Press release
Poultry Processing Equipment Market Is Anticipated To Reach A Valuation Of US$ 5.8 Billion By 2032
According to the latest research report from Fact.MR, a market research and competitive intelligence provider, the global market for poultry processing equipment is anticipated to achieve a value of $5.8 billion by the conclusion of 2032, with a compound annual growth rate (CAGR) of 4.3% from 2022 to 2032.The primary objective of processing live poultry is to ensure the production of safe raw poultry products for human consumption. Advancements in poultry processing technology are poised to significantly bolster market expansion. Moreover, the automation of manufacturing processes has mitigated labor expenses while augmenting the safety and quality of the meat output.
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Meat encompasses a diverse array of components such as fat, protein, and water. Processing techniques are crucial for prolonging shelf life, enhancing flavor, and streamlining preparation.
Poultry processing equipment is specialized for ducks, chickens, and turkeys. These high-protein foods, derived from skeletal muscle, are highly digestible and packed with minerals, lipids, phosphorus, vitamins, and amino acids.
Typical poultry processing involves procedures like picking and tumbling, boning and skinning, as well as slaughtering.
Key Takeaways from Market Study
• Sales of poultry processing equipment are likely to progress at a CAGR of 4.3% through 2032.
• The chicken segment is expected to increase at a CAGR of 4.6% through 2032.
• Valuation of poultry processing equipment is estimated to reach US$ 5.8 billion by 2032-end.
• The killing & defeathering segment is likely to progress at a CAGR of 5% through 2032.
"Increasing awareness about health concerns along with rising consumption of high protein-rich food around the world is estimated to generate new sales opportunities for poultry processing equipment manufacturers over the coming years," says a Fact.MR analyst
Increasing Focus on Nutrition Needs by Poultry Industry
The conversion of feed into various food products, such as eggs and meat, results in a disproportionately high requirement for nutrients in the chicken business. In addition, a lack of several necessary aminoalkanoic acids is likely to cause growth retardation, instances of abnormal behaviour like feather picking, and decreased egg production.
A diet with insufficient nutrition can have negative impacts on poultry health as well as the environment, including an increase in laughing gas emissions associated to manure. It might have a harmful effect on the environment.
Consequently, it is crucial to keep protein requirements in balance in order to promote environmental sustainability and production.
Poultry concentrate is becoming more and more popular as a result of its nutrient enrichment. Minerals and multivitamins, such as phosphorus, vitamins, salt, protein, methionine, calcium, lysine, and some other minerals, are frequently found in poultry concentrate.
Additionally, these ingredients are combined with a variety of grains, including maize and soybean flour, to create feed products.
Winning Strategy
The market for poultry processing equipment sees leading players' dominance of market share, strong product portfolio, and strategic decisions being made.
For instance,
• JBT, on June 3, 2019, announced its acquisition of Prime Equipment Group, Inc. This initiative is helpful for the company to provide high-quality services and products to its consumers.
Key Companies Profiled
• Baader Group
• Meyn Food Processing Technology B.V.
• Cantrell Gainco Group, Inc.
• Brower Equipment
• JBT Corporation
• CTB Inc.
• John Bean Technologies Corporation
Supportive Government Initiatives for Poultry Processing in North America
Based on geographic regions, the global market for poultry processing equipment is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Due to increasing government backing for the expansion of the poultry processing industry in the region, the North American region is most likely to hold a dominant position in the worldwide market among these.
The regional market is subject to strict government restrictions that guarantee the quality of food goods. The need for chicken processing equipment in the local market is also anticipated to rise as customer preferences for value-added foods that are packed with high protein and low fat shift.
Segmentation of Poultry Processing Equipment Industry Research
• By Product:
o Chicken
o Other Types
• By Equipment:
o Killing & Defeathering
o Deboning & Skinning
o Cut-ups
o Marinating & Tumbling
o Evisceration
o Other Equipment
• By Region:
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa
Read More: https://www.factmr.com/report/poultry-processing-equipment-market
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About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
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