The global slaughtering equipment market is estimated at USD 6.62 Billion in 2017 and is projected to reach USD 8.28 Billion by 2023, at a CAGR of 4.56% during the forecast period. The key players in the slaughtering equipment market include Marel (Iceland), BADDER Group (Denmark), BAYLE SA (France), Prime Equipment Group (US), CTB (US), Brower Equipment (US), Jarvis Equipment (India), Industries Riopel (Canada), ASENA (Azerbaijan), Dhopeshwar Engineering Private Limited (India), Meatek Food Machineries (India), BANSS (Germany), Limos (Slovenia), Best & Donovan (US), and Blasau (Spain). These key players focused on various business strategies such as the new product launches, agreements, partnerships, and expansions to increase their market presence. Marel and BADDER Group are the top two companies in the slaughtering equipment market based on overall revenues, product offerings, and strategic activities related to slaughtering equipment.
Marel is engaged in the manufacturing and distribution of various equipment systems and services in the global market. It is one of the leading providers of advanced processing systems and services to the poultry, meat, and fish processing industries. The company’s poultry processing segment offers integrated systems for processing broilers, turkeys, and ducks. Its meat processing segment offers systems & equipment in the processes and functioning of stunning, killing & defeathering, and cut-up equipment, among others. The company also focuses on acquisitions as a strategy; in August 2017, Marel acquired Sulmaq (Brazil), a manufacturer of slaughtering equipment systems to strengthen its product portfolio of slaughtering equipment for poultry, fish, and meat.
BAADER Group is one of the global manufacturers and suppliers of advanced quality food processing machinery and solutions. The company sets up and designs complete processing lines for various type of slaughtering equipment. It operates its business for sectors such as poultry and fish through separator technology, weighing, and grading. The main focus of the company is to provide solutions for food safety and reduce labor costs by eliminating manual tasks through hygienic and safe automated solutions. It is the world’s most active food processing machinery manufacturing company, which focuses on delivering quality solutions related to poultry processing equipment. For instance, in May 2017, BAADER Group launched new BAADER Belly Trim equipment to reduce manual processing and labor costs. It helped the company to expand its product line of slaughtering equipment.
Slaughtering Equipment Market by Type (Stunning, Killing, Cut-up, Deboning & Skinning, Evisceration), Livestock (Poultry, Swine, Bovine, Seafood), Automation (Fully Automated, Semi-automated), Process Type, and Region - Global Forecast to 2023
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