Meat Processing Equipment Market

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Meat Processing Equipment Market (Type - Cutting Equipment, Blending Equipment, Tenderizing Equipment, Filling Equipment, Dicing Equipment, Grinding Equipment, Smoking Equipment, Massaging Equipment, and Others; Meat - Processed Beef, Processed Pork, Processed Mutton, and Others; Application - Fresh Processed Meat, Raw Cooked Meat, Precooked Meat, Raw Fermented Sausages, Cured Meat, Dried Meat, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : July, 2020

  • Rep Id : FB0282

  • Category : Food & Beverages

  • Status : Published

A recent report published by Infinium Global Research on the meat processing equipment market provides an in-depth analysis of segments and sub-segments in the global as well as regional meat processing equipment market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional meat processing equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global meat processing equipment market. According to the report, the global meat processing equipment market is projected to grow at a healthy CAGR over the forecast period of 2020-2026.

 

Market Insight

Meat is consumed as vital food in numerous parts of the world and it has high protein content, fat, and water. The global meat processing machinery industry is facing a number of challenges as it deals with the impact of the COVID-19 epidemic. The imports and the exports of various products have been paused owing to the epidemic situation. Only pharmaceutical products and essential goods are allowed to be traded across the globe. FDA, in specific, has relaxed the nutrition labelling of products which is anticipated to aid in increasing the distribution of packaged foods by restaurant operators leading to the optimal supply chain of products to customers. In addition, food safety testing and processing industries are projected to function at full capacity due to consumer's stock-piling goods during the COVID-19 lockdown. 

 

The demand for the meat processing equipment market is expected to upsurge owing to lifestyle changes and preferences of the consumers. Furthermore, an increase in demand for packaged foods & processed meat products along with an increase in demand for food safety boost market growth. Meat processing simplifies and improves the taste and facilitates easy cooking. Moreover, the meat processing equipment brings high effectiveness during the practice from slaughtering to preserving. Meat processing equipment changes the raw meat ingredients into ready-to-eat meat and other meat forms, depending on a customer’s choice. They safeguard easy portability and also increase the shelf life of the meat product.

 

Meat processing equipment is manufactured based on specific customer requirements. This equipment is used to remove toxins and upsurge meat consistency. The constant dominance of meat-based culture in various countries enhances the demand for meat processing equipment. Additionally, an increase in the trade flow of meat has augmented the demand for processed meat with great durability and shelf life, which is anticipated to fuel the growth of the meat processing equipment market. On the other hand, the high cost of equipment is anticipated to restrain the market growth over the forecast period. 

 

Among the geographies, North America region is expected to hold the largest share in the global meat processing equipment market. The rising demand for processed meat, the growing investment in meat processing facilities, and the presence of a large number of meat processors in the North American region are the factors driving regional growth. Moreover, the increasing number of new product launches has resulted in the growth of the meat processing equipment market in the North America region. Furthermore, the adoption of meat processing equipment is anticipated to increase in Asia Pacific region owing to the change in lifestyle of consumers, growth in demand for ready-to-eat food products, and stable economic growth. Developing markets, such as China and India, are projected to show the highest growth in demand for meat processing equipment over the forecast period.

 

Segment Covered

The report on the global meat processing equipment market covers segments such as type, meat, and application. On the basis of type, the sub-markets include cutting equipment, blending equipment, tenderizing equipment, filling equipment, dicing equipment, grinding equipment, smoking equipment, massaging equipment, and others. On the basis of meat, the sub-markets include processed beef, processed pork, processed mutton, and others. On the basis of application, the sub-markets include fresh processed meat, raw cooked meat, precooked meat, raw fermented sausages, cured meat, dried meat, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as GEA Group AG, JBT Corporation, Key Technology Inc., Marel, Heat and Control, Inc., Illinois Tool Works Inc., Manitowoc, The Middleby Corporation, Bettcher Industries, Inc., and EquipamientosCárnicos.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of meat processing equipment market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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