Meat and Poultry Processing Equipment Market Size to exceed $22.3bn by 2027
Published Date: February 24, 2021 Authors: Kunal Ahuja, Amit Rawat
Meat and Poultry Processing Equipment Market size is set to surpass USD 22.3 billion by 2027, according to a new research report by Global Market Insights, Inc
Meat and poultry processing equipment are used by manufacturers for converting meat in to packaged and edible form for humans. The meat is processed by the process of salting, curing, smoking and canning to enhance the taste and texture of meat. The processing technique also increases the shelf life of the meat. Processed meat includes dried meat, cured meat, salami, hot dogs and sausages which has high consumer demand which should drive meat and poultry processing equipment market outlook. The demand for convenient food products and consumer reach towards organized retail stores and supermarkets has led demand for processed meat which should boost the industry landscape.
Consumer demand for nutritious and flavored products should augment the market growth of cured and dried meat segment
Global meat and poultry processing equipment market from cured meat exceeded USD 2.7 billion by 2020, which is likely to exhibit significant gains up to 2027. The process of curing involves removal of water from meat by the application of salt and addition of flavors and preservatives. Flavors enhance the taste of the meat and preservatives increases the shelf life of the meat. The process of curing inhibits growth of microbes on meat thereby increasing the shelf life of the product. The process of curing involves spicing, smoking with addition of sugar for enhanced flavor of the meat.
The curing processing type has been dominating due to developed refrigeration and synthetic preservatives should stimulate the meat and poultry processing equipment industry share. Trend of globalization has raised consumer demand for high quality, variety of flavor and demand for more sophisticated food products which should cater the market demand.
“Meat and poultry processing equipment market from chicken meat type is set register over 7% CAGR through 2027, pertaining to rising demand for protein rich diet”
Browse key industry insights spread across 250 pages with 164 market data tables and 21 figures & charts from the report, “Meat And Poultry Processing Equipment Market Size By Meat Type (Beef, Pork, Chicken), By Processing Type (Fresh Processed Meat, Raw-Cooked Meat, Precooked Meat, Raw-Fermented Meat, Cured Meat, Dried Meat), By Equipment (Killing & Defeathering, Evisceration, Cut-Up, Deboning & Skinning, Marinating & Tumbling), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2021 – 2027”in detail along with the table of contents:
Increasing demand for ready to cook food products should stimulate the market statistics.
Meat and poultry processing equipment industry from marinating & tumbling is set to exceed USD 2.6 billion by 2027. Marinating and tumbling equipment includes defrosting & tumbling, brine preparation and tenderizing equipment. Marinating & tumbling process is essential for food industry to evenly marinate the meat to enhance the taste and tenderness of the meat.
The process of margination enhances the flavor, moisture, texture and color of the food products thereby increasing consumer demand. Tumbling process enhance water absorption and brine penetration in meat which provides enhanced flavor and taste. The growing demand for ready to eat food products has raised the marinating and tumbling application in food industries should augment the market forecasts.
“Meat and poultry processing equipment market from killing and defeathering equipment segment should register over 7% CAGR through 2027, owing to its automated processing system which offers consumes lesser time with enhanced work productivity”
North America meat and poultry processing equipment industry is set to exceed USD 4.1 billion by 2027. Low feed cost and high demand for meat products should lead to regional market trends. The U.S. is the major meat exporter to countries including Japan, China, South Korea and Russia. The poultry industry in the region shall dominate the market pertaining to low animal feed cost and short production cycle. Canada meat and poultry processing equipment market exceeded USD 695 million in 2020.
Rising innovation in processing technologies is another major driver for the market growth. Increasing demand for salami, canned meat and hot dogs with longer shelf life should stimulate the regional market outlook. Global market from precooked meat surpassed USD 2.2 billion in 2020. The region has high number of working populations, which gives preference to ready to cook products as it saves preparation and cooking time which should foment the industry landscape.
“U.S. meat and poultry processing equipment industry should register over 6% CAGR through 2027, supported by growing consumer preference for protein rich snacks”
The global meat and poultry processing equipment market is highly fragmented which includes companies such as Tomra Systems ASA, BAYLE SA, Heat and Control Inc., Foodmate US Inc, Hamilton Beach Brands Holding Co., The Middleby Corp, Bettcher Industries Inc. Companies are majorly focusing on strategic agreements such as acquisitions, mergers and partnerships to expand their production volume, and widen their geographic distribution network.