Meat and Poultry Processing Equipment Market 2017
The following companies as the key players in the Global Meat and Poultry Processing Equipment Market: JBT, Marel, Tetra Laval International, and Key Technology.
Other Prominent Vendors in the market are: Bettcher Industries, GEA Group, TOMRA, Weber, BAADER Food Processing Machinery, Bayle, Prime Equipment Group, CG Manufacturing and Distribution, and Brower Equipment.
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Commenting on the report, an analyst team said: One trend in market is rise in private-label processed meat products. Private-label processed meat and poultry products are gaining popularity among consumers as they are affordable and ready-to-cook, which also resemble entrée. Private-label products are available at premium claims with unique flavoring. Private-label meat products are being stocked in retail stores and are available at lower prices compared with branded products, which are also appealing to consumers. Over the years, there has been a constant increase in the demand for private-labeled meat products, especially in developed economies such as the US and Europe.
According to the report, one driver in market is rise in demand for pork in China. The worlds largest consumer and producer of pork is China. The country has become the leading importer of pork and is expected to account for more than a quarter of the global pork trade market in 2017. Europe is the largest exporter of pork to China and accounts for more than 72% of the Chinese pork import market. Low prices, abundant exportable supplies, and favorable exchange rate have led European countries to expand their shipment of pork to China. Even though the US accounts for only 18% of the China's pork import market, it is expected to remain as an important market for US shipment due to growing demand for pork. The shipment of pork from the US accounted for only 5.9% in January 2015, which increased to 13.2% in August 2015 due to a rapid decline in the production of domestic pork.
Further, the report states that one challenge in market is health risks associated with consumption of processed meat. Due to health risks associated with processed meat, consumers in the US are reducing the consumption of such food products. Excessive consumption of processed meat may lead to increased risk of premature deaths. It was observed that individuals consuming processed meat were at a 72% increased risk of acquiring a heart disease than consumers of non-processed meat. Also, the risk of dying from cancer was 11% higher. A study conducted by the American Institute of Cancer in 2007 stated that 50 g of processed meat consumed daily increased the risk of colorectal cancer by 21%. A study published in the Journal of Diabetology highlighted the increased risk of the intake of processed meat leading to type 2 diabetes at 41%.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Meat and Poultry Processing Equipment
Meat and poultry processing equipment is used by manufacturers of meat and poultry products for processing meat using techniques such as blending, homogenization, pasteurization, and filling. Processing of food helps in removal of toxins and preservation. Processed food offers advantages such as enhanced taste, low risk of contamination, enhanced shelf life, and a high degree of portability.
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Covered in this report
The report covers the present scenario and the growth prospects of the global meat and poultry processing equipment market for 2017-2021. To calculate the market size, the report discusses the market drivers, trends, and challenges faced by the market and their impact on the future market scenarios.
The market is divided into the following segments based on geography:
Global Meat And Poultry Processing Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Tetra Laval International
Other prominent vendors
BAADER Food Processing Machinery
Prime Equipment Group
CG Manufacturing and Distribution
Greater emphasis on processed meat and poultry products.
For a full, detailed list, view our report
Health risks associated with consumption of processed meat.
For a full, detailed list, view our report
Rise of private-label processed meat products.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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