Meat and Poultry Processing Equipment Market Size

Q: What is the key market trend for Meat and Poultry Processing Equipment Market?

Rising Awareness about Product Quality: The global demand for poultry processing equipment is expected to rise significantly due to the increasing consumer awareness about product quality. Consumers worldwide are becoming more knowledgeable about the food they consume, demanding transparency about its origin, how it is processed, and its impact on health. This has spurred poultry processors to strive for higher quality standards, driving the need for advanced equipment.

Meat and Poultry Processing Equipment Market Insights

Global Meat and Poultry Processing Equipment Market size was valued at USD 18.5 billion in 2023 and is poised to grow from USD 19.54 billion in 2024 to USD 30.21 billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).

The rising consumer demand for protein-rich diets is significantly driving the meat and poultry processing equipment market growth. As awareness about the importance of protein in a balanced diet is increasing, consumers are turning to meat and poultry products as primary sources of high-quality protein. This trend is driven by shifting dietary preferences towards healthier lifestyles, including low-carb and high-protein diets.

Manufacturers are responding by diversifying their product offerings to include leaner cuts of meat, processed meats with enhanced protein content, and convenient, protein-rich meal options. Innovations in processing technologies are also improving the nutritional profiles and taste of meat products, catering to evolving consumer preferences. As the global demand for protein-rich diets continues to rise, the meat and poultry processing industry is well-positioned to capitalize on this trend by offering nutritious and appealing products that meet consumer expectations for taste, convenience, and health benefits.

The expansion of the food service sector, including restaurants and catering businesses, contributes to the demand for meat and poultry processing equipment, as these establishments require reliable and efficient systems to meet consumer demands. Growing awareness of health and nutrition is also influencing consumer preferences toward leaner meat products, driving meat processors to adopt equipment that can efficiently process various types of meat while meeting these evolving dietary trends.

Increasing consumer interest in sustainable and ethically sourced meat products encourages producers to invest in more efficient and environmentally friendly processing technologies. In addition, the growing focus on automation and smart technology in food processing offers opportunities for companies to enhance productivity and reduce labor costs, leading to the meat and poultry processing equipment market growth.

Key Market Attributes

In May 2022, Neogen Corporation added a new insect control solution for poultry producers to its Prozap product line. Prozap Gamma-Defense is a micro-encapsulated, slow-release pesticide used to eliminate litter beetles, flies, fleas, ticks, and other specified pests in and around poultry and other animal housing, buildings, and structures.

In September 2023, JFC collaborated with Cargill, a worldwide nourishment and agribusiness pioneer, to development towards a maintainable future. By grasping supportability, companies upgrade their brand notoriety and buyer devotion whereas moderating dangers related with natural controls. Economical hones can moreover lead to cost investment funds through proficiency advancements and access to modern showcase openings driven by buyer inclinations for morally sourced and naturally inviting items. As request for economical meat and poultry items rises, integrating maintainability into trade procedures has ended up basic for long-term development and competitiveness within the market.

In June 2022, Marel, an Iceland-based multi-national food processing company, procured Wenger Manufacturing LLC for $540 million. Through this securing, the unused trade segment built on the Wenger stage is anticipated to assist Marel fulfill consumers' developing require for high-quality food and feed that's produced sustainably and cost-effectively. Wenger Fabricating LLC could be a US-based company in pet nourishment, plant-based proteins, and aquafeed handling arrangements.

FAQs

Global Meat and Poultry Processing Equipment Market size was valued at USD 3.89 Billion in 2023 and is poised to grow from USD 4.04 Billion in 2024 to USD Billion 5.43 by 2032, growing at a CAGR of 3.78% in the forecast period (2025-2032).

The meat and poultry processing equipment market is highly competitive, with numerous regional and global players vying for market share. Major companies in the market are continually investing in technological advancements, product innovations, and strategic partnerships to maintain their competitive edge and expand their market presence. One of the key strategies employed by market players is the adoption of advanced processing technologies and automation to enhance operational efficiency, reduce costs, and ensure product consistency and safety. Companies are increasingly leveraging robotics, artificial intelligence, and data analytics to streamline various stages of poultry and meat processing, from killing and defeathering to marinating and packaging. The competition is intense, with companies focusing on differentiating their products through quality, safety, and innovation. 'Tyson Foods, Inc.', 'JBS S.A.', 'BRF S.A.', 'Pilgrim's Pride Corporation', 'Sanderson Farms, Inc.', 'Perdue Farms Inc.', 'Koch Foods, Inc.', 'Mountaire Farms Inc.', 'Wayne Farms LLC', 'Foster Farms', '2 Sisters Food Group', 'Cargill Meat Solutions Corporation', 'Hormel Foods Corporation', 'Nippon Meat Packers, Inc.', 'Marfrig Global Foods S.A.', 'Vion Food Group', 'Amick Farms, LLC'

As lifestyles become busier, there is an increasing demand for convenient and ready-to-consume meat items. This trend propels the need for advanced processing equipment to efficiently handle larger production volumes, ensuring the timely and cost-effective production of processed meat products to meet the evolving consumer preferences. The market benefits from catering to this shift in dietary choices by providing the necessary tools for streamlined and scalable processing in the meat and poultry processing equipment industry.

Rising Awareness about Product Quality: The global demand for poultry processing equipment is expected to rise significantly due to the increasing consumer awareness about product quality. Consumers worldwide are becoming more knowledgeable about the food they consume, demanding transparency about its origin, how it is processed, and its impact on health. This has spurred poultry processors to strive for higher quality standards, driving the need for advanced equipment.

North America is dominating with the largest meat and poultry processing equipment market share. North America is a major market, characterized by advanced farming practices and significant investments in automation and technology. The presence of large commercial farms and processing plants, along with a high demand for meat products, drives the growth of this segment. Furthermore, in countries like the US and Canada, where strict food safety regulations are being followed are focusing on developing advanced equipment for efficiently processing the meat and poultry,. In the US, rapid population growth and rising disposable incomes are fueling increased meat consumption, prompting significant investments in modern farming equipment to enhance production efficiency and meet consumer demand.