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

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MarketsandMarkets Presents
Snack Pellet Equipment Market - Forecast to
2025 https//www.marketsandmarkets.com/Market-Repo
rts/snack-pellet-equipment-market-136666490.html

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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. Browse 66 market data Tables and 33
Figures spread through 132 Pages and in-depth TOC
on "Snack Pellet Equipment Market - Global
Forecast to 2025 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.
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• Report Objectives
• To define, segment, and project the global market
  size for snack pellet equipment
• To understand the structure of the snack pellet
  equipment market by identifying its various
  subsegments
• To provide detailed information about the key
  factors influencing the growth of the market
  (drivers, restraints, opportunities, and
  industry-specific challenges)
• To analyze the micromarkets, with respect to
  individual growth trends, future prospects, and
  their contributions to the total market
• To project the size of the market and its
  submarkets, in terms of value, with respect to
   regions (along with their respective key
  countries)
• To profile key players and comprehensively
  analyze their core competencies
• To understand the competitive landscape and
  identify major growth strategies adopted by
  players across key regions
• Secondary Research
• In the secondary research process, various
  secondary sources such as Hoovers, Bloomberg
  BusinessWeek, and Dun Bradstreet were referred
  to, to identify and collect information for this
  study. These secondary sources included annual
  reports, press releases investor presentations
  of companies, white papers, certified
  publications, articles by recognized authors,
  gold standard silver standard websites, food
  safety organizations, regulatory bodies, trade
  directories, and databases.
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The 2D segment is estimated to account for the
largest share in the snack pellet equipment
market in 2019. By form, the 2D segment is
estimated to account for the largest share in the
snack pellet equipment market in 2019. The 2D
form of snack pellets witnesses significant
demand among individuals globally. The 2D snack
pellet equipment plant consists of machines such
as cooking, perforation unit, a laminating
system, cooling systems, cutting unit, pre-drying
zone, and frying system. This equipment sets the
2D shape and helps in forming the uniform
thickness of the snack pellets. The 2D form of
snack pellets is used to obtain snack pellets in
various shapes such as twist pellets, round shape
pellets, flower shape pellets, and star shape
pellets. The multigrain-based segment is
projected to grow at the highest CAGR during the
forecast period in the snack pellet equipment
market. By product type, the multigrain segment
is estimated to grow at the highest CAGR during
the forecast period. Multigrain snack pellets are
made of various grain types that have high
nutritional value. Earlier, a single grain type
was used to produce snack pellets, which limited
the nutritional value of the products. Currently,
the consumer demand for multigrain snack pellets
has increased rapidly as these have high fiber
content. With low-fat content, they have higher
health and taste benefits as compared to the
potato- and corn-based snack pellets. The rising
health consciousness among young population has
led to an increase in the demand for multigrain
snacks, as they are easy to produce, healthy
fillers between meals, and convenient to digest.
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• 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).
• 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 the
  snack pellet equipment manufacturers are focusing
  on in the future?
• What are the high growth opportunities in the
  snack pellet equipment market for each segment?
• What are the key growth strategies adopted by
  major market players in the snack pellet
  equipment market?
• Speak to Analyst https//www.marketsandmarkets.co
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