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2023

Meat Processing Equipment Market

Meat Processing Equipment Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Cutting Equipment, Blending Equipment, Filling Equipment, Tenderizing Equipment, Dicing Equipment, Grinding Equipment, Smoking Equipment, Massaging Equipment, Others), by Meat Type (Processed Pork, Processed Beef, Processed Mutton, Others), by Application (Fresh Processed Meat, Precooked Meat, Raw Cooked Meat, Cured Meat, Dry Meat, Raw Fermented Sausages, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

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Author's: Dhanraj Bharatrao Lomate | Roshan Deshmukh
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The global meat processing equipment market size was valued at $12.3 billion in 2021 and is projected to reach $19.6 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.

Meat Processing Equipment Market

The meat processing equipment market is segmented into Type, Meat Type and Application.

The food processing industry has witnessed considerable growth in recent years and is expected to continue this trend in the future. This industry exhibits an increase in the adoption of fully automated technology and inbuilt sensor system. In addition, innovation in the rising efficiency of machines, increase in speed, and rise in adoption of automated processing systems are expected to boost the growth of the global meat processing equipment market.

The demand for the meat processing equipment market is anticipated to increase due to lifestyle changes and preferences of consumers. In addition, the rise in demand for packaged foods & processed meat products and the increase in demand for food safety drive the market growth. Meat processing equipment is manufactured based on specific customer requirements. These equipment are used to remove toxins and increase meat consistency. The continuous dominance of meat-based culture in many countries augments the demand for meat processing equipment. In addition, the increase in the trade flow of meat has increased the demand for processed meat with high durability and shelf life, which is expected to fuel the growth of the market. However, the high cost of machinery is anticipated to hamper market growth in the near future.

Increasing demand for packaged ready-to-eat and frozen meat products necessitates the use of highly specialized and automated handling equipment in the packaged food sector. Packaged meals are preferred by meat processing corporations because they can be easily shipped to far-off markets, while packaged foods are preferred by consumers because they have a longer shelf life than fresh meat. Additionally, factors including the availability of a wider range of packaged foods, rising disposable incomes, and hectic schedules all support rising packaged food demand. Additionally, the growth of large retail chains into emerging markets has had a tremendous positive impact on the packaged food industry. Therefore, capacity expansion will be required for meat processing enterprises to fulfill the demand, which will in turn stimulate the growth of the businesses that make meat processing equipment.

The popularity of quick service restaurants (QSRs) like KFC, McDonald's, Domino's, Burger King, Yum Brands, and others is anticipated to increase demand for processed meat. Local hotels, restaurants, and cafes also significantly contribute to the consumption of processed beef. People typically eat in restaurants and cafés or order cooked cuisine online. As a result, the market for meat processing equipment is anticipated to develop as demand for processed meat increases along with its popularity.

The developing markets of Asia-Pacific, Latin America, and Africa offer the meat processing equipment business tremendous growth potential. Global meat processing giants have found that Vietnam, China, Bangladesh, and Brazil are the ideal location to open and run slaughterhouses. Because these regions serve as global "meat processing centers," low labor costs and minimal government rules are the primary drivers of their expansion. Currently, China and India are the world's greatest producers of pork, chicken, and buffalo meat, while Brazil is a significant producer of beef for European markets. Vietnam is the largest importer of live cattle from Australia for use in the meat processing industry. To meet the rising demand, there will undoubtedly be significant investments in the meat processing industry in all of these areas. This need will result in an increase in the meat processing equipment market demand.

Machine costs have a very decisive nature in the meat processing equipment industry. The machines have significant procurement and operational costs along with poor resale value as they are exclusive machines customized for each meat type and setup. Owing to all these factors, the machine cost exhibits a medium impact on the meat processing equipment industry. In Asia-Pacific, especially the Indian subcontinent, the restriction on meat processing is due to its relation with religion. The cow is considered holy by the Hindu religion and poses the threat of a law and order situation. Thus above factors are likely to restrain the growth of the meat processing equipment market during the forecast period.

Meat Processing Equipment Market by Type

According to market trends, by type, the cutting equipment segment accounted for 20.3% of the meat processing equipment market share in 2021. The cutting is one of the prime operation conducted in every meat processing industry. The cutting equipment efficiently cuts meat into required-size slices, strips, and cubes. It is manufactured from quality-approved abrasion-resistant material, and the cutting machine is highly demanded for its ability to continuous operation in the meat processing industry.

Meat Processing Equipment Market by Meat Type

By meat type, the processed mutton segment has been gaining a significant share in the market and is expected to sustain its share during the forecast period. The fresh processed meat and raw cooked meat segments are the top investment pockets in the market, owing to the increase in demand for processed meat globally. In addition, ease of handling, transportation, and storage are the other factors that fuel the meat processing equipment market growth.

Meat Processing Equipment Market by Application

Based on application, cured meat has gained 9.0% of the share of the global meat processing equipment market and is expected to grow at a CAGR of 4.7% during the forecast period. The rise in consumption of cured meat owing to changes in dietary patterns and an increase in demand for high protein is expected to further drive the market. Also, the increased production of cured meat in the U.S. is expected to lower the price of cured meat and increase its consumption, which is expected to generate demand for meat processing equipment through cured meat segment during the forecast period.

Meat Processing Equipment Market by Region

Region-wise, in 2021, Asia-Pacific has gained a significant share 2021 and is expected to sustain its share throughout the meat processing equipment market forecast period.  Adoption of meat processing equipment is expected to increase in Asia-Pacific due to growth in demand for ready-to-eat food products, changes in the lifestyle of consumers, and stable economic growth. Emerging markets, such as China and India, are expected to show the highest increase in demand for meat processing equipment during the forecast period. However, the government policies pertaining to banning the consumption of beef in India are anticipated to hamper the consumption and trade of processed beef, affecting the growth of the market.

