According to the latest research by SkyQuest Technology, the Global Poultry Processing Equipment Market was valued at USD 3.94 Billion in 2021, and it is expected to reach USD 5.58 Billion by 2028, with a CAGR of 5.10 % during the forecast period of 2022 – 2028. The research provides up-to-date poultry processing equipment market analysis of the current market landscape, latest trends, drivers, and overall market environment.
The global market for chicken meat processing equipment is predicted to expand at a faster rate, due to rising consumer demand for high-protein diets and technological improvements in food processing equipment. With fast changes in consumer food tastes and increased health concerns, the market for processed poultry meat has exploded, resulting in high-protein, low-fat diets. Meat processing equipment has become increasingly important in the meat manufacturing process as a result. Various advancements in meat processing processes are also projected to contribute to global market expansion.
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The poultry processing equipment market is divided into fresh processed, raw cooked, pre-cooked, raw fermented sausages, cured, dried, and other product types. In 2014, the global market was led by the fresh processed category. Fresh-processed chicken meat products are manufactured by combining varied amounts of animal fat with processed and packaged poultry meat and poultry body parts. These items are primarily used as savoury and are simple to prepare; this characteristic makes the product more appealing to consumers, accelerating market growth. Patties and kebabs, for example, are goods that fall under this category.
Report Findings
● Drivers- Fast food and restaurant businesses are expanding. Strict safety rules necessitate the use of advanced equipment. Processors of poultry must upgrade and purchase new equipment.
Increased consumer awareness of the nutritional value of chicken products is expected to propel the poultry processing equipment market forward throughout the forecast period.d
● Restraint- The poultry processing equipment market is being held back by rising raw material and logistical costs, as well as increased capital expenditure. Steel, composite materials, and plastic, among other materials, are used as raw materials in the production of food processing equipment. The cost of these basic resources is rising all the time. As a result, market expansion is hampered. However, manufacturers’ reluctance to commit large sums of money is preventing the market from expanding.
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What does this Report Deliver?
● Market Estimation for 20+ Countries
● Poultry Processing Equipment Market demand by Region, Sub-Region, and Country
● Customization on Segments, Regions, and Company Profiles
● 100+ tables, 150+ Figures
● Global, Regional and Country specific Poultry Processing Equipment Market Trends
● Comprehensive Mapping of Poultry Processing Equipment Parameters
● Attractive Investment Proposition in the Global Poultry Processing Equipment Industry
● Competitive Strategies Adopted by Poultry Processing Equipment Market Key Players
● Drivers, Restraints, Opportunities, Challenges and the impact on the Poultry Processing Equipment.
Key Players in the Global Poultry Processing Equipment Market
● Lamb Weston Holdings Inc. (US)
● Marel HF (Iceland)
● Key Technology Inc. (US)
● John Bean Technologies Corporation (US)
● CTB Inc. (US)
● Baader Food Processing Machinery Inc. (US)
● Brower Equipment (US)
● Bayle S.A. (France)
● Prime Equipment Group Inc. (US)
● CG Manufacturing & Distribution Limited (Canada)
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