Poultry Processing Equipment Market Forecasts to 2028 – Global Analysis By Product Type (Raw Cooked, Raw Fermented Sausages and Dried), Poultry Type (Chicken Meat, Roasted Meat and Fried), Distribution Channel (Online and Offline), Equipment Type (Poultry

Poultry Processing Equipment Market Forecasts to 2028 – Global Analysis By Product Type (Raw Cooked, Raw Fermented Sausages and Dried), Poultry Type (Chicken Meat, Roasted Meat and Fried), Distribution Channel (Online and Offline), Equipment Type (Poultry Slaughtering Equipment, De-feathering & Killing Equipment and De-boning & Skinning Equipment) and By Geography

According to Stratistics MRC, the Global Poultry Processing Equipment Market is accounted for $4.64 billion in 2022 and is expected to reach $6.85 billion by 2028 growing at a CAGR of 6.7% during the forecast period. The production of poultry is a significant industry worldwide. It is now a common way to get inexpensive protein. It is also a very competitive industry, and to meet the demands of an insatiable market, feed suppliers, producers, processors, and equipment manufacturers have all realized the benefits of economies of scale and developed larger and more automated operating systems than ever before. Machines used in poultry processing are known as poultry processing equipment. These devices are perfect for businesses to increase production capacity, decrease human intervention, raise product quality, and lower contamination. As a result, they are working more often in various industries.

According to the National Chicken Council, per capita consumption of poultry is expected to reach 115.3 pounds in 2023. This will positively influence the poultry processing equipment market in the country during the forecast period.

Market Dynamics

Driver

Increasing poultry meat consumption globally

The global Poultry Processing Equipment market expected to drive growth during the forecast period. The production and consumption of poultry meat have both risen noticeably in recent years all over the world. The increased production of meat products due to various feed products' nutritional value is likely to increase market growth opportunities. One of the well-liked mixtures that is frequently used as feed for many poultry and other livestock is poultry concentrate. Typically, these concentrates come in crumble form. The same is also true for different poultry rations. Utilizing poultry concentrate will increase the nutritional value of poultry feed products. Different types of poultry concentrates can be easily found on the international market, including additive concentrates, vitamins, minerals, protein concentrates, and energy concentrates.

Restraint

Lack of technical knowledge

The growth of the market for poultry processing equipment is expected to be hampered by the local market's lack of awareness of technological advancements. The market may be negatively impacted by particular meat-related factors like obesity and health issues. Players' productivity may suffer as a result of their ignorance. The world market for equipment used in the processing of poultry may also be hampered by rising costs for raw materials and large capital expenditures.

Opportunity

Growing attention to nutritional needs

The conversion of feed into various food products, such as eggs and meat, results in a comparatively high requirement for nutrients in the poultry industry. In addition, a lack of some essential aminoalkanoic acids is likely to cause growth retardation, instances of abnormal behavior like feather picking, and decreased egg production. A diet with insufficient nutrition can have negative effects on poultry health as well as the environment, including an increase in laughing gas emissions linked to manure. It might have a negative effect on the environment. Consequently, it is crucial to keep protein requirements in balance in order to ensure environmental sustainability and productivity. Poultry concentrate is becoming more popular as a result of its nutrient enrichment. Minerals and multivitamins, such as phosphorus, vitamins, salt, protein, methionine, calcium, lysine, and some other minerals, are frequently found in poultry concentrate.

Threat

Price volatility for raw materials

Production of ceramic and electric insulators would be significantly impacted by sudden changes in raw material prices. The use of insulators in poultry houses reduces the amount of heat that is transferred from inside to outside and from outside to inside, allowing you to keep heat inside during the winter and outside during the summer. Steel and silicon rubber are the primary building blocks used to create insulators. But the price of these materials is very erratic and changes frequently. The reason for this price fluctuation is that China, one of the world's top producers of steel, has had weak economic growth for the past three years. Future price swings are likely to increase as the nation's manufacturing sector continues to decline. The price volatility of raw materials would pose a serious threat to the electric insulation industry.

Covid-19 Impact

The poultry processing manufacturing sector has been significantly impacted by COVID 19, which has led to a halt in production and factory operations. It all began in China, the world's center for the supply of raw materials to businesses, and later spread to every link in the supply chain for businesses engaged in manufacturing. Additionally, the United Nations Conference on Trade and Development (UNCTAD) forecasts that a decline in manufacturing company operations as a result of factory closures will cause a 5% to 15% decline in global FDI. The COVID-19 outbreak is anticipated to have a negative impact on global investment in the manufacturing sector that processes meat and poultry. The demand for processing meat and poultry has decreased as a result of this scenario, especially in 2020.

