Processed Snacks Equipment Market- Industry Trends & Forecast Report 2026
The global processed snacks equipment market is
expected to reach USD 10.9 billion by 2026, at a CAGR of 2.3% from 2021-26
(forecast period). With the rising demand for food products and increasing
investment opportunities in food processing, the global processed snacks
equipment market is all set to exhibit strong growth. North America and Europe have
a thriving food & beverage processing industry. Moreover, the presence of
international processed snack equipment manufacturers in North America and
Europe has been driving consistent growth of the snacks equipment market due to
the presence of the established food & beverage processing industry. The
rise in demand for processed food and convenience foods has been driven by the
rise in disposable income and rapid urbanization in developing countries such
as India, Brazil, and China. At the same time, equipment manufacturers are
taking stringent measures to strengthen their production capabilities by
expanding their manufacturing facilities and through the acquisitions of
smaller equipment manufacturers to expand their product portfolios.
Source: BlueWeave Consulting
Processed Snacks Equipment Market Forecast and Trends
focus on production efficiency, processing time, and quality of food products
With increasing food raw material prices, rising labor
costs and higher energy costs, manufacturers of end-products are concentrating
on increasing their production quality. This is important to reduce food
wastage during manufacturing and ensure the effective use of raw materials.
Additionally, to minimize production costs and boost profitability, food
manufacturers are putting emphasis on reducing energy consumption and utilizing
Processed snack producers nowadays rely on specialized
food processing machinery to ensure that their products are of the highest
possible quality. This helps food manufacturers to cater to the growing demand
for processed snacks, bakery products, frozen meat products, and fruits &
vegetables in lesser time and with reduced production cost.
on processing technique and hygiene standards of processed snacks
The Millennial consumers are becoming more aware of
various food trends due to globalization. Moreover, due to the liberalization
of trade, food processing firms have also been increasing their presence around
the world. Snack manufacturers across the world are currently exploring fresh
and untapped markets. To meet growing competition in the industry, domestic
players in the market are also expanding their product offerings. China, India,
and Japan, for example, have built their own processed food manufacturing
facilities that are as good as imported equipment or equipment supplied by
market leaders. Moreover, to gain an advantage over domestic and international
competitors, companies are looking for durable snack processing equipment that
has low maintenance costs. Therefore, to cater to the demand of processed snack
companies, food equipment manufacturers are currently focusing on introducing new
technology to come up with innovative processed snack equipment.
rising cost of production due to increasing energy and labor costs
One of the key constraints faced by processed snack
equipment manufacturers for operating their plants continuously is increasing
energy costs. In the food manufacturing industry, appliances such as
homogenizers, heaters, and ovens consume a large amount of power. Moreover, an uninterrupted
electricity supply is required for operating automatically processed snack equipment,
which leads to higher energy bills. Automated processed-snacks equipment needs
to be tested in order to minimize production costs, which can be ensured by using
technologically-advanced equipment and leveraging best manufacturing practices,
the greater use of automated non-stop processed snack equipment needs to be
tested. Small food processors are dissuaded from building advanced processing
systems due to the high cost of operating these processing facilities and the
lack of non-renewable energy sources. The main quality that snack producers look
for when selecting processing equipment is energy efficiency. The shortage of
jobs and blue-collar employees in developing countries is another restriction
faced by the industry, leading to higher hourly compensation to be paid, thus
raising the overall production cost.
of COVID-19 on industry
The rapid spread of COVID-19 has contributed to
significant market uncertainty in the global equipment manufacturing sector.
Despite the shutdown of major industries, governments of different countries
around the world are taking preventive steps, such as distancing civilians and
workers to minimize the spread of COVID-19, so as to mitigate the danger of
being affected. Due to the hasty lockdown across the globe, the development of
food processing equipment has declined significantly. As a result, the development
of machines and methodologies for food processing has come to a standstill.
After the sudden spread of the COVID-19 pandemic, the
food processing technology, and equipment market has been severely affected by
disrupted international trade, especially in Germany, the UK, France, China,
India, etc. Because these countries account for a large share of the market’s
demand and the involvement of leading players in the market, the development of
food processing machines has been hampered. Additionally, Foreign Direct
Investments (FDIs) launched in Latin American countries, including the Middle
East and Africa are heavily impacted, as the GDP of these countries have fallen
below normal levels (the GDP of Saudi Arabia is -2.3 and of Brazil is -5.3).
food safety management concern
The COVID-19 pandemic has severely affected global
trade, thereby shaking the snack equipment manufacturing industries.
Governments around the world are currently focusing on encouraging hygienic
design and engineering of food equipment. Additionally, a few principles have
been introduced by the Food Safety Management Systems (FSMS) to manage food
safety rules based on the interpretation of the Hazard Analysis and Critical
Control Point (HACCP). A recent HACCP study reveals that COViD-19 can survive
on stainless steel and plastic items for up to 72 hours, whereas it remains
viable on cardboard for up to 24 hours.
