Meat Processing Equipment Market Overview, Trends, Opportunities, Growth Drivers, Top Companies, and Revenue Forecast - 2026

Meat Processing Equipment Market by Type (Cutting, Blending, Tenderizing, Filling, Slicing, Grinding, Smoking), Product Type (Fresh Processed, Raw Cooked, Precooked, Raw Fermented, Cured), Meat Type, Mode of Operation, & Region - Global Forecast to 2026
The [https://www.marketsandmarkets.com/Market-Reports/meat-processing-equipment-market-1253.html] size is projected to grow from USD 6.8 billion in 2019 to USD 9.7 billion by 2026, recording a compound annual growth rate (CAGR) of 5.2% during the forecast period. Meat processing equipment is used to convert raw meat into the required finished meat product commercially through processes such as cutting, slicing, washing, blending, mixing, grinding, drying, thermal processes, freezing, coating, and cooling. The demand for meat processing equipment is increasing with the growth of the food and meat industry, owing to the increasing consumption of convenient meat products such as raw cooked meat, precooked meat, baked meat, dried meat, and other processed meat products.

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The fresh processed meat segment is projected to account for the largest market share in the meat processing equipment market during the forecast period.

The meat processing equipment market is segmented, on the basis of product type, into fresh processed meat, raw cooked meat, precooked meat, raw fermented sausage, cured meat, dried meat, and other product types (sun drying, mincing, and grinding) The fresh processed meat segment is projected to be a leading segment in the meat processing equipment market due to increased consumer preference for fresh processed meat. Some of the fresh meat products preferred by consumers include sausages, patties, and kebabs.

The processed pork segment in the meat processing equipment is estimated to dominate the market in 2019.

By meat type, the market for processed pork is estimated to dominate the meat processing equipment market in 2019. The demand for processed pork is high in major regions such as North America and Europe since processed pork is cheaper than processed beef and tastes better than processed mutton. Also, processed pork is available in a number of varieties such as ham, bacon, and sausages, which are very popular in the western countries, such as France and Germany, which account for a significant market share in the processed meat category.

The North American region is projected to account for the largest market share in the meat processing equipment market during the forecast period.

The North American region is projected to account for the largest market share in the meat processing equipment market during the forecast period. This can be attributed to owing to the largest concentration of meat processors, equipment manufacturers, and distributors involved in the meat processing equipment market. Furthermore, the shortage of labor in this region and the availability of varied equipment are other factors driving this market. Owing to a higher demand for processed meat, many beef processors are present in the region, which has also contributed to its market growth.

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Key meat processing equipment players include GEA Group (Germany), JBT Corporation (US), Marel (Iceland), Illinois Tools Work (US), The Middleby Corporation (US), Bettcher Industries (US), Equipamientos Carnicos (Spain), Biro Manufacturing Company (US), Braher (Spain), RZPO (Russia), Bizerba (Germany), Riopel Industries (Canada), Minerva Omega Group (Italy), Risco (Italy), Millard Manufacturing Corporation (US), Apache Stainless Equipment Corporation (US), Gee Gee Foods & Packaging (India), PSS Svidnik (Presovsky), Ross Industries, Inc. (US), and Metalbud Nowicki (Poland). Agreements, product launches, partnerships, and acquisitions were the dominant strategies adopted by major players. These strategies have helped them to increase their presence in different regions.

GEA Group (Germany) is involved in the designing and manufacturing of food processing equipment and other industrial processing equipment catering to the chemical, pharmaceutical, marine, and other industries. The company operates in two major segments: BA equipment and BA solutions. It offers meat processing equipment, such as slicers, injectors, and massagers, under its BA equipment segment, through one of its subsidiaries, GEA Process Engineering Ltd. (Denmark). It focuses on developing products with advanced technologies to keep meat fresh for a longer duration. For instance, in February 2019, GEA introduced a new injection system, Multijector 2mm, that would be used for brining bacon/pork to keep them fresh for a longer duration.

Marel (Iceland) is engaged in the manufacturing of processing equipment for the meat, fish, and poultry industries. It operates through four major segments: meat, fish, poultry, and others (water treatment, intralogistics, alternative proteins, and potatoes). Marel is continuously focused on developing new and innovative products to expand their product portfolios with an emphasis on offering customized products as per customer demands. Also, it is focused on innovating products to increase its range of applications. It follows the strategy of acquiring other companies to expand its product portfolios, services, geographical footprint, and customer base. For instance, in October 2019, it acquired Cedar Creek Company (Australia), a firm specializing in software and hardware for meat processors, which would aid the company to manufacture more innovative products and to expand its production line.

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