Snack Pellet Equipment Market by Product Type, Form, Equipment Type, Region - 2025

1. MarketsandMarkets™ Presents Snack Pellet Equipment Market - Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/snack-pellet-equipment-market-136666490.html

2. The report "Snack Pellet Equipment Market Product Type (Potato-Based, Corn-Based, Rice-Based, Tapioca-Based, Multigrain-Based), Form (2D, Tridimensional, Die-Faced), Equipment Type (Extrusion, Mixing, Cutting, Drying, Frying, Seasoning), and Region - Global Forecast to 2025" The snack pellet equipment market is estimated to account for nearly USD 1.0 billion in 2019 and is projected to reach a value of nearly USD 1.4 billion by 2025, recording a CAGR of 5.2% from 2019. Due to busy lifestyles and professional commitments, individuals have limited time to prepare food at home. The snack pellet market is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, increasing consumer preference for processed foods indirectly contributes to the growing demand for snack pellets as they require less time and efforts to prepare. This, in turn, is projected to drive the growth of the snack pellet equipment market. Browse 47 market data Tables and 33 Figures spread through 118 Pages and in-depth TOC on "Snack Pellet Equipment Market - Global Forecast to 2025“ The Asia Pacific is projected to witness the fastest growth during the forecast period. Population growth, rapid urbanization, and the rise in consumer awareness about the benefits of snack pellet are key factors driving the demand for snack pellet equipment in the region. The region is the third-largest potato producer in the world. Potato production has rapidly increased in the last two decades due to the expansion of the land area in the Indo-Gangetic Plains. Due to these factors, consumption has also increased in parallel with the increasing popularity and demand as a vegetable in urban diets. In addition, the growing preference for Western fast food products has also led to a surge in demand for potatoes in the country. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136666490

3. The years considered for the study are as follows: • Base year: 2018 • Projected year: 2025 • Forecast period: 2019 - 2025 • By product type, the potato-based segment is estimated to account for the largest share in the snack pellet equipment market in 2019. • On the basis of product type, the potato-based segment is estimated to dominate the snack pellet equipment market in 2019. This is due to the increasing consumer preference for convenience foods, which indirectly drives the increasing demand for snack pellets products, as they require less time and efforts. Currently, snack pellet manufacturers are focusing on adopting advanced technologies and offering GM potatoes to drive the demand for potato pellets. GM potatoes are protein-packed potatoes with approximately 35%–60% protein content, which makes it more preferable. • The snack pellet equipment market is projected to witness strong growth due to theincreasing advancements in equipment and technologies. • Earlier, snack pellet manufacturers used different extruders for making pellets based on various raw materials that have different characteristics and cooking time. However, with the upgradation and automation, snack pellet manufacturers are adopting extrusion systems that produce three-dimensional pellets, thus providing better end products to its customers. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=136666490

4. Key Market Players: • Key players in this market 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), Tsung Hsing Food Machinery Co., Ltd. (Taiwan), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India), and Radhe Equipments India (India). These players are focusing on improving their presence by undertaking new acquisitions and developing products specific to the requirements of consumers and their preferences. These companies have a strong presence in Europe and the Asia Pacific. They have also set up manufacturing facilities in various regions and have strong distribution networks. • Recent Developments: • In November 2017, GEA (Germany) acquired Pavan Group (Italy) to expand in the snack pellet equipment market and increase their market share. • In December 2016, Clextral launched EVOLUM+ twin-screw extruders, which is equipped with advanced technology and provides high flexibility and control for developing high product quality and stability. • In May 2013, Kiremko BV expanded its French-fries production facility by new building a, which is a French fries production line in Belgium. It has a capacity of nearly 16 ton/hr of French fries with a fast-food specification. • Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=136666490

5. Scope of the Report: • On the basis of product type, the snack pellet equipment market has been segmented as follows: • Potato-based • Corn-based • Rice-based • Tapioca-based • Multigrain-based • Others (cereal grains (other than rice and maize), legumes, and vegetables (other than potatoes)) • On the basis of form, the snack pellet equipment market has been segmented as follows: • 2D • Tridimensional • Die-face • On the basis of region, the snack pellet equipment market has been segmented as follows: • North America • Europe • Asia Pacific • Africa • Middle East • South America

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