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Meat Processing Equipment Market Size - Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

  • Report ID: GMI5460

Meat Processing Equipment Market Size

Meat Processing Equipment Market size is anticipated to expand at 4.5% CAGR from 2024 to 2032, owing to the technological advancements. For instance, in August 2023, Eagle Product Inspection, a manufacturer specializing in X-ray inspection technology, released its most innovative solution for the poultry processing industry, Maximizer RMI. Constructed with a focus on hygiene and a dedication to improving bone detection while minimizing labor associated with product rejections, the equipment is designed to optimize product throughput and profitability, all while meeting the highest safety standards.

Strict laws surrounding the sale, trade, and transportation of meat under controlled circumstances to prevent rotting & maintain adequate nutritious levels is favoring the market outlook. Increased R&D spending has led to the creation of new technologies such as the merging of many functions like slicing, blending, and grinding into one unit to save maintenance & transfer costs.

Meat Processing Equipment Market Trends

The expansion of the convenience food sector is one trend influencing the industry outlook. There is proliferation of convenience food sales outlets in various locations such as driveways, gas stations, and other public spaces, enhancing the accessibility for target consumers. The consumer preference for nourishing options, the rise in disposable incomes, and the increasing demand for snacks and fried food products are encouraging convenience food companies to continuously innovate & introduce higher-quality products. The willingness to pay a premium for ready-to-eat food items, including the meat products, is contributing to the market growth.

Meat Processing Equipment Market Analysis  

The pre-cooked meat segment will grow at a notable rate during 2024-2032, as it offers a convenient and time-saving option for consumers seeking quick and hassle-free meal solutions. This trend is driving meat processors to invest in advanced processing equipment capable of efficiently handling large-scale production of pre-cooked meat items. The focus on developing innovative technologies that improve production efficiency, enhance product quality, and ensure food safety standards are met will shape the market outlook.

The processed pork segment is expected to grow significantly through 2032. Since processed pork is less expensive than processed beef and has better taste than processed mutton, there is a huge demand from regions including North America and Europe. As per the USDA Foreign Agricultural Service, the pork exports from the U.S. crossed USD 7.7 billion in 2022. Moreover, processed pork is offered in a variety of forms including ham, bacon, and sausages, which are particularly popular in France and Germany.

North America meat processing equipment market will record strong CAGR till 2032, owing to the expanding demand for processed meat, increasing investments in meat processing plants, and the presence of many meat processors in this region including Tyson Foods, Cargill Meat Solutions Inc., and JBS USA. The U.S. being one of the prominent countries in North America is the largest consumer of processed meat globally. The increased customer preference for clean & simple-to-cook packaged beef products that do not sacrifice flavor or nutritional value is anticipated to stimulate the market expansion.

Meat Processing Equipment Market Share   

Some of the leading companies involved in the meat processing equipment industry include

  • Mepaco Group
  • Minerva Omega Group s.r.l
  • Tomra Systems ASA
  • JBT Corporation
  • Talsabell S.A.
  • Nemco Food Equipment LTD
  • Middleby Corporation
  • Marel

These companies are investing in research & development activities as well as continuously taking strategic initiatives such as merger & acquisition, partnership, and collaborations to strengthen their market positions.

Meat Processing Equipment Industry News

  • In July 2022, JBT Corporation acquired Alco-food-machines GmbH & Co. KG (Alco) to expand the product offering in further processing.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Authors: Avinash Singh

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