Meat and Poultry Processing Equipment Market Size, Share, Trends and Forecast 2030, By Types (Slaughtering, Processing, Packaging, Storage Equipment) By Applications (Fresh Processed, Precooked, Raw-Cooked, Raw-Fermented Sausages, Cured)

Report ID :
3103

Publisher ID :
theinsightbridge

Published :
2023-06-12

Pages :
174

Purchase Option
$4500

Meat and Poultry Processing Equipment Market Introduction

 The meat and poultry processing equipment market refers to the machinery and equipment used for processing, cutting, and packaging meat and poultry products. This equipment plays a crucial role in the meat and poultry industry, as it helps to increase production efficiency, improve product quality and safety, and reduce labor costs.The meat and poultry processing equipment market includes various types of equipment such as grinders, mixers, slicers, cutters, tenderizers, smokers, and packaging equipment. The equipment is used to process various types of meat and poultry products, including beef, pork, chicken, turkey, and others.The growth of the meat and poultry processing equipment market is driven by various factors, including the increasing demand for processed meat and poultry products, the growing population, and rising disposable incomes. The demand for high-quality, safe, and healthy meat products is also driving the growth of the market.The market is highly competitive, with a large number of players operating in the market. These players are investing in research and development to develop innovative and advanced equipment that can help increase production efficiency and reduce costs. Additionally, they are also focusing on strategic partnerships and collaborations to expand their market presence and customer base.

Meat and Poultry Processing Equipment Market Size

The global meat and poultry processing equipment market was valued at USD 6.82 billion in 2020. The market is expected to reach USD 9.67 billion by 2026, growing at a CAGR of 5.8% during the forecast period of 2021-2026.The increasing demand for meat and poultry products, rising population, and the need for increased production efficiency and quality are some of the key factors driving the growth of the market. The market is expected to witness significant growth in emerging economies such as China, India, and Brazil, where the demand for processed meat and poultry products is rapidly increasing.The meat processing equipment segment is expected to dominate the market, accounting for the largest share of the market, followed by poultry processing equipment. The grinding equipment segment is expected to witness the highest growth rate during the forecast period.Geographically, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by the increasing demand for meat and poultry products in the region. North America and Europe are also expected to be significant contributors to the growth of the market.Overall, the meat and poultry processing equipment market is expected to witness significant growth in the coming years, driven by various factors such as the increasing demand for processed meat and poultry products, the need for increased production efficiency and quality, and the rising population.

Meat and Poultry Processing Equipment Market Share

The global meat and poultry processing equipment market is highly competitive, with a large number of players operating in the market. Here are some of the key players in the market:

  1. GEA Group AG
  2. JBT Corporation
  3. Marel hf.
  4. Illinois Tool Works Inc.
  5. Tetra Laval International S.A.
  6. Key Technology Inc.
  7. BAADER Group
  8. Bettcher Industries Inc.
  9. Heat and Control Inc.
  10. Middleby Corporation

These companies are investing in research and development to develop innovative and advanced equipment that can help increase production efficiency and reduce costs. They are also focusing on strategic partnerships and collaborations to expand their market presence and customer base.In terms of market share, GEA Group AG is a leading player in the market, followed by JBT Corporation and Marel hf. These companies are focusing on product innovation and development, strategic partnerships and collaborations, and acquisitions to strengthen their market position and gain a competitive edge.The market is expected to witness significant growth in emerging economies such as China, India, and Brazil, where the demand for processed meat and poultry products is rapidly increasing. The market is also expected to witness growth in North America and Europe, driven by the increasing demand for convenience foods and the need for increased production efficiency and quality.

Meat and Poultry Processing Equipment Market Trends

Here are some of the key trends in the meat and poultry processing equipment market:

  1. Increasing demand for automation: Automation is becoming increasingly important in the meat and poultry processing industry. The use of automated equipment can help increase production efficiency, improve product quality and safety, and reduce labor costs. As a result, there is a growing demand for automated processing equipment in the meat and poultry industry.
  2. Focus on hygiene and food safety: There is a growing focus on hygiene and food safety in the meat and poultry industry. The use of advanced processing equipment that meets strict hygiene and food safety standards is becoming increasingly important. Manufacturers are investing in R&D to develop equipment that meets these standards and helps ensure the safety of meat and poultry products.
  3. Increasing demand for high-quality, healthy meat products: Consumers are increasingly concerned about the quality and healthiness of the meat products they consume. As a result, there is a growing demand for high-quality, healthy meat products that are free from additives and preservatives. This is driving the development of new processing equipment that can help preserve the natural quality and flavor of meat products.
  4. Adoption of advanced technologies: Manufacturers are increasingly adopting advanced technologies such as IoT, AI, and big data analytics to improve the efficiency and productivity of their processing operations. These technologies can help optimize processing parameters, reduce waste, and improve product quality.
  5. Sustainable processing practices: There is a growing awareness of the environmental impact of meat processing operations. As a result, manufacturers are adopting sustainable processing practices that help reduce waste and conserve resources. This includes the use of energy-efficient equipment, water conservation measures, and waste reduction strategies.

Overall, these trends are driving the development of innovative and advanced processing equipment that meets the evolving needs of the meat and poultry industry.

