Global Meat and Poultry Processing Equipment Market 2024 New Trends, Business Growth, Segmentation And Key Players Analysis Till 2033

The meat and poultry processing equipment market size has grown strongly in recent years. It will grow from $11.72 billion in 2023 to $12.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to sustainability and efficiency, industrial revolution and mechanization, food safety regulations, growing urbanization and demand, quality control and standardization..

The meat and poultry processing equipment market size is expected to see strong growth in the next few years. It will grow to $18.16 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to focus on food safety and hygiene, rising demand for processed foods, sustainable processing practices, customization and flexibility, market expansion in developing regions.. Major trends in the forecast period include automation and robotics integration, enhanced food safety measures, focus on hygienic design, adaptation to changing consumer demands, efficiency and sustainability..

Market Overview -
Meat and poultry processing equipment is a specialized type of device with cutting-edge functionality that enables operators to process meat at scale while maintaining the high standards of quality that consumers demand from processed meat products.

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Surge In Processed Meat Consumption Fuels Growth Of Meat And Poultry Processing Equipment Market
The rising consumption of processed meat and poultry products is expected to propel the growth of the meat and poultry processing equipment market going forward. Consumption of processed meat and poultry refers to the consumption or eating of goods that have undergone at least one additional processing or preparation step, such as grinding, adding an ingredient, or heating, which modifies the appearance, texture, or flavor. Meat and poultry processing equipment plays an important role in manufacturing processed meat and related products and is used for various purposes such as slicing, chilling, and dicing, as a result, rising consumption of processed meat and poultry increases the demand for the meat and poultry processing equipment. For instance, in 2022, according to the Food and Agriculture Organization, a Italy-based specialized agency to defect hunger, the global meat production in 2020 was 337.18 million tons, which rose to 339 million tons in 2021. Therefore, the rising consumption of processed meat and poultry products drives the meat and poultry processing equipment market.

Competitive Landscape -
Major companies operating in the meat and poultry processing equipment market report are Baader Food Processing Machinery, Bayle SA, Bettcher Industries Inc., Brower Equipment, C.G.Manufacturing & Distribution Inc., Berkshire Hathaway Inc., GEA Group AG, Heat and Control Inc., Meyn Food Processing Technology B.V., Cantrell Gainco Group Inc., Equipamientos Cárnicos S.L., Key Technology Inc., The Middleby Corporation, Formax, a Provisur Technologies Company, ULMA Packaging, John Bean Technologies Corporation, Duravant LLC, Tetra Laval International SA., TOMRA System ASA, JBT Corporation, Weber Maschinenbau GmbH, Prime Equipment Group Inc., CG Manufacturing and Distribution Systems Inc., Welbilt Inc., CTB Inc., Illinois Tool Works Inc., Cabinplant A/S, Cargill Meat Solutions, CPM Wolverine Proctor LLC, FPS Food Process Solutions .

Elevating Meat And Poultry Processing Equipment Market With Advanced Technology
Technological advancements are a key trend gaining popularity in the meat and poultry processing equipment market. Major companies operating in the meat and poultry processing equipment market are focused on developing innovative products with advanced technologies to strengthen their position in the market. For instance, in May 2022, GEA Group AG, a Germany-based food processing technology company, launched the new CutMaster Generation 3 for manufacturing several types of sausage, a variety of chicken, fish, plant-based, vegan, and vegetarian items, and processed cheese. This product is designed with customer-driven technology upgrades with a unique integrated AC drive that provides more flexibility with an easy power supply and is maintenance-free, that relies on cutting-edge technology.

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Key Segments -
The meat and poultry processing equipment market covered in this report is segmented -
1) By Equipment Type: Killing And Defeathering, Cut Up, Evisceration, Marination And Tumbling, Deboning And Skinning, Other Equipment Type
2) By Processing Type: Raw-Cooked Meat, Freshly processed Meat, Precooked, Cured Meat, Raw Fermented Meat, Dried Meat, Other Processing Types
3) By Meat Type: Cattle, Chicken, Duck, Pig, Rabbit, Sheep, Turkey

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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