Press release
Asia-Pacific meat processing equipment market, pork meat in East-Asian countries anticipated to boost the demand thereby, driving the market growth.
The Asia-Pacific meat processing equipment market size was $2,531.9 million in 2016 and is projected to reach $4,541.9 million by 2023, growing at a CAGR of 8.7% from 2017 to 2023. Rapid economic growth and increase in per capita income in the Asia-Pacific region led to significant changes in food production.Get sample report: https://www.alliedmarketresearch.com/request-sample/5043?utm_source=openpr
There is a change in the food consumption patterns, owing to surge in demand for a more diversified diet such as meat. The processed pork segment constitutes a major portion of the Asia-Pacific meat processing equipment market, owing to the popularity of pork meat in East-Asian countries as pigs are raised in a minimalistic setup while providing ample amount of meat. This is anticipated to boost the demand for the Asia-Pacific meat processing equipment market, thereby, driving the market growth. In addition, rise in demand for the cutting equipment segment further drives the Asia-Pacific meat processing equipment market growth.
The leading players in the global meat processing equipment market have focused on acquisitions, collaborations, and expansions as their key strategies to gain a significant share in the market. The key players profiled in the report include GEA Group AG, JBT Corporation, Key Technology, Inc., Marel, Heat and Control, Inc., Illinois Tool Works, Inc., Manitowoc, The Middleby Corporation, Bettcher Industries, Inc., and Equipamientos Crnicos, S.L. (Mainca). Other players profiled in this report include Yanagiya Machinery Co., Ltd., Gold Peg International, Henan Welly Machinery Equipment Co., Ltd., Zigma International, and Shunling Refrigeration Kitchenware Equipment.
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3 MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. key Findings
3.2.1. Top investment pockets
3.3. market dynamics
3.3.1. Drivers
3.3.1.1. Changes in consumer preferences
3.3.1.2. Increased demand for premium packaged food
3.3.2. Restraints
3.3.2.1. High machine cost
3.3.2.2. Government restriction and regulation on the sale and purchase of cattle for slaughter
3.3.3. Opportunities
3.3.3.1. Increase in use of processing methods to avoid the meat spoilage
3.3.3.2. Increase in use of attractive packaging for processed meat products.
3.4. Regulation Analysis
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4 ASIA-PACIFIC MEAT PROCESSING EQUIPMENT MARKET
4.1. Asia-Pacific
4.1.1. Key market trends, growth factors, and opportunities
4.1.2. Market size and forecast
4.1.3. India
4.1.3.1. Market size and forecast, by type
4.1.3.2. Market size and forecast, by meat type
4.1.3.3. Market size and forecast, by application
4.1.4. China
4.1.4.1. Market size and forecast, by type
4.1.4.2. Market size and forecast
4.1.4.3. Market size and forecast, by application
4.1.5. Japan
4.1.5.1. Market size and forecast, by type
4.1.5.2. Market size and forecast
4.1.5.3. Market size and forecast, by application
4.1.6. Korea
4.1.6.1. Market size and forecast, by type
4.1.6.2. Market size and forecast
4.1.6.3. Market size and forecast, by application
4.1.7. Australia
4.1.7.1. Market size and forecast, by type
4.1.7.2. Market size and forecast
4.1.7.3. Market size and forecast, by application
4.1.8. Rest of Asia-Pacific
4.1.8.1. Market size and forecast, by type
4.1.8.2. Market size and forecast
4.1.8.3. Market size and forecast, by application
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