The global meat & poultry processing equipment market is expected to grow from USD 4.96 billion 2017 to USD 6.49 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 3.91%.
"Emphasis on processed meat and poultry products
is one of the factors largely attributing to the growth of meat & poultry processing equipment market globally"
The factors attributing to the growth of the market are emphasis on processed meat and poultry products, rise in consumer preference toward protein-rich food, and mechanization in production processes has contribute to labor reduction, meat quality and safety. However, some factors such as international economic and political tensions, and lack of awareness regarding technological advancements among small producers may hinder the market growth. The global meat & poultry processing equipment market is expected to showcase the opportunities such as growing prospects of e-commerce businesses, m&a to increase market share and develop technologies in meat processing equipment, and adoption of sous vide technology in processing meat. In the near future, the market may face the possible challenges in the growth due to health risks associated with consumption of processed meat, and growing preference for vegan diet and outbreak of livestock diseases. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global meat & poultry processing equipment market market.
On the basis of equipment, the global meat & poultry processing equipment market is studied across Cut-Up, Deboning & Skinning, Evisceration, Killing & Defeathering, and Marinating & Tumbling.
On the basis of meat type, the global meat & poultry processing equipment market is studied across Cattle, Chicken, Duck, Pig, Rabbit, Sheep, and Turkey.
On the basis of product, the global meat & poultry processing equipment market is studied across Cured, Dried, Fresh Processed, Pre-Cooked, Raw Cooked, and Raw Fermented Sausages.
On the basis of geography, the global meat & poultry processing equipment market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
"BAADER Group: The potential growing player for the global meat & poultry processing equipment market"
The key players profiled in the global meat & poultry processing equipment market are BAADER Group, BAYLE S.A., Bettcher Industries, Inc., C.G. Manufacturing & Distributing Inc., CTB, Inc., EQUIPAMIENTOS CARNICOS, S.L., GEA Group AG, Heat and Control, Inc., John Bean Technologies Corporation, Key Technology, Marel hf, Prime Equipment Group, Inc., TOMRA, Tetra Laval International S.A., and browerequip.com.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global meat & poultry processing equipment market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global meat & poultry processing equipment market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global meat & poultry processing equipment market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global meat & poultry processing equipment market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global meat & poultry processing equipment market.