Poultry Processing Equipment Market to grow at over 4.3% CAGR To 2028

The poultry processing equipment market is projected to reach USD 5.20 billion by 2028, at a CAGR of 4.3% between 2018 and 2028 According to Quince Market Insights the Global Poultry Processing Market has witnessed a significant growth in the global market owing to the increasing demand for processed food and changing lifestyle of consumers. Poultry processing equipment is used for converting live poultry to raw poultry products that are considered suitable for human consumption. Exponentially growing demand for meat processing equipment has played a major part in the meat production process, this can be important determinant immensely contributing to the rise of the global poultry processing market. Numerous other developments in meat processing techniques can be determinants in increasing growth of the global market for poultry processing equipment. Also, mechanization in meat production method reduced the labor cost and quality and safety of the meat in a positive way.

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Customer choice towards instant ready to eat and suitable protein packaging food due to inordinate lifestyle, increasing demand for custom fillets and a specific portion of the meat from the fine dining restaurants and hotels, stringent regulation and subsidiary imposed by government are other factors strongly supporting the growth of the poultry processing equipment market in the upcoming decade. On the other hand, in the developing countries, the main part of the populace cannot afford expensive meat processing equipment, this is an imminent factor in limiting the growth of the global poultry processing equipment market. Lack of awareness regarding the progress achieved in equipment to the local vendor likely to stagnate the growth of the global poultry processing equipment market.

Asia Pacific is witnessed to be the most promising market. The changing lifestyle and purchasing pattern is what makes the Asia Pacific a promising market for the poultry processing equipment. However, in some places, people operate local poultry operation in small scale size and use manual processing techniques. Also, North America and Europe are also emerging in the poultry processing equipment market due to the increasing consumption of processed food in the region.

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Market Segmentation:

By Poultry Type:

• Chicken
• Turkey
• Ducks
• Others 

By Equipment Type:

• Killing & De-feathering
• Evisceration
• Cut-ups
• Deboning & Skinning
• Marinating & Tumbling

By Product Type:

• Fresh Processed
• Raw-cooked
• Raw Fermentation Sausages
• Cured
• Dried
• Others

By Region:

• North America
• Western Europe
• Eastern Europe
• Asia-Pacific
• Middle East
• Rest of the World

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Major companies operating in the global poultry processing equipment market GEA Food Solutions, Manitowoc, Marelhf, Tool Works, Baader Food Processing Machinery, Key Technology Inc, Waltons Co., Prime Equipment Group Inc., Key Technology, Inc., Marel HF, Brower Equipment, John Bean Technologies Corporation, Tetra Laval International, Bettcher Industries, Bayle S.A., CTB Inc

Quince Market Insights
Pune - 411028
Email: sales@quincemarketinsights.com
Website: https://quincemarketinsights.com/
Phone: + 91-2026992033

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments about market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

This release was published on openPR.