Meat Processing Equipment Market by Type (Cutting, Blending, Tenderizing, Filling, Dicing, Grinding, Smoking), Meat Type (Beef, Pork, Mutton), and Product Type (Fresh Processed, Raw Cooked, Precooked, Raw Fermented, Cured) - Global Forecast to 2022
The meat processing equipment market is projected to grow at a CAGR of 7.03% from 2016 to 2022, to reach USD 14.59 Billion by 2022. The base year considered for the study is 2015 and the forecast years include 2016 to 2022. The basic objective of the report is to define, segment, and project the global market size for meat processing equipment on the basis of type, meat type, product type, and region. It also helps to understand the structure of the meat processing equipment market by identifying its various subsegments. Other objectives are analyzing the opportunities in the market for stakeholders, providing a competitive landscape of market trends, and analyzing the macro and micro indicators of this market to provide factor analysis and to project the size of the meat processing equipment market and its submarkets, in terms of value.
This report includes estimations of market sizes for value (USD million). Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global meat processing equipment market and to estimate the size of various other dependent submarkets in the overall market. The key players in the market have been identified through secondary research, some of the sources are press releases, paid databases such as Factiva and Bloomberg, annual reports, and financial journals; their market share in respective regions have also been determined through primary and secondary research. All percentage shares, splits, and breakdown have been determined using secondary sources and were verified through primary sources. The figure below shows the breakdown of profiles of industry experts who participated in the primary discussions.
To know about the assumptions considered for the study, download the pdf brochure
Key participants in the supply chain of the meat processing equipment market are meat processing equipment manufacturers, raw material manufacturers for meat processing equipment and distributors & retailers. The key players that are profiled in the report include GEA Group AG (Germany), JBT Corporation (U.S.), Key Technology Inc. (U.S.), Heat and Control, Inc. (U.S.), and Marel (Iceland), Illinois Tool Works Inc. (U.S.), and The Manitowoc Company, Inc. (U.S.).
This report is targeted at the existing players in the industry, which include the following:
- Manufacturers, importers & exporters, traders, distributors, and suppliers of meat processing equipment
- Meat producers
- Livestock research organizations
- Government authorities
“The study answers several questions for stakeholders, primarily which market segments to focus on in next two to five years for prioritizing efforts and investments”.
Scope of the Report
On the basis of Type, the market has been segmented as follows:
- Cutting equipment
- Blending equipment
- Tenderizing equipment
- Filling equipment
- Dicing equipment
- Grinding equipment
- Smoking equipment
- Massaging equipment
- Other equipment
On the basis of Meat Type, the market has been segmented as follows:
- Processed beef
- Processed pork
- Processed mutton
On the basis of Method of Product Type, the market has been segmented as follows:
- Fresh processed meat
- Raw cooked meat
- Precooked meat
- Raw-fermented meat
- Cured meat
- Dried meat
- Others
On the basis of Region, the market has been segmented as follows:
- North America
- Europe
- Asia-Pacific
- RoW
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.
The following customization options are available for the report:
Regional Analysis
- Further country specific data and its market analysis
Company Information
- Detailed analysis and the profiling of additional market players (Up to five)
The meat processing equipment is projected to grow at a CAGR of 7.03% from 2016 to 2022, to reach a projected value of USD 14.59 Billion by 2022. Meat processing equipment have become prominent in the recent years, due to the increase in the demand for various processed meat products, ready-to-eat, packaged meat products, and rise in safety regulations generating the need for sophisticated equipment.
The type segment of the meat processing equipment market was led by cutting equipment and followed by blending and tenderizing equipment respectively. Massaging equipment is projected to have the highest growth rate as it is known to ensure fast and homogeneous formulation and to develop specific color of the meat product.
Among the meat type, processed pork accounted for the largest market share in 2015. The processed pork segment accounted for the largest market share in 2015. This is due to the rising demand for various processed pork products such as hamburgers, sausages, bacon, and trotters. These meat products are most widely consumed in North America, and thus affecting the meat processing equipment market in this region.
The product type of the global market was led by fresh processed segment and followed by raw cooked and precooked meat products, respectively. Due to the rising urban population and working segment in the society, there is a shift towards fresh processed meat products, as it saves cooking time.
North America accounted for the largest market share for meat processing equipment, the U.S. being the fastest growing in the region, from 2016 to 2022. Rest of the World is projected to be the fastest-growing market for the period considered for this study, due to the high adoption rate of meat processing equipment and high level of exports of these products to the these region. The meat processing equipment market in countries such as South Africa and Argentina are projected to grow at the highest CAGR, during the forecast period. The meat processing equipment market in Asia-Pacific is driven by the significant rise in the consumption rate of packaged meat and ready-to-eat meat products, making it one of the lucrative markets.
Increasing cost of raw materials and logistics is one of the restraints for meat processing equipment market.
