Growing Snack Food Market Spurs Investment

PMMI white paper highlights key trends and investment plans for packaging and processing machinery.

FOR IMMEDIATE RELEASE

Herndon, Va.; Jan. 9, 2025 – Snack food makers are optimistic about the future with 92% anticipating at least some growth for the next three years, according to the Snack Foods Packaging Trends white paper and infographic, published by PMMI, The Association for Packaging and Processing Technologies, the producer of the PACK EXPO portfolio of trade shows.

Fueled by an increase in demand and a proliferation of new products and packaging variations such as variety packs, single-serving sizes, and different unit counts, 88% of survey respondents intend to acquire new machinery between now and 2027. About 57% of the new machinery will replace existing equipment, often 20-30 years old.  When asked about key considerations when purchasing new machinery, speed of throughput rose to the top as an answer with many snack makers planning to automate hybrid manual/automatic lines fully. Equipment purchases also are driven by the need to run different packaging materials. Other important equipment purchasing considerations include customizability, ease of use, price, quality and reliability, and the ability to produce high-quality products consistently.

With equipment specifics in mind, OEMs are chosen based on customer service capability and location. According to the white paper, many snack makers prefer US-made equipment, but non-US-made equipment is well-accepted, particularly when the OEM has a U.S. presence to ensure timely support.

The most commonly used machines on snack food lines are labeling, decorating and coding (78%), form/fill/seal (74%), and filling and dosing (65%).

The proliferation of different products, types of packaging, and sizes is expected to continue in the future. Other industry drivers include the need for longer shelf life, demand for clean and healthy recipes and sustainable packaging, interest in new flavor profiles, and the addition of convenience stores and e-commerce channels.

When asked about their concern, snack food makers highlighted ongoing challenges with workforce recruitment and retention, prompting the adoption of technology such as AI and virtual reality headsets to assist with training, operation, troubleshooting, and maintenance. Snack makers are also seeking improvements in throughput, food safety, automation, and equipment modularity. These needs are prompting the integration of sensors to help reduce bottlenecks and quality-control systems like metal detectors, as well as automation technologies such as predictive maintenance and remote access.

Sustainability is top of mind for most, but the level of attention and commitment to sustainability varies.

Snack food makers looking for the latest solutions to help with the increased market demand can find them at the all-new PACK EXPO Southeast (March 10 – 12, Georgia World Congress Center, Atlanta). As the most comprehensive show in the region, PACK EXPO Southeast offers crossover solutions for any of today’s biggest manufacturing needs for 40+ vertical markets. Brands will find the Atlanta location, a manufacturing hub of the region, convenient and easy to access for teams to attend, assess the latest technologies, learn from leading industry experts, and make valuable connections to meet current or upcoming projects.

To learn more and register, visit packexposoutheast.com

About PMMI

PMMI, The Association for Packaging and Processing Technologies, represents more than 1,000 manufacturers and suppliers of equipment, components, and materials as well as providers of related equipment and services to the packaging and processing industry. We work to advance a variety of industries by connecting consumer goods companies with manufacturing solutions through the world-class PACK EXPO portfolio of trade shows, leading trade media, and a wide range of resources to empower our members. The PACK EXPO trade shows unite the world of packaging and processing to advance the industries they serve: PACK EXPO International, PACK EXPO Las Vegas, PACK EXPO East, PACK EXPO Southeast, EXPO PACK México, and EXPO PACK Guadalajara. PMMI Media Group connects manufacturers to the latest solutions, trends and innovations in packaging and processing year-round through brands including Packaging World, ProFood World, Healthcare Packaging, OEM, Contract Manufacturing and Packaging, and Mundo EXPO PACK. PMMI Business Drivers assist members in pursuing operational excellence through workforce development initiatives, deliver actionable business intelligence on economic, market, and industry trends to support members’ growth strategies, and actively connect the supply chain throughout the year.

Learn more at pmmi.org and packexpo.com and pmmimediagroup.com.

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