The meat and poultry processing equipment market size has grown strongly in recent years. It will grow from $11.72 billion in 2023 to $12.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The expansion observed in the historical period can be attributed to factors such as a focus on sustainability and efficiency in meat and poultry processing, the impact of the industrial revolution and mechanization, the implementation of food safety regulations, the effects of growing urbanization and increased demand, and the emphasis on quality control and standardization in the industry.
The meat and poultry processing equipment market size is expected to see strong growth in the next few years. It will grow to $18.16 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The anticipated growth in the forecast period can be attributed to a heightened focus on food safety and hygiene, the increasing demand for processed foods, the adoption of sustainable processing practices, customization, and flexibility in production, as well as market expansion in developing regions. Major trends expected in the forecast period include the integration of automation and robotics, enhanced food safety measures, a greater emphasis on hygienic design, adaptation to changing consumer demands, and an ongoing commitment to efficiency and sustainability in the meat and poultry processing industry.
The anticipated increase in the consumption of processed meat and poultry products is set to drive the growth of the meat and poultry processing equipment market. Processed meat and poultry consumption involves the consumption of goods that have undergone additional processing steps, altering their appearance, texture, or flavor. Meat and poultry processing equipment, crucial for manufacturing processed meat products, serves various functions such as slicing, chilling, and dicing. Notably, the global meat production rose from 337.18 million tons in 2020 to 339 million tons in 2021, according to the Food and Agriculture Organization. This rise in consumption underscores the heightened demand for processed meat and poultry, consequently fueling the meat and poultry processing equipment market.
The increasing demand for ready-to-eat (RTE) foods is poised to contribute to the growth of the meat and poultry processing equipment market. Ready-to-eat (RTE) foods, requiring no further preparation, have seen growing popularity. Meat and poultry processing equipment plays a pivotal role in shaping these RTE meals, forming products such as patties, nuggets, or sausages. For instance, the retail sales of packaged foods in Japan are predicted to reach $235.9 billion by 2026, reflecting a 9.1% increase from 2022, as per the Food Export Association of the Midwest USA. This surge in the demand for RTE foods is a significant driver for the meat and poultry processing equipment market.
Technological advancements emerge as a prominent trend in the meat and poultry processing equipment market. Key industry players are concentrating on developing innovative products equipped with advanced technologies to strengthen their market position. GEA Group AG, a Germany-based food processing technology company, introduced the CutMaster Generation 3 in May 2022. This product incorporates customer-driven technological upgrades, featuring an integrated AC drive for enhanced flexibility, easy power supply, and maintenance-free operation.
Major companies in the meat and poultry processing equipment market are also focusing on introducing innovative products such as physical contaminant detection solutions. These solutions employ various technologies to identify and remove foreign objects or contaminants, ensuring product safety and quality. Eagle Product Inspection, a US-based provider of x-ray inspection technology, launched MAXIMIZER RMI in August 2023. This automated reject management system is designed to enhance the quality and safety of chicken products by providing bone and metal detection in poultry operations.
In June 2022, Marel, an Iceland-based multinational food processing company, acquired Wenger Manufacturing LLC for $540 million. This strategic acquisition aims to help Marel meet the growing consumer demand for high-quality and sustainably produced food and feed. Wenger Manufacturing LLC specializes in pet food, plant-based proteins, and aquafeed processing solutions.
Major companies operating in the meat and poultry processing equipment market report are Baader Food Processing Machinery, Bayle SA, Bettcher Industries Inc., Brower Equipment, C.G.Manufacturing & Distribution Inc., Berkshire Hathaway Inc., GEA Group AG, Heat and Control Inc., Meyn Food Processing Technology B.V., Cantrell Gainco Group Inc., Equipamientos Cárnicos S.L., Key Technology Inc., The Middleby Corporation, Formax, a Provisur Technologies Company, ULMA Packaging, John Bean Technologies Corporation, Duravant LLC, Tetra Laval International SA., TOMRA System ASA, JBT Corporation, Weber Maschinenbau GmbH, Prime Equipment Group Inc., CG Manufacturing and Distribution Systems Inc., Welbilt Inc., CTB Inc., Illinois Tool Works Inc., Cabinplant A/S, Cargill Meat Solutions, CPM Wolverine Proctor LLC, FPS Food Process Solutions.
North America was the largest region in the meat and poultry equipment market in 2023. The regions covered in the meat and poultry processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the meat and poultry processing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of meat and poultry processing equipment include killing and de-feathering, cut up, evisceration, marination and tumbling, deboning and skinning, among others. Evisceration involves the separation of internal organs from the animal, followed by thorough washing and inspection. Various processing methods encompass raw-cooked meat, freshly processed meat, precooked, cured meat, raw fermented meat, dried meat, and other specialized categories. The range of meat types processed includes cattle, chicken, duck, pig, rabbit, sheep, and turkey.
