Product ID: UCMIG30I2069
Meat and Poultry Processing Equipment Market Size, Share, Growth Analysis, By Meat Type(Beef, Pork), By Processing Type(Fresh Processed Meat, Raw-Cooked Meat), By Equipment(Killing & defeathering, Evisceration), By Regions(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG30I2069 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Meat and Poultry Processing Equipment Market Insights
Market Overview:
In 2022, the Meat and Poultry Processing Equipment Market had a value exceeding USD 15.5 billion. The industry is expected to grow at a Compound Annual Growth Rate (CAGR) of over 7% from 2023 to 2032, driven by the expansion of the processed meat and poultry sector. The rising demand for packaged meat in developing nations is predicted to fuel significant growth in the market.
Meat and Poultry Processing Equipment Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Packaged Foods & Meats by segment aggregation, the contribution of the Packaged Foods & Meats in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Meat and Poultry Processing Equipment Market Report Snapshots
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