The global electric meat saw market is expected to grow at a CAGR of 5.6% over the forecast period (2022 to 2032). The market value is projected to increase from USD 2,194.9 Million in 2022 to USD 3,784.9 Million by 2032. The electric meat saw market was valued at USD 2,072.1 Million at the end of 2021 and is anticipated to exhibit Y-o-Y growth of 5.2% in 2022.
Attribute | Details |
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Electric Meat Saw Market Size Value in 2022 | USD 2,194.9 Million |
Market Forecast Value in 2032 | USD 3,784.9 Million |
Global Growth Rate (2022 to 2032) | 5.6% CAGR |
Forecast Period | 2022 to 2032 |
Market Share of India in South Asia | 46.3% |
Growth in the market is underpinned by rising awareness about food safety in emerging economies such as India and China. Also, increased demand for processed meat products will boost the market.
Large portions of meat are sliced into smaller, more manageable pieces using electric meat saws. They are primarily utilized in the home kitchen or professional butcher shops and come in floor-standing or countertop varieties.
A floor-standing electric meat saw is a huge, heavy machine that is secured to the floor using bolts. It features a larger cutting area than a countertop type and can handle larger cuts of meat. For butcher shops or restaurants that perform a lot of slaughtering, a floor-standing meat saw is ideal. Although not as widespread in the home kitchen, this style of electric meat saw can be found there.
A countertop electric meat saw is a tiny, lightweight variant that may be used on a workbench or a countertop. It only has a small cutting area and isn't designed to butcher massive cuts of meat. For the home cook who wishes to chop their meat, a countertop electric saw is ideal. Small butcher shops frequently use this style of the saw.
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As per Future Market Insights (FMI), over the past half-decade, the global electric meat saw market witnessed positive growth owing to the growing consumption of non-vegetarian food products across the globe.
According to the UN Food and Agriculture Organization, worldwide meat consumption will increase by more than 1% this year. The fastest growth will be in low- and middle-income countries with increasing meat demand in key meat-producing and exporting economies such as Brazil, China, and India. However, India as a country consumes the least amount of meat but is a major exporter of both meat products and equipment.
Sausages, slicers, hamburgers, and meatballs are just a few examples of processed meat products. The demand for freshly processed meat products is increasing as a result of highly processed dishes such as fried sausages, kebabs, and chicken nuggets.
Hence, surged availability of diverse meat products will increase overall meat consumption. This allows suppliers more opportunities to introduce new commercial electric meat saw models to the market.
Growing Consumption of Meat Products to Boost Electric Meat Saw Sales
According to FMI, sales of electric meat saws in the USA are projected to increase at 7.5% CAGR, accounting for over 71.2% of demand share in North America. Demand for electric meat saws is expected to increase with growing meat-consuming population and growing urbanization. In the USA, replacing or converting to new, more efficient equipment is quick, resulting in increased revenue.
China Electric Meat Saw Market to Benefit from Presence of Commercial Hotels and Slaughterhouses
With the presence of numerous hotels, restaurants, and slaughterhouses, China is considered as one the most lucrative markets for electric meat saws. Sales of electric meat saws are predicted to increase at a CAGR of 8.05% over the forecast period.
This is expected to pave the door for hotels and restaurants to adopt worldwide standard meat slaughtering.
Australia to be the Hotspot for Electric Meat Saw Manufacturers through 2022 & Beyond
The government in Australia is investing extensively into the meat export industry. Reduced regulatory costs and administrative burdens for meat and meat product producers and exporters are creating conducive environment for the Australia electric meat saw market.
As per the study, demand for electric meat saws in Australia is surging at a CAGR of 4.5%, with the market accounting for 62.5% of demand share through 2022.
Countertop Electric Meat Saws to be the Most Preferred Among Foodservice Enterprises
Countertop electric meat saws are expected to dominate the commercial electric meat saws market. Factors like the availability of commercial electric meat saws adapted to the needs of supermarkets and foodservice enterprises.
A countertop electric meat saw is a tiny, lightweight variant that may be used on a workbench or a countertop. It only has a small cutting area and isn't designed to butcher massive cuts of meat. Hence, a countertop electric saw is ideal for residential as well as commercial sectors.
Demand for Electric Meat Saw to Witness a Boom in Slaughterhouses Over the Forecast Period
According to Future Market Insights (FMI), the highest number of slaughterhouses are in China, the USA, and Brazil will fuel the growth in the market. Electric meat saws are becoming increasingly popular in the commercial sector.
This is due to the surge in the demand for processed and packaged foods. Electric meat saws are used to chop huge portions of meat into smaller, more manageable pieces that can be processed or cooked later.
They're also used to make delicacies like roast beef, ham, and turkey in restaurants and hotels. The increasing demand for processed meat products throughout the world has prompted commercial electric meat saw manufacturers to improve their designs to attract more clients.
Adoption of Semi-Automatic Electric Meat Saws to Burgeon Across Commercial Hotels and Restaurants
Since semi-automatic saws are less expensive and can be employed in emerging economies with minimal labour expenses. The saw machine is ideal for cutting meat, bones, poultry, and fish, as well as freezing them.
They're common in hotels, restaurants, food processing plants, and butcher shops. An operator starts the operation and the machine finishes it on semi-automatic equipment. With minimum user involvement, a completely automated system starts and concludes the procedure.
Key players are pursuing a variety of methods, including mergers and acquisitions. Furthermore, numerous significant firms are working on new product launches and development to expand their capacity and get a foothold in the business.
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Attribute | Details |
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Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | USD Million for Value & Unit for Volume |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa |
Key Countries Covered | The USA, Canada, Brazil, Mexico, Chile, Peru, Germany, The UK, France, Spain, Italy, BENELUX, Nordic, Poland, Russia, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, South Africa, North Africa, GCC Countries |
Key Segments Covered | Equipment Type, Sales Channel, Type, Power |
Key Companies Profiled | Hobart; Bizerba; KOLBE; Skyfood Equipment; Minerva Omega Group; BIRO Manufacturing; Wedderburn; Sammic; Marel; Butcher Boy Machines International; Weston; Chbiao; Brice Australia; Others |
Currently, the electric meat saw market is worth more than USD 2,149.9 Million.
Electric meat saw consumption is expected to grow at a CAGR of around 5.6 % during the period 2022 to 2032.
The global electric meat saw market is forecasted to surpass USD 3,784.9 Million by the end of 2032.
Hobart, Bizerba, Weston, Marel, and Grizzly Industrial are expected to be the top players driving the market growth.
Market players are focusing on new product launches, strong electric meat saw distribution channels, and merger and acquisition strategies to remain prominent players in the global market.
The USA, China, Australia, India, and Germany are the major countries driving demand for electric meat saws.
Europe electric meat saw market holds around 16.7% of the total electric meat saw revenue share.
Market Size Value in 2023 | USD 11.85 billion |
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Market Forecast Value in 2033 | USD 22.89 billion |
Growth Rate (2023 to 2033) | 6.8% CAGR |
Market Value 2023 | USD 349.5 billion |
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Market Projected Value (2033) | USD 634.5 billion |
Market CAGR (2023 to 2033) | 6.5% |
Market Value (2022) | USD 17.4 Billion |
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Market Forecast Value (2032) | USD 29.2 Billion |
CAGR (2022 to 2032) | 5.3% |
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