Meat and Poultry Processing Equipment Market Size By Meat Type (Beef, Pork, Chicken), By Processing Type (Fresh Processed Meat, Raw-Cooked Meat, Precooked Meat, Raw-Fermented Meat, Cured Meat, Dried Meat), By Equipment (Killing & Defeathering, Evisceratio

Meat and Poultry Processing Equipment Market Size By Meat Type (Beef, Pork, Chicken), By Processing Type (Fresh Processed Meat, Raw-Cooked Meat, Precooked Meat, Raw-Fermented Meat, Cured Meat, Dried Meat), By Equipment (Killing & Defeathering, Evisceration, Cut-Up, Deboning & Skinning, Marinating & Tumbling), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2032

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.

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.

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.

Some of the leading players operating in the meat and poultry processing equipment industry include Cantrell Gainco Group, etc. Marel HF, JBT Corporation, Tomra, Middleby Corporation, GEA group, Bettcher Industries, CG Manufacturing & Distribution, and Baader Food Processing Machinery.