The global poultry processing equipment market size is expected to be valued at USD 3.63 billion in 2023, and it is estimated to reach USD 4.64 billion by the end of 2028, growing at a CAGR of 5% during the forecast period from 2023 to 2028.
Poultry processing equipment is used to convert live poultry into raw poultry products that are considered fit for human consumption.
Global Poultry Processing Equipment Market Drivers:
Increased consumer preference for protein-rich foods and increased consumption of processed foods, such as meal preparation and meat dish preparation are driving the global market for poultry processing equipment. As the health problems associated with meat consumption grow, the demand for poultry products worldwide will increase further. Additionally, increased adoption of safety measures for poultry processing equipment will ensure nutritional benefits, accelerating market growth during the forecast period. As the demand for poultry products increases and the technological development of poultry processing equipment increases, the global market for poultry processing equipment will be further strengthened.
As people around the world have an increasing preference for meat consumption, the demand for processing machinery has increased. Many other developments in meat processing technology can be deciding factors in the growth of the global poultry processing equipment market. Furthermore, mechanization of the meat production method reduced labor costs and improved meat quality and safety. Meat is made up of different contents such as water, protein, and fat content. Meat processing techniques are used to preserve food for a long time, refine the preparation process, and improve its flavor. To meet the demand for processed meat worldwide, many industries have entered the market, creating a need for meat processing equipment. Poultry processing equipment is used to treat turkeys, ducks, and primarily chicken. Poultry is a rich source of protein and is easily digestible by consumers. It is derived from a rich source of essential amino acids, vitamins, phosphorus, fats, and minerals in the skeletal muscle overdose diet of various algae. In addition, poultry processing equipment is the preparation of meat by multiple types of poultry consumed by humans. Different methods included in poultry processing equipment include killing and slaughtering, fighting, cutting, boning and skinning, pickling and tumbling, and more.
The global market for poultry meat processing equipment is supposed to increase consumer preference for protein-rich foods and expand growth due to technological advances in food processing equipment. The demand for processed poultry meat has grown exponentially with the rapid development of consumer food preferences and increased interest in health, leading to a high-protein, fat-free diet. Meat processing equipment is essential in the meat production process. The development of a variety of meat processing technologies is also assumed to promote the growth of the global market. Mechanization in the production process has contributed positively to reduced labor and meat and safety. The increase in disposable income for middle-class consumers has had a positive impact on the global poultry processing equipment market.
Global Poultry Processing Equipment Market Restraints:
Developing countries where expensive processing equipment cannot be easily purchased can act as market limitations. Lack of knowledge of technological advances in the local market is anticipated to hamper the development of the poultry processing equipment market. Specific factors related to meat intake, such as the risk of obesity and health problems, can have a negative impact on the market. Furthermore, rising raw material prices and high capital investments may hamper the global market for poultry processing equipment.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2022 to 2028 |
Base Year |
2022 |
Forecast Period |
2023 to 2028 |
CAGR |
5% |
Segments Covered |
By Animal Type, Equipment Type, and Region |
Various Analyses Covered |
Global, Regional, and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Bayle S.A., Baader Food Processing Machinery, Inc., Marel HF, CTB, Inc., Brower Equipment, Prime Equipment Group, Inc., John Bean Technologies Corporation, CG Manufacturing and Distribution Limited, Cantrell, Meyn and Others. |
This market research report on the global poultry processing equipment market is segmented and sub-segmented into the following categories.
Global Poultry Processing Equipment Market - By Animal Type:
Global Poultry Processing Equipment Market - By Equipment Type:
Global Poultry Processing Equipment Market – By Region:
Asia Pacific is expected to be the fastest-growing region in the market, followed by Europe and North America. North America has the highest demand for poultry processing equipment. The largest market share for poultry processing equipment was obtained in the United States and Canada, taking into account consumer preferences. The North American poultry processing equipment market is primarily affected by increased government support for the expansion of the poultry processing industry in this region. Also, stringent government regulations to ensure food quality and shift consumer preferences for high-value, protein-rich, fat-free foods have increased the demand for poultry processing equipment in North America. Emerging markets are overcoming technological constraints and currently offer ample growth opportunities, especially in India, Japan, New Zealand, and China.
The poultry processing equipment market in the Asia Pacific region is presumed to expand rapidly in the near future as the consumption of protein-rich foods such as meat and poultry products increases significantly. Asian countries like China, India, Vietnam, Thailand, and Japan see significant increases in meat consumption. This is anticipated to boost demand for poultry processing equipment, which will be a substantial factor in revitalizing the poultry processing equipment market in the region. The Brazilian and Argentine poultry processing equipment markets are also foreseen to grow during the forecast period. Increased meat consumption in European markets in the UK, France, Germany, and Switzerland is also likely to generate demand for poultry processing equipment during the outlook period.
KEY MARKET PLAYERS:
Bayle S.A., Baader Food Processing Machinery, Inc., Marel HF, CTB, Inc., Brower Equipment, Prime Equipment Group, Inc., John Bean Technologies Corporation, CG Manufacturing and Distribution Limited, Cantrell, Meyn. Some of the major key players involved in the global poultry processing equipment market.
RECENT HAPPENINGS IN THIS MARKET:
FAQ's
The global poultry processing equipment market size is expected to be valued at USD 3.63 billion in 2023.
North America has the highest demand for poultry processing equipment. The largest market share for poultry processing equipment was obtained in the United States and Canada.
The poultry processing equipment market in the Asia Pacific region is presumed to expand rapidly in the near future as the consumption of protein-rich foods such as meat and poultry products increases significantly.
Increased consumer preference for protein-rich foods and increased consumption of processed foods, such as meal preparation and meat dish preparation, are driving the global market for poultry processing equipment.
Bayle S.A., Baader Food Processing Machinery, Inc., Marel HF, CTB, Inc., Brower Equipment, Prime Equipment Group, Inc., John Bean Technologies Corporation, CG Manufacturing and Distribution Limited, Cantrell, Meyn. Some of the major key players involved in the global poultry processing equipment market.
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