REDDING, Calif., May 13, 2024 /PRNewswire/ -- According to a
new market research report titled, 'Snacks Processing Equipment
Market By Type (Conveyers, Sorting, Dryers, Mixing,
Cutting, Coating, Packaging, Mode of Operation (Semi/Manual,
Automatic), Snack Type (Chips, Extruded Snacks, Bakery &
Confectionery), and Geography -
Global Forecasts to 2031,' the
snacks processing equipment market is expected to reach
$1.9 billion by 2031, at a CAGR of
6.5% from 2024 to 2031.
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Snack foods are one of the fastest-growing segments of the food
industry. Snacks are ready-to-eat food preparations that are taken
between meals. These snacks can include a wide array of products
such as potato chips, extruded snacks, nuts & seeds,
non-vegetarian snacks, bakery & confectionery products, and
grain-based snacks. Snacks processing equipment helps streamline
the production of such snacks and helps meet the diverse demands of
consumers in the competitive snack industry.
Snacks processing equipment helps enhance production efficiency,
maintain product consistency, and automate and streamline the
manufacturing process from raw material handling to the final
packaging of the snacks. It consists of a diverse range of
machinery and tools, including forming & extruder equipment,
cutting & slicing, fryers & ovens, and packaging equipment,
among others, designed for the preparation, cooking, packaging, and
overall production of various snack foods. These advanced
processing equipment contribute to increased productivity,
precision in ingredient mixing, optimal cooking, baking conditions,
and precise packaging.
The growth of this market is mainly driven by the growing
consumption of healthy snacks, the rising demand for
processed/convenience foods, and consumers' increased focus on food
hygiene since the COVID-19 pandemic. However, the high cost of
snack processing equipment restrains the growth of this market.
Furthermore, increasing government support for the food processing
industry is expected to generate growth opportunities for the
players operating in this market. However, the shortage of trained
labor and consumers' increasing inclination toward minimally
processed food products are major challenges impacting the market's
growth.
The integration of automation and smart technologies into snack
processing equipment is a key trend in the global snacks processing
equipment market.
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The snacks processing equipment market is segmented by equipment
type (forming & extruder equipment, conveyers, sorting
equipment, dryers, mixing & blending machines, cutting &
slicing equipment, fryers & ovens, coating equipment, packaging
equipment, cooling & buffering equipment, other equipment),
mode of operation (automated, semi-automated, manual), and snack
type (chips, extruded snacks, nuts & seeds, bakery &
confectionery products, non-vegetarian snacks, grain-based snacks,
other snack types), and geography. and geography. The study
also evaluates industry competitors and analyses the market at the
regional and country levels.
Based on equipment type, the snacks processing equipment
market is segmented into forming & extruder equipment,
conveyers, sorting equipment, dryers, mixing & blending
machines, cutting & slicing equipment, fryers & ovens,
coating equipment, packaging equipment, cooling & buffering
equipment, and other equipment. In 2024, the packaging equipment
segment accounted for the larger share of 15% of the snacks
processing equipment market. The segment is projected to register a
higher CAGR over the forecast period. The large share of this
segment is mainly attributed to the increasing need for convenient
and portable snack packaging solutions for consumers to carry and
consume on the go, the need to maintain the freshness and extend
the shelf life of snacks, the growing demand for sustainable
packaging solutions, the rise of e-commerce, and stringent
regulations regarding food safety and packaging standards.
Based on mode of operation, the snacks processing
equipment market is segmented into automated and
semi-automated/manual. In 2024, the semi-automated/manual accounted
for the larger share of the global snacks processing equipment
market. The large share of this segment is mainly attributed to
their adaptability to smaller spaces, needing less specialized
skills to operate, need to reduce downtime, lower maintenance
expenses, lower upfront capital investment compared to automated
equipment, and the increasing demand for flexibility in handling
diverse product types and recipe variations for niche markets.
However, the automated segment is projected to register a higher
CAGR over the forecast period.
Based on snack type, the snacks processing equipment
market is segmented into chips, extruded snacks, nuts & seeds,
non-vegetarian snacks, bakery & confectionery products,
grain-based snacks, and other snack types. In 2024, the bakery
& confectionary products segment accounted for the largest
share of 27% of the snacks processing equipment market. The
large share of this segment is mainly attributed to the increasing
demand for diverse and high-quality baked & confectionery
snacks, growing demand for single-serve packaging and
portion-controlled snacks, and increasing demand for premium and
artisanal bakery & confectionery snacks. Also, the increasing
use of automated equipment, including mixing & blending,
packaging equipment to maintain uniform taste, texture,
distribution of flavors, and extend shelf life and maintain product
quality of snacks supports the segment growth. However, the chips
segment is projected to register the largest CAGR over the forecast
period.
