Meat and Poultry ProcessingMarket Size | Statistics Report, Share, Forecast, & Trends
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Consumption of animal meat products has skyrocketed in recent decades all over the world. The growing global population is a major contributor to this increase. As a result, consumers in urban areas have access to a much broader range of food options and better food availability than those in rural areas. This urbanisation trend contributes significantly to higher living standards and rising incomes, which in turn has a greater impact on the affordability of meat and poultry processed food products.
Data Bridge Market Research analyses that the meat and poultry processing market which was growing at a value of 288.4 billion in 2021 and is expected to reach the value of USD 470.18 billion by 2029, at a CAGR of 6.30% during the forecast period of 2022 to 2029.
Market Definition
Meat and poultry processing is defined as the systems in place that can be deployed for various processing mechanisms that help keep foods edible and nutritious throughout the stages of preparation to consumption. The processing primarily aids in the handling, packaging, storing, and preserving of food while it is being stored or transported from one location to another.
| REPORT METRIC | DETAILS |
|---|---|
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 - 2019) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Equipment Type (Killing & De feathering, Evisceration, Cut-Up, Deboning & Skinning, Marinating & Tumbling, Other Equipment), Poultry Type (Chicken Meat, Turkey Meat, Duck Meat, Others), Product Type (Fresh Processed, Raw Cooked, Pre-Cooked, Raw Fermented Sausages, Cured, Dried, Others), End User (Retail, Food Service, Others) |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
| Market Players Covered | Marel (Iceland), GEA Group Aktiengesellschaft (Germany), Bühler (Switzerland), JBT (US), The Middleby Corporation (US), Heat and Control, Inc. (US), Alfa Laval (Sweden), TNA Australia Pty Ltd. (Australia), Bucher Industries (Switzerland), Equipamientos Cárnicos, S.L (Spain), Clextral (France), SPX FLOW (US), Bigtem Makine (Turkey), FENCO Food Machinery (Italy), Krones Group (Germany), Finis Meat and Poultry Processing B.V. (Netherlands), Bettcher Industries, Inc. (US), Anko Food Machine Co. Ltd. (Taiwan), Heat and Control, Inc. (US), BAADER (Germany), and Dover Corporation (US) |
| Opportunities | • Rising e-commerce and expansion in supply chains |
| • Rising health awareness as well as shift to healthy products | |
| • The ease of payment for products through online channels, as well as the wide range of products |
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Key Influence of this Meat and Poultry Processing Market :