The global meat processing equipment market size reached USD 16.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 27.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
USD 16.3 Billion
Market Forecast in 2032
USD 27.9 Billion
Market Growth Rate 2024-2032
6%
Meat processing refers to the process of converting raw meat into ready-to-eat (RTE) products for human consumption. It involves salting, curing, smoking and canning the meat for removing toxins and improving the overall reliability, facilitating easy cooking, enhancing the taste and texture, and increasing the shelf life of the meat. It is undertaken using different meat processing equipment depending on the requirement of the customers. Some of the widely available variants are ovens, fillers, dicers, cutters, chillers, grinders, roasters, blenders, smokers, fryers, dryers, mixers, feeders, tenderizers, separators, slicers, and homogenizers.
Meat Processing Equipment Market Trends:
Rising safety concerns represent one of the key factors propelling the growth of the market. Additionally, the growing sales of convenient food products on account of rapid urbanization, hectic schedules and inflating income levels have positively influenced the demand for processed meat. This, coupled with the rising premiumization of meat products and increasing consumer access to organized retail stores like supermarkets, is strengthening the market growth. Moreover, leading players are considerably investing in innovation of processing technologies and coming up with fully automated meat processing equipment with an inbuilt sensor system to retain a competitive edge in the industry. They are also engaging in strategic acquisitions and partnerships for expanding their production volume and widening their distribution network. Apart from this, the consistent dominance of meat-based culture in numerous countries, along with the increase in trade flow of meat, is also catalyzing the demand. The rising health consciousness among individuals due to the growing prevalence of lifestyle diseases and consequently escalating demand for protein-rich food products is projected to fuel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global meat processing equipment market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, meat type and application.
Breakup by Type:
Cutting Equipment
Blending Equipment
Filling Equipment
Tenderizing Equipment
Dicing Equipment
Grinding Equipment
Smoking Equipment
Massaging Equipment
Breakup by Meat Type:
Processed Pork
Processed Beef
Processed Mutton
Others
Breakup by Application:
Fresh Processed Meat
Precooked Meat
Raw Cooked Meat
Cured Meat
Dry Meat
Raw Fermented Sausages
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bettcher Industries Inc., Duravant LLC, GEA Group Aktiengesellschaft, Heat and Control Inc., Illinois Tool Works Inc., JBT Corporation (TechnipFMC plc), Marel, Mepaco, Minerva Omega group s.r.l., RISCO S.p.A., Ross Industries Inc. and The Middleby Corporation.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
Billion USD
Segment Coverage
Type, Meat Type, Application, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
Bettcher Industries Inc., Duravant LLC, GEA Group Aktiengesellschaft, Heat and Control Inc., Illinois Tool Works Inc., JBT Corporation (TechnipFMC plc), Marel, Mepaco, Minerva Omega group s.r.l., RISCO S.p.A., Ross Industries Inc. and The Middleby Corporation
Customization Scope
10% Free Customization
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global meat processing equipment market was valued at USD 16.3 Billion in 2023.
We expect the global meat processing equipment market to exhibit a CAGR of 6% during 2024-2032.
The rising demand for protein-rich food products, along with the introduction of fully automated meat processing equipment with an inbuilt sensor system, is primarily driving the global meat processing equipment market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous meat processing units, thereby negatively impacting the global market for meat processing equipment.
Based on the type, the global meat processing equipment market can be segmented into cutting equipment, blending equipment, filling equipment, tenderizing equipment, dicing equipment, grinding equipment, smoking equipment, and massaging equipment. Currently, cutting equipment holds the majority of the total market share.
Based on the meat type, the global meat processing equipment market has been divided into processed pork, processed beef, processed mutton, and others. Among these, processed pork currently exhibits a clear dominance in the market.
Based on the application, the global meat processing equipment market can be categorized into fresh processed meat, precooked meat, raw cooked meat, cured meat, dry meat, raw fermented sausages, and others. Currently, fresh processed meat accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global meat processing equipment market include Bettcher Industries Inc., Duravant LLC, GEA Group Aktiengesellschaft, Heat and Control Inc., Illinois Tool Works Inc., JBT Corporation (TechnipFMC plc), Marel, Mepaco, Minerva Omega group s.r.l., RISCO S.p.A., Ross Industries Inc., and The Middleby Corporation.
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