Meat Processing Equipment Market to Observe Highest Growth of $19.6 billion with Growing CAGR of 4.7% 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 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: 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. In addition, automated food processing equipment has experienced an increase in demand due to an increasing focus on production efficiency and cost reduction.

Regional Analysis

In terms of value, North America and Europe collectively contributed around 66.7% of the global meat processing equipment market share in 2018. The leading players in the meat processing equipment industry have focused on product launch and acquisition as their key strategies to gain a significant meat processing equipment market share. The high level of automation utilized in the meat processing industry is to account for the increased demand for equipment in the area. Additionally, meat is one of the most critical parts of the meal in the region due to its high protein content

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.

𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.alliedmarketresearch.com/checkout-final/52afa2df4876956b045ec290dd1e940a

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.

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.

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

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.

𝐓𝐚𝐥𝐤 𝐭𝐨 𝐨𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/2301

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.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Portable Food Safety Detectors Market - https://www.globenewswire.com/en/news-release/2023/04/04/2640912/0/en/Portable-Food-Safety-Detectors-Market-Size-to-Generate-11-8-Billion-by-2031-Allied-Market-Research.html

GMO Testing Market - https://www.prnewswire.com/news-releases/gmo-testing-market-size-to-gather-6-2-billion-by-2031-report-by-allied-market-research-301986940.html

Milk Packaging Market - https://www.globenewswire.com/en/news-release/2022/06/21/2465824/0/en/Global-Milk-Packaging-Market-Is-Expected-to-Reach-65-97-Billion-by-2031-AMR.html

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