Meat and Poultry Processing Equipment Market -PPT

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Meat and Poultry Processing Equipment Market to
at over 5 CAGR from 2023 to 2032 Global Market
Insights, Inc.
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Overview of Meat and Poultry Processing Equipment
Market

• Global Meat and Poultry Processing Equipment
  Market is slated to expand at a remarkable growth
  rate between 2023 and 2032, primarily owing to an
  increase in the number of multinational hotels
  and restaurant chains in Europe.
• Overall, the meat and poultry processing
  equipment market has been bifurcated in terms of
  meat, processing, equipment, and region.
• Based on meat, the industry is likely to be
  characterized by the chicken segment, which is
  slated to experience sturdy growth over the next
  ten years. Chicken consumption is expected to
  grow exponentially in developing countries due to
  the expanding population base and rapid
  urbanization. Besides, the unprecedented outbreak
  of numerous health calamities, such as ASF across
  the Asia Pacific region, in association with
  several other factors such as rising income
  levels, trade liberalization, and declining meat
  prices, will aid segment growth through 2032.

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• In terms of processing, the raw-fermented meat
  segment is poised to exhibit more than 5.5 CAGR
  from 2023 to 2032. The segment growth can be
  credited to the changing dietary preferences and
  the noticeable surge in demand for processed meat
  and meat products. In addition, the accelerating
  consumer shift toward ready-to-eat meat items is
  anticipated to fuel the demand for meat and
  poultry processing equipment during the forecast
  period.
• Regarding the equipment, the meat and poultry
  processing equipment market size from the
  deboning skinning segment is primed to expand
  at over 7.5 CAGR during 2023-2032. Automated
  equipment is widely employed across large meat
  processing plants to debone breasts and thighs.
  Thus, the increasing demand for deboned meat will
  drive appreciable segmental gains throughout the
  estimated timeframe.
• Besides, meat and poultry processing firms are
  investing more in automation, as they are trying
  to improve their products to meet industry safety
  and quality standards. This, in addition to the
  rising consumer awareness and growing demand for
  high-quality processed meat in developing
  economies will stimulate the industry revenue
  streams between 2023 and 2032.

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• In the regional context, the LATAM meat and
  poultry processing equipment market is
  anticipated to experience decent progression
  during the coming ten years. The commendable rise
  in meat production across several regional
  economies, such as Chile, Brazil, and Argentina,
  is slated to push product demand in Latin
  America. Besides, increasing export of beef from
  countries, such as Brazil and escalating import
  demand from countries, such as China will
  positively influence the industry landscape
  across the region.
• Notable participants in the Meat and Poultry
  Processing Equipment market include Middleby
  Corporation, Bettcher Industries, and Prime
  Equipment Group

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