The Poultry Processing Equipment Market is projected to reach USD 5.20 billion by 2028, at a CAGR of 4.3% between 2018 and 2028. According to Quince Market Insights, the global poultry processing market is witnessing significant growth, owing to the increasing demand for processed food and the changing lifestyle of consumers. Poultry processing equipment is used for converting live poultry to raw poultry products that are considered suitable for human consumption. Numerous other developments in meat processing techniques can be determinants in the growth of the global market for poultry processing equipment. Moreover, mechanization in the meat production method has led to a decline in labor cost, and improvement in the quality and safety of the meat.
Customer preferences for instant ready-to-eat and suitable protein packaging foods due to inordinate lifestyle, increasing demand for custom fillets, a specific portion of meat from fine dining restaurants and hotels, stringent regulations, and subsidiary imposed by governments are other factors supporting the growth of the poultry processing equipment market. However, in developing countries, a major part of the populace cannot afford meat processing equipment; this is limiting the growth of the global poultry processing equipment market.
Asia Pacific is emerging as the most promising market for poultry processing equipment
The poultry processing equipment market in the Asia Pacific region is growing at a high rate, owing to changing lifestyle and higher purchasing power of consumers. However, in some places, people operate local poultry operations on a small scale and use manual processing techniques.
This market in North America and Europe is growing due to the increasing consumption of processed food in the region.
Major companies operating in the global poultry processing equipment market are GEA Food Solutions, Manitowoc, Marelhf, Tool Works, Cargill Inc, Baader Food Processing Machinery, Key Technology Inc, Waltons Co., Prime Equipment Group Inc., Key Technology, Inc., Marel HF, Brower Equipment, John Bean Technologies Corporation, Tetra Laval International, Bettcher Industries, Bayle S.A., and CTB Inc.
Poultry Processing Equipment Market Scope:
By Poultry Type:
By Equipment Type:
By Product Type:
Detailed scope covering all the major segments in the market
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