According to Future Market Insights, the global meat mincers market size is anticipated to grow from US$ 457.5 Million in 2023 to US$ 1,063 Million by 2033, with overall sales accelerating at a robust CAGR of 8.8% throughout the forecast period (2023-2033).
Rapid growth of meat processing industry due to rising consumption of meat products and increasing consumer spending is providing a major impetus to the growth of meat mincers market and the trend is likely to continue during the projected period.
Meat mincers are meat processing equipment used to grind meat into a smooth and uniform soft mass without the requirement of any other accessory. They can also be used to chop or mix raw or cooked meat, fish, vegetables, and other food items.
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Rising usage of mincemeat in various delicious dishes and increasing adoption of meat mincers across industrial, residential, and commercial sectors are expected to boost the global meat mincers market during the forecast period.
Similarly, technological advancements in meat mincers coupled with integration of additional features are likely to create lucrative growth opportunities for leading manufacturers over the next ten years.
Additionally, the meat mincers sector is probably going to experience tremendous development as e-commerce becomes more and more prominent.
Key Takeaways from the Meat Mincers Market Study:
- By product type, sales of electric or automatic meat miners are expected to outpace manual ones.
- Based on end user, the commercial segment is likely to generate maximum revenues in the global meat mincers market during the forecast period.
- By installation type, counter top meat mincers are expected to account for more than 50% of the market share in 2023.
- North America holds around 38% share in the global meat mincer market.
- The U.S. meat mincer market is anticipated to grow at a robust pace during the next ten years.
- With rapidly growing population and rising consumption of meat products, demand for meat mincers across China is likely to rise at a healthy pace through 2033.
“Rapid expansion of meat processing industry an increasing consumption of mat products across the world are acting as catalysts triggering growth in the global meat mincers market and the trend is likely to continue during the forecast period,” says the FMI analyst
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Who is Winning?
Avantco Equipment, BIRO Manufacturing Company, Bizerba USA Inc., Butcher oy Machines International LLC, ITW Food Equipment Group are among the top players operating in the global meat mincers market.
These players are adopting various organic and inorganic strategies such as new product launches, mergers, partnerships, acquisitions, and collaborations to increase their sales and expand their global footprint. Besides this, they are moving towards online shopping platforms to make their products accessible to a wider customer base.
Get Valuable Insights into Meat Mincers Market
FMI, in its new offering, provides an unbiased analysis of Meat Mincers Market presenting historical demand data (2018-2023) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Meat Mincers based on Product Type (Manual, Electric or Automatic), by Installation Type (Counter Top, Floor Standing), by End User (Residential, Industrial, Commercial), by Material (Plastic, Stainless Steel, Cast Iron), by Distribution Channel (Online, Offline)
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Meat Mincers Market by Category
By Product Type:
- Manual
- Electric or Automatic
By Installation Type:
- Counter Top
- Floor Standing
By End User:
- Residential
- Industrial
- Commercial
- Hotels
- Restaurants
- Fast Food Joints
- Others
By Distribution Channel:
- Online
- Company Websites
- E-commerce Platforms
- Offline
- Kitchenware Stores
- Supermarkets
- Independent Retailers
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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