The global Meat Processing Equipment market size is expected to be worth around US$ 18.05 billion by 2028, according to a new report by Vision Research Reports.
The global Meat Processing Equipment market size was valued at US$ 11.31 billion in 2020 and is anticipated to grow at a CAGR of 6.02% during forecast period 2021 to 2028.
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Meat Processing Equipment Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028 – Breakdown Data by Regions, Type, Manufacturers and Applications
The stringent regulations on selling, transportation, and trading of processed and semi-processed meat products are expected to drive the market for meat processing equipment.
The global market is driven by significant investments by large market players in the development of fully automated and integrated machines that can perform multiple functions involved in meat processing in one place to save on transfer costs and maintain proper hygiene.
An increase in demand for packaged processed and semi-processed meat products in countries, such as China, the U.S., India, the U.K., and Germany, is expected to drive the market for meat processing industries. As per the reports published by the U.S. FDA, over 50 million tons of meat is produced each year in the U.S., thus generating demand for meat processing equipment.
Slicing equipment led the market and accounted for a 24.9% share of the global revenue in 2020. Slicing equipment can be integrated with other equipment involved in meat processing, such as weighing machines and tray feeders, which helps in reducing the manual weighing and arrangement practices of sliced products, resulting in improved hygiene of meat.
Dicing equipment is used for producing controlled size cubes, slices, flakes, and strips of fresh, and slightly frozen types of meat. The dicing equipment is generally differentiated by overall operation time, the number of blades, and speed. Due to the global rise in the hospitality industry and the growing trend of barbeque restaurants, the demand for dicing equipment is expected to grow over the forecast period.
Blending equipment is estimated to expand at a CAGR of 5.7% from 2020 to 2027. Their demand is increasing owing to the rapidly growing trend for blended meat patties in burgers and usage of blended meat in making tacos, sausages, meatloaves, and meatballs. Blending equipment is generally used for mixing meat and non-meat ingredients and maintaining the uniformity of the product.
The demand for grinding equipment is expected to witness growth owing to the rising demand for patties, sausages, and pies mixed with spices and other ingredients in fast food restaurant chains. Companies are investing significantly in developing grinding machines with varying speeds and blade sizes for numerous applications, thereby augmenting the segment growth.
Pork led the market and accounted for 44.10% share of the global revenue in 2020. The primary reason for the high demand for pork, despite the religious restriction on its consumption in various parts of the world, is that pork is free of Bovine Spongiform Encephalopathy (BSE) or mad cow disease, which lowers the protein quality in the meat. The demand for processing equipment is high for pork processing due to its tough texture.
Mutton is one of the most prominently consumed meat types in the eastern parts of the globe, namely Asia Pacific and the Middle East and Africa, owing to its flavor, natural origin, and easy availability. This type of meat is very popular during festival times. However, its demand has seen a downwards trend owing to the outbreak of Scrapie disease in sheep and goats, which affects their nervous system and negatively affects meat quality.
Beef-based meat is estimated to expand at a CAGR of 5.10% from 2020 to 2027. Beef is one of the most preferred types of red meat owing to its firm texture and intensive flavor. Beef is considered to be an important part of the diet of the western world as it is high in proteins. Common beef processing technologies include chopping, seasoning, mixing/tumbling, casing, and smoking.
Other meat types include venison, horse meat, hare meat, and moose. The consumption of these meat types is primarily based on consumer preferences. For instance, horse meat is usually eaten by high-income class people, whereas rabbit meat is consumed due to its high protein content with low fats. The demand for processing equipment in these meat types is distributed among different regions across the globe.
North America led the market and accounted for a 39.9% share of the global revenue in 2020. The rising demand for meat processing equipment in the region is attributed to the high level of automation used in the food processing industry. In addition, meat is one of the most important parts of the meal in the region owing to its high protein content.
The market in Europe is expected to be driven by the rising awareness about benefits associated with meat products, such as high protein content and immunity-boosting ability. Moreover, innovations in the food processing industry, such as integrating all process equipment into one to minimize human effort and increase hygiene levels, are further anticipated to spur market growth.
Asia Pacific is expected to expand at the fastest CAGR of 6.10% over the forecast period on account of the growing population, with varying income levels and cultural diversions. In addition, rising investments by western countries in the region for opening fast-food outlets have increased the demand for meat processing equipment, advanced the production levels, and decreased the processing times.
- Mepaco Group
- Minerva Omega Group s.r.l
- Tomra Systems ASA
- JBT Corporation
- Talsabell S.A.
- Nemco Food Equipment, LTD.
- Middleby Corporation
- Product Outlook
- Slicing Equipment
- Blending Equipment
- Dicing Equipment
- Grinding Equipment
- Massaging & Marinating Equipment
- Smoking Equipment
- Tenderizing Equipment
- Meat Type Outlook
- Regional Outlook
- North America
- Asia Pacific
- New Zealand
- Central & South America
- Middle East & Africa
- South Africa
- North America
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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