According to Future Market Insights, the global meat mincers market will increase from US$ 457.5 Million in 2023 to US$ 1,063 Million by 2033, with overall sales increasing at an 8.8% CAGR between 2023 and 2033.
Rapid growth in the meat processing industry as a result of rising meat consumption and consumer spending is driving the growth of the meat mincers market, and this trend is expected to continue during the forecast period.
Meat mincers are pieces of meat processing equipment that are used to grind meat into a smooth and uniform soft mass without the use of any other tools. They can also be used to cut or combine raw or cooked meat, fish, vegetables, and other foods.
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The rising use of mincemeat in various delectable dishes, as well as the increasing adoption of meat mincers in industrial, residential, and commercial sectors, are expected to drive the global meat mincers market during the forecast period.
Similarly, technological advances in meat mincers, combined with the incorporation of new features, are expected to create lucrative growth opportunities for leading manufacturers over the next ten years.
Furthermore, as e-commerce becomes more prevalent, the meat mincers industry is likely to experience rapid growth.
Key Takeaways from the Meat Mincers Market Study:
- By product type, sales of electric or automatic meat miners are expected to outpace manual ones.
- Based on end user, the commercial segment is likely to generate maximum revenues in the global meat mincers market during the forecast period.
- By installation type, counter top meat mincers are expected to account for more than 50% of the market share in 2023.
- North America holds around 38% share in the global meat mincer market.
- The U.S. meat mincer market is anticipated to grow at a robust pace during the next ten years.
- With rapidly growing population and rising consumption of meat products, demand for meat mincers across China is likely to rise at a healthy pace through 2033.
“Rapid expansion of meat processing industry an increasing consumption of mat products across the world are acting as catalysts triggering growth in the global meat mincers market and the trend is likely to continue during the forecast period,” says the FMI analyst
Who is Winning?
Avantco Equipment, BIRO Manufacturing Company, Bizerba USA Inc., Butcher oy Machines International LLC, ITW Food Equipment Group are among the top players operating in the global meat mincers market.
These players are adopting various organic and inorganic strategies such as new product launches, mergers, partnerships, acquisitions, and collaborations to increase their sales and expand their global footprint. Besides this, they are moving towards online shopping platforms to make their products accessible to a wider customer base.
Get Valuable Insights into Meat Mincers Market
FMI, in its new offering, provides an unbiased analysis of Meat Mincers Market presenting historical demand data (2018-2023) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Meat Mincers based on Product Type (Manual, Electric or Automatic), by Installation Type (Counter Top, Floor Standing), by End User (Residential, Industrial, Commercial), by Material (Plastic, Stainless Steel, Cast Iron), by Distribution Channel (Online, Offline)
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Meat Mincers Market by Category
By Product Type:
- Manual
- Electric or Automatic
By Installation Type:
- Counter Top
- Floor Standing
By End User:
- Residential
- Industrial
- Commercial
- Hotels
- Restaurants
- Fast Food Joints
- Others
By Distribution Channel:
- Online
- Company Websites
- E-commerce Platforms
- Offline
- Kitchenware Stores
- Supermarkets
- Independent Retailers
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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