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Meat Processing Equipment Market: Global Forecast until 2022

  • November 2016
  • 136 pages
  • ID: 4397169
In this report:
Italy is expected to have the European blending equipment market's highest CAGR of ##.##% from 2016 to 2022.
Italy is expected to register the European cutting equipment market's highest CAGR of ##.##% from 2016 to 2022.
The processed beef segment is expected to have the highest CAGR of ##.##% during the forecast period and it is projected to reach USD ##,##.## million by 2022.

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"Meat processing equipment market is estimated to rise at a compound annual growth rate of ~7.0 percent"

The meat processing equipment market, estimated at ~$9.6B in 2016, is expected to rise at a compound annual growth rate (CAGR) of ~7.0 percent, to attain ~$14.6B by 2022. The sector is primarily influenced by Elements such as increased demand for processed meat products and growing safety regulations generating the need for sophisticated equipment. The huge growth potential in the APAC and Rest of the World area and untapped areas offer recent growth opportunities for the key market players. One of the main restrain in the rise of the meat processing equipment market is growing cost of raw materials and logistics.

"Smoking equipment segment is expected to grow at quickest Compound annual growth rate"

On the basis of category, the meat processing equipment market was led by the smoking equipment segment, succeeded by filling equipment and tenderizing equipment, respectively. There is an rising trend towards usage of smoking equipment, this is due to its feature to enhance the flavor as well as longevity of the meat product including smoking meats, smoking sausages, and smoked meat.

"Processed beef segment expected to be the quickest increasing sector, during the estimate period"

The processed beef segment is intended to be the fastest-growing segment, during the outlook period. Due to the increasing awareness towards healthiness of eating beef and nutritional benefits of beef consumption, firms are focusing on developing and marketing ready-to-eat beef products that meet consumer nutrition, taste, and food safety needs and thus drives the industry for meat processing equipment sector.

"Asia Pacific (APAC) & Rest of the globe: Important rise projected in the meat processing equipment market"

Asia Pacific (APAC) and Rest of the globe is forecasted to be the quickest developing market for the period considered for this analysis, due to the high adoption rate of meat processing equipment in food processing. China (CN) and Brazil (BR) are anticipated to lead the sector for meat processing equipment in the Asia-Pac and Argentina (AR) and South Africa (ZA) in Rest of the World area for the upcoming five years, as a result of the acquisitions and establishments of meat processing manufacturers, to cater to the needs of the food processing market. The U.S. meat processing equipment market not only dominates North America continent but also the overall market.

• Heat and Control, Incorporated

• Bettcher Sectors, Incorporated

• Equipamientos Cárnicos, S.L.

Segment Research

The document breaks down the meat processing equipment market

On the basis of class, meat type, product class, and area. In terms of insights, this market research has emphasized different levels of analyses-trade study, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape, emerging & high-growth segments of the overall meat processing equipment market, high-growth areas, territories, government actions, drivers, market restraints, and alternatives.

Why acquiring this study can help you:

• To get a comprehensive overview of the meat processing equipment market

• To benefit wide ranging information about the top actors in this market, their service portfolios and top strategies approved by them

• To benefit business insights about the main countries/localities in which the meat processing equipment market is prospering

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