Chennai Journal

Meat Processing Equipment Market to Showcase Continued Growth in the Coming Years

 Breaking News
  • No posts were found

Meat Processing Equipment Market to Showcase Continued Growth in the Coming Years

January 30
00:42 2021
Meat Processing Equipment Market to Showcase Continued Growth in the Coming Years

MarketsandMarkets™
The meat processing equipment market is projected to grow from USD 6.8 billion in 2019 to USD 9.7 billion by 2026, recording a CAGR of 5.2%

The meat processing equipment market is projected to grow from USD 6.8 billion in 2019 to USD 9.7 billion by 2026, recording a CAGR of 5.2% during the forecast period. This is attributed to the growing consumption of processed meat among consumers, premiumization in meat products, and rising food safety requirement.

Meat Processing Equipment Market

The grinding equipment segment is estimated to account for the largest market share in 2019 in the market.

The grinding equipment segment, by type, is estimated to dominate the meat processing equipment market, by type, in terms of value, in 2019. The primary use of grinding equipment is to grind the large pieces of tenderized meat into smaller pieces. Some of the common grinders are used to separate bone pieces and connective tissues, such as tendons, from the muscle meat. The greater application of grinders for processing a wide range of products, such as minced meat, sausages, hamburgers, and other products, is driving the market for grinding equipment.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1253

By product type, the precooked meat segment is projected to grow at the highest rate during the forecast period.

Precooked meat products are obtained by mixing fatty tissues, head meat, liver, animal skin, blood, and other edible parts. There are two phases through which this is achieved. In the first phase, the raw meat is heated at a temperature range of around 80-degree Celsius; in the other phase, the meat is heated at a temperature of 80-100-degree Celsius to obtain the final product. As these products utilize a variety of meat parts, various products are offered in this category. This is the key factor driving the market for precooked meat, which, in turn, boosts the precooked meat equipment market

North America is projected to account for the largest market share in the market during the forecast period.

The North American market accounted for the largest share in 2018 due to the rising demand for processed meat, the growing investment in meat processing facilities, and the presence of a large number of meat processors, such as Tyson Foods, Cargill Meat Solutions Corp., and JBS USA in this region. Also, the growing number of new product launches has resulted in the growth of the market in North America.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1253

The prominent vendors in the meat processing equipment market include GEA Group (Germany), JBT Corporation (US), Marel (Iceland), Illinois Tool Works (US), The Middleby Corporation (US), Bettcher Industries (US), Equipamientos Carnicos (US), Biro Manufacturing (US), Braher (Spain), RZPO (Russia), Bizerba (Germany), Riopel Industries (Germany), Minerva Omega Group (Italy), Risco (Italy), Millard Manufacturing Corporation (US), Apache Stainless Equipment Corporation (US), Gee Gee Foods & Packaging (India), PSS Svidnik (Presovsky), Ross Industries (US), and Metalbud Nowicki (Poland).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/meat-processing-equipment-market-1253.html