Meat Processing Equipment Market Regional Data, Industry Scope, Key Takeaways and Competitive Analysis By 2033

The market for meat processing equipment is anticipated to grow globally between 2023 and 2033 at a moderate 5.2% CAGR. According to projections, the target market will grow from an expected US$ 5,100.0 million in 2023 to US$ 8,467.0 million in 2033. The increase in demand for packaged foods and processed meat products is the reason for this growth. Throughout the projected period, the market for meat processing equipment will expand thanks in part to rising concerns about food safety.

Meat processing equipment assists with the removal of toxins and enhances meat consistency. These machines cater to the meat-based culture of several countries as they meet the rising demand for packaged food and processed meat. Further, the shifts in consumer tastes, preferences, and lifestyles owing to the influence of foreign cultures, rapid urbanization, and others will propel the demand for meat-based products which, in turn, fuel the growth of the meat processing equipment market in the upcoming years.

The elevated demand for processed meat with an extended shelf life and greater durability is projected to augment the sales of meat processing equipment in the global marketplace. The prevailing trend of premiumization will also have a positive impact on the target market. The premiumization of meat in developed nations will encourage lucrative opportunities for the market.

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Key Takeaways:

  • High costs of this machinery may deter the growth of the meat processing equipment market between 2023 and 2033.
  • Demand for advanced meat-cutting machines will drive the target market growth in the US which will account for about 68% of the global market share.
  • The U.K meat processing equipment market will observe substantial growth due to the rising production of beef.
  • India’s meat processing equipment market will register steady growth owing to increasing demand for ready-to-eat food products.
  • By product type, the grinding equipment segement will dominate the global meat processing equipment market.

Competitive Landscape:

GEA Group, BT Corporation, Marel, Illinois Tools Work, The Middleby Corporation, Bettcher Industries, Equipamientos Carnicos, Biro Manufacturing Company, Braher, RZPO, Bizerba, and Riopel Industries, among others are some of the key players in the meat processing equipment market profiled in the full version of the report.

Prominent market players are focusing on introducing and developing new products. These businesses also adopt various marketing strategies including partnerships, collaborations, expansions, mergers, and acquisitions.

More Insights into Meat Processing Equipment Market

In its latest report, FMI offers an unbiased analysis of the global meat processing equipment market, providing historical data from 2017 to 2021 and forecast statistics for 2023 to 2033. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type, application, meat type, automation, and region.

According to the latest FMI reports, based on segmentation, the grinding equipment product type will register high demand because of its extensive application in processing various products like hamburgers, sausages, and minced meat. Thus, this segment will prove to be profitable and substantially contribute to the overall market growth.

Based on region, the meat processing equipment market in the US will present impressive growth. The target market in this region will account for 68% of the overall market share. The rapid adoption of automation by meat processing businesses, high demand for processed meat, and increasing demand for advanced meat processing equipment will drive the growth of the market in the US. The U.K, and India are two other nations with promising growth potential in the meat processing equipment market between 2023 and 2033.

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Meat Processing Equipment Market Outlook by Category

By Product:

  • Cutting Equipment
  • Blending Equipment
  • Tenderizing Equipment
  • Filling Equipment
  • Slicing Equipment
  • Grinding Equipment
  • Smoking Equipment
  • Massaging Equipment
  • Other Types (Brine Injectors, Emulsifying Machines, and Ice Flakers)

By Application:

  • Fresh Processed Meat
  • Raw Cooked Meat
  • Precooked Meat
  • Raw Fermented Sausage
  • Cured Meat
  • Dried Meat
  • Catering
  • Meat Shop
  • Hotel
  • Restaurant
  • Meat Processing Unit
  • Poultry Industries
  • Further Processing
  • Other (Sun-Drying Meat, Mincing, and Grinding Meat)

By Meat Type:

  • Processed Pork
  • Processed Beef
  • Processed Mutton
  • Others (Horses, rabbits, Camels, and Yak)

By Automation:

  • Automatic
  • Semi-Automatic

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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