Below are some of the key findings from this poultry processing equipment market analysis report:
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global poultry processing equipment industry overview
The increasing demand for processed poultry products is driving the global poultry processing equipment market. There is an increase in demand for processed poultry products such as ready-to-eat and ready-to-cook meat products because of the growing millennial population, the rising population of working women, and on-the-go consumption habits. Moreover, the reduction in the consumption of red meat due to the health-related issues is increasing the demand for protein-rich poultry products. The processed poultry products require high-quality poultry processing equipment, which will drive market growth.
Also, new product launches will positively impact the global poultry processing equipment market. These new products possess advanced technology and features which will help vendors improve their competitive advantage in the market as they will increase efficiency and productivity. Thus, the increasing demand for processed poultry products coupled with new product launches will drive the poultry processing equipment market to grow at a CAGR of close to 6% during the forecast period.
Top poultry processing equipment companies covered in this report
The global poultry processing equipment market is highly concentrated. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this poultry processing equipment market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading poultry processing equipment companies, including:
- BAADER
- BFE Services
- Cantrell
- Marel
- Meyn
- Prime Equipment Group
Poultry processing equipment market segmentation based on application
- Poultry processing equipment for chicken
- Poultry processing equipment for turkey
- Poultry processing equipment for duck
- Poultry processing equipment for other birds
A rise in popularity of boneless and skinless chicken and the rise in consumer preference of such products will lead to an increase in demand for chicken processing equipment during the forecast period.
Poultry processing equipment market segmentation based on region
- The Americas
- APAC
- EMEA
The Americas accounted for the largest poultry processing equipment market share in 2017. This can be attributed to the increasing government support for the poultry processing industry across the Americas. The Americas is expected to remain the market leader for the next five years.
Key highlights of the global poultry processing equipment market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the poultry processing equipment market during the next five years
- Precise estimation of the global poultry processing equipment market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the poultry processing equipment industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of poultry processing equipment companies
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