Asia Pacific poultry processing equipment market was valued at USD 0.89 Billion in 2021 and is anticipated to reach USD 0.94 billion in 2024 from USD 1.49 Billion by 2032, at a CAGR of 5.90% during the forecast period from 2024 to 2032.
Meat has high protein content, water, and fat. Unprocessed meat gets spoiled due to the secretion of various enzymes after slaughtering. This has resulted in the high use of processing techniques to prevent meat spoilage. End users are those who consume the final processed meat.
The market for poultry processing equipment in the Asia-Pacific region is driven mainly by the increased consumption of processed food, government support for the use of equipment in developing countries, and mechanization in production processes, which has contributed positively to labor reduction, meat quality, and safety. However, market growth can decline due to factors associated with meat intake, such as obesity risk and health concerns.
On the basis of poultry type, the poultry processing equipment market is led by chicken, followed by duck. Chicken consumption is growing faster than other meat.
Killing & de-feathering dominated the poultry processing equipment market, among other equipment, as it is a pre-requisite in every automated poultry processing plant. On the basis of poultry type, the poultry processing equipment market is led by chicken, followed by duck. Chicken consumption is growing faster than other meat.
Geographically, the Asia Pacific market for Poultry Processing Equipment is segmented into China, India, Japan, South Korea, and Australia. The poultry processing equipment market in the Asia-Pacific region is projected to grow at the highest CAGR due to economic growth and the shift of consumers' preferences towards value-added food. Also, the demand for animal protein in the countries has increased and has become important due to the current busy lifestyles, which is creating a great opportunity for the market to flourish.
Major key players in the Asia Pacific poultry processing equipment market are Marel HF, Key Technology, Inc., John Bean Technologies Corporation, CTB, Inc., Baader Food Processing Machinery, Inc., Brower Equipment, Bayle S.A., CG Manufacturing and Distribution Limited, and Prime Equipment Group, Inc. are the major players of Asia-Pacific Poultry Processing Equipment market.
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