Processed Snacks Equipment Market- By Type
Processed snack equipment
such as peelers, slicers, cutters, dicers, washers, and grinders help boost the efficiency of production. Such equipment facilitates precise process control besides
helping the manufacturers deliver hygienically processed food. The mixture
&blending equipment segment held an 18.4% market share in 2020. Mixing and
blending are essential processes in sectors such as bakery products,
confectionery products, beverages, and dairy products as they help reduce the
time and labor required for batch mixing. Moreover, extrusion
screw designs have improved over time as technology has progressed, and
innovations have been introduced. Extruded snacks and snack pellets produced by the extrusion of grains
such as corn, rice, tapioca, wheat, and vegetables such as potatoes are also posting
positive growth year-over-year (YoY).
Processed Snacks Equipment Market- By Application
Bakery &confectionary segments accounted for the largest
share in 2020. The demand for ultra-processed bakery products is high in
developed countries such as the UK, Germany, the US, Canada, and Spain. Additionally,
processed snack equipment related to meat, poultry, & seafood is witnessing
positive YoY growth, though currently accounts for a 3.6% market share in
2020. There has been a rise in the consumption and production of meat,
especially in industrialized countries. The demand is expected to increase in
developed countries as well such as the US, supported by factors such as lower
prices of beef, pork, and poultry; increased focus on the shelf life, quality,
and safety of meat products; and the rising per capita consumption of meat.
Source: BlueWeave Consulting
Processed Snacks Equipment Market- By Region
The Asia-Pacific (APAC) is the leading market for the
processed snack equipment, owing to the availability of several domestic as
well advanced food retail chains in this region. Moreover, the overall growth in
demand for processed snacks from developing countries such as China and India
is also driving the market growth. Further, the presence of several processed
snack equipment manufacturing companies in this region is effectively driving the
demand for the processed snack equipment. Europe held the second-largest share
in the global processed snacks equipment market in 2020 and would continue to
maintain its lead throughout the forecast period. The growth of the region's
processed snack equipment market is driven by factors such as a large number of
developed processed snacks equipment suppliers, a well-established food
processing industry, growing exports of processed snacks equipment, advanced
research & innovation in food science, and high food consumption.
Source: BlueWeave Consulting
Some of the biggest companies in the processed snacks
equipment market are- Marel HF, GEA Group AG, JBT Corporation, Buhler Group,
TNA Solutions Pty Ltd, Bucher Industries AG, Equipamientos Carnicos, Clextral
S.A.S, and Bigtem Makine AS. Companies are increasingly indulging in mergers
& acquisitions, partnerships, and expansion of their manufacturing
facilities. For instance, GEA and Israeli food-tech start-up Better Juice have
joined forces to help beverage manufacturers produce healthier, lower-sugar
fruit juice. Better Juice has developed a ground-breaking solution that
naturally reduces the amount of sugar in fresh juice by up to 80 percent,
without affecting its nutritional value or taste.
- In Jan 2021: Marel HF made an agreement
with Íslandsbanki HF. and Kvika banki HF on Nasdaq Iceland. As part of the agreement, daily bid, and ask offers of each market maker will be for a
minimum of 30,000 shares instead of 40,000 shares before.
- January 2021:JBT Corporation
announced the launch of its new whole bird chiller, the C.A.T. NEOCAT
Chiller featuring patented Clean-in-Place technology. In addition to producing
improved food and ensuring worker safety, this will assist poultry processing companies in increasing
- yield with less maintenance
Scope of the Report
Base Year- 2021
Revenue in USD
US, Canada, Mexico,
Germany, UK, France, Italy, Spain, Japan, China, India, Australia/New
Zealand, South America, Middle East, and Africa
Product/ Service segmentation
By Type, By
Application, By region
Marel HF, GEA
Group AG, JBT Corporation, Buhler Group, TNA Solutions Pty Ltd, Bucher
Industries AG, Equipamientos Carnicos, Clextral S.A.S, and Bigtem Makine AS
peeling, Grinding, Slicing, and Washing Equipment
& Blending Equipment
Fryers & Ovens
Poultry & Seafood Snacks
of the World (RoW)
What is the
expected size of the global processed snacks equipment market in 2026?
Answer: The global processed
snacks equipment market is expected to reach USD 10.9 billion by 2026.
What are the major
factors driving the growth of the global processed snacks equipment market?
Answer: The major factors driving the growth of the
global processed snacks equipment market is increased focus on production
efficiency, processing time, and quality of food products, and rising food
safety management concern driving the market growth.
Who are the key
players in the global processed snacks equipment market?
Answer: The key players in the global processed
snacks equipment market include Marel HF, GEA Group AG, JBT Corporation, Buhler
Group, TNA Solutions Pty Ltd, Bucher Industries AG, Equipamientos Carnicos,
Clextral S.A.S, and Bigtem Makine AS.
4. Which application accounted for the largest share in
the global processed snacks equipment market?
Answer: Bakery and confectionery
applications accounted for the largest share in the global IVD market.
growing at a higher rate in the global processed snacks equipment market?
Answer: The Asia-Pacific likely
to grow at a higher rate in the global processed snacks equipment market.