The meat mixers market size is forecast to surpass USD 2.1 Billion in 2022. Expanding at a 7.1% CAGR, the market valuation is set to reach USD 4.2 Billion by 2032.
| Attribute | Details |
|---|---|
| Meat Mixers Market Estimated Size (2022) | USD 2.1 Billion |
| Projected Market Valuation (2032) | USD 4.2 Billion |
| Value-based CAGR (2022 to 2032) | 7.1% |
Meat processing techniques have improved as a result of increasing globalization. Protein consumption has increased among consumers. In addition to this, busy households rely on ready-to-eat meals, which frequently include meat as the main ingredient. This is expected to drive sales of meat mixers in the food processing sector.
Technology has advanced dramatically in recent years, allowing producers to make meat products with lower fat, salt, and additive levels. Simultaneously, animal products can be reformulated to include beneficial plant-based substances such as fibers or omega-3 fatty acids. As a result, the market for meat mixers will benefit from the need for hybrid meat.
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Demand for meat mixers is forecast to increase at a 7.1% CAGR, in comparison to the 6.3% CAGR registered between 2017 to 2021. The number of retail stores has increased dramatically during the previous decade around the world. Factors such as hectic schedules and rising demand for on-the-go snacks and meals will boost sales in the market.
Furthermore, food service providers are increasing their spending on food service equipment such as meat mixers to improve the quality of packaged food products and ready to eat meals. In addition to this, the number of licensed and franchised limited-service restaurants such as McDonald's and Subway is increasing, resulting in high demand for meat processing equipment.
Increasing Demand for Convenience Food in the USA Will Boost Sales of Meat Mixers
Food options that have high nutritional content and fit urban lifestyles are increasingly becoming popular in the USA The "on-the-go" tendency is especially prevalent among millennials, who spend 46% of their food dollars (FMI research) eating out in the USA
Baby boomers, on the other hand, spend 41% of their food budget on eating out. Despite a general slump in the restaurant business, quick-serve restaurants have achieved excellent growth by extending menus and focusing on convenience and price. Menu innovation, store renovations, digital ordering, and delivery are all priorities for leading fast-service restaurants.
Expansion of the Foodservice Sector in China Will Spur Demand for Meat Mixers
In the previous decade, the global processed meat market has risen at an exponential rate, and this trend is anticipated to continue. The market for processed meat is being driven by factors such as rising demand for protein-rich convenience foods and expansion of the foodservice sector in China. This is expected to have a direct impact on sales of meat mixers in China.
Demand for Electric Meat Mixers to Remain High
Based on power type, sales of electric meat mixers will increase at a considerable pace over the forecast period. Any significant industrial kitchen that deals in the preparation of meat packages needs a meat mixer for meat processing. Meat mixers can either be operated manually or electrically.
Sales of Meat Mixers Across Restaurants, Cafes and Food chains to Gain Traction
Interest in different cuisines has been increasing as a result of increased exposure to social media and television shows. Social media has boosted consumers’ interest and love for varied dining experiences. This is altering the face of food tourism, which is gaining popularity globally, particularly among millennials.
Food is now one of the most essential factors for travellers when choosing a destination. Unique cuisine and beverage experiences are becoming more popular among travellers. As a result, the number of food tour companies, food and beverage-themed events, and food and beverage-themed marketing campaigns has expanded worldwide.
Demand for high- and medium-voltage products is being driven by increased renewable energy output and upgrades to existing power infrastructure. Manufacturers and suppliers are working on replacing obsolete foodservice equipment with modern, generally digital, meat mixers to stay competitive.
The long-term expenditures of utilities and maintenance far outweigh the equipment's original purchase price. Purchasing and installing equipment that can costs on annual utility bills is expected to become increasingly popular, fueling demand for contemporary, innovative meat mixers equipment.
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| Attribute | Details |
|---|---|
| Estimated Year Value (2022) | USD 2.1 Billion |
| Projected Market Valuation (2032) | USD 4.2 Billion |
| Value-based CAGR (2022-2032) | 7.1% |
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2022 |
| Market Analysis | USD Billion for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; MEA |
| Key Countries Covered | The USA, Canada, Mexico, Germany, The UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
| Key Segments Covered | Type, Usage, Style, Capacity, Power Type, End Use |
| Key Companies Profiled | Metos; ABM company; Industries Castellvall; Groupe PSV; Industrial Fuerpla; OMET FOODTECH SRL; Storm Engineering; Schroder Maschinenbau GmbH; MAINCA - Equipamientos Carnicos; Swedlinghaus; Cato; Lakidis; METALBUD NOWICKI; VMI; MINERVA OMEGA GROUP; ASGO; Fatosa; VVS Sausage Machines Factory; Unity Engineering; Dadaux SAS; Ari Makina; LEM Products |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The meat mixers market is expected to reach a valuation of USD 2.1 Billion in 2022.
The meat mixers market experienced growth at a 6.3% CAGR between 2017 to 2021.
Expansion of the foodservice sector, along with high demand for nutrient-rich processed food products is expected to drive sales of meat mixers.
Metos, ABM company, Industries Castellvall, Groupe PSV, Industrial Fuerpla, OMET FOODTECH SRL, Storm Engineering, Schroder Maschinenbau GmbH, MAINCA - Equipamientos Carnicos, Swedlinghaus, Cato, Lakidis, METALBUD NOWICKI, VMI, MINERVA OMEGA GROUP, ASGO, Fatosa, VVS Sausage Machines Factory, Unity Engineering, Dadaux SAS, Ari Makina, and LEM Products are the leading players operating in the market.
Demand for electric meat mixers will remain high over the forecast period.
| Estimated Market Size (2024E) | USD 45,449.7 million |
|---|---|
| Projected Market Value (2034F) | USD 82,099.3 million |
| Value-based CAGR (2024 to 2034) | 5.6% |
| Market Value for 2024 | USD 48.58 billion |
|---|---|
| Market Value for 2034 | USD 74.66 billion |
| Market CAGR (2024 to 2034) | 4.4% |
| Market Estimated Size (2022) | USD 2.1 Billion |
|---|---|
| Projected Market Valuation (2032) | USD 4.2 Billion |
| Value-based CAGR (2022 to 2032) | 7.1% |
| Market Estimated Size (2022) | USD 625 Million |
|---|---|
| Market Projected Value (2032) | USD 850 Million |
| Market Value-based CAGR (2022 to 2032) | 5.7% |
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