The meat and poultry processing equipment market research report is one of a series of new reports that provides meat and poultry processing equipment market statistics, including meat and poultry processing equipment industry global market size, regional shares, competitors with a meat and poultry processing equipment market share, detailed meat and poultry processing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the meat and poultry processing equipment industry. This meat and poultry processing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The meat and poultry processing equipment market size is expected to see strong growth in the next few years. It will grow to $18.16 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The anticipated growth in the forecast period can be attributed to a heightened focus on food safety and hygiene, the increasing demand for processed foods, the adoption of sustainable processing practices, customization, and flexibility in production, as well as market expansion in developing regions. Major trends expected in the forecast period include the integration of automation and robotics, enhanced food safety measures, a greater emphasis on hygienic design, adaptation to changing consumer demands, and an ongoing commitment to efficiency and sustainability in the meat and poultry processing industry.
The anticipated increase in the consumption of processed meat and poultry products is set to drive the growth of the meat and poultry processing equipment market. Processed meat and poultry consumption involves the consumption of goods that have undergone additional processing steps, altering their appearance, texture, or flavor. Meat and poultry processing equipment, crucial for manufacturing processed meat products, serves various functions such as slicing, chilling, and dicing. Notably, the global meat production rose from 337.18 million tons in 2020 to 339 million tons in 2021, according to the Food and Agriculture Organization. This rise in consumption underscores the heightened demand for processed meat and poultry, consequently fueling the meat and poultry processing equipment market.
The increasing demand for ready-to-eat (RTE) foods is poised to contribute to the growth of the meat and poultry processing equipment market. Ready-to-eat (RTE) foods, requiring no further preparation, have seen growing popularity. Meat and poultry processing equipment plays a pivotal role in shaping these RTE meals, forming products such as patties, nuggets, or sausages. For instance, the retail sales of packaged foods in Japan are predicted to reach $235.9 billion by 2026, reflecting a 9.1% increase from 2022, as per the Food Export Association of the Midwest USA. This surge in the demand for RTE foods is a significant driver for the meat and poultry processing equipment market.
Technological advancements emerge as a prominent trend in the meat and poultry processing equipment market. Key industry players are concentrating on developing innovative products equipped with advanced technologies to strengthen their market position. GEA Group AG, a Germany-based food processing technology company, introduced the CutMaster Generation 3 in May 2022. This product incorporates customer-driven technological upgrades, featuring an integrated AC drive for enhanced flexibility, easy power supply, and maintenance-free operation.
Major companies in the meat and poultry processing equipment market are also focusing on introducing innovative products such as physical contaminant detection solutions. These solutions employ various technologies to identify and remove foreign objects or contaminants, ensuring product safety and quality. Eagle Product Inspection, a US-based provider of x-ray inspection technology, launched MAXIMIZER RMI in August 2023. This automated reject management system is designed to enhance the quality and safety of chicken products by providing bone and metal detection in poultry operations.
In June 2022, Marel, an Iceland-based multinational food processing company, acquired Wenger Manufacturing LLC for $540 million. This strategic acquisition aims to help Marel meet the growing consumer demand for high-quality and sustainably produced food and feed. Wenger Manufacturing LLC specializes in pet food, plant-based proteins, and aquafeed processing solutions.
Major companies operating in the meat and poultry processing equipment market report are Baader Food Processing Machinery, Bayle SA, Bettcher Industries Inc., Brower Equipment, C.G.Manufacturing & Distribution Inc., Berkshire Hathaway Inc., GEA Group AG, Heat and Control Inc., Meyn Food Processing Technology B.V., Cantrell Gainco Group Inc., Equipamientos Cárnicos S.L., Key Technology Inc., The Middleby Corporation, Formax, a Provisur Technologies Company, ULMA Packaging, John Bean Technologies Corporation, Duravant LLC, Tetra Laval International SA., TOMRA System ASA, JBT Corporation, Weber Maschinenbau GmbH, Prime Equipment Group Inc., CG Manufacturing and Distribution Systems Inc., Welbilt Inc., CTB Inc., Illinois Tool Works Inc., Cabinplant A/S, Cargill Meat Solutions, CPM Wolverine Proctor LLC, FPS Food Process Solutions.
