Meat and Poultry Processing Equipment Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033
What Is The Estimated Market Size Of The Global Meat and Poultry Processing Equipment Market And Its Annual Growth Rate?
The meat and poultry processing equipment market is projected to continue its strong growth, reaching $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.
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Growth Driver Of The Meat and Poultry Processing Equipment Market
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.
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Which Market Players Are Steering the Meat and Poultry Processing Equipment Market Growth?
Key players in the market include 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.
What Are the Dominant Trends in Meat and Poultry Processing Equipment Market Overview?
Major companies operating in the market are focused on developing innovative products, such as physical contaminant detection solutions, to gain a competitive edge in the market. Physical contaminant detection solutions are various technologies employed to identify and remove foreign objects or contaminants that may pose a health or safety hazard to consumers, ensuring product safety and quality.
How Is The Global Meat and Poultry Processing Equipment Market 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
Geographical Insights: North America Leading The Meat and Poultry Processing Equipment Market
North America was the largest region in the market in 2023. The regions covered in the market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Meat and Poultry Processing Equipment Market Definition
Meat and poultry processing equipment is a specialized type of device with cutting-edge functionality that enables operators to process meat at scale while maintaining the high standards of quality that consumers demand from processed meat products.
Meat and Poultry Processing Equipment Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global meat and poultry processing equipment market report covering trends, opportunities, strategies, and more
The Meat and Poultry Processing Equipment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on meat and poultry processing equipment market size, meat and poultry processing equipment market drivers and trends, meat and poultry processing equipment market major players and meat and poultry processing equipment market growth across geographies. This market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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