The meat processing equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Meat Processing Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The meat processing equipment market size has grown strongly in recent years. It will grow from $11.56 billion in 2023 to $12.59 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to increased demand for processed meat products worldwide, growth in the meat and poultry industry, focus on food safety and quality standards, need for increased production efficiency and capacity, rise in consumer preferences for convenience foods.
The meat processing equipment market size is expected to see strong growth in the next few years. It will grow to $17.22 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to emphasis on energy efficiency and sustainability in processing plants, research and development in novel meat processing technologies, expansion of value-added meat products and ready-to-eat meals, focus on plant-based and alternative protein processing equipment, market growth in emerging economies and developing meat markets. Major trends in the forecast period include advanced slicing and portioning equipment, integration of automation and robotics, innovations in cooking and smoking equipment, ocus on energy efficiency and sustainability, high-pressure processing (hpp) technology.
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Scope Of Meat Processing Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Meat Processing Equipment Market Overview
Market Drivers –
The increase in consumption of processed meat is expected to propel the growth of the meat processing equipment market going forward. Processed meat provides a number of advantages, including a better taste, a lower risk of meat-borne infections, a longer shelf life, and a high degree of portability. For instance, in June 2021, according to a report published by the Statistics Netherlands, a Netherlands-based government agency, Dutch meat exports amounted to $9.3 billion (18.8 billion euros), with 85 percent consisting of domestically produced or processed meat. The remaining 15 percent pertains to re-exports or transit trade. Therefore, the increasing consumption of processed meat drives the growth of the processed meat market.
Market Trends –
Technological innovation is a key trend gaining popularity in the meat processing equipment market. Technological innovation is the discovery of knowledge that advances technology. For instance, in April 2021, Germany-based food company GEA launched a thermoforming packaging machine for slicing products, meat cuts, sausages, fish, hard cheese, and high-end seafood named PowerPak SKIN.50. With an excellent shelf life, it prevents oxidation and keeps juices and marinades within the package, and provides a clear view of the entire product, and minimizes packaging waste by using thin films and recyclable paperboard webs.
The meat processing equipment market covered in this report is segmented –
1) By Type: Cutting Equipment, Blending Equipment, Tenderizing Equipment, Filling Equipment, Slicing Equipment, Grinding Equipment, Smoking Equipment, Massaging Equipment, Other Equipment
2) By Meat Type: Beef, Mutton, Pork, Other Meat
3) By Application: Fresh Processed Meat, Precooked Meat, Raw Cooked Meat, Cured Meat, Dry Meat, Raw Fermented Sausages, Other Applications
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Regional Insights –
North America was the largest region in the meat processing equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the meat processing equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the meat processing equipment market include GEA Group, JBT Corporation, Marel, Illinois Tool Works, The Middleby Corporation, Bettcher Industries, Equipamientos Carnicos, Biro Manufacturing Company, Braher International, RZPO, Bizerba, Riopel Industries, Minerva Omega Group, Risco, Millard Manufacturing Corporation, Apache Stainless Equipment Corporation, Gee Gee Foods & Packaging, PSS Svidnik, Ross Industries Inc., Metalbud Nowicki, Welbilt Inc., Heat and Control Inc., Key Technology Inc., Duravant LLC, Prime Equipment Group Inc., BAADER, BANSS, Stephan Machinery GmbH, Grote Company, Handtmann Maschinenfabrik GmbH & Co. KG, K+G Wetter GmbH, Seydelmann KG, Vemag Maschinenbau GmbH, FPEC Corp., Hollymatic Corporation, Jarvis Products Corporation, Mepaco
Table of Contents
- Executive Summary
- Meat Processing Equipment Market Report Structure
- Meat Processing Equipment Market Trends And Strategies
- Meat Processing Equipment Market – Macro Economic Scenario
- Meat Processing Equipment Market Size And Growth
…..
- Meat Processing Equipment Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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