Meat Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Meat Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global meat processing equipment market size reached US$ 15.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.65% during 2023-2028.

Meat processing refers to the process of converting raw meat into ready-to-eat (RTE) products for human consumption. It involves salting, curing, smoking and canning the meat for removing toxins and improving the overall reliability, facilitating easy cooking, enhancing the taste and texture, and increasing the shelf life of the meat. It is undertaken using different meat processing equipment depending on the requirement of the customers. Some of the widely available variants are ovens, fillers, dicers, cutters, chillers, grinders, roasters, blenders, smokers, fryers, dryers, mixers, feeders, tenderizers, separators, slicers, and homogenizers.

Meat Processing Equipment Market Trends:
Rising safety concerns represent one of the key factors propelling the growth of the market. Additionally, the growing sales of convenient food products on account of rapid urbanization, hectic schedules and inflating income levels have positively influenced the demand for processed meat. This, coupled with the rising premiumization of meat products and increasing consumer access to organized retail stores like supermarkets, is strengthening the market growth. Moreover, leading players are considerably investing in innovation of processing technologies and coming up with fully automated meat processing equipment with an inbuilt sensor system to retain a competitive edge in the industry. They are also engaging in strategic acquisitions and partnerships for expanding their production volume and widening their distribution network. Apart from this, the consistent dominance of meat-based culture in numerous countries, along with the increase in trade flow of meat, is also catalyzing the demand. The rising health consciousness among individuals due to the growing prevalence of lifestyle diseases and consequently escalating demand for protein-rich food products is projected to fuel the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global meat processing equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, meat type and application.

Breakup by Type:

Cutting Equipment
Blending Equipment
Filling Equipment
Tenderizing Equipment
Dicing Equipment
Grinding Equipment
Smoking Equipment
Massaging Equipment

Breakup by Meat Type:

Processed Pork
Processed Beef
Processed Mutton
Others

Breakup by Application:

Fresh Processed Meat
Precooked Meat
Raw Cooked Meat
Cured Meat
Dry Meat
Raw Fermented Sausages
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bettcher Industries Inc., Duravant LLC, GEA Group Aktiengesellschaft, Heat and Control Inc., Illinois Tool Works Inc., JBT Corporation (TechnipFMC plc), Marel, Mepaco, Minerva Omega group s.r.l., RISCO S.p.A., Ross Industries Inc. and The Middleby Corporation.

Key Questions Answered in This Report:
How has the global meat processing equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global meat processing equipment market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the meat type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global meat processing equipment market and who are the key players?
What is the degree of competition in the industry?