Meticulous Research®, a leading global market research company, has released a comprehensive research report on the global snacks processing equipment market, 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 2030.’ According to this report, the global snacks processing equipment market is poised for significant growth, projected to reach $1.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030.

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This growth is driven by several key factors, including the increasing consumer preference for healthy snacks, rising demand for processed and convenient food products, and heightened awareness of food hygiene, which gained prominence after the COVID-19 pandemic. However, challenges such as the high costs associated with snack processing equipment and the scarcity of trained labor could pose constraints on the market's growth. Despite these hurdles, increasing government support for the food processing industry presents substantial opportunities for market players. Furthermore, consumers’ growing inclination toward minimally processed food could affect the market's development in the coming years.

Key Market Drivers

1. Health-Conscious Consumers : The growing demand for healthier snack options is a major driver for the snacks processing equipment market. Consumers are becoming more health-conscious and are seeking snacks that are low in calories, sugar, and artificial ingredients, prompting manufacturers to innovate and create healthier alternatives. This shift is driving demand for processing equipment that can cater to the production of healthier snack varieties, such as baked chips, air-fried snacks, and gluten-free options.
2. Demand for Convenience : As lifestyles become busier, consumers are looking for convenient, ready-to-eat snack options. This demand for on-the-go foods is fueling the growth of the snack processing equipment market. Automation and efficient processing technologies play a crucial role in meeting the demand for high-volume, quick-to-prepare snack options.
3. Food Safety and Hygiene : The COVID-19 pandemic has heightened awareness regarding food safety, quality, and hygiene standards, influencing both consumers and food manufacturers. As food safety regulations become more stringent, there is a growing need for equipment that adheres to these standards, while maintaining product quality and freshness.
4. Technological Advancements : The integration of automation and smart technologies in snack processing equipment is another key trend. Automation increases production efficiency, reduces the reliance on manual labor, and ensures consistent quality. Smart technologies, such as sensors and IoT connectivity, are being incorporated into processing equipment to enhance precision, track product quality, and improve energy efficiency.

Market Segmentation

The global snacks processing equipment market is segmented based on equipment type, mode of operation, snack type, and geography.

1. Equipment Type

The snacks processing equipment market is divided into several categories, based on the type of machinery used in the production process. Key segments include:

• Forming & Extruder Equipment : These machines shape raw materials into snack products, such as chips or extruded snacks. They are essential for creating uniform snack shapes and sizes.
• Conveyers : These equipment are used to transport raw materials and finished products through the production line efficiently.
• Sorting Equipment : Sorting machines are used to separate snacks based on quality, size, and other specifications to ensure only the best products move forward in the production process.
• Dryers : Drying equipment is crucial for removing moisture from snacks, helping to preserve them and enhance their shelf life.
• Mixing & Blending Machines : These are used to blend ingredients and create uniform snack dough or batter.
• Cutting & Slicing Equipment : These machines are used to slice raw materials into desired shapes and sizes.
• Fryers & Ovens : Fryers and ovens are used for cooking snacks like chips and extruded products, ensuring they are crisp and flavorful.
• Coating Equipment : Coating machines apply seasoning, oils, or flavorings to snacks to enhance their taste and appeal.
• Packaging Equipment : Packaging plays a vital role in ensuring snack freshness, portability, and appeal. This segment is expected to have the largest market share in 2023, driven by the demand for convenient, portable packaging solutions.
• Cooling & Buffering Equipment : Cooling equipment ensures snacks are adequately cooled before packaging, preserving quality and texture.

In 2023, packaging equipment dominated the market due to the increasing need for portable, convenient snack packaging solutions that maintain freshness and prolong shelf life. Additionally, the rise of e-commerce has led to higher demand for well-packaged products, as consumers seek convenience and quality.

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2. Mode of Operation

The snacks processing equipment market is categorized into two modes of operation: semi-automated/manual and automated .

• Semi-Automated/Manual Equipment : These systems accounted for the larger share of the market in 2023. They are favored by small and medium-sized enterprises (SMEs) due to their lower capital investment requirements, adaptability to smaller production spaces, and lower operational costs. These machines also offer flexibility in handling a wide range of snack types and recipes, which is essential for niche markets.
• Automated Equipment : The automated segment is expected to grow at a higher CAGR during the forecast period. Automation offers several advantages, including increased production efficiency, better consistency, and the integration of advanced technologies like smart packaging and real-time monitoring systems. The rising demand for large-scale production and the need for higher efficiency are driving the shift toward automated snack processing equipment.

3. Snack Type

The snacks processing equipment market is also segmented based on the type of snacks produced. Key segments include:

• Chips : Potato chips and other varieties, including healthy alternatives like baked or air-fried chips, are gaining popularity.
• Extruded Snacks : These include puffed, crunchy snacks made using an extrusion process.
• Bakery & Confectionery Products : Baked goods, such as cookies, crackers, and other confectioneries, represent a significant share of the market.
• Nuts & Seeds : Processing equipment for nuts and seeds, which are increasingly being consumed as healthy snack options, is also on the rise.
• Non-Vegetarian Snacks : This category includes products like meat snacks and other protein-rich snack options.
• Grain-Based Snacks : These snacks, made from grains such as corn, rice, and wheat, are popular for their taste and health benefits.

In 2023, bakery and confectionery products dominated the market, driven by the increasing demand for diverse, high-quality baked and confectionery snacks. However, the chips segment is expected to grow at a faster rate, driven by the rise of healthier alternatives and convenient snack options.

4. Geography

The global snacks processing equipment market is analyzed across several regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

• Asia-Pacific : This region is expected to hold the largest share of the market in 2023, driven by increasing consumer awareness of healthy eating habits, growing disposable income, and expanding food processing capabilities. The region is also experiencing a rising demand for gluten-free and allergen-free snack options.
• North America and Europe : These regions are expected to follow Asia-Pacific in terms of market share, driven by established food processing industries, strong consumer demand for convenience foods, and technological advancements in food processing equipment.

Key Market Players

Several major players dominate the snacks processing equipment market. These include global companies such as:

• Marel (Iceland)
• GEA Group Aktiengesellschaft (Germany)
• Bühler AG (Switzerland)
• John Bean Technologies Corporation (U.S.)
• Syntegon Technology GmbH (Germany)
• Alfa Laval AB (Sweden)
• Tetra Pak (Switzerland)
• Heat and Control, Inc. (U.S.)

These players are actively involved in product innovations, strategic partnerships, and expansions to maintain their competitive position in the market.

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Conclusion

The global snacks processing equipment market is poised for significant growth over the coming years, driven by consumer demand for healthier, convenient, and hygienic snack options. Despite challenges such as high equipment costs and labor shortages, the market offers substantial opportunities due to technological advancements, government support, and the evolving food processing landscape. As automation and smart technologies continue to shape the industry, companies that embrace these innovations are likely to lead the market. With the Asia-Pacific region holding the largest share and North America and Europe closely following, the snacks processing equipment market is set to expand globally, providing a wealth of opportunities for manufacturers, innovators, and investors alike.

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