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Meat and Poultry Processing Equipment Market Expansion Continues, with Forecast Valuation of $19.14 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Meat and Poultry Processing Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for meat and poultry processing equipment has seen robust growth recently. The market is projected to escalate from a value of $12.73 billion in 2024 to $13.68 billion in 2025, displaying a compound annual growth rate (CAGR) of 7.4%. The rise during the historic period can be linked to factors such as efficiency and sustainability, industrial revolution and the advent of mechanization, regulations pertaining to food safety, increasing urbanization and demand, along with control over quality and standardization.
Meat and Poultry Processing Equipment Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market for meat and poultry processing equipment is projected to experience robust expansion. The market is predicted to reach $19.14 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.8%. The growth anticipated during the forecast period can be chalked up to a concentration on food safety and cleanliness, an increase in demand for processed foods, sustainable processing methods, customization and adaptability, and market growth in emerging regions. The forecast period is set to see key trends such as the integration of automation and robotics, enhanced measures for food safety, emphasis on hygienic design, and adaptation to evolving consumer needs, along with efficiency and sustainability.
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What Are the Drivers Transforming the Meat and Poultry Processing Equipment Market?
The escalating demand for processed meat and poultry products paves the way for an expansion in the meat and poultry processing equipment sector. Consumption of processed meat and poultry entails the intake of products that have experienced at least one extra phase of processing or preparation, examples being adding ingredients, grinding, or heating, all of which change the product's look, texture, or taste. The significant role that meat and poultry processing equipment has in the creation of processed meat and corresponding products is undeniable. It aids in different functions like chilling, dicing, and slicing. Consequently, more consumption of processed meat and poultry leads to an increase in the demand for this equipment. To illustrate, in February 2024, as reported by the United States Department of Agriculture (US-based federal executive department), chicken meat production in the European Union (EU) is predicted to experience a rise of 0.4 percent in the calendar year 2024, which comes on top of a 1.65 percent rise in calendar year 2023. On top of that, chicken meat imports into the EU saw a growth of 2.3 percent in 2023 and an additional increase is expected to follow in 2024. Therefore, the escalating demand for processed meat and poultry products prompts an expansion in the market for meat and poultry processing equipment.
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Which Fast-Growing Trends Are Poised to Disrupt the Meat and Poultry Processing Equipment Market?
Innovations in technology are becoming a noticeable trend in the meat and poultry processing equipment sector. Major entities in the market are concentrating on creating new products using advanced tech methods to consolidate their market standing. A case in point is the unveiling of the updated CutMaster Generation 3 by Germany's GEA Group AG in May 2022. This release represents the latest effort by this renowned food processing technology firm to cater to the manufacturing needs of diverse food items including various kinds of sausages, chicken, fish, vegan-friendly, and vegetarian dishes, and processed cheese. This invention boasts customer-driven tech improvements, including a unique integrated AC drive that enhances flexibility, guarantees simple power supply, and needs no maintenance - all attributes of modern technology.
Which Segments in the Meat and Poultry Processing Equipment Market Offer the Most Profit Potential?
The meat and poultry processing equipmentmarket 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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Which Firms Dominate the Meat and Poultry Processing Equipment Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in the Meat and Poultry Processing Equipment Market?
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
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