Meat Processing Equipment Market Overview: Market Size

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The Meat and Poultry Processing Equipment by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Meat and Poultry Processing Equipment, 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..

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.

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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

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 report table of contents includes:

Executive Summary
Meat and Poultry Processing Equipment Market Characteristics
Meat and Poultry Processing Equipment Market Trends And Strategies
Meat and Poultry Processing Equipment Market – Macro Economic Scenario
Global Meat and Poultry Processing Equipment Market Size and Growth

Global Meat and Poultry Processing Equipment Market Competitive Benchmarking
Global Meat and Poultry Processing Equipment Market Competitive Dashboard
Key Mergers And Acquisitions In The Meat and Poultry Processing Equipment Market
Meat and Poultry Processing Equipment Market Future Outlook and Potential Analysis
Appendix

Top Major Player: