Increasing meat demand owing to rising population and disposable income among general are expected to drive global meat processing equipment market over the forecast period. Meat processing equipment is commonly used to convert raw ingredients into ready to eat meat or in other meat forms as demanded by the global consumer base. Meat processing equipment also helps in increasing meat consistency, toxin removal, making distribution task simpler and meat preservation. High degree of portability coupled with enhanced taste, increase lifespan, ease in portability, reduced meat borne disease risk are some processed meat advantages on account of which global meat processing market is expected to grow over the forecast period.
Meat processing equipment design is based on the specific end users requirements and enables to fulfill customized needs of population. Rising protein rich food demand, government supports, food safety generating needs, developing population & living standards are the various factors which are expected to augment global meat processing equipment market in coming years. Propelling global meat demand coupled with rising rural income level are expected to directly affect the meat processing equipment market over the forecast period. Global meat processing equipment market is predicted to witness vast growth owing to rise in processed food demand and consumer fondness for protein rich food along with ease in availability Food culture is the major factor which is expected to affect the meat processing equipment market globally. Developing regions are expected to establish as the major opportunities for global meat processing equipment market. Fragmented market nature coupled with lack of trained manpower availability in developing countries and high meat processing equipment cost are expected to obstruct global meat processing equipment market growth in the coming years.
Global meat processing equipment is segmented on the basis of types, equipment types and product types. The type segment is further categorized into processed mutton, processed beef, processed pork and other processed meat whereas product types is sub segmented in dried meat, pre-cooked meat, fresh-processed meat, cured meat, raw-fermented sausages and raw-cooked meat. Equipment type segment includes cutting equipment, massaging machine, dicing equipment, tenderizing equipment, grinding equipment, blending equipment, filling equipment and smoking equipment which are the major product set used for meat processing. Product type demand varies from countries to countries and end users to end users.
North America was holding major share in global meat processing equipment market followed by Asia Pacific. Asia Pacific region is expected the fastest and largest growing meat processing equipment market over the projection period. China emerged as the largest meat producer and is predicted to attract meat processing equipment market in coming years. Owing to increase in demand from emerging countries including India, China and Japan coupled with rising population and increasing income level, Asia Pacific is expected to witness high meat processing equipment market demand over the forecast period.
Global meat processing equipment market is highly fragmented in nature. Major global meat processing equipment market share is covered by Cargill Inc. and Tyson Foods Inc. Key meat processing equipment market players are Illinois Tool Works, GEA Group AG, Tomra Systems ASA, Marel hf, Bettcher Industries Inc., Cherkizovo Group, Tyson Foods Inc., Sanderson Farms Inc., Key Technology Inc., Manitowoc, Weber GmbH, Tonnies Fleisch, John Bean Technologies Corp., Vion Group, Tool Works Inc., Shuanghui International, Tetra Laval International SA, Hormel Foods, Cargill Inc., Nippon Meat Packers Inc., Tyson Foods Inc., and Middleby Corporation. Companies are expected to focus on Asia Pacific regions by opting various strategies such as mergers, collaboration and joint ventures owing to fragmented market nature in order to increase their market share and market volume across the globe. Companies are also selecting various technologies to meet customer’s requirement, increase plant efficiency and enhance product quality. Various companies are also expected to introduce high-end processing equipment in order to strengthen their global market network over the forecast period.
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