DUBLIN, Feb. 5, 2024 /PRNewswire/ — The “Poultry Processing Equipment – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Poultry Processing Equipment Market to Reach $5.5 Billion by 2030
The global market for Poultry Processing Equipment estimated at US$3.8 Billion in the year 2022, is projected to reach a revised size of US$5.5 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Chicken, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$3.3 Billion by the end of the analysis period. Growth in the Other Types segment is estimated at 4.4% CAGR for the next 8-year period.
This report provides insights into the global poultry processing equipment market, offering a comprehensive overview of key trends and market trajectories. The COVID-19 pandemic had a significant impact on the demand for sustainable animal feed, and automated technologies played a crucial role in streamlining poultry production and supply chain networks during disruptions.
The report introduces poultry processing equipment, highlighting advancements in poultry farm processes and equipment. It provides an overview and outlook for the poultry processing equipment market, emphasizing technology adoption in poultry production. Drivers and inhibitors of the market are analyzed, with segmentation by equipment type and poultry type.
Advances in automated poultry deboning machinery are explored, and the market breakdown by equipment type (such as killing & defeathering, deboning & skinning, cut-ups, marinating & tumbling, evisceration, and other equipment) and poultry type (including chicken and other types) is provided.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 6.4% CAGR
Regional analysis categorizes the world poultry processing equipment market by developed and developing regions, with rankings based on CAGR (Sales) for 2020-2027. The competitive scenario is examined, including recent market activity, select advancements by innovators, and the market share of global key competitors in 2022. The competitive market presence is categorized as strong, active, niche, or trivial for players worldwide in 2022, offering insights into the market dynamics.
The Poultry Processing Equipment market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$672 Million by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET TRENDS & DRIVERS
- Safer & Faster Meat Cutting Equipment Enhance Appeal & Image
- Sophisticated Deboning Technology Underpins Uptake Volumes
- New and Innovative Systems Set to Widen Addressable Market
- Digitalization Unveils New Opportunities
- Software Tools Emerge to Streamline Poultry Processing Lines
- Growing Poultry Meat Consumption Steers Momentum
- Global Broiler Meat Production (Million Metric Tons RTCE): 2016-2021)
- Global Broiler Meat Production by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for USA, China, Brazil, EU, Russia, India, Mexico, Thailand, Turkey, Argentina, Malaysia, and Others
- Global Broiler Meat Imports by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for Japan, China, Mexico, EU, Saudi Arabia, Iraq, UAE, Philippines, South Africa, Hong Kong, USA, and Others
- Global Broiler Meat Exports by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for Brazil, USA, EU, Thailand, Turkey, Ukraine, China, Russia, Belarus, Argentina, Chile, and Others
- Per Capita Consumption of Poultry in Select Countries for 2017 and 2026 (in Kilograms per Person per Year)
- Rising Demand for Animal Protein Foods Enhances Market Prospects
- Global Demand for Animal Protein by Type (1985-2035): Decade-wise Breakdown of Volume Demand (Thousand Tonnes) for Beef, Eggs, Pork, Poultry, Seafood, and Sheep
- Energy, Water, Protein and Fat Content for Meat & Eggs Vis-a-vis Grains, Fruits & Vegetables, and Beverages (per 100 grams)
- Widening Role of Automation in Meat Processing Operations Augurs Well
- Industry 4.0 to Accelerate Poultry Processing Automation
- Automated Packaging Widens the Business Case
- Expanding Global Population and Food Security Concerns Elevate Demand for Processed Meats
- Global Food Scenario: Fast Facts
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Undernourished Population Worldwide by Geographic Region (2015): Number of Undernourished People (in Millions)
- Urbanization Enhances Poultry Meat Demand
- World Urban Population in Thousands: 1950-2050
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
- Percentage of Urban Population in Select Countries (2016 & 2050)
FOCUS ON SELECT PLAYERS (Total 58 Featured)
- Cargill, Inc.
- Alfa Laval AB
- GEA Group AG
- Key Technology, Inc.
- Marel hf.
- Euragglo S.R.L.
- Bettcher Industries, Inc.
- CTB, Inc.
- Heat and Control, Inc.
- Kuhl Corporation
- Nichimo Co., Ltd.
- John Bean Technologies Corporation
- Bayle S.A
- Brower Equipment
- Hobart
For more information about this report visit https://www.researchandmarkets.com/r/vzlcc8
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