#Snack Pellet Equipment Market GROWTH

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Snack Pellet Equipment Market to Showcase Continued Growth in the Coming Years

The snack pellet equipment market, in terms of value, is estimated to account for nearly USD 1.0 billion in 2019 and projected to grow at a CAGR of 5.2% to reach nearly USD 1.4 billion by 2025. This is due to the rising demand for extruded snacks globally. Snack pellets are non-expanded intermediate products that are usually produced through the extrusion process using various raw materials such as potato, corn, tapioca, and rice. The extruder is the main piece of equipment that is used to press the raw material and produce pellets. The key snack pellet manufacturers are also adopting new technologies for the production of snack pellets, which include single-screw extrusion, twin-screw extrusion, and co-extrusion. These processes aid in the manufacturing of snack pellets that are of various shapes, textures, and sizes. However, the technological advancements in snack pellet equipment to produce 3D pellets have also led to an increase in production capacity in a short time, thus driving market growth.

Some of the Prominent Key Players are:

Clextral (France)

GEA Group (Germany)

Buhler AG (Switzerland)

N.P. & Company Inc. (Japan)

Kiremko B.V. (Netherlands)

Grace Food Processing & Packaging Machinery (India)

Tsung Hsing Food Machinery Co., Ltd. (Taiwan)

AC Horn Manufacturing (US)

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What is snack pellet equipment?

Snack pellet equipment refers to machinery and tools used in the production of snack pellets. Snack pellets are small, semi-finished products made from various ingredients like potato starch, cereals, or other grains. These pellets are then further processed through frying, baking, or extrusion to create a wide variety of finished snacks like chips, crisps, puffs, and more. The equipment involved includes extruders, pelletizers, dryers, fryers, and seasoning systems, among others, to produce these snack pellets efficiently and in large quantities for commercial purposes.

The Asia Pacific market is projected to grow at the highest CAGR during the forecast period.

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. This, in turn, is driving the fragmented snack pellets market in the region, which is projected to contribute to the growth of the market.

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Key questions addressed by the report:

What are the new trending products that the snack pellet equipment companies are exploring?

Which are the key players in the market, and how intense is the competition?

What are the upcoming growth trends that snack pellet equipment manufacturers are focusing on in the future?

What are the high-growth opportunities in the market for each segment?

What are the key growth strategies adopted by major market players in the snack pellet equipments market?

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Snack Pellet Equipment Market Overview & Potential Growth Opportunities 2027

Increasing adoption for processed snack pellets due to busy lifestyles is driving the demand for snack pellet equipment market. Furthermore, the rise in advancement in equipment & technologies of snack pellet is also projected to influence the snack pellet equipment market significantly. Moreover, the growing demand for various type of snack pellet food products among the individual in the developing nations is expected to fuel the snack pellet equipment market. Emerging, government initiatives to expand the processed snack pellet market, is anticipated to generate untapped opportunity for the market participants.  The "Global Snack Pellet Equipment Market Analysis to 2027" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of snack pellet equipment market with detailed market segmentation by equipment type, product type, form and geography. The global snack pellet equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading snack pellet equipment market players and offers key trends and opportunities in the market.

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KEY PLAYERS

AC Horn Manufacturing

Clextral S.A.S.

GEA Group AG

Grace Food Processing & Packaging Machinery.

Jas Enterprises.

Kiremko BV

NP & Company, Inc. Uno Building

Radhe Equipments India

The Bühler Holding AG

TSUNG HSING FOOD MACHINERY CO., LTD.

MARKET SEGMENTATION

 The global snack pellet equipment market is segmented on the basis of equipment type, product type and form. Based on equipment type, the market is segmented into extrusion/cooking, mixing/forming, cutting, drying, frying, seasoning and others. On the basis of the product type the market is segmented into potato-based, corn-based, rice-based, tapioca-based, multigrain-based and others. On the basis of the form the market is segmented into 2d, tridimensional and die-face.

 REGIONAL FRAMEWORK The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global snack pellet equipment market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The snack pellet equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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https://www.databridgemarketresearch.com/reports/global-potato-based-snack-pellet-equipment-market

[supermarkettrends]

Snack pellet equipment market is expected to grow at a USD 1.8 billion at a growth rate of 5.50% in the forecast period 2020 to 2027. Snack pellets are semi-finished products which are either cooked by frying or by hot air expansion.

