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Poultry Processing Equipment Market by Type , Equipment Type , Product Type, & by Region - Global Forecast to 2020

Poultry Processing Equipment Market: Global Forecast until 2020

  • April 2016
  • 159 pages
  • ID: 3793817
In this report:
Raw-cooked processed poultry meat held a market share of ##.##% in 2014 with USD ##.## million and is expected to reach USD ##.## million by 2020, growing at a CAGR of ##.##% during the forecast period.
The processed duck meat segment was valued at USD ##.## million in 2014 and is expected to reach USD ##.## million by 2020, growing at a CAGR of ##.##% during the forecast period.

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"Poultry processing equipment market is estimated to rise at a compound annual growth rate of 4.70 percent"

The poultry processing equipment market is estimated to grow ~$3.8B by 2020, at a compound annual growth rate (CAGR) of 4.70 percent between 2015 and 2022. The industry is further driven by Elements such as increased consumption of processed food, the government support for the use of equipment in developing countries, the market demand for food safety, safety of workers, environment and sustainability, the presence of small and medium enterprises in developing countries, increasing raw material costs, and international trade rules.

"Killing & de-feathering equipment recorded for the largest part of market share in 2014"

Killing & de-feathering dominated the poultry processing equipment market among other equipment. This industry is expected to increase at the maximal compound annual growth rate (CAGR) between 2015 and 2022. Due to the high cost of equipment and increase in automation, this sector captured the biggest market share in 2014, in terms of value importance.

"Chicken led the sector with the biggest share in 2014"

Established on poultry type, the poultry processing equipment market is led by chicken, succeeded by duck. Chicken consumption is increasing faster than other meat as it takes less consumption of feed to produce a kilo of chicken than the equal quantity of pork or beef. Different religious boundaries also play a main role towards the restriction of beef and pork consumption around the globe, which is not applicable for poultry meat. The chicken segment is expected to rise at the highest CAGR (Compound annual growth rate) between 2015 and 2022.

"Fresh processed food controled the poultry processing equipment market"

On the basis of product type, fresh processed food captured the main market share in poultry processing equipment in 2014 and it is expected to grow at the highest compound annual growth rate (CAGR) between 2015 and 2022. Globalization, increase in demand for processed food, and change in life styles are the factors that lead to the rise of this market.

"China (CN) provides the more important market share for the Asia Pacific (APAC) area"

The Asian-Pacific area, which comprises countries including China (CN), Japan (JP), India (IN), Thailand (TH), and Vietnam (VN) has shown an increment in the consumption rate of meat. Economic increase and the shift of preferences of consumers towards value added food led the market increase. As observed over the last decade, the industry demand for animal protein in these countries has rised.

Given below is breakdown of the primaries on the basis of company, description, and area, conducted during the business research study.

-By Company Type: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent and Tier 3 - 20.0 percent

-By Designation: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

-By Region: North america (NA) - 30.0 percent, Europe - 20.0 percent, APAC - 45.0 percent, RoW - 5.0 percent

The poultry processing equipment market is leaded by, is monopolized by leading players including Marel HF, Key Technology, Incorporated, John Bean Technologies Corporation, CTB, Incorporated, Baader Food Processing Machinery, Incorporated, Brower Equipment, Bayle S.A., CG Manufacturing and Distribution Limited, and Prime Equipment Group, Incorporated.

Why acquiring this study can help you:

- To get a comprehensive overview of the overall poultry processing equipment market

- To benefit wide ranging information about the top actors in this market, their products review, and top strategies approved by them

- To benefit insights of the main countries/localities in which the poultry processing equipment market is prospering

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