The global Snack Pellet Equipment market was valued at USD 957.5 Million in 2018 and is expected to reach USD 1505.8 Million by the year 2026, at a CAGR of 5.8 %. Expansion, flavoring, bagging, packaging are the four crucial stages in the snack pellet manufacturing. Cooker extruder, former extruder, rotary former, laminating rollers, shaking pre-drier, dryer, and cooler are some of the equipment used in snack pellet manufacturing. Manufacturers of snack pellets provide different pellets to customers using extruders. Extruders are available in two forms, namely, single screw extruders and twin-screw extruders. Single screw extruder production cost is relatively higher than the twin-screw. Demand for twin-screw is high and is continuing to increase during the forecast period; pertaining to its greater flexibility and ability to process a wide range of raw materials. Square grille, star, round grille, and rectangles with color strips of bacon imitation are some of the variations in shapes made available by the market players.
Focus on higher productivity and increased palatability by the manufacturers is a driving factor to the market. Rising demand for healthier snack food is propelling the snack pellet equipment market. Also, government initiatives to endorse snack pellets manufacturing is an opportunity for manufacturers to tap the immature markets.
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Key participants include Clextral (France), GEA Group (Germany), Buhler AG (Switzerland), N.P. & Company, Inc. (Japan), Kiremko B.V. (Netherlands), JAS Enterprises (India), Grace Food Processing & Packaging Machinery (India) among others.
For the purpose of this report, Reports and Data has segmented the Snack Pellet Equipment market on the basis of equipment type, product type, form and region:
Equipment (Revenue in Million USD; 2016–2026)
• Single-Screw Extruder
• Twin-Screw Extruder
Product (Revenue in Million USD; 2016–2026)
Form (Revenue in Million USD; 2016–2026)
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Along with the basic information, the report also offers insights into marketing strategies readily adopted by the key manufacturers for the endorsement of their products. The report offers significant data pertaining to development trends and market position to offer deeper insights into targeted clients, brand promotions, and pricing analysis. The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.
The report explains the market share and sales volume of each company, along with the key details of the operations of these companies. The report further offers extensive coverage of their product portfolio, business expansion plans, gross profit margins, revenue contribution, investment plans, and financial standings. The report also covers the strategic alliances observed within these key companies such as mergers and acquisitions, joint ventures, corporate and government deals, partnerships and agreements, and brand promotions and product launches.
Table Of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. Government initiatives to support processed snack pellet production
Chapter 4. Snack Pellet Equipment Segmentation & Impact Analysis
4.1. Snack Pellet Equipment Segmentation Analysis
4.2. Snack Pellet Equipment Market Value Chain Analysis, 2016-2026
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Furthermore, the research study gives additional insights into the companies’ regional presence through extensive regional analysis. The regional analysis covers the key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The regional analysis segment covers details about the market share held by each region along with the prospective growth opportunities and revenue generation. The report also offers a projection of the growth rate for each region in the entirety of the forecast timeline. It also offers a country-wise analysis to impart a better understanding of the industry.
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