Clextral (France) and GEA Group (Germany) are the Key Players in the Snack Pellet Equipment Market
The snack pellet equipment market, in terms of value, is estimated to account for nearly USD 1.0 billion in 2019 and projected to grow at a CAGR of 5.2%, to reach nearly USD 1.4 billion by 2025. This is due to the rising demand for extruded snacks globally. Snack pellets are non-expanded intermediate products that are usually produced through the extrusion process using various raw materials such as potato, corn, tapioca, and rice. The extruder is the main equipment, which is used to press the raw material and produce pellets. The key snack pellet manufacturers are also adopting new technologies for the production of snack pellets, which include single screw extrusion, twin-screw extrusion, and co-extrusion. These processes aid in the manufacturing of snack pellets that are of various shapes, textures, and sizes. However, the technological advancements in the snack pellet equipment to produce 3D pellets have also led to an increase in the production capacity in a short time, thus driving the market growth.
The key players in this market include 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).
Major players in the market are mainly focusing on undertaking expansions for innovating and developing research centers to meet the growing requirements of consumers.
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The core strengths of key players identified in this market are their growth strategies such as new product launches and acquisitions. Undertaking new product launches and expansions have enabled the market players to enhance their presence in the snack pellet equipment market. Key players such as GEA Group (Germany) undertook these strategies to improve their distribution network, gain a stronger foothold, and enhance market share. For example, GEA Group (Germany) acquired Pavan Group (Italy) to expand in the snack pellet equipment market and increase their market share.
Clextral (France) is focusing on offering a diverse variety of snack pellet equipment products. For example, in December 2016, Clextral launched EVOLUM+ twin-screw extruders equipped with advanced technology, which provides high flexibility and control and ensures high product quality and stability.
Clextral (France) is one of the leading providers of snack pellet equipment. It offers food & feed production lines, plastic processing, pulp processing, pilot line, chemical processing line, and equipment such as twin-screw extruders, fish feed extrusion systems, preconditioners, rotate dryer, dies, cutters, belt dryer, and DKM pumps. It operates as a division of Groupe Legris Industries. The company’s food and feed product line includes breakfast cereals, pet food, pet treats, fish feed, baby food, and flavors. Clextral has processing lines that integrate extruders, dryers, and ancillary equipment. The company provides technologies such as extrusion porosification technology, green extrusion technology, and drying technology. Clextral’s business is divided into four segments such as food & feed, powder industries, green industries, and pumps. The company operates in 94 countries and has its presence in North America, Europe, the Asia Pacific, the Middle East & Africa, and Latin America. The company has four research centers in France, the US, and Australia. It has five sites in France, the US, Chile, Denmark, and 11 sales units in France, the US, Algeria, Morocco, Chile, China, Australia, Brazil, Vietnam, Denmark, and Russia.
GEA Group is one of the well-established manufacturers of a wide range of food processing equipment and process technologies, which it provides to industries such as food & beverage, home & personal care, chemical, pharmaceutical, leisure & sport, dairy farming, dairy processing, marine, transportation, and utilities. Its product portfolio includes automation & control systems, barn equipment & manure management, brewery plants, centrifuge & separation solutions, cleaners & sterilizers, and compressors.
The company operates in the snack pellet equipment market through the acquisition of Pavan Group (Italy) in 2017. Pavan Group consists of various brands such as Golfetto Sangati, Pavan, Montoni, and Stiavelli. The company implements a full-service strategy, which consists of research & development of new products, after-sales training & client services, and designing & engineering of manufacturing plants. In 2016, Pavan Group’s processing lines, milling & handling, and packaging segment had a total revenue share of 55%, 30%, and 15%, respectively. In 2016, Pavan Group’s America, Asia, Europe, the Middle East/Africa, and Oceania geographical segment accounted for a revenue share of 27%, 17%, 40%, 14%, and 2%, respectively. The company offers single screw forming extruder, single screw cooking extruder, and twin screw cooking extruder.
Related Reports:
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
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