[suhana333kapoor-blog]

Changing Consumer Preferences, as A Result of Growth in the Economy, are Driving the Market for Snack Pellets

The report “Snack Pellets Market by Type (Potato, Corn, Rice, Tapioca, Multigrain), Form (Laminated, Tridimensional, Die-face, Gelatinized), Technique (Twin-screw extruder, Single-screw extruder), Flavor (Plain, Flavored, Nutritional), and Region – Global Forecast to 2023“, published by MarketsandMarkets™. The snack pellets market is projected to reach about USD 2.5 billion by 2023. The snack pellets market is estimated to account for about USD 2.0 billion in 2018 and is projected to reach a value of about USD 2.5 billion by 2023, growing at a CAGR of 5.3% from 2018. The demand for snack pellets is growing due to the increasing adoption of the rise in on-the-go consumption has encouraged the savory snack manufacturing industry to produce new products that could meet these rising demands from the working-class consumers. In addition to this, the growing focus on facility expansion, marketing schemes, and information exchange programs for creating awareness to enhance the consumption of snack pellets have contributed to the growth of the market.

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By type, the potato segment is estimated to account for the largest share in the snack pellets market in 2018.

On the basis of type, the potato segment is estimated to dominate the snack pellets market in 2018. Potato starch is the most widely used ingredient in the production of snack pellets. Potato starch, to obtain extruded snacks with the desired texture and properties, is used in the rice meal. Potato-based snack pellets are widely consumed due to their long shelf-life, low-cost transport, easy availability, and storage convenience. It also offers high bulk density, various flavors, and choices for consumers of all age groups.

Browse and in-depth TOC on “Snack Pellets Market“ 95 – Tables 38 – Figures 145 – Pages

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The snack pellets market is witnessing a strong growth due to the increasing usage of twin-screw extruders in the snack industry.

Twin-screw extruders consist of two intermeshing and co-rotating screws mounted on splined shafts in a closed barrel. This equipment offers numerous advantages over single-screw extruders. As a result, these extruders witness an increasing demand from various manufacturers in the food processing industry. Twin-screw extruders have various possible configurations for producing different shapes of snack pellets with the help of counter-rotating screws, as compared to the single-screw extruders. These extruders also offer various advantages, such as extrusion of heat-sensitive products, rapid mixing characteristics, and reduced volatilization of flavors, to end users.

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Europe is estimated to dominate the snack pellets market in 2018.

Europe is estimated to account for the largest market share for snack pellets in 2018. Because of the abundant availability of raw materials and the presence of a strong food processing industry, Europe holds the largest share of the snack pellets market, in terms of both volume and value. Additionally, snacks made from potatoes are highly preferred by consumers. These factors are responsible for the largest share of potato-based snack pellets in the region.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the snack pellets market. It includes the profiles of the leading companies such as Limagrain Céréales Ingrédients (France), Liven S.A. (Spain), Grupo Michel (Mexico), Leng d Or S.A. (Spain), and Pellsnack-Products GmbH (Germany).

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[sweetyiarc]

Snack Pellet Equipment Market Size Forecast to Reach $1.67 Billion by 2026

The Snack Pellet Equipment Market size is forecast to reach $1.67 billion by 2026, growing at a CAGR of 5.49% during the forecast period 2021-2026. Snacks pellet are considered as intermediate non expanded products. They are produced from raw material such as cereals, potato or vegetable powder. This semi- finished product is further expanded by the snacks vendors and manufacturers by using different snack pellet equipment such as cooking, laminating, frying, pre drying and cooling to form the final ready to eat snacks. As consumer preference is increasing towards the ready to eat snacks food which in turn is accelerating the growth of snack pellet equipment’s. The changing work culture of people across various regions and the manufacturing of convenience processed food such as snack granules is further set to enhance the growth of overall market for the Snack Pellet Equipment Market during the forecast period 2021-2026.

