Press release
Meat and poultry processing market Exhibit a Remarkable CAGR of 6.30% Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Data Bridge Market Research analyses that the meat and poultry processing market which was growing at a value of 288.4 billion in 2021 and is expected to reach the value of USD 470.18 billion by 2029, at a CAGR of 6.30% during the forecast period of 2022 to 2029.Market Overview
Meat and poultry processing is defined as the systems in place that can be deployed for various processing mechanisms that help keep foods edible and nutritious throughout the stages of preparation to consumption. The processing primarily aids in the handling, packaging, storing, and preserving of food while it is being stored or transported from one location to another.
Explore Further Details about This Research Meat and Poultry Processing Market Report https://www.databridgemarketresearch.com/reports/global-meat-and-poultry-processing-market
Meat and Poultry Processing Market Dynamics
Drivers
Rising population as well as rise in per capita income
Population growth, combined with rising per capita disposable income, is expected to increase demand for meat and poultry processing market and consumption of processed foods, boosting market growth over the forecast period. Increasing demand from the fast food outlets and chains and the continuous demand for the poultry products will further adds to the market growth.
Growing demand in various applications
Due to their inherent advantages, such as quality control, durability, hygiene, and preservation, these systems are widely used in various applications, including bakery and confectionery, meat, seafood, poultry, dairy, and grains. The product is becoming more widely used in end-use industries, particularly in Asia Pacific, where rising domestic manufacturing and consumer income levels are driving innovation in this sector.
Opportunity
To improve global food security, one must increase pollution control measures and reduce food losses. Standard and advanced processing equipment can easily achieve these solutions. Over the forecast period, this is expected to create opportunities for equipment manufacturers.
Some of the major players operating in the meat and poultry processing market are:
Marel (Iceland)
GEA Group Aktiengesellschaft (Germany)
Bühler (Switzerland)
JBT (US)
The Middleby Corporation (US)
Heat and Control, Inc. (US)
Alfa Laval (Sweden)
TNA Australia Pty Ltd. (Australia)
Bucher Industries (Switzerland)
Equipamientos Cárnicos, S.L (Spain)
Clextral (France)
SPX FLOW (US)
Bigtem Makine (Turkey)
FENCO Food Machinery (Italy)
Krones Group (Germany)
Finis Meat and Poultry Processing B.V. (Netherlands)
Bettcher Industries, Inc. (US)
Anko Food Machine Co. Ltd. (Taiwan)
Heat and Control, Inc. (US)
BAADER (Germany)
Dover Corporation (US)
Key questions answered in the Meat and Poultry Processing Market are:
What is Meat and Poultry Processing Market?
What was the Meat and Poultry Processing Market size in 2022?
What are the different segments of the Meat and Poultry Processing Market?
What growth strategies are the players considering to increase their presence in Meat and Poultry Processing Market?
What are the upcoming industry applications and trends for the Meat and Poultry Processing Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Meat and Poultry Processing Market?
What major challenges could the Meat and Poultry Processing Market face in the future?
What segments are covered in the Meat and Poultry Processing Market?
Who are the leading companies and what are their portfolios in Meat and Poultry Processing Market?
What segments are covered in the Meat and Poultry Processing Market?
Who are the key players in the Meat and Poultry Processing Market?
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