GEA Group AG (Germany) is one of the key players in the meat processing equipment and focuses on strengthening its equipment product portfolio by continuously introducing new products and acquiring companies that help in expanding its production capacity of different types of equipment for further meat processing. The company’s core competencies are strong product portfolio for equipment market and global footprint for meat processing equipment products. Recently, the company has launched GEA PerformancePlu, a new concept, which would provide its customers monitoring services, comprehensive analysis reports, and reliable optimization recommendations for sustainable equipment utilization.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.4 Periodization Considered for the Study
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 16)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions & Limitation
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary (Page No. - 25)
4 Premium Insights (Page No. - 29)
4.1 Attractive Opportunities in this Market
4.2 North America Meat Processing Equipment Market, By Type and By Country
4.3 Meat Processing Equipment Market: Major Countries
4.4 Meat Processing Equipment Market, By Meat Type
4.5 Meat Processing Equipment Market Life Cycle Analysis, By Region
5 Market Overview (Page No. - 34)
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Meat Type
5.2.3 By Product Type
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increased Demand for Processed Meat
5.3.1.2 Safety Regulations Generates the Need for Sophisticated Equipment
5.3.2 Restraints
5.3.2.1 Increasing Costs of Raw Materials and Logistics
5.3.3 Opportunities
5.3.3.1 New Target Markets: Asia-Pacific and RoW
5.3.4 Challenges
5.3.4.1 Infrastructural Challenges in Developing Countries
6 Meat Processing Equipment Market, By Type (Page No. - 40)
6.1 Introduction
6.2 Cutting Equipment
6.3 Blending Equipment
6.4 Tenderizing Equipment
6.5 Filling Equipment
6.6 Dicing Equipment
6.7 Grinding Equipment
6.8 Smoking Equipment
6.9 Massaging Equipment
6.10 Other Equipment
7 Meat Processing Equipment Market, By Meat Type (Page No. - 48)
7.1 Introduction
7.2 Processed Beef
7.3 Processed Pork
7.4 Processed Mutton
7.5 Others
8 Meat Processing Equipment Market, By Product Type (Page No. - 54)
8.1 Introduction
8.2 Fresh Processed Meat
8.3 Raw Cooked Meat
8.4 Precooked Meat
8.5 Raw Fermented Sausages
8.6 Cured Meat
8.7 Dried Meat
8.8 Others
9 Meat Processing Equipment Market, By Region (Page No. - 58)
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 U.K
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Vietnam
9.4.5 Thailand
9.4.6 Australia & New Zealand
9.4.7 Rest of Asia Pacific
9.5 Rest of the World (RoW)
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Egypt
9.5.4 South Africa
9.5.5 Rest of RoW
10 Competitive Landscape (Page No. - 88)
10.1 Overview
10.2 Meat Processing Equipment Market: Company Ranking (Developments)
10.3 Competitive Situation & Trends
10.3.1 Mergers & Acquisitions
10.3.2 New Product Launches
10.3.3 Agreements & Partnerships
10.3.4 Expansions & Investments
11 Company Profiles (Page No. - 97)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
11.1 GEA Group AG
11.2 JBT Corporation
11.3 Key Technology Inc.
11.4 Marel
11.5 Heat and Control, Inc.
11.6 Illinois Tool Works Inc.
11.7 Manitowoc
11.8 The Middleby Corporation
11.9 Bettcher Industries, Inc.
11.10 Equipamientos Cárnicos, S.L. (Mainca)
*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 127)
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Related Reports
12.5 Author Details
List of Tables (67 Tables)
Table 1 Meat Processing Equipment Market Size, By Type, 2014–2022 (USD Million)
Table 2 Cutting Equipment Market Size, By Region, 2014–2022 (USD Million)
Table 3 Blending Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 4 Tenderizing Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 5 Filling Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 6 Dicing Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 7 Grinding Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 8 Smoking Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 9 Massaging Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 10 Other Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 11 Meat Processing Equipment Market Size, By Meat Type, 2014-2022 (USD Million)
Table 12 Processed Beef Market Size, By Region, 2014-2022 (USD Million)
Table 13 Processed Pork Market Size, By Region, 2014-2022 (USD Million)
Table 14 Processed Mutton Market Size, By Region. 2014-2022 (USD Million)
Table 15 Other Processed Meat: Market Size, By Region, 2014-2022 (USD Million)
Table 16 Meat Processing Equipment Market Size, By Product Type, 2014–2022 (USD Million)
Table 17 Market Size, By Region, 2014-2022 (USD Million)
Table 18 U.S: Meat Processing Equipment Market Size, By Type, 2014-2022 (USD Million)
Table 19 North America: Meat Processing Equipment Market Size, By Geography, 2014-2022 (USD Million)
Table 20 North America: Market Size, By Meat Type 2014-2022 (USD Million)
Table 21 North America: Cutting Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 22 North America: Blending Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 23 North America: Tenderizing Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 24 North America: Filling Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 25 North America: Dicing Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 26 North America: Grinding Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 27 North America: Smoking Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 28 North America: Massaging Machine Market Size, By Country, 2014-2022 (USD Million)
Table 29 North America: Other Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 30 Europe: Meat Processing Equipment Market Size, By Meat Type 2014-2022 (USD Million)
Table 31 Europe: Cutting Equipmrnt Market Size, By Country, 2014-2022 (USD Million)
Table 32 Europe: Blending Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 33 Europe: Tenderizing Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 34 Europe: Filling Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 35 Europe: Dicing Equipment Market Size, By Country Type, 2014-2022 (USD Million)
Table 36 Europe: Grinding Equipment Market Size, By Country 2014-2022 (USD Million)
Table 37 Europe: Smoking Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 38 Europe: Massaging Market Size, By Method of Application, 2014-2022 (USD Million)
Table 39 Europe: Other Equipments Market Size, By Method of Application, 2014-2022 (USD Million)
Table 40 Asia-Pacific: Meat Processing Equipment Market Size, By Region, 2014-2022 (USD Million)
Table 41 Asia-Pacific: Market Size, By Meat Type 2014-2022 (USD Million)
Table 42 Asia-Pacific: Cutting Equipmrnt Market Size, By Country, 2014-2022 (USD Million)
Table 43 Asia-Pacific: Blending Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 44 Asia-Pacific: Tenderizing Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 45 Asia-Pacific: Filling Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 46 Asia-Pacific: Dicing Equipment Market Size, By Country Type, 2014-2022 (USD Million)
Table 47 Asia-Pacific: Grinding Equipment Market Size, By Country 2014-2022 (USD Million)
Table 48 Asia-Pacific: Smoking Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 49 Asia-Pacific: Massaging Market Size, By Country, 2014-2022 (USD Million)
Table 50 Asia-Pacific: Other Equipments Market Size, By Country, 2014-2022 (USD Million)
Table 51 RoW: Meat Processing Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 52 RoW: Market Size, By Meat Type 2014-2022 (USD Million)
Table 53 RoW:Cutting Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 54 RoW:Blending Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 55 RoW:Tenderizing Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 56 RoW:Filling Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 57 RoW:Dicing Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 58 RoW:Grinding Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 59 RoW:Smoking Equipment Market Size, By Country, 2014-2022 (USD Million)
Table 60 RoW:Massaging Market Size, By Country, 2014-2022 (USD Million)
Table 61 RoW:Other Equipments Market Size, By Country, 2014-2022 (USD Million)
Table 62 New Product Launches: Leading Approach of Key Players (2010–2016)
Table 63 Global Meat Processing Equipment Market: Company Rankings (2010–2016)
Table 64 Mergers & Acquisitions, 2010-2016
Table 65 New Product Launches, 2010-2016
Table 66 Agreements & Partnerships, 2010-2016
Table 67 Expansions & Investments, 2010–2016
List of Figures (36 Figures)
Figure 1 Market Segmentation
Figure 2 Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Meat Processing Equipment Market Size, By Type, 2016 vs 2021 (USD Million)
Figure 7 Processed Beef is Projected to Be the Best Market for Investments During the Forecast Period
Figure 8 Fresh Processed Meat Segment is Projected to Dominate the Market Through 2022
Figure 9 North America Dominated the Meat Processing Equipment Market in 2015
Figure 10 Technological Advancements of Meat Processing Equipment Provide Opportunities in This Market
Figure 11 North America Would Be the Largest Market for Meat Processing Equipment in 2016
Figure 12 Vietnam is Projected to Be the Fastest-Growing Country-Level Market for Meat Processing Equipment From 2016 to 2022
Figure 13 North America Would Dominate the Meat Processing Equipment Market Across All Meat Types in 2016
Figure 14 Meat Processing Equipment Market in RoW is Experiencing High Growth
Figure 15 Meat Processing Equipment Market: By Type
Figure 16 Market: By Meat Type
Figure 17 Market: By Product Type
Figure 18 Meat Processing Equipment Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 North America is Projected to Dominate the Cutting Equipment Market During the Forecast Period
Figure 20 Processed Pork Segment is Projected to Dominate the Market During the Forecast Period
Figure 21 North America to Remain the Largest Market Through 2022 (USD Million)
Figure 22 Meat Processing Equipment Market Size, By Product Type, 2016-2022 (USD Million)
Figure 23 Regional Snapshot: Markets in South Africa and Argentina are Emerging as New Hot Spots
Figure 24 North American Meat Processing Equipment Market Snapshot: U.S. is Projected to Grow at A High Rate Between 2016 & 2022
Figure 25 RoW: Meat Processing Equipment Market Snapshot
Figure 26 GEA Group AG : Company Snapshot
Figure 27 GEA Group: SWOT Analysis
Figure 28 JBT Corporation: Company Snapshot
Figure 29 JBT Corporation: SWOT Analysis
Figure 30 Key Technology: Company Snapshot
Figure 31 Key Technology Inc.: SWOT Analysis
Figure 32 Marel: Company Snapshot
Figure 33 Marel.: SWOT Analysis
Figure 34 Iilinois Tool Works Inc.: Company Snapshot
Figure 35 Manitowoc: Company Snapshot
Figure 36 Middleby Corporation: Company Snapshot
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Meat Processing Equipment Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Meat Processing Equipment Market