The
global meat processing equipment market size is expected
to reach USD 16.22 billion by 2025, according to a new report by Grand View
Research, Inc., exhibiting a CAGR of 6.2% during the forecast period. Rising
demand for processed meat products owing to changing eating habits is
anticipated propel industry growth over the forecast period.
Increasing
purchasing power of buyers owing to rising per capita income is expected to
boost industry growth. In addition, factors such as growing number of
slaughterhouses, improved packaging strategies, and introduction of a number of
ready-to-eat meals are expected to benefit market growth.
Notable
investments by companies in order to improve processing technology is presumed
to increase equipment sales. Increasing focus of companies on developing
technology to improve product safety and quality and increase productivity is
also expected to boost demand for advanced processing equipment.
High
demand for animal proteins owing to rising awareness regarding health benefits
is expected to boost demand for such products, which in turn is expected to
fuel growth. Manufacturers in the market generally manufacture standardized
equipment due to usage of standard processing procedures for a particular type
of meat and to gain desired output.
Manufacturers
in the industry are involved in product distribution through direct sales to
economies they are operating in. In addition, they operate in international
markets either through manufacturing locations established by them or through
third-party distribution channels.
Browse full
research report on Meat Processing Equipment Market:
www.grandviewresearch.com/industry-analysis/meat-processing-equipment-market
Further key
findings from the study suggest:
- By product, slicing equipment is expected to
register a CAGR of 6.2% from 2018 to 2025, owing to development of
integrated machines that weigh, slice, and package meat through a single
operation
- By type of meat, pork processing equipment is
estimated to be the fastest growing segment with a CAGR of 6.9% from 2018
to 2025, owing to increasing consumption of processed pork products,
coupled with declining cost of the meat
- The market in Asia Pacific is expected to reach
a value of USD 4.21 billion by 2025 on account of growing population and
increasing consumption of meat products in the region
- The global industry is characterized by
presence of large number of players with localized operations and
additional distribution chains in order to cater to the demand across
international markets.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/food-safety-and-processing
Grand View Research has segmented the global meat processing equipment
market report on the basis of product, meat type, and region:
Meat
Processing Equipment Product Outlook (Revenue, USD Million, 2014 - 2025)
- Slicing
- Blending
- Dicing
- Grinding
- Massaging
& Marinating
- Smoking
- Tenderizing
- Other
Meat
Processing Equipment Meat Type Outlook (Revenue, USD Million, 2014 - 2025)
- Beef
- Mutton
- Pork
- Other
Meats
Meat
Processing Equipment Regional Outlook (Revenue; USD Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- India
- Japan
- Central
& South America
- Brazil
- Middle
East & Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-meat-processing-equipment-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
