Meat Processing Equipment Market Report 2023 by Global Key Players, Types, Applications, Countries, Market Size, Forecast to 2031

The global meat processing equipment market growth is driven by factors, including the increase in the demand for meat, change in the lifestyle of people and consumers' inclination toward the use of ready-to-eat packaged food products. Furthermore, the market has been significantly influenced by the food and beverage processing industry. Also, the demand for meat processing equipment is expected to grow due to the increase in the demand for meat and poultry processing as well as safety regulations in the processing sector. However, the growth of the meat processing equipment market is hindered by an increase in the price of the machineries and restrictions and regulations in meat processing.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗧𝗵𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗢𝗳 𝗧𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.alliedmarketresearch.com/request-sample/2301

The meat processing equipment market size was valued at $12.3 billion in 2021, and is estimated to reach $19.6 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.

Factors that drive the growth of the market are changes in the lifestyle of people and varied consumer trends toward the use of ready-to-eat food products. Moreover, the food & beverage processing industry has influenced the market to a large extent. In addition, growth in demand for meat and poultry processing and safety regulations in the processing industry is expected to fuel the demand for the meat processing equipment industry in the near future. Moreover, the demand for processed meat is expected to rise in emerging markets such as Asia-Pacific, Latin America, and Africa, providing lucrative growth opportunities during the meat processing equipment market forecast. However, an increase in the cost of raw materials is expected to hamper the meat processing equipment market growth in the near future.

𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

Welbilt, Inc.
GEA Group AG
The Middleby Corporation
Heat and Control, Inc.
Marel
Key Technology, Inc.
JBT Corporation
Illinois Tool Works Inc. (ITW)
Bettcher Industries, Inc. and Equipamientos Cárnicos
S.L. (Mainca).

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (306 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/checkout-final/c912913c7a24e73a5113bf0b2c3e32f5

Based on meat type, the processed pork segment has been gaining a significant share in the global meat processing equipment market and is expected to sustain its share during the forecast period. Pork is edible meat obtained from domestic pigs and is the most common type of meat consumed worldwide. It is highly prized in various Asian cuisines for its high-fat content and pleasant texture. Pork processing can be divided into three broad stages- slaughtering, cutting, and further processing. Cutting is a size reduction operation in which meat is separated from the carcass and cut into smaller portions.

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

By type, the cutting equipment segment in meat processing equipment is expected to grow at a CAGR of 4.9% from 2022 to 2031.

In terms of value, the processed pork segment is expected to grow at a CAGR of 4.8% from 2022 to 2031.

By application, the raw cooked meat segment is estimated to hold 20.2% of the share of the global meat processing equipment market by 2031.

North America has been gaining a dominant share in the global meat processing equipment market and is expected to grow at a CAGR of 3.1% during the forecast period.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝: https://www.alliedmarketresearch.com/request-for-customization/2301

North America garnered the major share in 2021-

By region, North America garnered the highest share in 2021, holding more than one-third of the global meat processing equipment market revenue and expected to maintain its leadership status throughout the forecast period. The convenience of storage, decline in meat prices, and improvement in meat quality all over the world are expected to drive the growth of the processed meat market. Additionally, due to the high protein content in processed meat, raw cooked meat consumption has increased in North America, which is predicted to further boost the market growth for meat processing equipment.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

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