The poultry keeping machinery market is on a robust growth trajectory, currently valued at USD 5.2 billion in 2023. The market is projected to expand at a Compound Annual Growth Rate (CAGR) of 4% from 2023 to 2033, reaching an impressive USD 7.7 billion by 2033.
This growth is largely driven by the global expansion of fast-food and restaurant chains, fueled by a steadily increasing world population. The rising demand for poultry-based products, spurred by the convenience of dining out in today’s fast-paced society, has contributed significantly to this trend. Poultry, valued for its versatility and cost-effectiveness as a protein source, has become a preferred choice for many foodservice outlets.
The demand for poultry as an affordable protein source continues to rise, leading to increased consumption of chicken products. This trend is expected to persist, with poultry meat remaining the top choice for animal protein among consumers due to its affordability and high protein content.
As a result of the increasing global consumption of chicken, there is a corresponding rise in demand for poultry keeping machinery. This demand spans from households to fast-food chains and restaurants, where poultry items are increasingly popular. To meet this growing need, a diverse range of equipment is essential for ensuring the healthy and efficient production of chickens and eggs, thereby driving further growth in the poultry keeping machinery market.
Country-wise Analysis: Poultry Keeping Machinery Market
United States: Growing Adoption of Advanced Machinery Drives Market Growth
The outlook for the Poultry Keeping Machinery Market in the United States is promising, characterized by the increasing deployment of advanced poultry machinery, including automated egg collectors and broiler harvesters. This technological advancement is poised to be a significant driver of market growth within the U.S.
As a result of these innovations, the demand for healthy dietary products is anticipated to witness a substantial upswing, particularly in the realm of chicken products. Recognized as an economical source of protein, chicken products are expected to experience a notable surge in demand. Consequently, there is a growing need for improved infrastructure and facilities to effectively manage poultry, meeting the evolving demands of the market.
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China: Novel Technologies Propel Poultry Farm Equipment Demand
China presents a highly lucrative market for poultry keeping machinery, with the rising implementation of novel technologies creating compelling growth opportunities for poultry farm equipment manufacturers. Key drivers in this context include an increase in household income, shifts in food consumption patterns, and changing consumer preferences favoring value-added foods.
Notably, livestock production holds a substantial share of China’s total agricultural output. The widespread adoption of technology for poultry farm equipment, coupled with the emergence of new market entrants offering innovative products, underscores the extensive use of poultry keeping machinery in China. The market’s growth potential is further accentuated by these factors, positioning China as a prominent player in the global poultry keeping machinery market.
Key Players:
- Valco Companies, Inc.
- Vencomatic Group
- TEXHA PA LLC
- Petersime NV
- HAMex-GmbH
- Big Dutchman International GmbH
- Jansen Poultry Equipment
- Ziggity Systems, Inc.
- A.P. POULTRY EQUIPMENTS
- TECNO POULTRY EQUIPMENT Spa
- Salmet
Market Segmentation:
By Product:
- Feeding
- Drinking
- Climate Control
- Incubator Equipment
- Hatchery Equipment
- Egg Collection, Handling, and Management Equipment
- Broiler Harvesting and Slaughtering
- Residue and Waste Management
- Others (Vaccinations, Floorings, Scales, Nests, Cages)
Bye End User:
- Farm
- Poultry Factory
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
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