The Snacks Processing Equipment Market is projected to reach $1.7 billion by 2030, at a CAGR of 6% from 2023 to 2030. The growth of this market is driven by the growing consumption of healthy snacks, the rising demand for processed/convenience foods, and consumers’ increased focus on food hygiene since the COVID-19 pandemic. However, the high cost of snack processing equipment restrains the growth of this market. Furthermore, increasing government support for the food processing industry is expected to generate growth opportunities for the players operating in this market. However, the shortage of trained labor and consumers’ increasing inclination toward minimally processed food products are major challenges impacting the market’s growth.
Here are the top 10 companies operating in the Snacks Processing Equipment Market
Founded in 1983 and headquartered in Garðabær, Iceland, Marel provides advanced food processing equipment, systems, software, and services. The company offers food processing solutions for poultry, meat, and fish, among others. Marel offers portioning and slicing equipment, weighing and sorting solutions, and food processing lines for snack products. The company integrates advanced technology such as automation, digitalization, and robotics to streamline its food processing offerings. Marel operates through five reportable business segments: Poultry, Meat, Fish, Plant, pet, and animal feed. For the Poultry segment, it offers poultry processing equipment, systems, services, and software for broiler, turkey, and duck processors worldwide. For the Fish and Meat segment, the company offers integrated systems and advanced standalone processing equipment for the whitefish and salmon, both farmed and wild, onboard and ashore, and the red meat industry.
GEA Group Aktiengesellschaft (Germany)
Founded in 1881 and headquartered in Düsseldorf, Germany, GEA Group Aktiengesellschaft provides systems and components for the food, beverage, dairy processing, dairy farming, marine, chemical, and pharmaceutical industries. The company supplies processing equipment, machinery and plants, advanced process technology, and comprehensive services for various industries. GEA provides refrigeration solutions for maintaining the freshness and quality of perishable ingredients used in snack manufacturing. The company provides equipment for the dairy industry, offering solutions for milk processing, cheese production, and yogurt manufacturing. It provides a wide range of equipment used in food processing. This could include mixers, blenders, and other machinery that are integral to the production of snack items.
The company operates through five reportable segments: Separation & Flow Technologies, Liquid & Powder Technologies, Food & Healthcare Technologies, Farm Technologies, and Heating & Refrigeration Technologies. The separation & flow technologies adopt process components and machines, including separators, decanters, homogenizers, valves, and pumps for the production processes of foods, beverages, medicines, and home & personal care products. The liquid & powder technologies provide processing equipment and integrated solutions for the dairy, food, new food, beverage, chemical, and home & personal care industries. The food & healthcare technologies provide solutions for food processing for preparation, marinating, and further processing of meat, poultry, seafood, and vegan products and provide processing lines for pasta, baked goods, snacks, breakfast cereals, confectionery, and pet food. The farm technologies offer solutions for milk production and livestock farming, including automatic milking & feeding systems, conventional milking solutions, and digital herd management.
Founded in 1860 and headquartered in Uzwil, Switzerland, Bühler AG is a leading provider of solutions for the manufacturing industry. The company provides a complete solution for processing food, manufacturing advanced materials, and related services. Bühler expertise spans from grain milling to processing raw materials, contributing to sustainable and safe food production. The company integrates digital technologies that offer sorting machines, industrial measuring machines, sensors, control systems, and service-driven products for the food and non-food processing industries. The company operates in four segments: Grains & Food, Advanced Materials, Consumer Foods, and Corporate Functions. The company provides extrusion systems for the production of a wide range of snack products, including extruded snacks and cereals. It offers oven and baking systems designed to achieve the desired texture and flavor profiles. Bühler’s portfolio of fryers is suitable for processing different types of snacks, such as potato chips and extruded snacks.
John Bean Technologies Corporation (U.S.)
Incorporated in 1994 and headquartered in Illinois, U.S., John Bean Technologies Corporation provides technology solutions to the food, beverage, and aviation support industries. The company provides aftermarket products, parts, and services, including retrofits & refurbishments and preventative maintenance agreements, such as ProCare and consulting services. John Bean specializes in providing food processing equipment and services. The company offers fryers and cooking systems suitable for processing a variety of snacks, including potato chips, extruded snacks, and other fried or baked products. It also provides conveying systems that efficiently transport snacks between processing stages. The company operates its business through two segments: FoodTech and AeroTech. The FoodTech segment offers food & beverage solutions that include primary & secondary equipment and processing equipment. Through the AeroTech segment, the company sells critical equipment, including mobile equipment, fixed equipment, and airport equipment & services.
