Meat Processing Equipment Market: New Trends, Applications, Key Factors, Type & Opportunities Analysis by 2031

Meat Processing Equipment Market by Type (Cutting Equipment, Blending Equipment, Filling Equipment, Tenderizing Equipment, Dicing Equipment, Grinding Equipment, Smoking Equipment, Massaging Equipment, Others), by Meat Type (Processed Pork, Processed Beef, Processed Mutton, Others), by Application (Fresh Processed Meat, Precooked Meat, Raw Cooked Meat, Cured Meat, Dry Meat, Raw Fermented Sausages, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global meat processing equipment industry generated $12.3 billion in 2021 and is projected to reach $19.6 billion by 2031, witnessing a CAGR of 4.7% from 2022 to 2031.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐭: https://www.alliedmarketresearch.com/request-sample/2301

Meat is either consumed as a processed meat product or as a component of kitchen-style food preparations. Processed meat is meat that is modified to improve its taste and shelf life. Processed meat products, although in some regions still in their infancy, are globally gaining ground in popularity and consumption volume. The demand for processed meat is expected to increase due to a surge in consumer demand for food products with multifunctional nutrition benefits. Therefore, meat processing equipment is designed based on specific end-use requirements.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 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/a925c6caf813abbfe233be1133fe6af3

By meat type, the processed beef segment contributed to the highest share in 2021, accounting for nearly one-third of the global meat processing equipment market revenue and maintain its dominance throughout the forecast period. The same segment would also showcase the fastest CAGR of 5.4% from 2022 to 2031. The growth is attributed to a change in dietary habits that has led to an increase in the consumption of beef, which contains high-quality protein, in many different regions. Furthermore, it is predicted that Australia's increased beef production will reduce beef's cost and boost consumer demand. This has propelled market growth.

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. Moreover, regional and global demand for meat products, as well as population growth boost the growth of the meat processing equipment market. However, the Asia-Pacific region is expected to witness the fastest CAGR of 6.3% from 2022 to 2031. Adoption of meat processing equipment is expected to increase in Asia-Pacific due to growth in demand for ready-to-eat food products, changes in the lifestyle of consumers, and stable economic growth. Emerging markets, such as China and India, are expected to show the highest increase in demand for meat processing equipment.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/2301

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. It may then be preserved, sold in portions, or sent for further processing.

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.

𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗶𝗻 𝗙𝗼𝗼𝗱 𝗮𝗻𝗱 𝗕𝗲𝘃𝗲𝗿𝗮𝗴𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

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