During the projected period (2023 to 2033), the global meat processing equipment market is expected to grow at a CAGR of 5.2%. The meat processing equipment market is projected to be valued at USD 8,467.0 Million by 2033 and is likely to reach USD 5,100.0 Million in 2023.
Changing customer preferences and way of life are expected to push demand in the global meat processing equipment market. The market is also expanding due to the increasing need for packaged food and processed meat products, as well as rising consumer demand for high food safety.
Based on the unique needs of customers, meat processing equipment is being developed by key manufacturers. These tools are employed to reduce toxins and improve meat consistency. The prevalence of meat-based cultures in many nations continues to increase the demand for meat-processing machinery.
The need for processed meat with a long shelf life and high durability has surged as a result of the increased trade in the field of meat, and this trend is projected to support the meat processing equipment market in the next ten years. However, it is projected that high machine costs may obstruct growth in the forecast period.
Also, the premiumization of meat products, especially in developed countries is expected to propel the global market in the evaluation period. Many start-up firms in emerging economies like India and China are coming up with unique meat products to expand their client base.
In July 2023, for instance, Selina, a renowned experiential hospitality brand, announced its collaboration with the global pioneer of New Meat, Redefine Meat. The partnership is aimed at shifting menus to more plant-based options.
Similarly, in October 2023, Pescafresh, a D2C fresh seafood and meat brand, developed a new distribution hub and processing facility in Mumbai, India for its meats, seafood, eggs, ready-to-eat (RTE), and ready-to-cook (RTC) processing operations.
Increasing demand for plant-based meat owing to the rapid adoption of veganism in both developed and developing countries are expected to foster sales of meat processing equipment in the next ten years. Licious, in October 2023, entered the plant-based meat segment in India by unveiling UnCrave, its first portfolio brand. It contains protein-rich vegetarian seekh kebabs. The ready-to-cook products are free of monosodium glutamate (MSG), trans fat, and artificial preservatives.
In December 2021, ITC Ltd. declared that it will soon introduce a range of plant-based meat products in anticipation of the surging demand for vegan meals and meat substitutes in India. The company also aims to launch these products by keeping in mind rising consumer awareness about the environment, animal welfare, and health.
Attributes | Key Insights |
---|---|
Global Meat Processing Equipment Market Estimated Size (2023E) | USD 5,100.0 Million |
Projected Market Valuation (2033F) | USD 8,467.0 Million |
Value-based CAGR (2023 to 2033) | 5.2% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
As per FMI, the global meat processing equipment market exhibited considerable growth at a CAGR of 4.3% in the historical period from 2017 to 2021. Rising food security concerns are anticipated to push growth in the global market. High disposable income, rapid urbanization, and the busy lifestyles of consumers have positively influenced sales of processed meats.
This, combined with the rising premiumization of meat items and expanding purchaser admittance to coordinated retail locations like grocery stores, is fortifying the market development. Besides, key players are significantly putting their resources into the development of new processing technologies. They are also aiming to automate meat processing hardware solutions with an inbuilt sensor framework to hold a strategic advantage in the business.
They are likewise engaging in essential acquisitions and mergers for expanding their production volume and broadening their distribution channels. Apart from that, increasing demand for protein-rich food items like meat with rising awareness about the benefits of consuming such food items is expected to boost the global meat processing equipment market in the assessment period.
Meat Processors like Tyson Foods are Investing in Advanced Meat Cutting Machines in the USA
The meat processing equipment market in the USA is set to exhibit growth at a CAGR of 68% during the forecast period, says FMI. Increasing investments by key meat processing companies in automating their facilities and burgeoning demand for processed meat are expected to drive the USA market. Besides, the presence of various reputed meat processing companies such as JBS USA, Tyson Foods, and Cargill Meat Solutions Corp. is another vital factor that would push the USA market.
