The report "Poultry Processing Equipment Market by Type (Chicken, Turkey, Ducks), Product Type, Equipment Type (Killing & De-Feathering, Evisceration, Cut-ups, Deboning & Skinning, Marinating & Tumbling), & by Region - Global Forecast to 2020", The market is projected to reach USD 3.83 Billion by 2020, at a CAGR of 4.7% from 2015 to 2020.
Browse 89 market data Tables and 42 Figures spread through 157 Pages and in-depth TOC on "Poultry Processing Equipment Market by Type (Chicken, Turkey, Ducks), Product Type, Equipment Type (Killing & De-Feathering, Evisceration, Cut-ups, Deboning & Skinning, Marinating & Tumbling), & by Region - Global Forecasts to 2020"
Early buyers will receive 10% customization on reports.
The market is driven by factors such as increased consumption of processed food, the government support for the use of equipment in developing countries, the demand for food safety, safety of workers, environment and sustainability, the presence of small and medium enterprises in developing countries, rising raw material costs, and international trade rules.
Killing & de-feathering equipment accounted for the largest market share in 2014
Killing & de-feathering dominated the poultry processing equipment market among other equipment. This market is projected to grow at the highest CAGR from 2015 to 2020 as it is a pre-requisite in every automated poultry processing plant.
Significant growth for poultry processing equipment is observed in the Asia-Pacific region
The Asia-Pacific region is projected to be the fastest-growing market during the forecast period, due to economic growth and the shift of the preferences of the consumers towards value added food. The Asia-Pacific region, which includes countries such as China, Japan, India, Thailand, and Vietnam have witnessed an increase in the consumption rate of meat. As observed over the last decade, the demand for animal protein in these countries has increased and has become important due to the current busy life styles.
Chicken segment holds high potential for poultry processing equipment
On the basis of poultry type, the poultry processing equipment market is led by chicken, followed by duck. Chicken consumption is growing faster than other meat. It takes much less feed to produce a kilo of chicken than the equal quantity of pork or beef. In some areas around the world, religious beliefs restrict the consumption of beef and pork; however, they do not apply to poultry meat, which is one of the drivers of the poultry meat market. The chicken segment is projected to grow at the highest CAGR from 2015 to 2020.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such Marel HF (Iceland), Key Technology, Inc. (U.S.), John Bean Technologies Corporation (U.S.), CTB, Inc. (U.S.), Baader Food Processing Machinery, Inc. (Germany), Brower Equipment (U.S.), Bayle S.A. (France), CG Manufacturing and Distribution Limited (Canada), and Prime Equipment Group, Inc. (U.S.).
In terms of insights, this research report has focused on various levels of analysis; industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global poultry processing equipment market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.
M&M’s flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE