NEWARK, Del, 31 Dec. 2022 (GLOBE NEWSWIRE) — NEWARK, Del: According to Future Market Insights, global poultry processing equipment sales are expected to increase to 6.6% CAGR between 2023 and 2033, totaling a valuation of $7,958.3 min by 2032.
Rising production and consumption of poultry meat products, especially chicken meat across the globe is a key factor giving impetus to the growth of the poultry processing equipment market and the trend is expected to continue during the forecast period.
Poultry processing equipment refers to the tools or equipment used by companies to process poultry meat on a large scale. From slaughtering, defeathering and deboning functions to evisceration and marinating, poultry processing machines help end users improve productivity and reduce labor costs.
Factors such as rapid population growth, increasing disposable income and changing lifestyles have led to increased consumption of processed and ready-to-eat food products, including chicken wings, fried chicken and chicken patties. chicken. This in turn encourages poultry processing plants to increase their production capacities. Driven by this, sales of poultry processing equipment are expected to increase at a steady pace over the next ten years.
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Likewise, the advancement of poultry processing equipment and the development of cost-effective solutions will contribute to the expansion of the global poultry processing equipment market.
Key Takeaways from Poultry Processing Equipment Market Research:
- By product type, the poultry slaughtering and plucking equipment segments dominate the global market.
- Based on applications, the chicken processing segment will continue to dominate the global poultry processing equipment market during the forecast period.
- North America holds the largest share of the global poultry processing equipment market.
- With increasing consumption of chicken meat products, Asia-Pacific is expected to become the fastest growing poultry processing equipment market till 2033.
- The demand for poultry processing equipment in the United States is expected to grow at a steady rate over the next ten years.
“The ever-increasing demand for poultry meat products with high nutritional value forces meat processors to use new automated solutions to increase their production capacities. This acts as a catalyst triggering the growth of the global poultry processing equipment market,” says a senior IMF analyst.
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Market leaders in poultry processing equipment in the global market are Marel HF, Key Technology Inc., John Bean Technologies Corporation, CTB Inc. and Baader Food Processing Machinery Inc.
These players are adopting strategies such as new product launches, partnerships, mergers, acquisitions, and collaborations to increase sales and consolidate their position in the global market.
Poultry Processing Equipment Market Segment By Type
By product type:
- Poultry slaughter equipment
- Plucking equipment
- Deboning equipment
- cutting machine
- Evisceration equipment
- Tumbling equipment
- Marinating equipment
- Chicken processing
- Turkey processing
- Duck processing
By distribution channel:
- North America
- Latin America
- Asia Pacific
- Eastern Europe
- Western Europe
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1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Analysis of the technology roadmap
1.5. Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Market context
4. Global Market Analysis 2018-2022 and Forecast, 2023-2033
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Obtain valuable insights into Poultry Processing Equipment Market
FMI, in its new offering, provides an unbiased analysis of the Poultry Processing Equipment Market presenting historical demand data (2018-2022) and forecast statistics for the period (2023-2033). The study discloses compelling information about the Poultry Processing Equipment Market demand based on the type of equipment (Poultry Slaughtering Equipment, Defeathering Equipment, Deboner, Cutting Machine, Evisceration Equipment, tumbling, marinating equipment), application (chicken, turkey, duck processing) in seven major regions.
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Expert analysis, actionable insights and strategic recommendations – Future Market Insights’ Food & Beverage team helps clients around the world meet their unique business intelligence needs. With a repository of over 1,000 reports and over a million data points, the team has insightfully analyzed the agribusiness industry in over 50 countries for more than a decade. The team provides end-to-end research and advisory services; reach out to explore how we can help you.
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