Meat Processing Equipment Market - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2017 - 2025

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Meat Processing Equipment Market - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2017 - 2025

Status : October, 2020 | Food and Beverages | PPT format

Report Digest


Global Meat Processing Equipment Market: Snapshot

Changing food preferences, lifestyles, tastes, and habits of the global population have bolstered the growth of the market for meat processing equipment. Developing economies such as China and India have been exhibiting enormous demand for meat over the last few decades. Industrialization, growing urbanization, Western influence on the food habits of Eastern consumers, and the growing disposable incomes of people have offset the growth of global meat processing equipment market.

The Republic of Korea, China, and Brazil have surfaced as the major meat consumers among developing countries. The rapid growth of the poultry sector and the growing demand for beef in Japan, Saudi Arabia, Taiwan, Malaysia, the Republic of Korea, Mexico, and Kuwait are also influencing the demand for meat processing equipment. As more people are leading busy lives, they are spending lesser time in the kitchen. Various types of grinders, meat cubers or tenderizers, sausage stuffers, meat mixers, sausage linkers, and patty makers can process, chop, mince, and grind meat at a rapid pace with high efficiency.

However, the global market for meat processing equipment might face impediments because of the increased risk of heart diseases associated with high consumption of meat. People worldwide are increasingly opting for vegetarian and vegan diets that are lower in cholesterol and saturated fat. Studies reveal that a vegetarian diet significantly reduces the incidence of chronic degenerative disorders such as diabetes, obesity, high blood pressure, coronary artery disease, and some types of cancer such as stomach, cologne, lung, breast, esophageal, and prostate cancer. However, as the livestock industry advances, the countries in Asia Pacific, the Middle East and Africa, and Latin America are likely to bear opportunities for growth.

Global Meat Processing Equipment Market: Overview

With the actions of slaughtering, processing, and packaging being core aspects of the meat and poultry industry, it puts the entire processing aspect at a very high regard in terms of presenting a valued edible assed to the food and beverages industry. The management of livestock and the packaging of meat aside, the processing of meats has evolved from a basic farm-based activity to the inclusion of corporates and globally strong entities that mass-produce meat. The demand for meat itself is the primary facet that has revolutionized the global meat processing equipment market, as the increasing demand has brought about the creation of equipment that are capable of handling large quantities of meat while maintaining the quality of the meat.

Of the many facts and figures analyzed in the report, TMR Research focuses on the global meat processing equipment market with respect to its basic categorization, regional assessment, and most importantly the competitive landscape. The latter has been dissected using tried-and-true industry standard analytics such as the SWOT analysis as well as Porter’s Five Forces analysis. The key intention of the report’s release is to allow a user to fully understand their position in the global meat processing equipment market and what they can do to strengthen it.

Global Meat Processing Equipment Market: Trends and Opportunities

The global meat processing equipment market can be segmented on the basis of the type of equipment, the type of meats being processed, the type of products being distributed and sold, and finally, a region-based segmentation. Quite a few strong factors are currently propelling the global meat processing equipment market, of which the leading one is likely to be the staggering demand for meat products and the high rate at which this demand is increasing.

The common types of equipment manufactured for meat processing include the ones used for grinding, massaging, smoking, dicing, filling, tenderizing, blending, and cutting. Each type has its unique function and process type and the global meat processing equipment market is currently receiving a high demand for nearly all of them. The three highly common forms of meat that are processed are mutton, pork, and beef, and they all need different types of machinery to achieve a high quality of food processing. The product types that generally need to be provided on a commercial level include meats that are dried, cured, raw-fermented, precooked, raw cooked, and freshly processed.

Global Meat Processing Equipment Market: Region-wise Outlook

The key segments of the global meat processing equipment market on the basis of geography are North America, Asia Pacific, Europe, Latin America, and The Middle East and Africa. Among these, North America had been a high level consumer of meats over the years. Both North America and Europe have consistently held a very high rate of consumption of meat as a part of the daily diet and are therefore host to a vast number of key players from the market. At the same time, Latin America, The Middle East and Africa are expected to exhibit a phenomenal rate of growth in demand for processed and ready-to-eat meats, thereby promoting the growth of the meat processing equipment market within their countries. A somewhat similar scope of promise is shown by Asia Pacific, where the number of people eating meat is steadily increasing and so is the demand for ready-to-eat meats.

Global Meat Processing Equipment Market: Leading Players

The global meat processing equipment market has – over the past few years, been dominated by companies such as GEA    Group AG, Key Technology Inc., JBT Corporation, Marel, Illinois Tool Works Inc., Heat and Control, Inc., and The Manitowoc Company, Inc.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?