Home > Food, Nutrition & Animal Feed > Meat and Poultry Processing Equipment Market
Industry Trends
Meat and poultry processing equipment market size exceeded USD 13.7 billion in 2020 and is set to register over 7% CAGR between 2021 and 2027. Rising consumer shift towards organic processed meat and poultry products to drive the global industry demand.
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Increasing consumer demand for organic and natural food products owing to health benefits of the products. Meat such as beef, chicken, pork is processed before the packaging process using different steps which include smoking, slating and curing. These steps enhance the taste and retain the quality of the product for a longer period. Pertaining to fast paced lifestyle along with increased consumption of ready to eat food products should boost the meat and poultry processing equipment market trends.
Report Coverage | Details |
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Base Year: | 2020 |
Market Size in 2020: | 13.7 Billion (USD) |
Forecast Period: | 2021 to 2027 |
Forecast Period 2021 to 2027 CAGR: | 7% |
2027 Value Projection: | 22.3 Billion (USD) |
Historical Data for: | 2016 to 2020 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 185 |
Segments covered: | Meat Type, Processing Type, Equipment |
Growth Drivers: |
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Pitfalls & Challenges: |
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The changing trend in purchasing patterns should drive the processed meat and poultry food products thereby driving the product demand. There has been continuous growth in online purchasing for food products due to the convenience of home delivery and COVID-19 scenario. Consumers prefer processed food products as it consumes less cooking time and has more shelf-life owing to rise in demand for processed meat products which should stimulate the meat and poultry processing equipment market outlook.
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Global meat and poultry processing equipment market from chicken meat type surpassed USD 2.7 billion in 2020 and is set to register significant CAGR in the predicted period. Chicken is highly nutritional and rich source of protein which promotes weight loss, boosts immunity and is protein source for sustaining muscles. Food safety awareness is giving rise to consumer inclination for processed chicken products. The younger generation is rising the demand for processed and ready to eat chicken products due to time constraints which should boost the meat and poultry processed equipment industry landscape.
Chickens are the most common type of poultry and are lean protein which provides benefits of amino acids. Amino acids are used by human body for muscle building and maintaining bone mineral density pertaining to wide demand for chicken products. Chicken consumption helps maintain weight and reduces the risk of heart problems such as high blood pressure. Chicken offers the benefits of iron, zinc, copper, vitamin B12 and choline which are essential nutrients required to maintain a healthy living which should accelerate the demand for chicken business thereby driving meat and poultry processing equipment market outlook.
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Global meat and poultry processing equipment market from fresh processed meat is set to surpass USD 6.3 billion by 2027. Rising consumer demand for low additive or no additive food products should accelerate the fresh meat and poultry demand. Fresh processed meat products include sausages, burgers and bratwursts which has huge consumer demand. Fresh meat is stored by preservation techniques of curing, drying, salting, smoking, and canning. Rise in the consumption of meat products along with increasing consumer spending for freshly processed products should boost the market statistics.
The rising technological advancements for meat preservatives should stimulate the industry demand. Meat preservation is controlled by reducing water activity and by low-high temperature system which provides longer shelf life to meat products. Meat preservation techniques maintains the texture and taste of the meat which has raised the demand for processed meat products which should lead to meat and poultry processing equipment market growth.
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APAC meat and poultry processing equipment market is set to register around 9% CAGR through 2027. The region is witnessing rise in meat consumption pertaining to increasing adoption of westernized diet which should increase the demand for processed meat products. Increasing urbanization has raised the demand for packaged food products which represents ample growth opportunities for regional market.
Changing dietary preferences along with favorable government policies for promoting regional meat and poultry industry should boost meat and poultry processing equipment market statistics. Hygiene and sanitization are another important factor for the meat business expansion which has been given maximum attention by monitoring the employee health, water supply and sanitization conditions in India. China is expected to be the largest market for meat consumption in Asia-Pacific region. Australian region for meat market was estimated to be over USD 445 million in 2020 for poultry meat, thus boosting industry landscape.
Global meat and poultry processing equipment market is substantially fragmented with industry players including Marel Group, Tomra Systems ASA, The Middleby Corp, Heat and Control Inc., Hamilton Beach Brands Holding Co., BAYLE SA, Bettcher Industries Inc., Foodmate US Inc., and Tetra Laval International SA. Companies are primarily engaged in strategic acquisitions to expand production capacity and distribution networks.
Meat and poultry processing equipment market research report include in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2016 to 2027 for the following segments:
By Meat Type
By Processing Type
By Equipment
The above information has been provided for the following regions: