Global Poultry Processing Equipment Markets, 2022-2024 and 2024-2030: Rising Demand for Animal Protein Foods Enhances Market Prospects, Industry 4.0 to Accelerate Poultry Processing Automation

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Feb 05, 2024, 14:00 ET

DUBLIN, Feb. 5, 2024 /PRNewswire/ -- The "Poultry Processing Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Poultry Processing Equipment Market to Reach $5.5 Billion by 2030

The global market for Poultry Processing Equipment estimated at US$3.8 Billion in the year 2022, is projected to reach a revised size of US$5.5 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Chicken, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$3.3 Billion by the end of the analysis period. Growth in the Other Types segment is estimated at 4.4% CAGR for the next 8-year period.

This report provides insights into the global poultry processing equipment market, offering a comprehensive overview of key trends and market trajectories. The COVID-19 pandemic had a significant impact on the demand for sustainable animal feed, and automated technologies played a crucial role in streamlining poultry production and supply chain networks during disruptions.

The report introduces poultry processing equipment, highlighting advancements in poultry farm processes and equipment. It provides an overview and outlook for the poultry processing equipment market, emphasizing technology adoption in poultry production. Drivers and inhibitors of the market are analyzed, with segmentation by equipment type and poultry type.

Advances in automated poultry deboning machinery are explored, and the market breakdown by equipment type (such as killing & defeathering, deboning & skinning, cut-ups, marinating & tumbling, evisceration, and other equipment) and poultry type (including chicken and other types) is provided.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 6.4% CAGR

Regional analysis categorizes the world poultry processing equipment market by developed and developing regions, with rankings based on CAGR (Sales) for 2020-2027. The competitive scenario is examined, including recent market activity, select advancements by innovators, and the market share of global key competitors in 2022. The competitive market presence is categorized as strong, active, niche, or trivial for players worldwide in 2022, offering insights into the market dynamics.

The Poultry Processing Equipment market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$672 Million by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET TRENDS & DRIVERS

Safer & Faster Meat Cutting Equipment Enhance Appeal & Image
Sophisticated Deboning Technology Underpins Uptake Volumes
New and Innovative Systems Set to Widen Addressable Market
Digitalization Unveils New Opportunities
Software Tools Emerge to Streamline Poultry Processing Lines
Growing Poultry Meat Consumption Steers Momentum
Global Broiler Meat Production (Million Metric Tons RTCE): 2016-2021)
Global Broiler Meat Production by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for USA, China, Brazil, EU, Russia, India, Mexico, Thailand, Turkey, Argentina, Malaysia, and Others
Global Broiler Meat Imports by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for Japan, China, Mexico, EU, Saudi Arabia, Iraq, UAE, Philippines, South Africa, Hong Kong, USA, and Others
Global Broiler Meat Exports by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for Brazil, USA, EU, Thailand, Turkey, Ukraine, China, Russia, Belarus, Argentina, Chile, and Others
Per Capita Consumption of Poultry in Select Countries for 2017 and 2026 (in Kilograms per Person per Year)
Rising Demand for Animal Protein Foods Enhances Market Prospects
Global Demand for Animal Protein by Type (1985-2035): Decade-wise Breakdown of Volume Demand (Thousand Tonnes) for Beef, Eggs, Pork, Poultry, Seafood, and Sheep
Energy, Water, Protein and Fat Content for Meat & Eggs Vis-a-vis Grains, Fruits & Vegetables, and Beverages (per 100 grams)
Widening Role of Automation in Meat Processing Operations Augurs Well
Industry 4.0 to Accelerate Poultry Processing Automation
Automated Packaging Widens the Business Case
Expanding Global Population and Food Security Concerns Elevate Demand for Processed Meats
Global Food Scenario: Fast Facts
World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
Undernourished Population Worldwide by Geographic Region (2015): Number of Undernourished People (in Millions)
Urbanization Enhances Poultry Meat Demand
World Urban Population in Thousands: 1950-2050
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
Percentage of Urban Population in Select Countries (2016 & 2050)

FOCUS ON SELECT PLAYERS (Total 58 Featured)

Cargill, Inc.
Alfa Laval AB
GEA Group AG
Key Technology, Inc.
Marel hf.
Euragglo S.R.L.
Bettcher Industries, Inc.
CTB, Inc.
Heat and Control, Inc.
Kuhl Corporation
Nichimo Co., Ltd.
John Bean Technologies Corporation
Bayle S.A
Brower Equipment
Hobart

For more information about this report visit https://www.researchandmarkets.com/r/vzlcc8

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