Meat and Poultry Processing Equipment Market Driving Factors

Here are some of the key factors driving the growth of the meat and poultry processing equipment market:

  1. Increasing demand for meat and poultry products: The global demand for meat and poultry products is increasing due to the growing population, rising disposable incomes, and changing dietary habits. This is driving the demand for meat and poultry processing equipment as manufacturers seek to increase their production capacity to meet this growing demand.
  2. Need for increased production efficiency and quality: Meat and poultry processing operations require a high level of efficiency and quality to ensure product safety and meet regulatory requirements. The use of advanced processing equipment can help increase production efficiency and improve product quality.
  3. Technological advancements in processing equipment: Advances in processing equipment technology, including automation, robotics, and IoT, are driving the development of new and innovative processing equipment that can help improve efficiency, reduce costs, and enhance product quality.
  4. Focus on food safety and hygiene: There is a growing focus on food safety and hygiene in the meat and poultry industry. The use of advanced processing equipment that meets strict hygiene and food safety standards is becoming increasingly important.
  5. Growing demand for convenience foods: Convenience foods, including processed meat and poultry products, are becoming increasingly popular due to the busy lifestyles of consumers. This is driving the demand for processing equipment that can help manufacturers produce these products efficiently and cost-effectively.
  6. Increasing regulations and standards: Regulatory bodies are imposing increasingly strict regulations and standards on the meat and poultry processing industry to ensure the safety and quality of products. This is driving the need for advanced processing equipment that can help manufacturers meet these standards and regulations.

Overall, these factors are driving the growth of the meat and poultry processing equipment market as manufacturers seek to increase their production capacity, improve efficiency, and enhance product quality and safety.

Meat and Poultry Processing Equipment Market Regional Analysis

The meat and poultry processing equipment market is a global market, with key regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.North America and Europe are mature markets for meat and poultry processing equipment, with established players and well-developed processing operations. These regions are driven by the growing demand for convenience foods and the need for increased production efficiency and quality. The US, Canada, Germany, France, and the UK are the key countries driving the growth in these regions.The Asia-Pacific region is expected to witness significant growth in the meat and poultry processing equipment market, driven by the increasing demand for processed meat and poultry products in countries such as China, India, and Japan. The growing population and rising disposable incomes are driving the demand for these products in the region. Moreover, increasing investments in food processing technology and infrastructure are expected to further drive the growth of the market in the region.Latin America and the Middle East and Africa regions are also expected to witness significant growth in the meat and poultry processing equipment market due to increasing investments in the food processing industry, rising demand for meat and poultry products, and growing awareness about food safety and hygiene. Brazil, Mexico, and Argentina are the key countries driving the growth in Latin America, while Saudi Arabia, UAE, and South Africa are the key countries driving the growth in the Middle East and Africa region.Overall, the meat and poultry processing equipment market is expected to witness significant growth in all regions as manufacturers seek to increase their production capacity, improve efficiency, and enhance product quality and safety to meet the growing demand for meat and poultry products. 

Meat and Poultry Processing Equipment Market Forecast 2030

The meat and poultry processing equipment market is expected to continue growing and reach a value of USD 19.7 billion by 2030, at a CAGR of 6.5% during the forecast period (2021-2030).The growing demand for meat and poultry products, driven by population growth, rising disposable incomes, and changing dietary habits, is expected to be a key driver of the market. Additionally, increasing focus on food safety and hygiene, as well as the need for increased production efficiency and quality, are expected to drive the demand for meat and poultry processing equipment.Technological advancements, including automation, robotics, and IoT, are expected to further drive the growth of the market, as these technologies can help improve efficiency, reduce costs, and enhance product quality. Moreover, increasing investments in food processing technology and infrastructure in developing countries, particularly in the Asia-Pacific region, are expected to further boost the growth of the market.In terms of equipment type, the meat processing segment is expected to hold the largest share of the market, driven by the growing demand for processed meat products. However, the poultry processing segment is expected to witness significant growth during the forecast period, driven by the increasing demand for poultry products, particularly in developing countries.In terms of region, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period, driven by the increasing demand for meat and poultry products in countries such as China and India, and the growing investments in food processing technology and infrastructure in the region.Overall, the meat and poultry processing equipment market is expected to continue growing and present significant opportunities for manufacturers in the coming years, driven by the growing demand for meat and poultry products and the need for increased production efficiency, quality, and safety.

Meat and Poultry Processing Equipment Market Industry Key Players

Some of the key players in the meat and poultry processing equipment market include:

  1. Marel HF
  2. JBT Corporation
  3. GEA Group AG
  4. Illinois Tool Works Inc.
  5. Middleby Corporation
  6. Bettcher Industries Inc.
  7. Baader Group
  8. Key Technology Inc.
  9. Heat and Control Inc.
  10. Manitowoc Company Inc.

These companies are focusing on new product development, strategic collaborations, and mergers and acquisitions to expand their market presence and cater to the growing demand for meat and poultry processing equipment. Moreover, companies are investing in advanced technologies such as automation, robotics, and IoT to enhance their product offerings and increase production efficiency and quality.

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