The latest report by IMARC Group, titled “Meat Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the Meat Processing Equipment Market Share. The report also includes competitor and regional analysis, and contemporary advancements in the market. 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 6.8% during 2023-2028. Meat processing refers to the method of preparing the edible portion of animal tissues for human consumption. It involves modifying the properties of fresh meat using several procedures, such as mincing, chopping or grinding, curing and salting, along with the addition of seasonings, food materials and heat treatment. It is widely adopted to prepare ready-to-eat (RTE) or packaged meat products, which is done using different meat processing equipment that are efficient and convenient to use. There are various types of meat processing equipment available in the markets to meet the customer requirements that differ on the basis of sizes, product type and prices.
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Industry Growth:
The global market is primarily driven by the changing dietary patterns of the masses. This can be accredited to the shifting lifestyle preferences and hectic lifestyles led by working professionals. In line with this, the growing preference for protein-rich and convenient food products due to the increasing health consciousness among individuals is impacting the market growth favorably. Along with this, the proliferation of quick-service restaurants (QSRs) and cafes across the globe are creating a positive market outlook. Moreover, the easy product availability via offline and online organized retail channels and the advent of online delivery models are considered to be major growth-inducing factors. Furthermore, numerous leading players are heavily investing in the development of aggressive marketing strategies, celebrity endorsements, promotional campaigns and innovative product variants, which is significantly supporting the growth of the market on the global level. Other factors, including rapid urbanization, continuous improvements in the food and beverage sector, continual technological advancements and product miniaturization, are also positively influencing the market.
Competitive Landscape with Key Players:
- 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.
- The Middleby Corporation
Key Market Segmentation:
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)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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