Slaughtering Equipment Market by Type, Livestock, Automation, Process Type and Region - 2023

1. MarketsandMarkets™ Presents Slaughtering Equipment Market - Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/slaughtering-equipment-market-176187219.html

2. The report "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", The global slaughtering equipment market is estimated at USD 6.62 Billion in 2018 and is projected to reach USD 8.28 Billion by 2023, at a CAGR of 4.56% during the forecast period. The market is driven by factors such as the growth of fast food and restaurant chains; increase in demand for processed food; lenient trade policies & increase in meat exports; and technological advancements in the slaughtering equipment industry. The mechanization and automation of processes have become a necessity in order to maintain standard cut-up size and identical fillet size, which are a pre-requisite in the fast food and restaurant businesses. Moreover, slaughtering equipment manufacturers and meat processing companies are collaborating for enhanced technological advancements, thereby driving the growth of the slaughtering equipment market. Browse 73 market data Tables and 34 Figures spread through 146 Pages and in-depth TOC on "Slaughtering Equipment Market - Global Forecast to 2023“ The Asia Pacific market is projected to grow at the highest CAGR from 2018 to 2023. The Asia Pacific region witnesses a high consumption of meat in urban areas; the increase in demand for processed meat products drives the growth of the market for slaughtering equipment in the region. The market for slaughtering equipment in the Asia Pacific region is projected to be the fastest-growing globally, as economic growth and rapid urbanization increased the demand for slaughtering equipment among meat producers to meet the increasing demand of meat products in the region. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=176187219

3. The years considered for the study are as follows: • Base year: 2017 • Estimated year: 2018 • Forecast period: 2018–2023 • The killing segment, by type, estimated to account for the largest market share in 2018. • The killing segment is estimated to dominate the global slaughtering equipment market in 2018. The killing method is followed by the stunning segment. A killing machine is a pre-requisite in every automated poultry, swine, bovine, and fish processing plant, which drives the growth of this segment. • The semi-automated segment, by automation, is estimated to be the larger segment in 2018. • The semi-automated segment, by automation, is estimated to account for the larger share in 2018. Medium- and small-scale manufacturers use semi-automatic slaughtering lines, which consist of equipment such as semi-automatic deboning equipment, killing equipment, and evisceration equipment. It is widely used in slaughterhouses as it has a lower initial investment and requires low maintenance costs, which drive the demand for semi-automated slaughtering equipment among the meat producers. • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=176187219

4. Market consolidation is one of the major factors restraining the growth of the slaughtering equipment market, globally. The slaughtering industry has been experiencing consolidation during the last few decades (20-30 years), which has had a relative effect on the slaughtering equipment industry. • The key players in the global 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). • The stakeholders for slaughtering equipment market are mentioned below: • Raw material suppliers • Traders and distributors of feed processing equipment • Feed processing equipment manufacturers • Regulatory bodies • Intermediary suppliers • Feed manufacturers • Trade associations and industry bodies • Government and research organizations • Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=176187219

5. Available Customizations: • With the given market data, MarketsandMarkets offers customizations according to client-specific needs. • The following customization options are available for the report: • Product Analysis • Product matrix, which gives a detailed comparison of the product portfolios of each company • Equipment type Analysis • Further breakdown of slaughtering equipment into stunning, killing, and cut-up • Regional Analysis • Further breakdown of the Rest of Europe slaughtering equipment market into Italy, the UK, Poland, Denmark, the Netherlands, and Belgium • Further breakdown of the Rest of Asia Pacific slaughtering equipment market into Japan, Pakistan, and Indonesia • Company Information • Detailed analysis and profiling of additional market players (up to five) • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=176187219

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