Snack Pellet Equipment Market Segment Analysis - By Product Type

The Multigrain held the largest share in the Snack Pellet Equipment Market in 2020 and is estimated to grow at a CAGR of 6.17% during the forecast period 2021-2026. Multigrain pellets are fat free product with high fibre content. They are used for mainly used as puffing ingredient to prepare popped chips, crunchy snacks, cookies and puffed cakes. Its high on nutritional content has increased its popularity amongst the consumers. Also, the enhanced taste such as crunchiness added with different flavours have also surged the demand for multigrain granule snack products. Earlier single grain types were already in use which constrained the dietary benefits thereby surging the demand for multigrain in order to enjoy the overall wellbeing along with great taste. Multi-grain is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2021-2026.

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Snack Pellet Equipment Market Segment Analysis - By Equipment

Extrusion segment held the largest share in the Snack Pellet Equipment Market in 2020. As manufacturing industry requires high quality equipment’s for their production line in order to satisfy the demands of the consumers. The advancement in technology is helping the manufacturers to focus on the improved versions of extrusion equipment’s such as the twin screw extruder. It is surging the demand by manufacturers owing to various advantages such as enhanced productivity, low cost and flexibility. Extrusion Equipment are set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2021-2026. Snack Pellet Equipment Market Segment Analysis - By Geography

North America is anticipated to dominate the Snack Pellet Equipment Market in 2020 with a share of 38.67%, owing to various factors which includes the surge in demand towards ready to eat products and the presence of well-established manufacturers which will help to increase the production capabilities of the snack pellets in order to fulfil the rising consumer demand. Thus, North America is estimated to grow at a higher CAGR during the forecast period 2021-2026.

Snack Pellet Equipment Market Drivers

The shifting consumer preference towards ready to eat snacks

The changing consumer preferences and lifestyle is driving the market for snacks pellet equipment. The growing consumption of healthy diet is further propelling the demand for multi-grain granules thereby increasing the demand for snack pellet equipment’s. In addition, the tight working schedules of consumer have increased the popularity of convenience food among consumers will further help in expanding the snack pellet equipment market. Along with increasing consumer food safety concerns are also fueling the market growth as snack pellet equipment’s are hygienically manufactured in large quantities. Also, the easy availability of raw material is driving the production, easy and transportation of snack pellets. Thus, increasing the growth of the Snack Pellet Equipment Market during the forecast period 2021-2026.

Technological advancement in the snack pellet technology

The advancement in technology is further driving the demand for snack pellet equipment market. As the surge in demand is propelling the ready to eat segment, the demand for high quality snack production is also on rise. For high quality production, manufacturers are focusing are utilizing improves extrusion technologies with improved screw such as twin screws. Screws form the crucial part in evaluating the designing step of the extrusion process. The new improved technology are fueling the demand for snack pellet equipment by providing various advantages such as promoting cost effective production with greater flexibility in forming shapes and tastes. Thus, increasing the growth of the Snack Pellet Equipment Market during the forecast period 2020-2026.

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Snack Pellet Equipment Market Challenges

High investment and maintenance costs of snack pellet equipment’s

Some of the factors that are set to impede the growth of the Snack Pellet Equipment Market includes the high investment and maintenance cost of the installed equipment’s for manufacturers in producing snacks. Along with presence of many small companies results in limiting the quality maintenance and approvals hinders the market growth for the snacks pellet equipment market.

Snack Pellet Equipment Market Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Snack Pellet Equipment Market. In 2020, the Snack Pellet Equipment Market share is consolidated by the top ten players present in the market. Snack Pellet Equipment Market, the top 10 companies are Clextral, GEA Group, Buhler AG, N.P and Company Inc., Jas Enterprise, AC Horn Manufacturing, Grace Food Processing and Packaging Industry, Mutchall Engineering Pvt Ltd,Kiremko B.V., Jinan Dayi Extrusion Machinery Co. Ltd.

Acquisitions/Product Launches

In Nov 2020, Clextral, participated in ESA Chips and snacks production course from 2nd Nov to 13th Nov 2020.The event promoted the opportunity towards discovering the snack production from raw material to formed products. Through this event Clextral aimed to promote its twin-screw extrusion technology to the attendees thereby promoting the knowledge on how it works and how it improves the production capabilities to meet the consumer demand.

