The Meat and Poultry Processing Equipment Global Market Report 2023, provides comprehensive information on the meat and poultry processing equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Meat and Poultry Processing Equipment Market’s Growth:
As per The Business Research Company’s Meat and Poultry Processing Equipment Global Market Report 2023, the global meat and poultry processing equipment market size is expected to grow from $10.75 billion in 2022 to $11.79 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global meat and poultry processing equipment market size is expected to reach $16.38 billion in 2027 at a CAGR of 8.6%.
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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 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
North America was the largest region in the meat and poultry processing equipment market in 2022.
The table of contents in TBRC’s meat and poultry processing equipment market report 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
- Meat and Poultry Processing Equipment Market Size And Growth
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- Africa Meat and Poultry Processing Equipment Market
- Meat and Poultry Processing Equipment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Meat and Poultry Processing Equipment Market
- Meat and Poultry Processing Equipment Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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