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 Insights

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).

Poultry processing equipment is used to transform live poultry into raw poultry products fit for human consumption. Many other advancements in meat processing technology may play a role in the growth of the global poultry processing equipment market. Mechanization of the meat production method furthermore reduced labor costs and improving meat quality and safety. Meat contains various components such as water, protein, and fat. Meat processing techniques are used to prolong the life of food, refine the preparation process, and enhance flavor. Many industries have entered the market to serve to the global demand for processed meat, creating a demand for meat processing equipment. Poultry processing equipment, in particular, is used to treat turkeys, ducks, and, most notably, chicken.

The poultry processing equipment is used in the preparation of meat from various types of poultry consumed by humans. Processes such as battering and breading, tumbling and massaging, smoking, deboning, and grinding are used to transform poultry into a variety of products. With Industry 4.0 market trends, the stakeholders have embraced a paradigm shift in technology, and poultry farming is no exception. This industry is moving toward a digitized regime in which poultry processing tools will be automated. Players in the poultry farming industry are gradually recognizing the potential for process efficiency through technology adoption.

US Poultry Processing Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.

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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

Product ID: SQMIG20D2030

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