Key Takeaways

North America is anticipated to dominate the Snack Pellet Equipment Market in 2020 owing to several factors such as increasing consumption of convenience food along with the presence of established manufacturers which will further help in increasing the production facilities in order to meet the growing demand for snacks. The Snack Pellet Equipment Market scope for different regions will be provided in the final report.

The surge in demand for convenience-based snacks such as snack granules and increasing technology advancement in equipment’s production in order to fulfil the rising demand of the consumers is likely to aid in the market growth of the Snack Pellet Equipment Market.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Snack Pellet Equipment Market report.

High investment and maintenance cost of the Snack Pellet Equipment is poised to create hurdles for the Snack Pellet Equipment Market.

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[ananya5400]

Latest Regulatory Trends Impacting the Snack Pellet Equipment Market

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.

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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. This, in turn, is projected to drive the growth of the snack pellet equipment market.

The snack pellet equipment market is projected to witness strong growth due to the increasing 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. Moreover, advanced manufacturing processes enhanced the bulk production capacity and shelf life of pellets, prior to frying or puffing. In addition, these improvements in the manufacturing process offer advantages such as innovative designs and capital cost reduction, which is projected to contribute to the market growth.

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North America is estimated to dominate the snack pellet equipment market in 2019.

North America is estimated to account for the largest market share in the snack pellet equipment market in 2019. The North American region witnesses the presence of various established snack pellet manufacturing companies that are increasing their production capacity due to the rising demand for ready-to-eat snacks. This is projected to create an opportunity for manufacturers in the snack pellet equipment market to expand in North America. Busy lifestyles of consumers reduce the time available for homemade snacks; this increases the demand for convenience foods. In addition, increasing health consciousness and concerns for food safety have encouraged the production of light and convenient snack foods such as snack pellets. These factors are projected to drive the snack pellet equipment market during the forecast period.

This report includes a study of marketing and development strategies along with the product portfolios of the leading companies in the snack pellet equipment market. It also includes the profiles of leading companies such as 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).

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Snack Pellet Equipment Market Industry Overview ,Key Factors ,Competitive Dynamics & Global Outlook By 2027

Snack Pellet Equipment Market Overview:

Snack Pellet Equipment Market: Report Scope the latest industry report on the global Snack Pellet Equipment market assesses the opportunities and current market landscape, offering insights and updates on the corresponding segments for the forecasted period of 2021-2027. The report contains a complete analysis of major market dynamics as well as detailed information on the global Snack Pellet Equipment market's structure. This market research report provides unique insights into how the global Snack Pellet Equipment market is expected to grow from 2021 to 2027.

The primary goal of the Snack Pellet Equipment market research is to provide detailed information on market opportunities that are assisting in the transformation of global Snack Pellet Equipment enterprise. Report  provide projected growth rates along with the compound annual growth rate (CAGR) for forecasted period to enable readers to better understand the monitoring and assessment of the global Snack Pellet Equipment market, as well as to discover lucrative opportunities in the market.      

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Market Scope:

Maximize Market Research, report provide overall market insights for manufacturers, suppliers, distributors, and investors in the global Snack Pellet Equipment market. The information and data offered in the report may be used by all stakeholders in the global Snack Pellet Equipment market, as well as industry professionals, researchers, journalists, and business researchers.

Maximize Market Research, report provides a unique research approach to conduct detailed research on the global Snack Pellet Equipment market and make conclusions on the market's future growth factors. Primary and secondary research methodologies are combined in the research approach to assure the authenticity and validity of the conclusions in this report.

The report discusses the Snack Pellet Equipment market's drivers, restraints, opportunities, and challenges. The research helps to identify the market growth drivers and determining how to utilize these factors as strengths. Restraints can assist readers in identifying traits that are restricting the Snack Pellet Equipment market, as well as reducing them before they become an issue.  This will assist readers in comprehending the aspects that will influence your ability to capitalise on possibilities.