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Based on geography, the global snacks processing
equipment market is segmented into North
America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the
largest share of 48% of the snacks processing equipment
market, followed by Europe and
North America. The Asia-Pacific snacks processing equipment
market is estimated to be worth USD 570
million in 2024. This market is also expected to witness
rapid growth during the forecast period. The large market share of
Asia-Pacific is mainly attributed
to the growing consumer awareness and preferences for healthier
snack options, increasing demand for snacks processing equipment
that can meet diverse cultural preferences and regional tastes,
rising investments from major food & beverage players,
expansion and establishment of new snack manufacturing facilities,
and the rising demand for gluten-free and allergen-free snack
options.
The report also includes an extensive assessment of the key
growth strategies adopted by the leading market participants in the
last three to four years. The key players operating in the Snacks
processing equipment market are Marel (Iceland), GEA Group Aktiengesellschaft
(Germany), Bühler AG (Switzerland), John Bean Technologies
Corporation (U.S.), Syntegon Technology GmbH (Germany), Alfa Laval AB (Sweden), Clextral S.A.S. (France), Heat and Control, Inc. (U.S.), Key
Technology, Inc. (U.S.), Tetra Pak (Switzerland), Baker Perkins Ltd. (U.K.),
Kiremko B.V. (Netherlands), AC
Horn Manufacturing (U.S.), Ishida Co., Ltd. (Japan), NP & Company, Inc. (Japan), Dayi Machine (China), Cablevey Conveyors (U.S.), Kiron Food
Processing Technologies LLP (India), Grace Food Processing and Packaging
Machinery, Inc. (India), Tsung
Hsing Food Machinery Co., Ltd. (Taiwan), and Jinan Sunward Machinery Co., Ltd.
(China).
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Scope of the report:
Global Snacks Processing Equipment, by
Equipment
Type
- Packaging Equipment
- Mixing & Blending Machines
- Fryers & Ovens
- Conveyors
- Cutting & Slicing Equipment
- Dryers
- Sorting equipment
- Coating Equipment
- Forming & Extruder Equipment
- Cooling & Buffering equipment
- Other Equipment
Global Snacks Processing Equipment, by Mode of
Operation
- Semi-automated/Manual
- Automated
Global Snacks Processing Equipment, by Snack
Type
- Bakery & Confectionery Products
- Chips
- Extruded Snacks
- Nuts & Seeds
- Grain-based Snacks
- Non-vegetarian Snacks
- Other Snack Types
Global Snacks Processing Equipment, by
Geography
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
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Related Report:
Food Processing Equipment Market by Type (Meat, Poultry, and
Seafood Processing Equipment, Beverage Processing Equipment, Bakery
Equipment, Dairy Processing Equipment, Fruit and Vegetable
Processing Equipment), Mode of Operation (Semi-Automatic,
Automatic), and Geography - Global Forecast to 2031
Packaging Machinery Market by Type (Carded
Packaging Machines, Filling Machines, Labelling Machines), by
Function, Automation (Automatic, Semi-automatic), End-use (Food
& Beverages, Healthcare & Pharmaceuticals,) and Geography -
Global Forecasts to 2031
Healthy Snacks Market by Type (Cereal &
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(Gluten-free, Low fat), Packaging Type (Wraps, Boxes), Distribution
Channel (Supermarkets & Hypermarkets, Convenience Stores) -
Global Forecast to 2029
Food Packaging Equipment Market by Type
(Form-fill-seal Equipment, Cartoning Equipment, Filling &
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Equipment), Application, and Geography - Global Forecasts to
2029
Packaging Automation Market by Offering, Type
(Robotic Pick & Place, Secondary Packaging, Tertiary &
Palletizing), End-use Industry (Healthcare & Pharmaceuticals,
E-Commerce & Logistics, Food & Beverage), and Geography -
Global Forecast to 2031
Savory Snacks Market by Type (Potato Chips,
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Channels) — Global Forecasts to 2029
Related Blogs:
A Deep Dive into Snacks Processing Equipment:
Revolutionizing Snack Production
Top 10 Companies in Snacks Processing Equipments
Market
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