Poultry Processing Equipment Market

Global Poultry Processing Equipment Market Size, Share, Growth Analysis, By Poultry Type(Chicken, Turkey), By Equipment Type(Killing & Defeathering, Evisceration), By Product Type(Fresh processed, Raw cooked) - Industry Forecast 2024-2031


Report ID: SQMIG20D2030 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 96 | Figures: 76

Global Poultry Processing Equipment Market Dynamics

Poultry Processing Equipment Market Driver

Growing Preference for Flavored Products and Health Benefits Associated with Meat Consumption to Drive the Market Growth

  • Consumers' increasing preference for umami-flavored products is expected to drive the poultry processing equipment market in the coming years. Consumers' growing health consciousness, associated with their willingness for a high-quality meat meal with growth hormones and antibiotics is expected to drive sales of poultry products.
  • Furthermore, the numerous health benefits associated with the consumption of poultry products as a result of their high protein content and low saturated fat content are expected to drive poultry processing equipment market growth. Duck meat, for example, is high in protein and iron content, and it blends well with other ingredients to create a delicious flavor. The growing popularity of chicken products is encouraging major vendors to diversify their product offerings in order to meet this rising demand. As a result, customers have access to a diverse range of product options in the market, which is expected to boost product sales.

Poultry Processing Equipment Market Restraint

Significant costs of equipment and lack of technological awareness to create market challenges

  • Developing countries where expensive processing equipment is difficult to obtain can play a role as poultry processing equipment market restrictions. The developments in the processing equipment market is expected to be hindered by a lack of knowledge of technological advances in the local market. 
  • Specific meat consumption factors, such as the risk of obesity and health issues, can harm the market. In addition, rising raw material prices and high capital investments may affect the industry expansion.
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Poultry Processing Equipment Market size was valued at USD 4.53 billion in 2019 and is poised to grow from USD 4.87 billion in 2023 to USD 8.46 billion by 2031, growing at a CAGR of 7.13% in the forecast period (2024-2031).

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Global Poultry Processing Equipment Market. Many major firms are shifting their focus to the introduction of new products into the market. 'Marel hf', 'John Bean Technologies Corporation', 'GEA Group AG', 'CTB, Inc.', 'Meyn Food Processing Technology B.V.', 'Baader Group', 'Key Technology Inc.', 'Bayle SA', 'Prime Equipment Group, Inc.', 'Brower Equipment Sales, LLC', 'Stork Food & Dairy Systems B.V.', 'Linco Food Systems A/S', 'PSS SVIDNIK a.s.', 'Foodmate BV', 'Cimbria A/S', 'JF Equipment', 'CP Group', 'Buhler AG', 'JBT Corporation', 'Kuhl Corporation'

Consumers' increasing preference for umami-flavored products is expected to drive the poultry processing equipment market in the coming years. Consumers' growing health consciousness, associated with their willingness for a high-quality meat meal with growth hormones and antibiotics is expected to drive sales of poultry products.

North America has encountered the largest Poultry Processing Equipment Market share in the year 2022. Considering consumer preferences, the United States and Canada had the largest market share for poultry processing equipment. Increased government support for the expansion of the poultry processing industry in this region has the greatest impact on the North America poultry processing equipment market. Furthermore, strict government regulations to ensure food quality and shift consumer preferences toward high-value, protein-rich, fat-free foods have increased demand for poultry processing equipment in North America. Emerging markets, particularly India, Japan, New Zealand, and China, are overcoming technological constraints and currently offer ample growth opportunities.

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Poultry Processing Equipment Market

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