PUBLISHER: DataM Intelligence | PRODUCT CODE: 1272781
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1272781
Global Slaughtering Equipment Market - 2023-2030
Market Overview
The Global Slaughtering Equipment Market reached US$ 7.9 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 12.1 billion by 2030. The market is growing at a CAGR of 5.3% during the forecast period 2023-2030.
The slaughtering equipment market is an integral part of the global meat processing industry, which has seen consistent growth over the past decade due to the increasing demand for meat products. Food safety regulations are becoming more stringent and this is driving the demand for equipment that ensures safe and hygienic slaughtering processes. Overall, the slaughtering equipment market is expected to continue to grow as the demand for meat products increases globally.
Market Dynamics
Rising Demand for Processed Meat is the Key to the Growth of the Slaughtering Equipment Market
The rising demand for processed meat is a significant factor contributing to the slaughtering equipment market growth. According to USDA, people consumed 227 pounds of poultry, beef and pork on average in 2022, despite rising prices for all meat. Consumers are increasingly seeking convenient and ready-to-eat meat products, such as sausages, hot dogs and deli meats, which require extensive processing. As a result, meat processors are investing in advanced slaughtering processing equipment that can process larger volumes of meat in a shorter period, thereby meeting the growing demand.
The Shifting Preference for Vegetarian Food Hamper the Growth of the Slaughtering Equipment Market
The shifting preference for vegetarian food can have a significant impact on the slaughtering market. As per Deals On Health, across the world, there are reportedly 1.5 billion vegetarians. As more people choose to adopt a vegetarian or vegan lifestyle, there may be a decrease in the demand for meat and poultry products, which could result in a decline in the sales of slaughtering equipment. Overall, the shifting preference for vegetarian food can have a significant impact on the slaughtering market growth.
COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
COVID-19 Impact
The COVID-19 pandemic had an impact on meat supply chains, production and prices. Because of lockdown limitations and consumers' diminished spending ability, both the supply and demand for meat were greatly reduced. At beef slaughterhouses in the United States, the output capacity loss ranged from 25 to 43 percent. Hence, COVID-19 has interrupted the global supply chain for slaughtering equipment.
Russia-Ukaraine Impact
The conflict between Russia and Ukraine has caused increased slaughtering equipment market volatility. According to the Ukrainian Agribusiness Club (UCAB), around 15% of livestock have been lost as a result of the conflict. In Ukraine, poultry has the largest meat market. With a share of 2.2% in the world's meat trade, Ukraine is the eighth-largest exporter of chicken meat. The Russian invasion and direct attacks on the facilities and warehouses used to produce chicken have now resulted in significant losses being reported by Ukrainian poultry enterprises.
Segment Analysis
The global slaughtering equipment market is segmented based on form, species, ingredient and region.
The Crucial Role of the Killing Segment in the Slaughtering Process
The slaughtering equipment market based on the equipment type is divided into stunning, killing, cut-up, deboning, skinning & trimming, evisceration and others. In 2022 the killing segment had the highest share of the market. The killing equipment segment, which includes various tools and machines used to stun or kill animals, is a crucial part of the slaughtering process. Using appropriate killing processing equipment can also help maintain hygiene standards in the processing facility by reducing the risk of contamination from fecal matter or other bodily fluids.
Geographical Analysis
Increasing Awareness Regarding Meat Products in the Asia-Pacific Region
In 2022, Asia Pacific had a significant share in the slaughtering equipment market owing to the high population growth, the rise in meat consumption and an increase in awareness regarding meat products. The largest consumer of meat is China.
Chinese consumers consumed about 100 million tonnes of meat in 2021 which is 27% of global consumption. The APAC region is witnessing a high use of meat and meat-based products primarily from the urban areas and this is driving the market for processed meat which in turn is boosting the demand for slaughtering equipment.
Competitive Landscape
The major global players in the market include Marel, BAD-DER Group, BAYLE SA, Prime Equipment Group, CTB, Brower Equipment, Jarvis Equipment, Industries Riopel, Asena and Dhopeshwar Engineering Private Limited.
Why Purchase the Report?
- To visualize the global Slaughtering Equipment market segmentation based on equipment type, livestock, process type, automation and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of slaughtering equipment market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The Global Slaughtering Equipment Market Report Would Provide Approximately 69 Tables, 71 Figures and 200 Pages.