Syntegon Technology GmbH (Germany)
Founded in 1969 and headquartered in Waiblingen, Germany, Syntegon Technology GmbH supplies processing and packaging technology for liquid and solid products in the pharmaceutical, food, and other industries. It focuses on intelligent technologies that ensure product safety, quality, and sustainability throughout the packaging process. Syntegon Technology provides advanced solutions for the production and packaging of snack foods that include extruders, mixers, and other equipment used in the creation of various snack products. The company is known for its packaging solutions, and in the context of snack foods, this could involve packaging machinery tailored to the specific requirements of snacks.
Syntegon Technology GmbH offers processing and packaging technology for food products, medical devices, and pharmaceuticals. The company manufactures machines and automated packaging systems for industries such as pharmaceutical, food, and MedTech. It also offers maintenance, automation, and installation services.
Meticulous Research in its latest publication on Snacks Processing Equipment Market has predicted the growth of 6% during the forecast year 2023-2030.
Alfa Laval AB (Sweden)
Founded in 1883 and headquartered in Lund, Sweden, Alfa Laval AB is a global leading provider of specialized products, solutions, and technologies for heat transfer, separation, and fluid handling. The company provides complete processing technology for dairy processing, food processing, beverage processing, and agriculture processing. Alfa Laval offers products and services that contribute to the efficiency and sustainability of processes in industries such as food, energy, and pharmaceuticals. The company sells its integrated portfolio, including centrifuges, pumps and valves, heat exchangers, thermal fluid systems, boilers, decanters, burners, evaporation systems, high-speed separators, and tank equipment.
Founded in 1950 and headquartered in Texas, U.S., Heat and Control, Inc. is an equipment manufacturer and processing industry supplier for the food, pharmaceutical, and other industries. The company offers fully customized process and packaging lines featuring start-to-finish integration. Heat and Control offers solutions focusing on optimizing production processes and improving the quality of food products. The company has a geographic presence across the U.S., Canada, Latin America, Africa, Northern Europe, Eastern Europe & CIS, Southwest Europe, North Africa & Middle East, Australia, China, India, New Zealand, and Southeast Asia.
Tetra Pak (Switzerland)
Founded in 1952 and headquartered in Pully, Switzerland, Tetra Pak designs, develops, and sells packaging machines for various food and beverage products such as cheese, yogurt, oat milk, ice cream, vegetables, pet food, and others. It provides packaging solutions for food products with different volumes and shapes. The company’s portfolio includes carton packages, processing equipment, packaging equipment, distribution equipment, automation solutions, and services. Tetra Pak’s emphasis on sustainable packaging and innovative processing technologies contributes to the safe and efficient distribution of liquid food products worldwide. The company also offers maintenance and installation services for packaging machines and automation equipment.
Founded in 1819 and headquartered in Peterborough, U.K., Baker Perkins Ltd. is a subsidiary of Hillenbrand, Inc. (U.S.) in September 2023. Baker Perkins Ltd is a global supplier of food processing equipment for bread, biscuits, confectionery, snack and breakfast cereal. It has expertise in various food sectors, including bakery, confectionery, and snack production. The company offers different technologies and applications for the food industry. The company operates in the U.K. and the U.S.
Hillenbrand, Inc. operates through three segments: Advanced Process Solutions, Molding Technology Solutions, and Batesville. The Advanced Process Solutions segment provides compounding, extrusion, and material handling, screening and separating equipment and systems, and services for a wide variety of manufacturing and other industrial processes. The Molding Technology Solutions segment provides a full-line product portfolio that includes injection molding and extrusion equipment, hot runner systems, process control systems, mold bases and components, and maintenance, repair, and operating (“MRO”) supplies. The Batesville segment manufactures and sells funeral service products, including burial caskets, cremation caskets, containers and urns, other personalization and memorialization products, and web-based technology applications.
Kiremko B.V. (Netherlands)
Founded in 1965 and headquartered in Montfoort, Netherlands, Kiremko B.V. designs, builds, and installs processing equipment in the potato processing industry. It provides comprehensive solutions for the entire potato processing chain, including washing, peeling, slicing, frying, and packaging. The company provides a complete solution for french fries, both frozen and fresh, potato chips, flakes, pellet snacks, and other potato products. Kiremko’s expertise lies in developing efficient and environmentally friendly technologies to optimize the production of various potato-based products, such as French fries and potato chips. The company has a geographic presence across China, India, Australia, Mexico, Canada, Spain, the U.S., and the U.K.
Authoritative Research on the Snacks Processing Equipment Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
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