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Poultry Processing Equipment Market Share and Forecast to 2025

Global Poultry Processing Equipment Market is expected to reach USD 4.7 billion by 2025, increasing at a CAGR of around 5% from USD 3.3 billion in 2020.

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Poultry Processing Equipment Market Share and Forecast to 2025

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  1. Government support and subsidiaries fuel the Global Poultry Processing Equipment Market Global Poultry Processing Equipment Market estimated to grow at a CAGR of 4.5% North America holds the lion’s share in the Global Poultry Processing Equipment Market Market overview: The global poultry processing equipment market is foreseen to reach $ 3.12 billion in 2025, an increase of 4.7 percent annually from 2020 to 2025, starting from $ 1.22 billion in 2019. The market for processed food has grown exponentially due to the rapid development of consumer foods. Increased preferences and health problems led to a diet with high protein and fat-free. Meat processing equipment is essential in the meat production process. The development of a variety of meat processing technologies is expected to promote the growth of the global market. Mechanization in the production process contributed positively to the reduction of labor, quality and safety. Recent developments: In 2019, John Bean Technologies Corporation completed the acquisition of Proseal UK Limited and Prime Equipment Group, Inc. In 2018, Cargill Inc. acquired Campollo in Colombia to expand its poultry business and its operations in Latin America. Market Drivers and Restraints: The growing demand for custom-made fillets and poultry products in restaurants and luxury hotels is supposed to strengthen the global poultry processing equipment market. Government support and subsidiaries are presumed to lead the global market in developing countries around the world. Poultry meat adoption rates and price increases have had a positive impact on the world market for meat and poultry processing equipment. Processed meat is ready to eat and saves cooking time with a busy schedule of consumers, which increases the market share of meat processing equipment worldwide. The global poultry processing equipment market is supposed to grow with consumer preference for protein-rich foods and technological advances in food processing equipment. The changes in lifestyle have led to the demand for processed meat of consumer preference to convenient and packaged protein foods and the resulting market of meat processing equipment. The increase in disposable income for middle-class consumers has had a positive impact on the world market for poultry processing equipment. The lack of knowledge of technological developments is suspected of hampering the growth of the poultry processing equipment market. Certain factors related to meat intakes, such as obesity risk and health problems, can have a negative impact on the market. To know more read: https://www.marketdataforecast.com/market-reports/poultry-processing-equipment-market Report Segmented as:

  2. Depending on the type of equipment, the global poultry processing equipment market can be divided into slaughter and suppression equipment, eviction equipment (intestinal extraction), cutting machines, stripping and skinning equipment, pickling and turning equipment, etc. By type of poultry, the poultry processing equipment market is divided into the chicken, duck, turkey, etc. Depending on the type of meat product, the market can be divided into fresh processed sausage, precooked, cooked raw, fermented raw, dried and cured. Geographical Segmentation: Geographically, North America has the highest demand for processed poultry meat and meat processing equipment. The largest market share of poultry processing equipment has been secured in the US and Canada, taking into account consumer preferences. Emerging markets are overcoming technological limitations and currently offer ample growth opportunities, especially in India, Japan, New Zealand and China. Brazilian and Argentine poultry processing equipment markets are also foreseen to grow during the forecast period. In Europe, in the United Kingdom, France, Germany and Switzerland, the increase in meat consumption is expected to create a demand for poultry processing equipment during the projection period. Key market players: Major companies in this business include Manitowoc, GEA Food Solutions, Marelhf, Cargill Inc., Tool Works, Key Technology Inc, Baader Food Processing Machinery and Waltons Co. View sample and decide: https://www.marketdataforecast.com/market-reports/poultry-processing-equipment- market/request Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well- informed decisions.

  3. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/

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