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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 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