According to Future Market Insights, global sales of poultry processing equipment are expected to increase at a 6.6% CAGR between 2023 and 2033, totaling US$ 7,958.3 Million by 2032.
Rising production and consumption of poultry meat products, particularly chicken meat, globally is a key factor driving the growth of the poultry processing equipment market, and this trend is expected to continue during the forecast period.
Poultry processing equipment refers to the tools and machinery used by businesses to process poultry meat on a large scale. Poultry processing machines help end users improve productivity and reduce labour costs by performing functions such as slaughtering, de-feathering, and de-boning, as well as evisceration and marinating.
Factors such as a rapidly growing population, rising disposable income, and changing lifestyles have led to an increase in the consumption of processed and ready-to-eat foods such as chicken wings, fried chicken, and chicken patties. As a result, poultry processing plants are increasing their production capacity. As a result, sales of poultry processing equipment are expected to rise rapidly over the next ten years.
Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-16184
Similarly, advancement in poultry processing equipment and development of cost-efficient solutions will aid in the expansion of the global poultry processing equipment market.
Key Takeaways from the Poultry Processing Equipment Market Study:
- By product type, the poultry slaughtering and de-feathering equipment segments lead the global market.
- Based on application, chicken processing segment will continue to dominate the global poultry processing equipment market during the forecast period.
- North America holds the largest share of the worldwide poultry processing equipment market.
- With rising consumption of chicken meat products, Asia Pacific is likely to emerge as the fastest growing poultry processing equipment market through 2033.
- Demand for poultry processing equipment across the U.S. is expected to grow at a strong pace over the next ten years.
“The ever-increasing demand for high nutritional poultry meat products is compelling meat processing companies to employ new automated solutions for increasing their production capacities. This is acting as a catalyst triggering growth of the worldwide poultry processing equipment market”, says a lead FMI analyst.
Who is Winning?
Market leaders of Poultry Processing Equipment in the global market are Marel HF, Key Technology Inc., John Bean Technologies Corporation, CTB Inc., and Baader Food Processing Machinery Inc.
These players are adopting strategies such as new product launches, partnerships, mergers, acquisitions, and collaborations to increase sales and solidify their position in the global market.
Get Valuable Insights into Poultry Processing Equipment Market
FMI, in its new offering, provides an unbiased analysis of the Poultry Processing Equipment market presenting historical demand data (2018-2022) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Poultry Processing Equipment Market based by Equipment Type (Poultry slaughtering equipment, De-feathering equipment, De-boning machine, Cut-up machine, Evisceration equipment, tumbling equipment, marinating equipment), Application (Chicken, turkey, duck processing) across seven major regions.
Ask Us Your Questions About This Report @
https://www.futuremarketinsights.com/ask-question/rep-gb-16184
Poultry Processing Equipment Market Segmentation by category
By Product Type:
- Poultry Slaughtering Equipment
- De-feathering Equipment
- De-boning Equipment
- Cut-up Machine
- Evisceration Equipment
- Tumbling Equipment
- Marinating Equipment
By Application:
- Chicken Processing
- Turkey Processing
- Duck Processing
By Distribution Channel:
- Online
- Offline
By Region:
- North America
- Latin America
- Asia pacific
- Eastern Europe
- Western Europe
- Japan
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.
Contact Us:
Future Market Insights, Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
