Global Meat Processing Equipment Market Size study & Forecast, by Product (Slicing Equipment, Blending Equipment, Dicing Equipment, Grinding Equipment, Massaging & Marinating Equipment, Smoking Equipment, Tenderizing Equipment, Others), by Meat Type (Beef

Global Meat Processing Equipment Market Size study & Forecast, by Product (Slicing Equipment, Blending Equipment, Dicing Equipment, Grinding Equipment, Massaging & Marinating Equipment, Smoking Equipment, Tenderizing Equipment, Others), by Meat Type (Beef, Mutton, Pork, Others) and Regional Analysis, 2023-2030

Global Meat Processing Equipment Market is valued approximately USD 10.28 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2023-2030. The Meat Processing Equipment Market refers to the market for machinery and equipment used in the processing of meat and meat products. Meat processing equipment includes a wide range of machines used for meat grinding, slicing, tenderizing, mixing, and packaging, among others. The equipment is used in various meat processing facilities such as slaughterhouses, meat processing plants, and packaging plants. The market is driven by factors such as the increasing demand for processed meat products, the need to improve meat quality and safety, and the growing meat processing industry globally. Moreover, technological advancements and government regulations is creating lucrative growth opportunity for the market over the forecast period 2023-2030.

The rising demand for processed meat products, such as sausages, bacon, and other meat products, is a key driver of the market. As people's lifestyles change and they become busier, they tend to prefer processed meat products that are easy to cook and require less preparation time. For instance, in March 2020, nestle announced that it was expanding its plant-based meat alternatives range, which includes products such as sausages and ground meat, due to increasing demand from consumers. Furthermore, in August 2021, Tyson Foods reported strong demand for its chicken and beef products, particularly its processed meats such as deli meats, sausages, and bacon, which drove the company's sales growth. However, the high cost of Meat Processing Equipment stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Meat Processing Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The North American meat processing equipment market is the dominating market and driven by the high demand for processed meat products in the region. The United States is a major market in this region due to the high consumption of meat and meat products. The market growth is also driven by the presence of major market players in the region and government initiatives to improve food safety and quality. The Asia-Pacific meat processing equipment market is expected to witness substantial growth due to the increasing demand for meat products in the region, particularly in China and India. The market growth is also driven by the growing meat processing industry in the region, increasing population, and urbanization.

Major market player included in this report are:
JBT Corporation
Marel
GEA Group AG
The Middleby Corporation
Illinois Tool Works Inc.
Bettcher Industries, Inc.
Key Technology, Inc.
Heat and Control, Inc.
Biro Manufacturing Company
John Bean Technologies Corporation

Recent Developments in the Market:
 In July 2022, JBT Corporation completed the acquisition of Alco-food-machines GmbH & Co. KG (Alco). This strategic acquisition is expected to help JBT Corporation expand its product portfolio in the further processing segment.

Global Meat Processing Equipment Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Meat Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Slicing Equipment
Blending Equipment
Dicing Equipment
Grinding Equipment
Massaging & Marinating Equipment
Smoking Equipment
Tenderizing Equipment
Others
By Meat Type:
Beef
Mutton
Pork
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned

JBT Corporation
Marel
GEA Group AG
The Middleby Corporation
Illinois Tool Works Inc.
Bettcher Industries, Inc.
Key Technology, Inc.
Heat and Control, Inc.
Biro Manufacturing Company
John Bean Technologies Corporation

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