The meat and poultry 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 and Poultry 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 and poultry processing equipment market size has grown strongly in recent years. It will grow from $11.72 billion in 2023 to $12.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to sustainability and efficiency, industrial revolution and mechanization, food safety regulations, growing urbanization and demand, quality control and standardization..
The meat and poultry processing equipment market size is expected to see strong growth in the next few years. It will grow to $18.16 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to focus on food safety and hygiene, rising demand for processed foods, sustainable processing practices, customization and flexibility, market expansion in developing regions.. Major trends in the forecast period include automation and robotics integration, enhanced food safety measures, focus on hygienic design, adaptation to changing consumer demands, efficiency and sustainability..
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Scope Of Meat and Poultry Processing Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Meat and Poultry Processing Equipment Market Overview
Market Drivers –
The rising consumption of processed meat and poultry products is expected to propel the growth of the meat and poultry processing equipment market going forward. Consumption of processed meat and poultry refers to the consumption or eating of goods that have undergone at least one additional processing or preparation step, such as grinding, adding an ingredient, or heating, which modifies the appearance, texture, or flavor. Meat and poultry processing equipment plays an important role in manufacturing processed meat and related products and is used for various purposes such as slicing, chilling, and dicing, as a result, rising consumption of processed meat and poultry increases the demand for the meat and poultry processing equipment. For instance, in 2022, according to the Food and Agriculture Organization, a Italy-based specialized agency to defect hunger, the global meat production in 2020 was 337.18 million tons, which rose to 339 million tons in 2021. Therefore, the rising consumption of processed meat and poultry products drives the meat and poultry processing equipment market.
Market Trends —
Technological advancements are a key trend gaining popularity in the meat and poultry processing equipment market. Major companies operating in the meat and poultry processing equipment market are focused on developing innovative products with advanced technologies to strengthen their position in the market. For instance, in May 2022, GEA Group AG, a Germany-based food processing technology company, launched the new CutMaster Generation 3 for manufacturing several types of sausage, a variety of chicken, fish, plant-based, vegan, and vegetarian items, and processed cheese. This product is designed with customer-driven technology upgrades with a unique integrated AC drive that provides more flexibility with an easy power supply and is maintenance-free, that relies on cutting-edge technology.
The meat and poultry processing equipment market covered in this report is segmented –
1) By Equipment Type: Killing And Defeathering, Cut Up, Evisceration, Marination And Tumbling, Deboning And Skinning, Other Equipment Type
2) By Processing Type: Raw-Cooked Meat, Freshly processed Meat, Precooked, Cured Meat, Raw Fermented Meat, Dried Meat, Other Processing Types
3) By Meat Type: Cattle, Chicken, Duck, Pig, Rabbit, Sheep, Turkey
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Regional Insights —
North America was the largest region in the meat and poultry equipment market in 2023. The regions covered in the meat and poultry processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies —
Major companies operating in the meat and poultry processing equipment market report are Baader Food Processing Machinery, Bayle SA, Bettcher Industries Inc., Brower Equipment, C.G.Manufacturing & Distribution Inc., Berkshire Hathaway Inc., GEA Group AG, Heat and Control Inc., Meyn Food Processing Technology B.V., Cantrell Gainco Group Inc., Equipamientos Cárnicos S.L., Key Technology Inc., The Middleby Corporation, Formax, a Provisur Technologies Company, ULMA Packaging, John Bean Technologies Corporation, Duravant LLC, Tetra Laval International SA., TOMRA System ASA, JBT Corporation, Weber Maschinenbau GmbH, Prime Equipment Group Inc., CG Manufacturing and Distribution Systems Inc., Welbilt Inc., CTB Inc., Illinois Tool Works Inc., Cabinplant A/S, Cargill Meat Solutions, CPM Wolverine Proctor LLC, FPS Food Process Solutions .
Table of Contents
1. Executive Summary
2. Meat and Poultry Processing Equipment Market Report Structure
3. Meat and Poultry Processing Equipment Market Trends And Strategies
4. Meat and Poultry Processing Equipment Market — Macro Economic Scenario
5. Meat and Poultry Processing Equipment Market Size And Growth
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27. Meat and Poultry Processing Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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