 Snack Pellet Equipment Market, By Region
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Africa
8.7 Middle East
9 Competitive Landscape
9.1 Overview
9.2 Competitive Leadership Mapping, 2017 (Overall Market)
9.2.1 Visionary Leaders
9.2.2 Dynamic Differentiators
9.2.3 Innovators
9.2.4 Emerging Companies
9.2.5 Expansions
9.2.6 Acquisitions
9.2.7 New Product Launches
10 Company Profiles
10.1 Clextral
10.1.1 Business Overview
10.1.2 Products Offered
10.1.3 Recent Developments
10.1.4 SWOT Analysis
10.2 GEA Group
10.3 Buhler AG
10.4 N.P. & Company, Inc.
10.5 Jas Enterprises
10.6 Grace Food Processing & Packaging Machinery
10.7 Kiremko B.V.
10.8 Tsung Hsing Food Machinery Co. Ltd.
10.9 AC Horn Manufacturing
10.10 Jinan Dayi Extrusion Machinery Co. Ltd.
10.11 Mutchall Engineering Pvt. Ltd.
10.12 Radhe Equipments India
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