About Food Puffing Machine
Food Puffing Machine are the cooking food extruder that specially designed for harsh environmental condition. Over the past few years, demand for Food Puffing Machine has increased due to increasing customer preference towards health conscious food products. Rapid growth of the organized and food & beverages industry fueling the demand for the product in emerging economies such as India, China, Japan, and others. Further, increasing use of Food Puffing Machine among population is anticipated to remain a key driving factor for the market growth. In addition, increasing awareness and growing brand awareness among customers further driving the demand for the product. Moreover, some of the major players in the market such as DP Korea , EKC, CRETORS and others are focusing on marketing strategies and product innovation to meet the changing customer demand which is expected to drive the market demand over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
In food puffing machine market, it has been observed that most of the companies are upgrading or introducing different type of processed machine technology that provides more value addition to the commodity and widespread techniques that is used in prevention of post-harvest losses. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Puffing Machine market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DP Korea (South Korea), EKC (India), CRETORS (United States), Rising industries (India), Haitel (United States), Hebei Shero Machinery (China), ANKO (Australia) and Jinan Dayi Extrusion Machinery (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Labh Group (India), SAIXIN (China), Puritan (United States) and ABC Agro and Food Machine (India).
Segmentation Overview
AMA Research has segmented the market of Global Food Puffing Machine market by Type (Wheat, Rice, Corn, Sorghum and Ragi), Application (Bakery Industry and Snacks Industry.) and Region.
On the basis of geography, the market of Food Puffing Machine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Sales Channel, the sub-segment i.e. OEMs (Original Equipment Manufacturers) will boost the Food Puffing Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Substitutes Available For Food Puffing Machine and Value Oriented Consumers
Market Growth Drivers:
Increase Demand of Food Puffing Machine due to High Consumption of Processed Foods. and Rapid Demand due to Health Consciousness Among Customers.
Challenges:
Limitation Due to Skilled Professional Required For Operation.
Restraints:
Government Regulation Hampers the Food Puffing Machine Market. and High Cost Associated With Food Puffing Machine.
Opportunities:
Proliferation due to Replacement of Conventional Tools over Advanced Technology Leads to Grow the Food Puffing Machine Market. and Upsurge Demand of Food Puffing Machines at Various End User Industries.
Market Leaders and their expansionary development strategies
In September 2022, Shandong Loyal Industrial Co. Ltd. introduced its range of industrial microwave ovens, that showcase a mixture of versatility and power.
In October 2022, Shinyoung Mechanics Co. announced that the mixed rice samples that were sent from Indonesia were tested using the SYP9002 rice cake machine.
Key Target Audience
Food Puffing Machine Manufacturers, Food Puffing Machine Traders, End-Use Market Participants of Different Segments of Food Puffing Machine, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.