Report Overview

An increasing demand for equipment from the snack pellet industry, expansion of retail landscape in developing countries, government initiatives to expand the processed and extruded food sectors could boost the growth of Saudi Arabia Snack Pellet Equipment Market during the forecast period between 2023 and 2029.

Saudi Arabia Snack Pellet Equipment Market – Industry Trends & Forecast Report, 2029

Saudi Arabia snack pellet equipment market size is projected to grow at a CAGR of 6.24% during the forecast period between 2023 and 2029. Major factor driving the growth of the Saudi Arabia snack pellet equipment market is rising popularity of processed snack pellets due to people's busy lifestyles. The development of snack pellet machinery and technologies is also expected to have a significant impact on the market for snack pellet equipment. Also, the rising demand for a variety of snack pellet food products among people in emerging regions boosts the growth of the market.

Saudi Arabia Snack Pellet Equipment Market - Overview

An automated production line producing ready-to-eat snacks is known as snack pellet equipment. The procedure transforms basic components into a range of final products, including chips, crisps, pellets, and more. In essence, it cuts and forms something to a certain size. The procedure is automated and starts with the removal of the skin before moving on to the cutting and shaping phase when thin slices are initially extracted for shallow-frying or frying.

Growth Drivers

Rising Consumption of Packaged Foods as a Result of Hectic Lifestyle

During the forecast period, Saudi Arabia snack pellet equipment market is expected to grow due to an increasing consumption of packaged food items. Aside from that, the consumers' preference for healthy food products is expected to boost demand for snack pellets in the coming years, assisting the market's growth. To that end, snack pellet manufacturers are concentrating on producing nutritious snacks.

Major Potato-producing Countries' Adoption of Technically Advanced Potato-growing Techniques

During the forecast period, an increasing demand for processed potato products, such as frozen potatoes, from restaurants, hotel chains, and retail sectors will drive the market growth. Also, the development of the Saudi Arabia potato-based snack pellet equipment market is expected to grow owing to the key potato-producing region’s adoption of technologically sophisticated potato-growing techniques. The use of dietary supplements, such as starch extracts, to boost performance and strengthen activity adjustments is increasingly common in today's sports and wellness environment, where individuals are continuously concerned about their health.

Restraints

High Cost of Machinery

Some obstacles and limitations will prevent the market from expanding overall. During the forecast period, factors like the excessive cost of machinery for the Saudi Arabia Snack Pellet Equipment Market and the availability of counterfeit goods are anticipated to impede market expansion.

Impact of COVID-19 on the Saudi Arabia Snack Pellet Equipment Market

COVID-19 pandemic significantly affected the industry that produces snack pellet equipment, halting plant operations and production. It all began in China, the world's center for the supply of raw materials to businesses, and then expanded to every link in the supply chain for businesses engaged in manufacturing. It is anticipated that the COVID-19 pandemic would reduce international investments in the industry that produces snack pellet equipment. Consequently, the demand for snack pellet machinery decreased, especially in 2020.

Saudi Arabia Snack Pellet Equipment Market

Segmental Coverage

Saudi Arabia Snack Pellet Equipment Market - By Product Type

On basis of product type, Saudi Arabia snack pellet equipment market is divided into Potato-based, Multigrain-based, Corn-based, Tapioca-based, and other segments. The multigrain-based segment holds the highest share of the Saudi Arabia snack pellet market by product type and is expected to dominate the market during the forecast period. Multigrain snack pellets are made from a variety of nutritious grain types. Due to their high fiber content, multigrain snack pellets have witnessed a rapid increase in consumer demand. They also have more health and flavor benefits than potato and corn-based snack pellets because of their low-fat content. Growing health awareness among the young population has increased the demand for multigrain snacks that are easy to prepare, healthy fillers between meals, and easy to digest. In response to rising demand, snack pellet manufacturers have expanded their product portfolio with new shapes, forms, and flavors.

Saudi Arabia Snack Pellet Equipment Market - By Equipment Type

On basis of equipment type, Saudi Arabia snack pellet equipment market is divided into Extrusion (Twin Screw Extruder and Single Screw Extruder), Mixing, Cutting, Drying, Frying, Seasoning, and other segments. The extrusion equipment segment leads the market and is forecast to continue to its dominance. The food sector needs top-notch, trustworthy equipment with innovative features to deliver successful outcomes and satisfy consumer expectations. Manufacturers in the industry are mostly focused on developing different kinds of snack pellets for their international clients.

Saudi Arabia Snack Pellet Equipment Market - By Form

On the basis of form, Saudi Arabia snack pellet equipment market is segmented into 2D, Tridimensional, Die-Faced, and others. During the forecast period, the 2D snack pellet equipment segment is expected to hold the highest market share of the Saudi Arabia snack pellet equipment market. The 2D snack pellet equipment plant segment includes cooking, perforation unit, laminating system, cooling systems, cutting unit, pre-drying zone, and frying system. The machine produces a 2D shape and helps to form uniform snack pellet thickness. Twist pellets, round shape pellets, flower shape pellets, and star shape pellets are some of the 2D snack pellet shapes available. Thus, the growing consumer preference for enhanced designs in snack pellets propels the 2D segment's growth during the forecast period.

Competitive Landscape

Major players in the Saudi Arabia snack pellet equipment market include Dalmanza Food Industries Co., Nasma Food Co. Ltd., Taha Abdullah Wooden Pallets Factory, Al- Babtain Plastic Barrel Co. Ltd, Repall Plastic Pallets, BFY Brands, Almounajed Food Industries, Universal Robina Corporation, Al Kabeer Group ME, and BACH SNACKS SAL. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

By Product Type

• Potato-based

• Multigrain-based

• Corn-based

• Tapioca-based

• Others

By Equipment Type

• Extrusion

1. Twin Screw Extruder

2. Single Screw Extruder

• Mixing

• Cutting

• Drying

• Frying

• Seasoning

• Others

By Form

• 2D

• Tridimensional

• Die-Faced

• Others