Meat Processing Equipment Market is Anticipated to Generate USD 19.6 Billion by 2031 | AMR

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.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 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.

𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

GEA Group Aktiengesellschaft
Illinois Tool Works Inc.
Heat and Control, Inc.
Marel
JBT Corporation
The Middleby Corporation
Welbilt, Inc.
Bettcher Industries, Inc.
Key Technology, Inc.
Equipamentos Carnicos, S.L.

The report analyzes these key players in the global meat processing equipment market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.

𝐁𝐮𝐲 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/checkout-final/eab9c4f15e76b661ad424094e8b0f04e

By application, the fresh processed meat contributed to the major share in 2021, holding more than one-fifth of the global meat processing equipment market revenue and is projected to rule the roost by 2031. The segment growth is attributed to rapid urbanization and rising food prices in developing nations. The use of fresh processed meat in sausages, burger patties, and kebabs further boosts the meat processing equipment market. On the other hand, the raw cooked meat segment would portray the fastest CAGR of 5.8% from 2022 to 2031. Owing to the consumption of raw cooked meat, such as hamburgers, the segment is quickly growing.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

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.

Based on type, the cutting equipment segment accounted for a major share of the global meat processing equipment market in 2021. Cutting is often the first operation to be employed in meat processing to separate essential meat & fat portions of the carcass from the non-essential ones. Cutting is often carried out under vacuum conditions to reduce the disintegration of the protein content, which allows a greater volume of filling in sausages and patties. The cutting equipment segment is expected to maintain its dominance and grow at the highest CAGR during the forecast period, as it is the most common processing equipment used in the food industry.

𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬, 𝐏𝐥𝐞𝐚𝐬𝐞 𝐟𝐞𝐞𝐥 𝐟𝐫𝐞𝐞 𝐭𝐨 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐨𝐮𝐫 𝐚𝐧𝐚𝐥𝐲𝐬𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/2301

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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