The global meat processing equipment market is segmented based on type, meat type, application, and region. Based on type, the market is classified into cutting equipment, blending equipment, tenderizing equipment, filling equipment, dicing equipment, grinding equipment, smoking equipment, massaging equipment, and others. Based on meat, is categorized into processed beef, processed pork, processed mutton, processed poultry, and others. The market is categorized based on application into a fresh processed meat, raw cooked meat, precooked meat, raw fermented sausages, cured meat, dried meat, and others. By region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (France, Germany, UK, Spain, Italy, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia and Rest of LAMEA), along with detailed country analysis of the respective regions.

The players operating in the global meat processing equipment market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. Launching new products and making acquisitions are the main development methods used by major players in the global meat processing equipment market to meet rising client demand. Launching new products and making acquisitions are the main development methods used by major players in the global market to meet rising client demand.  Acquisitions help companies to share technological requirements for their existing and new products. The market leaders would ultimately benefit from this because it would allow them to expand their product portfolio for comparatively lower costs and thereby increase their market share. The key players profiled in this report include Welbilt, Inc., GEA Group AG, The Middleby Corporation, Heat and Control, Inc., Marel, Key Technology, Inc., JBT Corporation, Illinois Tool Works Inc. (ITW), Bettcher Industries, Inc. and Equipamientos Cárnicos, S.L. (Mainca).

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the meat processing equipment market analysis from 2021 to 2031 to identify the prevailing meat processing equipment market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the meat processing equipment market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global meat processing equipment market trends, key players, market segments, application areas, and market growth strategies.

Meat Processing Equipment Market Report Highlights

Aspects Details
Market Size By 2031
Market Size By 2031

USD 19.6 billion

Growth Rate
Growth Rate

CAGR of 4.7%

Forecast period
Forecast period

2021 - 2031

Report Pages
Report Pages

306

Meat Processing Equipment Market By Type
By Type
  • Cutting Equipment
  • Blending Equipment
  • Filling Equipment
  • Tenderizing Equipment
  • Dicing Equipment
  • Grinding Equipment
  • Smoking Equipment
  • Massaging Equipment
  • Others
Meat Processing Equipment Market By Meat Type
By Meat Type
  • Processed Pork
  • Processed Beef
  • Processed Mutton
  • Others
Meat Processing Equipment Market By Application
By Application
  • Fresh Processed Meat
  • Precooked Meat
  • Raw Cooked Meat
  • Cured Meat
  • Dry Meat
  • Raw Fermented Sausages
  • Others
Meat Processing Equipment Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, UK, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (India, China, Japan, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
Key Market Players
Key Market Players

Equipamientos Carnicos, S.L. (Mainca)., JBT Corporation, Marel, Illinois Tool Works Inc. (ITW), The Middleby Corporation, GEA Group Aktiengesellschaft, Heat and Control, Inc, Key Technology, Inc., Welbilt, Inc., Bettcher Industries, Inc.

Analyst Review

Meat processing equipment is the tools used in the food processing industry, which are designed according to the specific end-user requirements. The global meat processing equipment market is witnessing considerable growth due to changes in consumer preference toward ready-to-eat food products. In addition, an increase in demand for processed meat is anticipated to boost the demand for meat processing equipment in the near future. Major players in the market for meat processing equipment have used new product launches, ongoing innovations, and acquisitions as their key developmental strategies to meet the growing need for advanced and updated processing equipment in the meat processing sector. However, it is projected that the market expansion will be constrained by the high installation costs and integration prerequisites for the initial setup of the meat processing equipment.

In 2021, North America dominated the global market and is expected to maintain its dominance throughout the forecast period. Asia-Pacific is expected to witness high adoption of meat processing equipment due to an increase in demand for processed meat in this region, owing to the rise in small-scale meat processing firms.

Author Name(s) : Dhanraj Bharatrao Lomate | Roshan Deshmukh
Frequently Asked Questions?

The global meat processing equipment market size was valued at $12,326.1 million in 2021 and is projected to reach $19,563.2 million by 2031, registering a CAGR of 4.7% from 2022 to 2031.

The global meat processing equipment market is segmented based on type, meat type, application, and region. Based on type, the market is classified into cutting equipment, blending equipment, tenderizing equipment, filling equipment, dicing equipment, grinding equipment, smoking equipment, massaging equipment, and others. Based on meat, it is categorized into processed beef, processed pork, processed mutton, processed poultry and others. The market is categorized based on application into fresh processed meat, raw cooked meat, precooked meat, raw fermented sausages, cured meat, dried meat, and others. By region, the market is analyzed across North America (U.S., Canada and Mexico), Europe (France, Germany, UK, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia and Rest of LAMEA)

North America is the largest regional market for meat processing equipment.

The major players analyzed for the meat processing equipment market are Welbilt, Inc., GEA Group AG, The Middleby Corporation, Heat and Control, Inc., Marel, Key Technology, Inc., JBT Corporation, Illinois Tool Works Inc. (ITW), Bettcher Industries, Inc. and Equipamientos Cárnicos, S.L. (Mainca).

The global meat processing equipment market report is available on request on the website of Allied Market Research

The forecast period considered in the global meat processing equipment market report is from 2022 to 2031. The report analyzes the market sizes from 2022 to 2031 along with the upcoming market trends and opportunities. The report also covers the key strategies adopted by the key players operating in the market.

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Meat Processing Equipment Market

Global Opportunity Analysis and Industry Forecast, 2021-2031