The fresh processed segment is expected to be the largest during the forecast period

Due to the increasing demand for processed foods and consumers' busy lifestyles, the fresh processed type is anticipated to hold the largest market share in the global market for poultry processing equipment in 2018. Additionally, different amounts of processed animal fat are combined with the packaged and processed poultry meat to create processed food products. Because it is so savory, freshly processed food is cooked or dried before consumption. The market for poultry processing equipment will also grow as a result of the high consumer acceptance of these food products.

The chicken meat segment is expected to have the highest CAGR during the forecast period

The poultry processing equipment market is anticipated to grow at its fastest rate in the chicken processing segment over the coming years. This is a result of the rising demand for chicken meat and the requirement for effective and affordable poultry processing machinery. Chicken is the most popular type of poultry consumed worldwide because it is readily available, has a high nutritional value, and is inexpensive. It is used to prepare a variety of foods, including fast food. The demand for chicken meat products is anticipated to increase at a rapid rate over the coming years due to the country's rapidly expanding population and the food service sector's robust expansion. Businesses are increasingly using poultry processing machinery to meet this demand. Both the target market segment and the market for poultry processing equipment globally will benefit from this.

Region with largest share

The North America region market is estimated to witness a largest share of the global Poultry Processing Equipment market during the forecast period, due to the high consumption of poultry products and technological advancements in poultry processing equipment, the North American region saw the highest market growth for the world's poultry processing equipment in 2018. The market will continue to grow as a result of ongoing advancements in processing techniques and rising consumer demand for canned meat, salami, and hot dogs with longer shelf lives. Regional market trends should be influenced by the cost of feed and the high demand for meat products. The United States is the top exporter of meat to nations like Japan, China, South Korea, and Russia.

Region with highest CAGR

Asia Pacific is projected to have the highest CAGR over the forecast period. Consumption of meat is rising significantly in nations like China, India, Vietnam, Thailand, and Japan. The demand for processed poultry products in this region will be driven by China and India, two of the biggest consumers in the world. In this region, both the rising per capita income and the preference of consumers for foods high in protein are more pronounced.

Key players in the market

Some of the key players in Poultry Processing Equipment market include Baader Food Processing Machinery, Inc., BFE Services Pty Ltd, Brower Equipment Sales, LLC, Cantrell Gainco Group, Inc., CG Manufacturing and Distribution Limited, Charoen Pokphand Group, JBT Corporation, JF Equipment, John Bean Technologies Corporation, Key Technology, Linco Food Systems A/S, Meyn Food Processing Technology B.V, Perdue Farms Inc., Prime Equipment Group Inc., Sanderson Farms, Incorporated, Stork Food & Dairy Systems B.V., The Manitowoc Company, Inc, Tyson Foods, Inc. and Wen's Food Group Co., Ltd.

Key Developments

In May 2022, Neogen Corporation has added a new insect control solution for poultry producers to its Prozap product line. Prozap Gamma-Defense is a micro-encapsulated, slow-release pesticide used to eliminate litter beetles, flies, fleas, ticks, and other specified pests in and around poultry and other animal housing, buildings, and structures. The highly concentrated pest control solution contains gamma-cyhalothrin.

In May 2022, TARGAN secures USD 35 million to launch new technologies for the poultry industry.
In October 2019, Marel, Lincoln Premium Poultry, and Costco established a partnership. This partnership will help Marel with the installation of a novel plant to give efficient poultry products of suitable quality and at an economical price.

Product Types Covered
• Raw Cooked
• Raw Fermented Sausages
• Dried
• Fresh Processed
• Pre-Cooked
• Cured
• Other Product Types

Poultry Types Covered
• Chicken Meat
• Roasted Meat
• Fried
• Turkey
• Duck Meat
• Other Poultry Types

Distribution Channels Covered
• Online
• Offline
• Other Distribution Channels

Equipment Types Covered
• Poultry Slaughtering Equipment
• De-feathering & Killing Equipment
• De-boning & Skinning Equipment
• Cut-up Machines
• Evisceration Equipment
• Tumbling Equipment
• Marinating Equipment
• Other Equipment Types

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities,Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements