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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Meat Processing Equipment Market Outlook

The global meat processing equipment market stood at a value of around USD 12.74 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.2% to reach USD 21.84 billion by 2032.

Global Meat Processing Equipment Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 12.74
Market Size 2032 USD Billion 21.84
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 6.2%
CAGR 2024-2032 - Market by Region Asia Pacific 7.0%
CAGR 2024-2032 - Market by Country India 8.0%
CAGR 2024-2032 - Market by Country Brazil 7.3%
CAGR 2024-2032 - Market by Meat Type Mutton 6.9%
CAGR 2024-2032 - Market by Product Type Smoking Equipment 7.1%
Market Share by Country 2023 Brazil 2.7%

Global Meat Processing Equipment Market

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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.

Global Meat Processing Equipment Market by Segment

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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.

CAGR 2024-2032 - Market by Country
India 8.0%
Brazil 7.3%
China 6.7%
USA 5.8%
Saudi Arabia 5.6%
Canada XX%
UK 5.5%
Germany XX%
Italy XX%
Japan XX%
Australia XX%
Mexico XX%
France 5.0%

Global Meat Processing Equipment Market by Region

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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.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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
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Meat Processing Equipment Market Report Snapshots

Meat Processing Equipment Market Size

Meat Processing Equipment Market Growth

Meat Processing Equipment Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market attained a value of approximately USD 12.74 billion.

The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 21.84 billion by 2032.          

The major drivers of the market include the rising awareness towards consistency of meat products, increasing importance of production quality, and food and employee safety, and the rising investment in food processing machinery.

The key trends guiding the growth of the market include the changing lifestyles of people and the increasing consumption of ready-to-eat meat/food products.

The major regions in the market 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, among others are the various products of meat processing equipment in the market.

Beef, mutton, pork, and others are the significant meat types in the industry.

The key players in the global meat processing equipment market are Key Technology, Inc., Minerva Omega Group s.r.l., Tomra Systems ASA, JBT Corporation, Talsabell S.A., among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124