Reports Coverage
Meat Processing Equipment Market Key Insights
Meat Processing Equipment Market Analysis by Regions
Meat Processing Equipment Market Analysis by Segments
Meat Processing Equipment Market Size (current and future)
Meat Processing Equipment Market Competitive Benchmarking
2 years ago
The global meat processing equipment market is growing competently, projected to grow at a CAGR of 6.9% during the expected period from 2019 to 2027, starting from US$ 9.81 Bn in 2018.
Market Synopsis
“Intensifying use of automated equipment among industries worldwide will spark market growth”
The global meat processing equipment market has experienced good growth in previous years and is expected to experience even better growth in the coming years.
The main drivers for this growth are rising populations, rapid urbanisation, growing consumption of processed meats, rising food safety concerns and requirements, and technological advancements in meat processing equipment.
Trends indicate good growth opportunities in meat grinding equipment, precooked meat segment, and the emerging markets of Asia-Pacific. The processed pork segment and North American region also offer decent growth opportunities. However, the growth of the meat processing equipment market is restrained by the high initial cost of the equipment.
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