The Global Poultry Processing Equipment Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Global Poultry Processing Equipment Market is estimated to be $3.25 billion and predicted to rise to $4.10 billion with a CAGR of 4.75%. The market is segmented by Animal Type (Chicken, Turkey, Ducks), by Equipment Type (Killing & De-Feathering, Evisceration, Cut-ups, Deboning & Skinning, Marinating & Tumbling). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The market for Poultry Processing Equipment is mainly driven due to rising demand for custom fillets and portions of poultry products from fine-dining restaurants and hotels. Also, rapid evolution in consumer food preferences and rising health concerns, leading to high-protein, zero-fat diets is also driving the market growth. But, the market growth can be hampered due to high initial cost of equipment and complications for handling the machines as compared to conformist techniques.
Killing & de-feathering dominated the poultry processing equipment market among other equipment as it is a pre-requisite in every automated poultry processing plant. 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.
North America is the biggest market in terms of market share across the globe, followed by Europe. There has been a huge demand for meat in U.S. as meat is consumed on the daily basis in this region. The Poultry Processing Equipment market in the Asia-Pacific region is projected to grow at the highest CAGR, which is greatly due to economic growth and the shift of the preferences of the consumers towards value added food. Also, the demand for animal protein in the countries has increased and has become important due to the current busy life styles.
Marel HF , Key Technology, Inc., John Bean Technologies Corporation, CTB, Inc., Baader Food Processing Machinery, Inc., Brower Equipment, Bayle S.A., CG Manufacturing and Distribution Limited, and Prime Equipment Group, Inc. are the major players of Global Poultry Processing Equipment market.
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