Global Potato Based Snack Pellet Equipment Market – Industry Trends and Forecast to 2029

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Market Analysis and Size

Global consumption of processed foods has increased dramatically in recent decades. A major contributor to this increase is the world's growing population. As a result, urban consumers have access to a much broader range of food options and better food availability than rural consumers. This urbanisation trend significantly contributes to higher living standards and rising incomes, which has a greater impact on the affordability of processed food products.

Data Bridge Market Research analyses that the potato based snack pellet equipment market which was growing at a value of 823.30 million in 2021 and is expected to reach the value of USD 1302.34 million by 2029, at a CAGR of 5.9% during the forecast period of 2022-2029.

Market Definition

Potato-based snack pellet equipment is an automated production line for potato-based snacks. The process takes raw potatoes and shapes, sizes, and textures them into a variety of finished products such as chips, crisps, pellets, and so on. It essentially cuts and shapes the potatoes to a specific size. The process is fully automated and begins by peeling off the potato skin, then proceeds to the cutting/shaping section, where thin slices of raw potatoes are extracted first for frying or deep-frying.

Report Scope and Market Segmentation

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Potato Based Snack Pellet Equipment Market Dynamics

Drivers

• Rising consumption of packaged food due to busy and hectic lifestyle

Increased packaged food consumption is expected to drive the growth of the global snack pellets market during the forecast period. Aside from that, consumers' preference for healthy food products is expected to accelerate demand for snack pellets, aiding the market's growth in the coming years. To that end, snack pellet manufacturers are focusing on producing healthy snacks with high nutrition content.

• The adoption of technically advanced potato growing techniques by major potato-producing countries

Increased demand for processed potato products, such as frozen potatoes, from restaurants, hotel chains, and retail sectors will drive market growth in the forecast years. Furthermore, the adoption of technically advanced potato growing techniques by major potato-producing countries is expected to drive the growth of the global potato based snack pellet equipment market.

In today's sports and wellness environment, where people are constantly concerned about their health, the use of dietary supplements, such as starch extracts, to increase efficiency and strengthen activity modifications is becoming increasingly popular.

Opportunity

Rising disposable income, rising consumer demand, urbanisation, quick-service restaurants, active participation of women in this industry and supply chain activities have already benefited the potato based snack pellet equipment market. Other factors that have increased demand for processed potato products include the availability of potatoes, processed potato products, less stressful cooking methods, ready-to-eat infrastructure, comparatively low cost, ease of handling, and a tasty product. As a result, the potato consumption pattern has shifted from fresh to process. People eat more potatoes because they are one of the few vegetables that contain both starch and protein. Market growth is being driven by increased demand for processed potatoes, frozen and dehydrated potatoes, and potato snacks.

Restraints

The noted limitations for the growth of the potato-based snack pellet equipment market are high one-time investment in machinery and product transportation. On the other hand, the increased accessibility of counterfeit products will pose a challenge to market growth during the forecast period.

This potato based snack pellet equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the potato based snack pellet equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Potato Based Snack Pellet Equipment Market

The virus had a significant impact on the manufacturing of potato-based snack pellet equipment, causing production and factory operations to be halted. It all started in China, the global hub for supplying raw materials to businesses, and then spread to the entire manufacturing supply chain. Furthermore, the United Nations Conference on Trade and Development (UNCTAD) predicts that global FDI will fall by 5% to 15% as a result of a drop in manufacturing company operations as a result of factory shutdown. As a result of the COVID-19 outbreak, global investment in the potato-based snack pellet equipment manufacturing sector is expected to slow. This scenario has reduced demand for potato based snack pellet equipment, particularly in 2020.

Recent Development

• Lamb Weston Holdings, Inc. announced an increase in French fry Based Snack Pellet Equipment capacity at its American Falls, Idaho facility in July 2021. As a result, they hope to produce more than USD 1 billion in frozen french fries and other potato products each year. The new line is expected to be completed by the middle of 2023, resulting in the creation of approximately 130 new jobs.
• Aviko completed its acquisition of the majority stake in the Bavarian family business Amberger in February 2021. As a result, Aviko invests in further strengthening its position in the German and Austrian foodservice markets. The Oberdolling production site, the regional brand Feldmühle, and a premium range of German potato products are all part of the deal.
• Farm Frites announced plans to build a French fry production plant in Kazakhstan's Shu region through its subsidiary, Farm Frites Beheer B.V., in December 2020. The French fry plant is expected to cost USD 145 million. The plant, which will employ 240 people, is set to open in 2023.

Global Potato Based Snack Pellet Equipment Market Scope

The potato based snack pellet equipment market is segmented on the basis of form, equipment type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form

• 2D
• Tridimensional
• Die-Faced

Equipment Type

• Extrusion
• Single-screw extruder
• Twin-screw extruder
• Mixing
• Cutting
• Drying
• Frying
• Seasoning
• Others
• Cooling
• Punching

Application

• Small and medium factory
• Big factory

Potato Based Snack Pellet Equipment Market Regional Analysis/Insights

The potato based snack pellet equipment market is analysed and market size insights and trends are provided by country, basis of form, equipment type and application as referenced above.

The countries covered in the potato based snack pellet equipment market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates potato-based snack pellet equipment market due to increased production capability, attendance of well-established snack pellet equipment manufacturing firms, and increasing demand for ready-to-eat snack pellets in the region. Asia-Pacific is expected to grow from 2022 to 2029 due to rapid urbanisation, expanding population, and rising consumer awareness about the benefits of snack pellet.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Potato Based Snack Pellet Equipment Market Share Analysis

The potato based snack pellet equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to potato based snack pellet equipment market.

Some of the major players operating in the potato based snack pellet equipment market are:

• Marel (Iceland)
• GEA Group (Germany)
• Bühler (Switzerland)
• JBT (US)
• The Middleby Corporation (US)
• Heat and Control, Inc. (US)
• Alfa Laval (Sweden)
• TNA Australia Pty Ltd. (Australia)
• Bucher Industries (Switzerland)
• Equipamientos Cárnicos, S.L (Spain)
• Clextral (France)
• SPX FLOW (US)
• Bigtem Makine (Turkey)
• FENCO Food Machinery (Italy)
• Krones Group (Germany)
• Finis Potato Based Snack Pellet Equipment B.V. (Netherlands)
• Bettcher Industries, Inc. (US)
• Anko Food Machine Co. Ltd. (Taiwan)
• Heat and Control, Inc. (US)
• BAADER (Germany)
• Dover Corporation (US)

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