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Key Players:

• GEA Group • Buhler AG • Kiremko BV • Groupe Legris Industries • N.P. & Company • Jas Enterprises • Grace Food Processing & Packaging Machinery • AC Horn Manufacturing • Mutchall Engineering • Radhe Equipments India • Tsung Hsing Food Machinery • Jinan Dayi Extrusion Machinery • Clextral • SUMPOT • Pres-On • balance foods llc

The competitive landscape shows the market share of major key competitors, as well as their key development plans and current financial performance over the previous five years. This information is anticipated to help businesses understand their competitors on a global level. Furthermore, the reports feature company profiles, product offers, critical financial data, country-level research, and a synthesis of demand and supply variables that influence market growth.

Regional Analysis:

Geographically, Snack Pellet Equipment market report is segmented into several key regions are as follows,

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

North America (the United States, Mexico, and Canada.)

South America (Brazil etc.)

The Middle East and Africa (GCC Countries and Egypt.)

Furthermore, the study covers market size, growth rate, import and export, as well as country-level analysis, integrating the demand and supply forces of the Snack Pellet Equipment market in these countries, which are impacting market growth.

COVID-19 Impact Analysis on Snack Pellet Equipment Market:

COVID-19's global influence on the Snack Pellet Equipment market was examined in this research. During this crisis, the report examines the Snack Pellet Equipment market's alternatives, demanding conditions, and difficult possibilities in detail. In terms of funding and market expansion, the paper briefly examines the COVID-19's merits and limitations. The study also contains a set of concepts that should aid readers in developing and planning company strategies.

The report considers consultations to overcome past disruptions and foresees potential ones in order to improve preparation. Businesses can use the frameworks to design their strategic alignments in order to recover from such disruptive trends. Maximize Market Research analysts can also assist readers in breaking down a complex circumstance and bringing resiliency to a situation that is uncertain.

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Snack Pellets Market Growth Analysis, Demand, Size, Share, Scope & Forecast To 2026

According to the current analysis of Reports and Data, the global Snack Pellets Market was valued at USD 1.97 Billion in 2018 and is expected to reach USD 2.94 Billion by year 2026, at a CAGR of 5.1%. With rapidly changing consumer lifestyles, the demand for processed and convenience foods is rising. The increase in disposable incomes is further boosting the consumer spending on food consumption and establishing a healthy snacking trend in the market.

The report offers a thorough analysis of the regions with regards to production and consumption patterns, supply and demand dynamics, import/export, technological and product advancements, current and emerging trends, consumer demands, consumer behavior shifts, and presence of key market players in each region. The report also covers a comprehensive country-wise analysis to impart better understanding of the scope and growth of the market.

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Key Players:

Intersnack Group GmbH and Co. KG, J.R. Short Milling, Limagrain Cereales Ingredients, Mafin, Liven S.A., Van Marcke Foods, Grupo Industrial Michel, Bach Snacks, Leng-d'Or, Balance Foods, Inc., LE Caselle, Pasta Foods Ltd., Quality Pellets A/S, Chhajed Foods Pvt. Ltd., Pellsnack-Products GmbH, Noble Agro Foods

Further key findings from the report suggest-

The multigrain category under the     type segmentation is the most prominent within the market. The segment is     growing because of rising consumer focus on healthy snacking and low-fat     content in snacks.

By form, the gelatinized segment     held the largest market share in 2018. It is expected to dominate the     market because of its benefits over other forms of pellets, such as a     uniform thickness.

The die-face segment is expected to     record the fastest growth during the period of forecast. The reason behind     the fast-paced growth is the scope of diversity and creativity in offering     new shapes and textures to snacks.

By technique, the single-screw     extruder segment is expected to register the largest share in this market.     Single screw extruders enable production of complex extruded snack food     products, that are witnessing a high demand.

The twin-screw extruder segment is     expected to register a modest rate of growth due to increasing     applicability and enhanced technical ability to produce different shapes     of snack pellets.

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Market Segmentation:

Type (Revenue, USD Million; 2016–2026)

Potato

Corn

Rice

Tapioca

Multigrain

Others

Form (Revenue, USD Million; 2016–2026)

Laminated

Tridimensional

Die-Face

Gelatinized

Flavour (Revenue, USD Million; 2016–2026)

Plain

Flavored

Nutritional

Technique (Revenue, USD Million; 2016–2026)

Single-Screw Extruder

Twin-Screw Extruder

Regional Outlook (Revenue in USD Million; 2016–2026)

 US

 Canada

 Germany

 France

 UK

 Spain

 Italy

 Rest of the Europe

 China

 India

 Japan

 Rest of Asia-Pacific

 Brazil

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Key questions answered:

·         Which of these regions – North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, dominates market share?