High Production of Beef in the UK to Push the Demand for Slaughtering Machines
The UK meat processing equipment market is projected to showcase steady growth throughout the forecast period, finds FMI. As to the UK Government, veal and beef production was 74,000 tons, which is 1.2% higher than that in May 2020. Also, prime cattle (young bulls, heifers, and steers) slaughtering were down 2.0% at 165,000 head in May 2021. These numbers are projected to grow at a fast pace in the next ten years, thereby augmenting sales of meat processing equipment in the UK
High Demand for Ready-to-eat Food in India to Drive Sales of Butcher Equipment
In India, the adoption of meat processing equipment is anticipated to surge owing to rising demand for ready-to-eat food products, stable economic growth, and changing lifestyles of consumers. The Indian government is also expected to put forward favorable norms to support the manufacturing of processed food items, which is expected to push the trade of processed meat.
Vee Tech International, Cactus Profiles Pvt. Ltd, Dr. Froeb Pvt. Ltd, JD Engineering, ATS Food Equipment India Pvt. Ltd, Bresco India, BSA India Food Ingredients Pvt. Ltd, A.S. Engineers, Sunniva Engineering, Chishtiya Poultry Services, Marine Industrial Machines, Deepak Engineers, and Vinod Industries are some of the leading companies in the India meat processing equipment market in India.
Meat Grinding Equipment to Showcase Lucrative Growth by the End of 2033
Based on product type, the grinding equipment segment is anticipated to remain at the forefront in terms of share in the global meat processing equipment market. Grinding equipment is mainly used to grind large pieces of tenderized meat into smaller pieces. Some of the commonly used grinders are utilized to separate connective tissues and bone pieces such as tendons from the muscle meat. Increasing the use of grinding equipment for processing various products such as hamburgers, sausages, and minced meat is expected to drive the segment.
The global meat processing equipment market is highly fragmented and competitive due to the presence of several local and regional companies. Key players are adopting a wide range of marketing strategies such as partnerships, expansions, mergers & acquisitions, and collaborations.
Some of the leading companies operating in the meat processing equipment market are GEA Group, BT Corporation, Marel, Illinois Tools Work, The Middleby Corporation, Bettcher Industries, Equipamientos Carnicos, Biro Manufacturing Company, Braher, RZPO, Bizerba, Riopel Industries, Minerva Omega Group, Risco, Millard Manufacturing Corporation, Apache Stainless Equipment Corporation, Gee Gee Foods & Packaging, PSS Svidnik, Ross Industries Inc., and Metalbud Nowicki among others.
Don’t Be a Jerky Manufacturer: Go for The Best Meat Processing Equipment from Duravant, Prime Equipment Group, And BAADER
The meat processing equipment industry is booming. As more people are interested in healthy living, more companies are turning to meat processing equipment for their benefit. Not only do these machines save food from going to waste, but they also provide a healthier option for consumers. Companies like Duravant, Prime Equipment Group, and BADDER provide superior meat processing equipment to meet end-user needs.
Duravant is a global producer and manufacturer of engineered equipment for the food processing, packaging, and material handling sectors. The business is divided into three divisions: food processing, packaging machinery, and material handling.
Duravant's Food Processing sector goods are mostly utilized in the processing of pig, beef, and poultry products for large food corporations and are classified into three key categories: pumps, fillers/dicers, and heat equipment.
The Packaging Machinery segment's product line includes components and systems for filling, closing, weighing, and handling open-mouth bags. The business operates internationally under the Fischbein brand name, offering a variety of products ranging from manual to semi-automated to fully automated equipment. These items are used in a wide range of end-use sectors, including agriculture, food, pet food, chemicals, and construction materials.
In April 2021, Duravant LLC announced the signing of a definitive agreement to acquire Foodmate, a leading manufacturer of poultry processing equipment with offices in Ball Ground, Georgia, and Numansdorp, the Netherlands. Foodmate's automated secondary processing systems for chicken are widely regarded as the industry's gold standard.
Another leading player, Prime Equipment Group, Inc. is a poultry processing equipment manufacturer established in the USA that has won the industry's confidence for more than two decades by providing creative, dependable, and hard-working solutions for practically every point on the contemporary processing line.
In June 2019, JBT Corporation, a global technology solutions supplier to high-value areas of the food and beverage industry, announced the completion of its purchase of Prime Equipment Group, Inc.
