Meat Processing Equipment Market Drivers, Type Outlook and SWOT Analysis till 2025
Global Meat Processing Equipment Market is expected to reach USD 16.22 billion by 2025. Meat is the utmost appreciated livestock product and for several people aids as their first-choice source of animal protein. Meat is also consumed as a processed meat product or constituent of kitchen-style food preparations. Meat processing consists of exclusive chemical and physical treatment methods that can be mechanized. The meat processing equipment market is estimated to grow at a significant CAGR of 6.2% over the future period as the scope and its applications are rising enormously across the globe.
Global Meat Processing Equipment Market is expected to reach USD 16.22 billion by 2025. Meat is the utmost appreciated livestock product and for several people aids as their first-choice source of animal protein. Meat is also consumed as a processed meat product or constituent of kitchen-style food preparations. Meat processing consists of exclusive chemical and physical treatment methods that can be mechanized. The meat processing equipment market is estimated to grow at a significant CAGR of 6.2% over the future period as the scope and its applications are rising enormously across the globe.
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populace. The United States is a major consumer of meat processing equipment in this region, as high demand
from consumers for locally processed meat.
Instead, Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the
second-largest region with a significant market share. However, Asia Pacific is estimated to grow at the fastest pace
with the highest CAGR in the foremost period. Developing countries like India and China are the major consumers
of meat processing equipment in the region.
The key players in the meat processing equipment market are The Manitowoc Company, Inc., GEA Group AG,
Illinois Tool Works Inc., JBT Corporation, Marel, and Heat and Control, Inc. These players are concentrating on
inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint
ventures are the need of the hour.
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Market Segment:
Meat Processing Equipment Product Outlook (Revenue, USD Million, 2014 - 2025)
• Slicing
• Blending
• Dicing
• Grinding
• Massaging & Marinating
• Smoking
• Tenderizing
• Other
Meat Processing Equipment Meat Type Outlook (Revenue, USD Million, 2014 - 2025)
• Beef
• Mutton
• Pork