Press release
Snack Pellet Equipment Market Expected to Surpass USD 1505.8 Million by 2026 with Major Players as Clextral, GEA Group, JAS Enterprises, etc.
According to the current analysis of Reports and Data, 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 %.The global Snack Pellet Equipment market is highly fragmented with major players like 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, that collectively constitute a competitive market
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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.
The high initial cost associated with the snack pellet equipment and its installment is a major market restraint.
Further key findings from the report suggest
o Dry dust applicators, spray applicators, and slurry applicators are the types of equipment used for dry flavor application. Scarf plate dispensers and electrostatic systems are also used for the purpose.
o The multigrain product type segment is expected to witness the highest growth at a CAGR of 6.3 % during the forecast period
o Raw materials used in food pelleting manufacturing receive and clearing, crushing system, mixing system, pelleting system, cooling system, screening system, and packaging system
o Hot air expansion method is gaining widespread acceptance due to avoidance of oil in cooking and reduction in the formation of acrylamide which is a common cause of heart disease
o Palletized snacks are produced when the raw material is extruded into a recognizable shape, this can be done using a process known as direct expansion or alternatively using a process known as indirect expansion. The direct expanded pellets are produced in a one step extruder and are ready for consumption following the extrusion process.
o 3D pellet snacks processing machines are generally used for double layer composite food by single extrusion process. The raw materials used are potato, potato starch, powder, corn starch, corn flour, etc. The raw material is squeezed through an extrusion and molded into desired shapes by the molder.
o Fryer equipment is available in different forms for specific applications. Some of the frying equipment are batch fryers, continuous fryers, multi-zone fryers, multi-stage fryers, vacuum fryers, etc...Continued
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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)
o Extrusion/Cooking
o Single-Screw Extruder
o Twin-Screw Extruder
o Mixing/Forming
o Cutting
o Drying
o Frying
o Seasoning
o Others
Product (Revenue in Million USD; 2016-2026)
o Potato-Based
o Corn-Based
o Rice-Based
o Tapioca-Based
o Multigrain-Based
o Others
o Cereals
o Legumes
Form (Revenue in Million USD; 2016-2026)
o 2D
o Tridimensional
o Die-Faced
o Laminated
o Gelatinized
Regional Outlook (Revenue in Million USD; 2016-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)
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In conclusion, the Snack Pellet Equipment Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.
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