BAADER Group is a globally recognized producer and provider of high-quality food processing machinery and solutions for the fish, poultry, meat, fruit, and vegetable processing industries. From the handling of live and raw protein sources to the completed food products, the firm designs and engineers unique and holistic solutions that provide intelligent, safe, efficient, and sustainable food processing in all phases.
In April 2021, BAADER announced the introduction of the new BAADER 608 machine, which is the most powerful and biggest member of the BAADERING technology machine family. This machine is the most innovative and sanitary of its kind due to its upgraded design. It establishes new norms for food quality, value generation, process dependability, and user-friendliness.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 5,100.0 Million |
Projected Market Valuation (2033) | USD 8,467.0 Million |
Value-based CAGR (2023 to 2033) | 5.2% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | Value (USD Million) |
Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa (MEA) |
Key Countries Covered | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Segments Covered | Product Type, Application, Automation, Meat Type, Region |
Key Companies Profiled | Duravant; Prime Equipment Group, Inc.; BAADER; BANSS; Stephan Machinery GmbH; GEA Group; BT Corporation; Marel; Illinois Tools Work; The Middleby Corporation; Bettcher Industries; Equipamientos Carnicos; Biro Manufacturing Company; Braher; RZPO; Bizerba; Riopel Industries; Minerva Omega Group; Risco; Millard Manufacturing Corporation; Apache Stainless Equipment Corporation; Gee Foods & Packaging; PSS Svidnik; Ross Industries Inc; Metalbud Nowicki |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The meat processing equipment market size is expected to reach a valuation of USD 5,100.0 Million by 2023.
The meat processing equipment market is expected to rise at a CAGR of 5.2% in the forecast period.
The North America meat processing equipment market is expected to register a 38% CAGR between 2023 and 2033.
The USA, China, Canada, Germany, and Mexico are the major countries driving demand in the meat processing equipment market.
The China meat processing equipment market is projected to grow at a CAGR of around 32% over the next ten years.
The Europe meat processing equipment market is expected to grow at 40% CAGR between 2023 and 2033.
Duravant, Prime Equipment Group, Inc., BAADER, BANSS, and Stephan Machinery GmbH are expected to be the top players driving the meat processing equipment market.
The global meat processing equipment market is expected to surpass USD 8,467.0 Million by the end of 2033.
1. Executive Summary | Meat Processing Equipment Market 2. Market Overview 3. Market Background 4. Global Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product 5.1. Cutting Equipment 5.2. Blending Equipment 5.3. Tenderizing Equipment 5.4. Filling Equipment 5.5. Slicing Equipment 5.6. Grinding Equipment 5.7. Smoking Equipment 5.8. Massaging Equipment 6. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Fresh Processed Meat 6.2. Raw Cooked Meat 6.3. Precooked Meat 6.4. Raw Fermented Sausage 6.5. Cured Meat 6.6. Dried Meat 6.7. Catering 6.8. Meat Shop 6.9. Hotel 6.10. Restaurant 6.11. Meat Processing Value (USD Million) & Volume (MT) 6.12. Poultry Industries 7. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Meat type 7.1. Processed Pork 7.2. Processed Beef 7.3. Processed Mutton 8. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Automation 8.1. Automatic 8.2. Semi-Automatic 9. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. East Asia 9.5. South Asia 9.6. Oceania 9.7. MEA 10. North America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. South Asia Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Oceania Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. MEA Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 17. Key Countries Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. Duravant 19.2. Prime Equipment Group, Inc. 19.3. BAADER 19.4. BANSS 19.5. Stephan Machinery GmbH 19.6. GEA Group 19.7. BT Corporation 19.8. Marel 19.9. Illinois Tools Work 19.10. The Middleby Corporation 19.11. Bettcher Industries 19.12. Equipamientos Carnicos 19.13. Biro Manufacturing Company 19.14. Braher 19.15. RZPO 19.16. Bizerba 19.17. Riopel Industries 19.18. Minerva Omega Group 19.19. Risco 19.20. Millard Manufacturing Corporation 20. Assumptions & Acronyms Used 21. Research Methodology
Explore Process Automation Insights
View Reports