Europe Meat Processing Equipment Market

Europe Meat Processing Equipment Market was worth USD 1.91 billion in 2021 and estimated to be growing at a CAGR of 6.81%, to reach USD 2.65 billion by 2026. The rise of this industry can be attributed to ever increasing Europe population and rising demand for protein rich processed foods. Smaller suppliers in the industry are expected to increase their distribution channels, which is expected to propel the growth of this market.

Meat Processing Equipment can perform functions like blending, cutting, massaging, tenderising, dicing, filling and smoking. Using this equipment can lead to greater efficiency, yield and quality control. Innovative machines are also coming to the market for by-products, leading to reduction in disposal costs and greater efficiency. Meat processing equipment also helps in meeting consumer demand for nourishing bone broths, sauces and soups which helps in reducing the transportation and waste costs in disposing the bones, thereby reducing the effective price of processing.

The Europe Meat Processing Equipment market is driven by factors like rising production of meat like beef, pork and veal, rising preference of customers for protein rich foods, rising Europe population and rising disposable income among others. However, the market is constrained by factors like high price of equipment, lack of skilled professionals and fragmented nature of market.

The Europe Meat Processing Equipment market is divided on the basis of product type into raw cooked, fresh processed, precooked, cured and raw fermented. By meat type, the market is divided into pork, beef, mutton and others. On the basis of type, the market is categorised into blending, cutting, tenderising, dicing, filling, grinding, massaging and smoking.

The Europe Meat Processing Equipment market is divided based on geography into United Kingdom, France, Germany, Italy and Spain. Europe has the third largest share in the world in terms of global share, after North America and Europe regions. Factors like rising global population and rising preference of customers for processed protein rich foods is expected to drive the growth of this market in the region. 

Some of the major players in the market 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.).