Meat processing equipment can be referred to as a component or components used for cutting, blending, tenderizing, and grinding meat products. The primary aim of this equipment is to transform a product into its processed form for increasing its shelf-life and palatability.
MarketsandMarkets projects that the global meat processing equipment market is projected to grow from USD 6.8 billion in 2019 to USD 9.7 billion by 2026, recording a compound annual growth rate (CAGR) of 5.2% during the forecast period. The growing consumer demand for processed meat products and the rising focus on food safety requirements are some of the major factors driving the market growth for meat processing equipment.
The market for massaging equipment is estimated to be the fastest-growing segment in the meat processing equipment market, by type, during the forecast period. Massaging equipment is used to marinate small-sized meat strip, which improves brine absorption and protein extraction, which later helps in binding the meat particles. Meat massagers are versatile and can process both sensitive and less-sensitive meat portion without changing its texture and size, which lead to improved meat products. Furthermore, meat massagers with intense speed processors produce perfect chunked and sectioned meat products. Factors such as enhanced shelf-life and product consistency obtained through meat massagers are expected to drive the market for this equipment.
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The semi-automatic segment is estimated to achieve the highest growth in the meat processing equipment market, by mode of operation in 2019 since developed countries, such as the US, are the largest consumers of processed meat, such as beef, which cannot be processed through fully automatic equipment due to its large size. Also, semi-automatic equipment is cost-effective and offers flexibility in processing, resulting in greater adoption and higher usage over other modes of operations.
In terms of geographical coverage, the meat processing equipment market has been segmented into five regions, namely, North America, Europe, Asia Pacific, South America, and Rest of the World (RoW). North America is projected to be the dominant region during the forecast period, owing to the presence of a large number of meat processors and meat processing equipment manufacturing companies in this region. Furthermore, the rising demand for processed meat in varied flavors, growing investment in meat processing facilities, increasing safety requirements for processed meat products, rising export to other countries, and technological innovation in the meat processing equipment are also driving the market for meat processing equipment.
The usage of artificial intelligence for processing meat is expected to have a significant impact on meat processing and is likely to provide growth opportunities to meat processing equipment manufacturers. It would aid meat processors in sorting products, adhere to food safety compliance, and develop new products as per the requirement of the end-consumer. Furthermore, this technology would help meat processors to develop new type meat cuts and streaks after analyzing consumer behavior.
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The key players in the meat processing equipment market include GEA Group (Germany), JBT Corporation (US), Marel (Iceland), Illinois Tools Work (US), The Middleby Corporation (US), Bettcher Industries (US), Equipamientos Carnicos (Spain), Biro Manufacturing Company (US), Braher (Spain), RZPO (Russia), Bizerba (Germany), Riopel Industries (Canada), Minerva Omega Group (Italy), and Risco (Italy), Millard Manufacturing Corporation (US), Apache Stainless Equipment Corporation (US), Gee Gee Foods & Packaging (India), PSS Svidnik (Presovsky), Ross Industries Inc. (US), and Metalbud Nowicki (Poland). These players have broad industry coverage and strong operational and financial strength.