Meat Processing Equipment Market Size, Share, Growth Report 2030

Global Meat Processing Equipment Market Overview   

The global Meat Processing Equipment Market accounted for USD 13649.1 Million in 2020 and is expected to reach USD 20380.8 Million by 2028, growing at a CAGR of 5% from 2021 to 2028.    

The global meat processing equipment market is especially boosted by the rising requirement for meat due to its high nutritional value. Additionally to the present, increasing employment of automated tools by the main companies rather than traditional equipment stimulates the event of global meat processing equipment market. Meat is extremely fragile. Hence processing it's essential to avoid the meat from deteriorating. Although, complications for handling the devices as compared to conformist methods and high initial price of kit might impede the event of global meat processing equipment market.

Yet, major industries aim on designing automated tools to affect the high productivity and labor cost. This trend is predicted to ascertain the high development of the global meat processing equipment market within the near future. Rising technical enhancements within the production of kits are additionally one among the explanations to spice up the global meat processing equipment market. as an example, in March 2018, GEA Group unrolled RAY™ PP batch freeze dryers. These dryers are designed for little scale drying of food items like vegetables, fruits, herbs, coffee, seafood, meat, etc thereby boosting the global meat processing equipment market.

COVID-19 Impact Analysis:

The global meat processing equipment market has witnessed a decrease in the sales for overall meat processing equipment products due to the lockdown enforcement placed by governments to contain COVID spreading. People had no option but to remain indoors, so the consumption of products had decreased drastically. The restrictions imposed by various nations to contain COVID had stopped the production resulting in disruption across the whole supply chain. However, the world markets are slowly opening to their full potential, and theirs a surge in demand for Meat Processing Equipment.

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Meat Processing Equipment Market Growth Factors

Rising investments in the automation of meat processing machinery in countries, such as Japan,the U.K. India, Germany, and the U.S., are likely to spur the demand for meat processing equipment.  In recent years, there has been an unceasing rise in life expectancy and more attention to quality. Also, consumers are progressively becoming more aware of their health and have started paying more attention to their lifestyles and healthy diets, which has rushed the demand for meat processing equipment across the globe. 

Report Scope:

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Meat Processing Equipment Market Segment Analysis

The meat processing equipment market can be segmented on basis of meat types such as duck meat, chicken meat, turkey meat, and other types. Other meat types include venison, horse meat, hare meat, and moose. The consumption of these meat types is primarily based on consumer preferences. Chicken meat is estimated to expand at a CAGR of more than 4% from 2020 to 2028 and is one of the most preferred types of meat owing to its flavor. Different types of equipment designed for the processing of meat are killing & de-feathering, cut-up, evisceration, deboning & skinning, marinating & tumbling, freezing and others.

Regional Analysis

Regionally, the North American market accounted for the largest share in 2018 due to the rising demand for processed meat, the growing investment in meat processing facilities, and the presence of a large number of meat processors, such as Cargill Meat Solutions Corp., Tyson Foods, and JBS USA in this region. Also, the growing number of new product launches has resulted in the growth of the market in North America. Also, the U.S. has proved to be the largest consumer, experiencing the highest demand, owing to growing health consciousness and increasing disposable income of consumers.

The Asia Pacific is probably going to be the quickest developing division for the Meat Processing Equipment market within the years.  China, Australia, and India are also anticipated to witness significant growth in the coming years. The center East and Latin America are likely to develop rapidly within the Meat Processing Equipment market shortly.

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Key Market Players & Competitive Landscape

Some of the key players in the Meat Processing Equipment Market are  Duravant, Prime Equipment Group, Inc., BAADER, BANSS, Stephan Machinery GmbH, Marel, Lyco Manufacturing, Inc, BIRO Manufacturing Company, Mepaco, Bettcher Industries, Inc, Marlen International, and A-One Manufacturing LLC are some of the major players in the global meat processing equipment market. There has been a huge requirement for the processed meat market in developed nations. This led the major players in the global meat processing equipment market to aim at the enhancement of automated machinery.

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The global Meat Processing Equipment Market is segmented as follows:  

By  Equipment Type

• Killing & de-feathering
• Cut-up
• Evisceration
• Deboning & skinning
• Marinating & tumbling
• Freezing
• Others

By Meat Type   

• Duck meat
• Chicken meat
• Turkey meat
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa