Poultry Processing Equipment Market to Grow with a CAGR of 4.52% through 2028
Expanding poultry industry and shift towards automated
processing is expected to drive the Global Poultry Processing Equipment Market
growth in the forecast period, 2024-2028.
According to TechSci Research report, “Poultry
Processing Equipment Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Poultry
Processing Equipment Market stood at USD 3.98 Billion in 2022 and is anticipated to grow with a CAGR of 4.52% in the forecast
period, 2024-2028. Several key factors are driving the global poultry
processing equipment market. Increased consumption of processed foods, coupled
with the rising demand for poultry products due to their affordability and
health benefits, is a primary driver.
Technological advancements in processing equipment,
leading to improved efficiency and quality, are also propelling the market.
Regulatory pressures for maintaining hygiene and safety standards in food
processing are similarly influencing growth. The surge in quick service
restaurants (QSRs) globally is boosting the requirement for poultry processing
equipment.
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Processing Equipment Market.”
The global poultry processing equipment
market is projected to experience substantial growth over the next few years.
This growth can be attributed to several factors. Firstly, the increasing
demand for processed foods, driven by changing consumer preferences and
lifestyles, is expected to contribute significantly to the market expansion.
Busy schedules and the need for convenience are prompting consumers to opt for
processed poultry products that are ready-to-cook or ready-to-eat.
Additionally, the global expansion of fast food restaurants, coupled with the
growing popularity of poultry-based dishes, is creating a strong demand for
efficient poultry processing equipment.
Furthermore, the market growth is
expected to be fueled by technological advancements in processing equipment.
Innovations such as automated systems, robotics, and IoT integration are
enhancing the efficiency and productivity of poultry processing, thereby
driving the market forward. These advancements enable faster processing times,
improved product quality, and higher levels of food safety. Moreover, the
integration of advanced data analytics and machine learning technologies allows
for real-time monitoring and optimization of processing operations, further
enhancing efficiency and reducing waste.
Considering the increasing awareness of
health and sustainability, there is a growing demand for poultry processing
equipment that promotes energy efficiency and reduces environmental impact.
Manufacturers are focusing on developing equipment that minimizes water usage,
reduces emissions, and optimizes energy consumption. These eco-friendly
solutions align with the industry's commitment to sustainable practices and
address the concerns of environmentally conscious consumers. The overall market
outlook remains positive. The increasing demand for processed poultry products,
coupled with ongoing technological advancements, is expected to drive continued
growth in the poultry processing equipment market. With proper adaptation to
regulations and a focus on innovation, the industry is well-positioned for good
performance in the foreseeable future. Continued investment in research and
development, along with strategic partnerships, will further propel the market
forward and ensure its sustained success.
The Global Poultry Processing Equipment Market is
segmented into equipment type, poultry type, product type, regional
distribution, and company.
Based on product type, the Fresh Processed category is
currently leading the Global Poultry Processing Equipment Market due to several
factors. One of the main reasons for its dominance is the changing lifestyle of
consumers, who are increasingly opting for fresh and healthy products. This
shift in consumer preferences has created a surge in demand for fresh processed
poultry products. Additionally, advancements in poultry processing equipment
have played a crucial role in enabling the efficient production of these fresh
processed poultry products. Cutting-edge technologies and innovative equipment
have improved the overall processing efficiency, ensuring that the products
retain their freshness and quality. As a result, the Fresh Processed category
has seen significant growth and is expected to continue its upward trajectory
in the coming years. The ability to cater to the growing demand for fresh and
healthy poultry products has positioned this category as a key player in the
global market.
Based on region, The North American region holds a
dominant position in the global poultry processing equipment market due to
several reasons. A key factor is the high consumption of poultry products in
the region, driven by a large population with a preference for poultry meat.
Additionally, the region hosts several major players in the poultry processing
industry, further propelling the local market. The presence of stringent food
safety regulations also contributes, as it encourages companies to invest in
advanced equipment to ensure compliance. The adoption of automated processing
systems for efficiency and consistency also boosts the market in this region.
Major companies operating in Global Poultry
Processing Equipment Market are:
- Marel HF
- Key Technology, Inc.
- John Bean Technologies Corporation
- CTB, Inc.
- Baader Food Processing Machinery, Inc.
- Brower Equipment
- Bayle S.A.
- Prime Equipment Group, Inc.
- CG Manufacturing and Distribution
Limited
- Prime Equipment Group Inc.
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“The future of the Global Poultry Processing Equipment
Market is expected to witness substantial growth in the coming years. This
growth can be primarily attributed to the rapid increase in the consumption of
poultry products worldwide, driven by their nutritional benefits and economic
feasibility. The growing awareness among consumers regarding the importance of
a protein-rich diet and the rising demand for convenience food products are
also contributing factors. Moreover, advancements in technology are anticipated
to further stimulate the market. Innovations in automation and hygiene
practices are revolutionizing the poultry processing industry, leading to
reduced labor costs, enhanced productivity, and improved food safety standards.
These technological advancements are enabling poultry processors to meet the
increasing demand efficiently and maintain high-quality standards throughout
the production process. With the combination of increasing poultry consumption,
technological advancements, and evolving regulations, the Global Poultry
Processing Equipment Market is poised for significant growth and holds
promising opportunities for industry players in the coming years.,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Poultry Processing Equipment Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028
Segmented By Equipment Type (Killing & Defeathering, Evisceration,
Cut Up, Deboning & Skinning, Marinating & Tumbling and Others), By
Poultry Type (Chicken Meat, Turkey Meat, Duck Meat and Others), By Product Type
(Fresh Processed, Raw Cooked, Pre-Cooked, Raw Fermented Sausages, Cured, Dried
and Others), By
Region and Competition”, has evaluated
the future growth potential of Global Poultry Processing Equipment Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Poultry Processing Equipment Market.
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