Satisfying Snacks: Top 10 Companies Driving Growth in Snacks Processing Equipment
Author : richa sinha | Published On : 02 May 2024
The global Snacks Processing Equipment Market is poised for substantial growth, with projections indicating a valuation of $1.7 billion by 2030, exhibiting a steady Compound Annual Growth Rate (CAGR) of 6% from 2023 to 2030. This forecast, supported by Meticulous Research , underscores the market's momentum propelled by various factors.
Market Growth Analysis:
The market's expansion is attributed to the escalating consumption of healthy snacks, surging demand for processed and convenient foods, and heightened consumer focus on food hygiene, particularly in the wake of the COVID-19 pandemic. However, challenges such as the high cost of snack processing equipment pose hurdles to market growth.
Challenges & Opportunities:
Despite these challenges, opportunities abound, driven by increasing government support for the food processing industry. Additionally, the market is poised to benefit from the rising adoption of advanced technologies and innovations aimed at enhancing food processing efficiency.
For more information on this groundbreaking report : https://meticulousblog.org/top-10-companies-in-snacks-processing-equipments-market/
Here are the top 10 companies operating in the Snacks Processing Equipment Market:
Marel (Iceland) :Established in 1983 and headquartered in Garðabær, Iceland, Marel provides advanced food processing solutions for poultry, meat, and fish, including portioning, slicing, and processing lines for snack products.
GEA Group Aktiengesellschaft (Germany) :Founded in 1881 and based in Düsseldorf, Germany, GEA Group provides comprehensive processing equipment and services for various industries, including refrigeration solutions for snack manufacturing.
Bühler AG (Switzerland): With roots dating back to 1860, Bühler AG, headquartered in Uzwil, Switzerland, offers a complete solution for food processing, including extrusion systems and oven technologies for snack production.
John Bean Technologies Corporation (U.S.) :Incorporated in 1994 and based in Illinois, U.S., John Bean Technologies Corporation specializes in providing food processing equipment and services, including fryers and conveying systems for snack processing.
Syntegon Technology GmbH (Germany): Founded in 1969 and headquartered in Waiblingen, Germany, Syntegon Technology GmbH supplies processing and packaging technology for snack foods, ensuring product safety and quality throughout the packaging process.
Alfa Laval AB (Sweden): Established in 1883 and based in Lund, Sweden, Alfa Laval AB offers specialized products and technologies for heat transfer, separation, and fluid handling, catering to various industries including food processing.
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Heat and Control, Inc. (U.S.): Founded in 1950 and headquartered in Texas, U.S., Heat and Control, Inc. provides customized process and packaging lines for the food industry, focusing on optimizing production processes and improving food product quality.
Tetra Pak (Switzerland) :Dating back to 1952 and based in Pully, Switzerland, Tetra Pak designs, develops, and sells packaging machines for various food and beverage products, including snack packaging solutions.
Baker Perkins Ltd. (U.K.) :Established in 1819 and headquartered in Peterborough, U.K., Baker Perkins Ltd. provides food processing equipment for various sectors, including bakery, confectionery, and snack production.
Kiremko B.V. (Netherlands) :Founded in 1965 and based in Montfoort, Netherlands, Kiremko B.V. specializes in designing, building, and installing processing equipment for the potato processing industry, offering solutions for French fries, potato chips, and other potato-based snacks.
Meticulous Research, in its latest publication on the Snacks Processing Equipment Market, forecasts a growth rate of 6% during the period from 2023 to 2030.
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