PUBLISHER: Industry Experts | PRODUCT CODE: 1555065
PUBLISHER: Industry Experts | PRODUCT CODE: 1555065
The major functions of Meat Processing Equipment include reduction of toxins, tenderization and enhancement of meat consistency. Other than this, methods, such as salting, smoking, curing or preservative addition, also forming a part of processing, are used for enhancing the shelf life of the final product. These processes also provide meat with distinctive flavors and further nullify the risk of any meat-borne illnesses, even while increasing portability.
The global market for Meat Processing Equipment is estimated at US$10.8 billion in 2024 and is further projected to reach US$13.9 billion by 2030 at a CAGR of 4.3% between 2024 and 2030.
Consumption of processed foods, meat being no exception to this, has been growing at substantial rates over several years now. The processing of foods involves altering them in a specific manner, so that the final product reaching the consumer is healthy and tasteful. For this, a number of industries, such as dairy, cereals, bakery and meat employ specialized equipment for processing and providing the requisite final products. The products are treated in a manner that eliminates any harmful content, such as toxins or bacteria, which, if untreated, could pose health concerns.
While the market for processed meat, and simultaneously Meat Processing Equipment, will continue to maintain a steady growth, factors, such as growing preference for vegan & vegetarian diets, negative effects of highly salted processed meats, especially for specific sections of the population, and demand for healthier processing methods would limit demand.
Despite all the negative press about the harmful effects of meat consumption, there has been limited let up in demand for meat products, which further augurs well for the Meat Processing Equipment market. While the trend of adopting vegetarian or vegan diets has been quite noteworthy among western countries, the same has not necessarily caught up with other regions. Owing to this, the market for Meat Processing Equipment in regions, such as Asia-Pacific, South America and Middle East & Africa will register good growth over the analysis period. North America accounts for a lion's share of 33% in 2024 while Asia-Pacific is projected the fastest growing market during the period 2024-2030 with a CAGR of 6.3%.
The study analyzes the market for Meat Processing Equipment by meat types include - Beef, Pork, Mutton and Other. Pork is estimated largest and the fastest growing meat type in which meat processing equipment is utilized globally. The demand for meat processing equipment for Pork is projected the fastest growing between the period 2024 and 2030.
The major functions of Meat Processing Equipment include reduction of toxins, tenderization and enhancement of meat consistency. Other than this, methods, such as salting, smoking, curing or preservative addition, also forming a part of processing, are used for enhancing the shelf life of the final product. These processes also provide meat with distinctive flavors and further nullify the risk of any meat-borne illnesses, even while increasing portability. The report explores the equipment types market of meat processing equipment including Cutting/Slicing, Blending, Dicing, Grinding, Massaging & Marinating, Smoking, Tenderizing and Other Equipment. The global market for Meat Tenderizing equipment is anticipated to register the fastest 2024-2030 CAGR of 7.1% and stand at a projected US$1.3 billion by 2030.
The application markets for meat processing equipment include Fresh Processed, Raw Cooked Meat, Raw Fermented Meat, Precooked, Cured Meat, Dried Meat and Other Applications. Fresh Processed Meat is estimated the largest market for Meat Processing Equipment with a 2024 market share of 24% while Cured Meat is projected the fastest growing application market during 2024-2030.
This global report on Meat Processing Equipment analyzes the market based on meat type, equipment type and application. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.
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