Global Meat Processing Equipment Market By Product Type (Slicing Equipment, Grinding Equipment, Blending Equipment, Dicing Equipment, and Other Product Types), By Meat Type (Mutton, Beef, Pork, and Other Meat Type), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: May 2021
- Report ID: 22241
- Number of Pages: 283
- Format:
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Meat Processing Equipment Market Overview:
Global meat processing equipment market was estimated at USD 15,300 million in 2021. It is projected to grow at a compound annual Growth rate (CAGR) of 6.4% between 2023 and 2032.
Growing investments in the automation of meat processing technology in countries such as India, Japan, and the UK will likely increase the demand for meat processing machines.
The demand for meat processing equipment will be driven by strict regulations regarding the sale, trade, and transportation of meat in controlled conditions. This is to prevent spoilage and maintain nutrient values. To reduce transfer costs and maintain hygiene, high R&D spending has led to the development of new technologies such as the integration and blending of different equipment into one machine.
Global Meat Processing Equipment Market Scope:
Product type analysis
The market leader in slicing equipment was 25% of global revenue in 2021. The integration of slicing equipment with other equipment in meat processing can reduce the amount of manual weighing and arrangement of sliced products. This improves hygiene.
The dicing equipment can be used to produce controlled-sized cubes, slices, and flakes, as well as strips of fresh and slightly frozen meat. Dicing equipment can be distinguished by its overall operation time, a number of blades, and speed. The forecast period will see a rise in demand for dicing tools due to the growth of the hospitality industry worldwide and the increasing popularity of barbeque restaurants.
The demand for blended equipment is expected to grow at a 5.8% CAGR between 2023 and 2032. They are in high demand due to the growing popularity of blended meat patties for burgers and their use in meatloaves, tacos, and meatballs. Blending equipment is used to mix meat and other ingredients and maintain the consistency of the product.Due to the rising demand for patties and sausages as well as pies with other spices in fast-food restaurants, the demand for grinding equipment will continue to grow. The segment is seeing significant growth as companies invest in grinding machines that can be used for a variety of applications.
Meat Type analysis
Pork accounted for 45.1% of global revenue in 2021 and led the market. Despite the fact that pork is not subject to Bovine Spongiform Encephalopathy or mad cow disease (BSE), the main reason pork is in high demand is because it isn’t affected by this disease. Because pork is tough, there is a high demand for processing equipment.
Mutton is a popular meat type in the eastern regions of the world, specifically the Asia Pacific, the Middle East, and Africa. Its flavor, natural origin, and availability make it one of the most widely consumed meat types. Mutton is very popular at festivals. Its demand has been declining due to the spread of Scrapie disease in goats and sheep, which can affect their nervous systems and negatively impact meat quality.
Other types of meat include horse meat, venison, hare, and moose. These meat types are largely chosen based on individual preferences. High-income people eat horse meat, while high-income people eat rabbit meat due to its high protein and low-fat content. These meat types have different needs and are in high demand across the globe.Кеу Маrkеt Ѕеgmеntѕ:
By Product Type
- Slicing Equipment
- Grinding Equipment
- Blending Equipment
- Other Product Types
By Meat Type
- Mutton
- Beef
- Pork
- Other Meat Type
Market Dynamics:
The United States is one of North America’s most prominent countries and also the largest consumer of processed meat worldwide. Market growth is expected to be positive due to the rising preference of consumers for easy-to-cook, clean packaged meat products that are not compromising on taste or nutrient levels.
Many key players are following the strategy to strengthen their supply chain structure and integrate their value chain. They purchase meat directly from farmers and poultry farms, then transfer it to processing plants in controlled conditions. Once they have processed them, they send them to retailers in the correct conditions to prevent spoilage.
The U.S. Food & Drug Administration (FDA) enacted a regulation on the transportation of human and animal foods in 2014. This also included food processing techniques that govern the proper transportation of semi-processed and processed meat products. This has led to the development of sophisticated meat processing equipment that is expected to drive market growth during the forecast period.
Regional Analysis:
North America dominated the market, accounting for 40.1% of global revenue in 2021. High levels of automation in the food processing sector are responsible for the rising demand in the region for meat processing equipment. Due to its high protein content, meat is a key component of regional meals.
Europe’s market will be driven by raising awareness about the many benefits of meat products, such as their high protein content and immune-boosting abilities. Market growth is also expected to be driven by innovations in the food processing sector, such as the integration of all equipment into one to reduce human effort and improve hygiene.The Asia Pacific will experience the fastest growth rate of 7% during the forecast period due to the increasing population with different income levels and cultural diversions. Moreover, the increasing investments made by western countries in the Asia Pacific for opening fast-food restaurants have increased demand for meat processing equipment and have reduced processing times.
As these meats have a tough texture, the Middle East and African high-income population have been increasing their consumption of meats such as horses and camels. Due to their lower fat content, Central and South America have a high demand for low-fat meats such as rabbits and Guinea pigs. This drives the demand for meat processing equipment.
Key Regions and Countries covered іn thе rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
Global market competition is high due to both local and multinational players. Market participants are using key strategies to increase their market share by developing new products with quicker processing times and higher hygiene standards.
Market players also form strategic partnerships with industry players to create machinery that can do multiple tasks such as cutting, slicing, and blending. They also share their expertise in R&D and exploring new market opportunities. Market players are also embracing value chain integration as one of their most important strategies. The following are some of the major players in the global meat processing market:
Маrkеt Кеу Рlауеrѕ:
- Mepaco Group
- Minerva Omega Group s.r.l
- Tomra Systems ASA
- JBT Corporation
- Talsabell S.A.
- Nemco Food Equipment, LTD.
- Middleby Corporation
- Marel
- Other Key Players
For the Meat Processing Equipment Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the size of the meat processing equipment market in 2021?The Meat processing equipment market size is estimated to be US$ 15,300 million in 2021.
Q: What is the projected CAGR at which the Meat processing equipment market is expected to grow at?The Meat processing equipment market is expected to grow at a CAGR of 6.4% (2023-2032).
Q: List the segments encompassed in this report on the Meat processing equipment market?Market.US has segmented the Meat processing equipment market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Product Type, the market has been segmented Slicing Equipment, Grinding Equipment, Blending Equipment, Dicing Equipment, and Other Product Types. By Meat Type, the market has been further divided into, Mutton, Beef, Pork, and Other Meat Types
Q: List the key industry players of the Meat processing equipment market?Mepaco Group, Minerva Omega Group s.r.l, Tomra Systems ASA, JBT Corporation, Talsabell S.A., Nemco Food Equipment, LTD., Middleby Corporation, Marel, and Other Key Players engaged in the Meat Processing Equipment market.
Q: Which region is more appealing for vendors employed in the Meat processing equipment market?North America is expected to account for the highest revenue share of 40.1%. Therefore, the Meat processing equipment Technology industry in North America is expected to garner significant business opportunities over the forecast period.
Q: Name the key areas of business for Meat processing equipment?The US, Canada, UK, Japan, Mexico, India, China & Germany are key areas of operation for the Meat processing equipment Market.
Q: Which segment accounts for the greatest market share in the Meat processing equipment industry?With respect to the Meat processing equipment industry, vendors can expect to leverage greater prospective business opportunities through the pork segment, as this area of interest accounts for the largest market share.
Meat Processing Equipment MarketPublished date: May 2021add_shopping_cartBuy Now get_appDownload Sample - Mepaco Group
- Minerva Omega Group s.r.l
- Tomra Systems ASA
- JBT Corporation
- Talsabell S.A.
- Nemco Food Equipment, LTD.
- Middleby Corporation
- Marel
- Other Key Players
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