Meat and Poultry Processing Equipment Market Set to Reach $19.8 Billion by 2029 with 9% Yearly Growth

Which drivers are expected to have the greatest impact on the over the meat and poultry processing equipment market's growth?
The growth of the meat and poultry processing equipment market is expected to be propelled by the escalating use of processed meat and poultry products. Such consumption implies the intake of products that have undergone at least one extra step of processing or preparation, which might involve grinding, incorporating an element, or cooking, consequently changing the appearance, texture, or taste. The processing equipment for meat and poultry is crucial in the production of processed meat and related goods and is utilized for multiple purposes such as slicing, chilling, and chopping. Consequently, the heightened use of processed meat and poultry amplifies the need for meat and poultry processing equipment. For example, as stated by the United States Department of Agriculture, a federal executive division based in the US, in February 2024, it was forecasted that chicken meat production in the European Union (EU) would escalate by 0.4 percent in the calendar year (CY) 2024, buoyed by the 1.65 percent rise witnessed in CY 2023. Moreover, EU chicken meat imports swelled by 2.3 percent in 2023, with further expansion foreseen in 2024. Thus, the growing use of processed meat and poultry products fuels the meat and poultry processing equipment market.

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What is the future CAGR of the meat and poultry processing equipment market, and how will it impact industry expansion?
The market size of meat and poultry processing equipment has been experiencing robust growth in the last few years. The market value is projected to escalate from $12.73 billion in 2024 to $13.89 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%. The prominent growth in the historical period can be linked to factors like sustainability, efficiency, industrial revolution, mechanization, food safety laws, escalating urbanization, increasing demand, quality control, and standardization.

In the coming years, the market size for meat and poultry processing equipment is anticipated to experience robust growth. The market is projected to expand to $19.8 billion by 2029, reflecting a compound annual growth rate (CAGR) of 9.3%. Growth during this forecast period is anticipated to be driven by factors such as attention to food safety and cleanliness, increasing demand for processed foods, sustainable processing methodologies, customization and adaptability, and the expanding market in emerging regions. Notable trends predicted for the forecast period encompass the incorporation of automation and robotics, heightened food safety protocols, emphasis on sanitary designs, adaptation to evolving consumer needs, and focus on efficiency and sustainability.

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What are the most significant trends transforming the meat and poultry processing equipment market today?
Technology-driven progressions are being increasingly embraced as a pivotal trend in the meat and poultry processing equipment sector. Market-dominating companies are committed to creating innovative solutions by leveraging cutting-edge technologies, so as to consolidate their market stance. For example, in May 2022, GEA Group AG, a food processing technology company based in Germany, introduced the new CutMaster Generation 3. This powerhouse of a product can manufacture a host of different types of sausage, along with a variety of chicken, fish, plant-based, vegan, vegetarian items and processed cheese. The product design incorporates technology improvements inspired by customer feedback and features an integrated AC drive that ensures higher flexibility, effortless power supply and is also maintenance-free. GEA Group AG leans heavily on state-of-the-art technology for this product.

Which key market segments comprise the meat and poultry processing equipment market and drive its revenue growth?
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

Subsegments:
1) By Killing And Defeathering: Stunning Equipment, Killing Equipment, Feather Removal Equipment
2) By Cut Up: Cutting Machines, Portioning Equipment, Slicing Machines
3) By Evisceration: Evisceration Machines, Insides Removal Equipment
4) By Marination And Tumbling: Marination Tanks, Tumblers
5) By Deboning And Skinning: Deboning Machines, Skinning Equipment
6) By Other Equipment Types: Grinding Machines, Stuffing Machines, Packaging Equipment

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What regions are at the forefront of meat and poultry processing equipment market expansion?
North America was the largest region in the meat and poultry equipment market in 2024. The regions covered in the meat and poultry processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the meat and poultry processing equipment market?
Major companies operating in the meat and poultry processing equipment market include 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., Welbilt Inc., CTB Inc., Illinois Tool Works Inc., Cabinplant A/S, Cargill Meat Solutions, CPM Wolverine Proctor LLC, FPS Food Process Solutions

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What Is Covered In The Meat and Poultry Processing Equipment Global Market Report?

• Market Size Forecast: Examine the meat and poultry processing equipment market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the meat and poultry processing equipment market for a structured understanding.
• Key Players Overview: Analyze major players in the meat and poultry processing equipment market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the meat and poultry processing equipment market.
• Segment Contributions: Evaluate how different segments drive overall growth in the meat and poultry processing equipment market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the meat and poultry processing equipment market.
• Industry Challenges: Identify potential risks and obstacles affecting the meat and poultry processing equipment market.
• Competitive Landscape: Review strategic developments in the meat and poultry processing equipment market, including expansions, agreements, and new product launches.

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