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Global Meat Processing Equipment Market: By Product Type: Slicing Equipment, Blending Equipment, Dicing Equipment, Grinding Equipment, Others; By Meat Type; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Meat Processing Equipment Market Outlook
The global meat processing equipment market stood at a value of around USD 10.7 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 6% to reach USD 15.4 billion by 2026.
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Increasing Demand for Mutton to Augment the Meat Processing Equipment Industry Growth
Based on meat type, mutton is one of the most prominently consumed meat types in the eastern parts of the globe, namely the Middle East and Africa and the Asia Pacific owing to its natural origin, flavour, and easy availability. Mutton is very popular during festival times. However, its demand has seen a downward trend owing to the outbreak of Scrapie disease in goats and sheep, which affects their nervous system and adversely impacts the meat quality.
The Asia Pacific to Provide Significant Growth Opportunities to the Meat Processing Equipment Industry
Geographically, the application of meat processing equipment is anticipated to increase in the Asia Pacific due to high demand for ready-to-eat food products, stable economic growth, and change in the lifestyle of consumers. During the forecast period, emerging markets, such as India and China, are anticipated to witness a significant increase in demand for meat processing equipment. However, unfavourable government policies such as the Indian government’s ban on beef consumption in some states of the country are anticipated to hamper the trade and consumption of processed beef, thus, affecting the growth of the meat processing equipment industry.
Meat Processing Equipment: Market Segmentation
Meat processing equipment is used to process meat to enhance its shelf life and taste. It helps in converting raw food materials into food items by using various physical and chemical tools. Usually, meat processing equipment is made up of stainless steel. Grinders, chillers, fillers, roasters, cutters, smokers, dicers, tenderisers, blenders, fryers, dryers, mixers, separators, slicers, homogenisers, feeders, and ovens are the various types of meat processing equipment that are available in the market. They find applications in multiple sectors like poultry farms, the dairy industry, the seafood industry, and many more.
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By product type, the market is divided into:
- Slicing Equipment
- Blending Equipment
- Dicing Equipment
- Grinding Equipment
- Massaging and Marinating Equipment
- Smoking Equipment
- Tenderising Equipment
- Others
Based on meat type, the industry can be segmented into:
- Pork
- Mutton
- Beef
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Changing Lifestyle and the Rising Awareness of the Nutritional Value of Meat and Poultry Products to Bolster the Growth of the Global Meat Processing Equipment Industry
Factors behind the growth of the global meat processing equipment industry are changing lifestyle of people, rising consumption of meat and poultry products due to their nutritional value, and the increasing consumer demand for ready-to-eat food products. Moreover, the growing technological advancements in the food and beverage processing industry have positively influenced the market. In addition, the growing focus to enhance meat and poultry processing and adhere to safety regulations implemented by the government are expected to enhance the demand for meat processing equipment in the coming years.
Key Industry Players in the Global Meat Processing Equipment Market
The report gives a detailed analysis of the following key players in the global meat processing equipment market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Key Technology, Inc.
- Minerva Omega Group s.r.l.
- Tomra Systems ASA
- JBT Corporation
- Talsabell S.A.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Meat Type, Region |
| Breakup by Product Type | Slicing Equipment, Blending Equipment, Dicing Equipment, Grinding Equipment, Massaging and Marinating Equipment, Smoking Equipment, Tenderising Equipment, Others |
| Breakup by Meat Type | Pork, Mutton, Beef, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Key Technology, Inc., Minerva Omega Group s.r.l., Tomra Systems ASA, JBT Corporation, Talsabell S.A., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Meat Processing Equipment Market Analysis
8.1 Key Industry Highlights
8.2 Global Meat Processing Equipment Historical Market (2017-2021)
8.3 Global Meat Processing Equipment Market Forecast (2022-2027)
8.4 Global Meat Processing Equipment Market by Product Type
8.4.1 Slicing Equipment
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Blending Equipment
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Dicing Equipment
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Grinding Equipment
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Massaging and Marinating Equipment
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2017-2021)
8.4.5.3 Forecast Trend (2022-2027)
8.4.6 Smoking Equipment
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2017-2021)
8.4.6.3 Forecast Trend (2022-2027)
8.4.7 Tenderising Equipment
8.4.7.1 Market Share
8.4.7.2 Historical Trend (2017-2021)
8.4.7.3 Forecast Trend (2022-2027)
8.4.8 Others
8.5 Global Meat Processing Equipment Market by Meat Type
8.5.1 Pork
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Mutton
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Beef
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Meat Processing Equipment Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Key Technology, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Minerva Omega Group s.r.l.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Tomra Systems ASA
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 JBT Corporation
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Talsabell S.A.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Meat Processing Equipment Market: Key Industry Highlights, 2016 and 2026
2. Global Meat Processing Equipment Historical Market: Breakup by Product (USD Billion), 2017-2021
3. Global Meat Processing Equipment Market Forecast: Breakup by Product (USD Billion), 2022-2027
4. Global Meat Processing Equipment Historical Market: Breakup by Meat Type (USD Billion), 2017-2021
5. Global Meat Processing Equipment Market Forecast: Breakup by Meat Type (USD Billion), 2022-2027
6. Global Meat Processing Equipment Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Meat Processing Equipment Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Meat Processing Equipment Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Meat Processing Equipment Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Meat Processing Equipment Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Meat Processing Equipment Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Meat Processing Equipment Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Meat Processing Equipment Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Meat Processing Equipment Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Meat Processing Equipment Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Meat Processing Equipment Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Meat Processing Equipment Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Meat Processing Equipment Market Structure
Key Questions Answered in the Report
In 2020, the global meat processing equipment market attained a value of nearly USD 10.7 billion.
The market is projected to grow at a CAGR of 6% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 15.4 billion by 2026.
The major drivers of the industry, such as the growing awareness towards product consistency, production quality, and food and employee safety are expected to aid the market growth.
The key market trends guiding the growth of the industry include the change in lifestyle of people and the increasing consumption of ready-to-eat meat/food products.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Slicing equipment, blending equipment, dicing equipment, grinding equipment, massaging and marinating equipment, smoking equipment, tenderising equipment, and others are the significant product types of meat processing equipment in the industry.
Beef, mutton, pork, and others are the significant meat types in the industry.
The major players in the industry are Key Technology, Inc., Minerva Omega Group s.r.l., Tomra Systems ASA, JBT Corporation, Talsabell S.A., and others.
Analyst Review
The global meat processing equipment market attained a value of USD 10.7 billion in 2020, driven by the growing awareness towards product consistency, production quality, and employee and food safety. Aided by the rapid advancements in the food processing sector and the growing demand for ready-to-cook meat products, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6%. The market is projected to reach USD 15.4 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the meat processing equipment industry can be segmented into slicing equipment, blending equipment, dicing equipment, grinding equipment, massaging and marinating equipment, smoking equipment, and tenderising equipment, among others. On the basis of meat type, the industry is divided into beef, mutton, pork, and others. The major regional markets for meat processing equipment are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Key Technology, Inc., Minerva Omega Group s.r.l., Tomra Systems ASA, JBT Corporation, Talsabell S.A., and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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