Meat Processing Equipment Market Strongly Driven by Rising Global Demand

Rising demand for processed meat products owing to changing eating habits is anticipated propel industry growth over the forecast period. The Global Meat Processing Equipment Market size is expected to reach USD 16.22 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.2% during the forecast period.

Increasing purchasing power of buyers owing to rising per capita income is expected to boost industry growth. In addition, factors such as growing number of slaughterhouses, improved packaging strategies, and introduction of a number of ready-to-eat meals are expected to benefit market growth.

Notable investments by companies in order to improve processing technology is presumed to increase equipment sales. Increasing focus of companies on developing technology to improve product safety and quality and increase productivity is also expected to boost demand for advanced processing equipment.

High demand for animal proteins owing to rising awareness regarding health benefits is expected to boost demand for such products, which in turn is expected to fuel growth. Manufacturers in the market generally manufacture standardized equipment due to usage of standard processing procedures for a particular type of meat and to gain desired output.

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Manufacturers in the industry are involved in product distribution through direct sales to economies they are operating in. In addition, they operate in international markets either through manufacturing locations established by them or through third-party distribution channels.

Market Segmentation of Meat Processing Equipment Market:

The Global Meat Processing Equipment Market segmented on the basis of Product, Meat Type, and Region.

By Product:

Slicing

Blending

Dicing

Grinding

Massaging & Marinating

Smoking

Tenderizing

By Meat Type:

Beef

Mutton

Pork

By Region:

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

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