Report Overview

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

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Snack Pellet Equipment Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increasing Demand in Saudi Arabia Snack Pellet Industry
         2. Expansion of retail landscape in developing countries.
         3. Government Initiatives to Expand the Processed and Extruded Food Sectors
      2. Restraints
         1. Shortage of raw materials due to geopolitical tensions
      3.  Opportunities
         1. Increase in Health consciousness of customers
         2. Increasing Innovations in Food Extrusion Processes
      4. Challenges
         1. Costs rise as imports are delayed.
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Saudi Arabia Snack Pellet Equipment Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
      2. Market Share and Forecast
      3. By Product Type
         1. Potato based
         2. Multigrain based
         3. Corn based
         4. Tapioca based
         5. Others
      4. By Equipment Type
         1. Extrusion
            1. Twin Screw Extruder
            2. Single Screw Extruder
         2. Mixing
         3. Cutting
         4. Drying
         5. Frying
         6. Seasoning
         7. Others
      5. By Form
         1. 2D
         2. Tridimensional
         3. Die-Faced
         4. Others
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Saudi Arabia Snack Pallet Equipment Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on Saudi Arabia Snack Pellet Equipment Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Dalmanza Food Industries Co.
   2. Nasma Food Co. Ltd.
   3. Taha Abdullah Wooden Pallets Factory
   4. Al- Babtain Plastic Barrel Co. Ltd
   5. Repall Plastic Pallets
   6. BFY Brands
   7. Almounajed Food Industries
   8. Universal Robina Corporation
   9. Al Kabeer Group ME
   10. BACH SNACKS SAL
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1.  Qualitative Research
      1.  Primary & Secondary Research
   2.  Quantitative Research
   3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
   4.  Breakdown of Primary Research Respondents, By Region
   5.  Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       Saudi Arabia Snack Pellet Equipment Segmentation

Figure 2       Saudi Arabia Snack Pellet Equipment Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Saudi Arabia Snack Pellet Equipment Market Size, By Value (USD Million), 2019-2029

Figure 5       Saudi Arabia Snack Pellet Equipment Market Share, By Product Type, By Value, 2019-2029

Figure 6       Saudi Arabia Snack Pellet Equipment Market Share, By Equipment Type, By Value, 2019-2029

Figure 7       Saudi Arabia Snack Pellet Equipment Market Share, By Form, By Value, 2019-2029

List of Tables

Table 1        Saudi Arabia Snack Pellet Equipment Market Size, By Value (USD Million), 2019-2029

Table 2        Saudi Arabia Snack Pellet Equipment Market Size, By Product Type, By Value, 2019-2029

Table 3        Saudi Arabia Snack Pellet Equipment Market Size, By Equipment Type, By Value, 2019-2029

Table 4        Saudi Arabia Snack Pellet Equipment Market Size, By Form, By Value, 2019-2029

Table 5        Dalmanza Food Industries Co. Company Overview

Table 6        Dalmanza Food Industries Co. Financial Overview

Table 7        Nasma Food Co. Ltd. Company Overview

Table 8        Nasma Food Co. Ltd. Financial Overview

Table 9        Taha Abdullah Wooden Pallets Factory Company Overview

Table 10      Taha Abdullah Wooden Pallets Factory Financial Overview

Table 11      Altigreen Company Overview

Table 12      Altigreen Financial Overview

Table 13      Repall Plastic Pallets Company Overview

Table 14      Repall Plastic Pallets Financial Overview

Table 15      Al- Babtain Plastic Barrel Co. Ltd Company Overview

Table 16      Al- Babtain Plastic Barrel Co. Ltd Financial Overview

Table 17      BFY Brands Company Overview

Table 18      BFY Brands Financial Overview

Table 19      Almounajed Food Industries Company Overview

Table 20      Almounajed Food Industries Financial Overview

Table 21      Universal Robina Corporation Company Overview

Table 22      Universal Robina Corporation Financial Overview

Table 23      Al Kabeer Group ME Company Overview

Table 24      Al Kabeer Group ME Financial Overview

Table 25      BACH SNACKS SAL Company Overview

Table 26      BACH SNACKS SAL Financial Overview