Poultry Processing Equipment Market Driven by Growing Demand for Processed Meat Products

The global poultry processing equipment market offers a wide range of advanced equipment and machinery used for processing slaughtered poultry such as chickens, ducks, geese, and turkeys. Some key equipment types include killing & defeathering, evisceration, cutting & deboning, marination & portioning, and automated grading machines. The market is driven by the growing global demand for processed poultry meat products owing to factors like changing dietary preferences, urbanization, and increased disposable incomes in developing nations. The poultry processing equipment helps in efficiently handling large volumes of poultry with minimal manual intervention, thus improving production output and guaranteeing food safety standards.

The Global Poultry Processing Equipment Market is estimated to be valued at US$ 4.6 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the poultry processing equipment market are Marel hf, John Bean Technologies Corporation, GEA Group AG, Meyn Food Processing Technology B.V., Baader Group. These major players accounted for over 45% of the total market share in 2023.

Some of the key growth opportunities in the market include expanding operations in Asian countries witnessing strong demand, and introducing advanced robotics and automation solutions for processing different poultry cuts. German and Danish manufacturers are focusing on global expansion strategies through acquisitions and partnerships to consolidate their market presence across major poultry producing regions.

Market Drivers:

Growing demand for processed and packaged poultry meat products from households as well as food service sector is a major market driver. The equipment helps improve productivity and meet strict quality control and food safety regulations enforced worldwide. Rising health-consciousness and shift towards high protein diets supplements the demand.

Market Restraints:

High initial capital investments required for setting up automated processing units act as a key market restraint in developing markets. Lack of infrastructure and supporting policies alsoChallenge further expansion of global players in some regions. Fluctuating raw material prices and political instability in certain major supplier markets impede market growth.

Segment Analysis

The poultry processing equipment market can be segmented by type and application. Based on type, the mechanical equipment segment is dominating the market currently. Mechanical equipment consists of killing & defeathering equipment, evisceration equipment, and cutting up equipment that are used on a large scale by poultry processing units for deboning chicken and removing skin and bones from the carcass. These equipment help improve productivity and efficiency of poultry processing plants significantly. By application, the chicken processing segment holds the highest share as chicken is the most widely consumed poultry meat globally. Chicken processing equipment account for over 70% of the total poultry processing equipment market.

Global Analysis

The North American region currently dominates the global poultry processing equipment market owing to presence of large poultry production facilities and leading global players in countries like US and Canada.

The Asia Pacific region is expected to witness the highest growth during the forecast period. This is mainly attributed to rising consumption of poultry meat led by growing population, rising incomes, and changing dietary habits in emerging economies of China and India. Furthermore, increasing direct foreign investments in poultry processing infrastructure development in Southeast Asian countries is also supporting the market growth. Key players are focusing on expanding their manufacturing bases and distribution networks in Asia Pacific to gain higher shares.

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What Are The Key Data Covered In This Poultry Processing Equipment  Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Poultry Processing Equipment 's growth between 2024 and 2031.

:- Accurate calculation of the size of the Poultry Processing Equipment  and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Poultry Processing Equipment  Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Poultry Processing Equipment  vendors

About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

*Note:

1. Source: Coherent Market Insights, Public sources, Desk research

2. We have leveraged AI tools to mine information and compile it