·         What is the outcome of the COVID-19 Impact Analysis performed in the report?

·         What are the revenue estimations for every region in the Snack Pellets market?

·         What is the current market valuation of each region and the estimated market size by the end of the forecast period?

·         What is the projected growth rate of the global Snack Pellets market?

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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[jenmichel]

The Snack Pellet Equipment Market is estimated to grow at CAGR 3% during the forecast period 2021-2026.

 The snack pellet segment is driven by the increasing need for convenience foods due to the busy lifestyles of consumers. Thus, the increasing consumer preference for processed foods contributes to the growing demand for snack pellets as they require less time and effort to prepare. This, in turn, has contributed to the growth of the snack pellet equipment market. Easy availability is also one such factor, which significantly impacts the consumption and demand for snack pellets.

The extrusion segment is estimated to dominate the global snack pellet equipment market. The food industry requires high-quality and reliable equipment with advanced functionalities to produce effective results and satisfy the needs of consumers. Manufacturers in the snack pellet extrusion market are mainly focusing on producing various forms of snack pellets for their customers globally.

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[research-analyst]

Snack Pellet Equipment Market Size, Industry Growth, Sales Revenue, COVID-19 Market Scenario, Opportunity, and Industry Expansion Strategies to 2026

Reports and Data has recently added a new market research report titled “Global Snack Pellet Equipment Market” that offers accurate insights into the Snack Pellet Equipment market to help readers and clients capitalize on the emerging opportunities in the market during the forecast period. The report also includes an extensive analysis of the key drivers, restraints, opportunities, risks, limitations, and threats to impart a clear understanding of the market dynamics and growth. The report also offers region-centric data and analysis of the micro and macro-economic factors affecting the growth of the overall Snack Pellet Equipment market.

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Competitive Landscape:

The global Snack Pellet Equipment market is consolidated owing to the presence of various domestic and international manufacturers and vendors in the market. Key players are focused on product development and advancement, technological upgrades, R&D activities, and strategic alliances to gain a robust footing in the market. The report provides an extensive analysis of strategic alliances in the market including recent mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, and government and corporate deals, among others. The report also offers insights into company overview, financial standing, production and manufacturing capacity, product portfolio, global market position, gross profit, and business expansion plans.

Key companies operating in the 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), AC Horn Manufacturing (US), Jinan Dayi Extrusion Machinery Co., Ltd (China), Mutchall Engineering Pvt. Ltd (India).

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The competitive landscape is estimated through the key geographical regions owing to the developments and advancements made by the companies present in each of these regions. The regional analysis covers North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report also studies key trends, consumer demands, production and consumption patterns, supply and demand ratio, import/export, technological advancement, research and development activities, emerging trends, and government initiatives in the region.

Regional analysis covers:

·         North America

o   U.S.

o   Canada

o   Mexico

·         Europe

o   Germany

o   U.K.

o   Italy

o   France

o   BENELUX

o   Rest of Europe

·         Asia Pacific

o   China

o   India

o   Japan

o   South Korea

o   Rest of APAC

·         Latin America

o   Brazil

o   Rest of LATAM

·         Middle East & Africa

o   Saudi Arabia

o   U.A.E.

o   South Africa

o   Rest of MEA

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Snack Pellet Equipment Market Analysis:

Equipment Type (Revenue in Million USD; 2016–2026)

 Single-Screw      Extruder

 Twin-Screw      Extruder

Product Type (Revenue in Million USD; 2016–2026)

 Cereals

 Legumes

Form Outlook (Revenue in Million USD; 2016–2026)

2D

Tridimensional

Die-Faced

Laminated

Gelatinized

In conclusion, the research report on the global Snack Pellet Equipment market is a quantitative and qualitative document covering key aspects of the market growth and dynamics. It also covers SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis. The report strives to offer strategic recommendations to key players and new entrants to overcome barriers and limitations in the global Snack Pellet Equipment market.

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