North America was the largest region in the meat and poultry equipment market in 2023. The regions covered in the meat and poultry processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the meat and poultry processing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary types of meat and poultry processing equipment include killing and de-feathering, cut up, evisceration, marination and tumbling, deboning and skinning, among others. Evisceration involves the separation of internal organs from the animal, followed by thorough washing and inspection. Various processing methods encompass raw-cooked meat, freshly processed meat, precooked, cured meat, raw fermented meat, dried meat, and other specialized categories. The range of meat types processed includes cattle, chicken, duck, pig, rabbit, sheep, and turkey.
The meat and poultry processing equipment market research report is one of a series of new reports that provides meat and poultry processing equipment market statistics, including meat and poultry processing equipment industry global market size, regional shares, competitors with a meat and poultry processing equipment market share, detailed meat and poultry processing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the meat and poultry processing equipment industry. This meat and poultry processing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Meat and Poultry Processing Equipment Market Characteristics3. Meat and Poultry Processing Equipment Market Trends and Strategies31. Global Meat and Poultry Processing Equipment Market Competitive Benchmarking32. Global Meat and Poultry Processing Equipment Market Competitive Dashboard33. Key Mergers and Acquisitions in the Meat and Poultry Processing Equipment Market
4. Meat and Poultry Processing Equipment Market - Macro Economic Scenario
5. Global Meat and Poultry Processing Equipment Market Size and Growth
6. Meat and Poultry Processing Equipment Market Segmentation
7. Meat and Poultry Processing Equipment Market Regional and Country Analysis
8. Asia-Pacific Meat and Poultry Processing Equipment Market
9. China Meat and Poultry Processing Equipment Market
10. India Meat and Poultry Processing Equipment Market
11. Japan Meat and Poultry Processing Equipment Market
12. Australia Meat and Poultry Processing Equipment Market
13. Indonesia Meat and Poultry Processing Equipment Market
14. South Korea Meat and Poultry Processing Equipment Market
15. Western Europe Meat and Poultry Processing Equipment Market
16. UK Meat and Poultry Processing Equipment Market
17. Germany Meat and Poultry Processing Equipment Market
18. France Meat and Poultry Processing Equipment Market
19. Italy Meat and Poultry Processing Equipment Market
20. Spain Meat and Poultry Processing Equipment Market
21. Eastern Europe Meat and Poultry Processing Equipment Market
22. Russia Meat and Poultry Processing Equipment Market
23. North America Meat and Poultry Processing Equipment Market
24. USA Meat and Poultry Processing Equipment Market
25. Canada Meat and Poultry Processing Equipment Market
26. South America Meat and Poultry Processing Equipment Market
27. Brazil Meat and Poultry Processing Equipment Market
28. Middle East Meat and Poultry Processing Equipment Market
29. Africa Meat and Poultry Processing Equipment Market
30. Meat and Poultry Processing Equipment Market Competitive Landscape and Company Profiles
34. Meat and Poultry Processing Equipment Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Meat and Poultry Processing Equipment Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on meat and poultry processing equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for meat and poultry processing equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:1) By Equipment Type: Killing and Defeathering; Cut Up; Evisceration; Marination and Tumbling; Deboning and Skinning; Other Equipment Type
2) By Processing Type: Raw-Cooked Meat; Freshly processed Meat; Precooked; Cured Meat; Raw Fermented Meat; Dried Meat; Other Processing Types
3) By Meat Type: Cattle; Chicken; Duck; Pig; Rabbit; Sheep; Turkey
Companies Mentioned: Baader Food Processing Machinery; Bayle SA; Bettcher Industries Inc.; Brower Equipment; C.G.Manufacturing & Distribution Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Baader Food Processing Machinery
- Bayle SA
- Bettcher Industries Inc.
- Brower Equipment
- C.G.Manufacturing & Distribution Inc.
- Berkshire Hathaway Inc.
- GEA Group AG
- Heat and Control Inc.
- Meyn Food Processing Technology B.V.
- Cantrell Gainco Group Inc.
- Equipamientos Cárnicos S.L.
- Key Technology Inc.
- The Middleby Corporation
- Formax, a Provisur Technologies Company
- ULMA Packaging
- John Bean Technologies Corporation
- Duravant LLC
- Tetra Laval International SA.
- TOMRA System ASA
- JBT Corporation
- Weber Maschinenbau GmbH
- Prime Equipment Group Inc.
- CG Manufacturing and Distribution Systems Inc.
- Welbilt Inc.
- CTB Inc.
- Illinois Tool Works Inc.
- Cabinplant A/S
- Cargill Meat Solutions
- CPM Wolverine Proctor LLC
- FPS Food Process Solutions