Target Audience 2023
- Manufacturers / Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
Table of Contents
1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
- 3.1. Snippet by Equipment Type
- 3.2. Snippet by Livestock
- 3.3. Snippet by Process Type
- 3.4. Snippet by Automation
- 3.5. Snippet by Region
4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Rising demand for processed meat
- 4.1.2. Restraints
- 4.1.2.1. The shifting preference for vegetarian food
- 4.1.3. Opportunity
- 4.1.3.1. Increasing demand for animal-rich protein
- 4.1.4. Impact Analysis
- 4.1.1. Drivers
5. Industry Analysis
- 5.1. Porter's Five Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Before COVID-19 Scenario
- 6.1.2. Present COVID-19 Scenario
- 6.1.3. Post COVID-19 or Future Scenario
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During the Pandemic
- 6.5. Manufacturers' Strategic Initiatives
- 6.6. Conclusion
7. By Equipment Type
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Equipment Type
- 7.1.2. Market Attractiveness Index, By Equipment Type
- 7.2. Stunning*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Killing
- 7.4. Cut-Up
- 7.5. Deboning
- 7.6. Skinning & Trimming
- 7.7. Evisceration
- 7.8. Others
8. By Livestock
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 8.1.2. Market Attractiveness Index, By Livestock
- 8.2. Poultry*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Bovine
- 8.4. Swine
- 8.5. Seafood
- 8.6. Others
9. By Process Type
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Process Type
- 9.1.2. Market Attractiveness Index, By Process Type
- 9.2. Line Slaughter*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Batch Slaughter
- 9.4. Small-Sized Slaughter
10. By Automation
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation
- 10.1.2. Market Attractiveness Index, By Automation
- 10.2. Semi-Automated Line*
- 10.2.1. Introduction
- 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3. Fully Automated Line
11. By Region
- 11.1. Introduction
- 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 11.1.2. Market Attractiveness Index, By Region
- 11.2. North America
- 11.2.1. Introduction
- 11.2.2. Key Region-Specific Dynamics
- 11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Equipment Type
- 11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Process Type
- 11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation
- 11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.2.7.1. The U.S.
- 11.2.7.2. Canada
- 11.2.7.3. Mexico
- 11.3. Europe
- 11.3.1. Introduction
- 11.3.2. Key Region-Specific Dynamics
- 11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Equipment Type
- 11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Process Type
- 11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation
- 11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.3.7.1. Germany
- 11.3.7.2. UK
- 11.3.7.3. France
- 11.3.7.4. Italy
- 11.3.7.5. Spain
- 11.3.7.6. Rest of Europe
- 11.4. South America
- 11.4.1. Introduction
- 11.4.2. Key Region-Specific Dynamics
- 11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Equipment Type
- 11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Process Type
- 11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation
- 11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.4.7.1. Brazil
- 11.4.7.2. Argentina
- 11.4.7.3. Rest of South America
- 11.5. Asia-Pacific
- 11.5.1. Introduction
- 11.5.2. Key Region-Specific Dynamics
- 11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Equipment Type
- 11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Process Type
- 11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation
- 11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.5.7.1. China
- 11.5.7.2. India
- 11.5.7.3. Japan
- 11.5.7.4. Australia
- 11.5.7.5. Rest of Asia-Pacific
- 11.6. Middle East and Africa
- 11.6.1. Introduction
- 11.6.2. Key Region-Specific Dynamics
- 11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Equipment Type
- 11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Process Type
- 11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Automation
12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Market Positioning/Share Analysis
- 12.3. Mergers and Acquisitions Analysis
13. Company Profiles
- 13.1. Marel*
- 13.1.1. Company Overview
- 13.1.2. Product Portfolio and Description
- 13.1.3. Financial Overview
- 13.1.4. Key Developments
- 13.2. BAADER Group
- 13.3. Bayle SA
- 13.4. Prime Equipment Group
- 13.5. CTB
- 13.6. Brower Equipment
- 13.7. Jarvis Equipment
- 13.8. Industries Riopel
- 13.9. Asena
- 13.10. Dhopeshwar Engineering Private Limited
LIST NOT EXHAUSTIVE
14. Appendix
- 14.1. About Us and Services
- 14.2. Contact Us
