Asia-Pacific Meat, Poultry & Seafood Processing Equipment Market, By Equipment Type (Portioning Equipment, Frying Equipment, Filtering Equipment, Coating Equipment, Cooking Equipment, Smoking Equipment, Killing/Slaughtering Equipment, Refrigeration Equipment, High Pressure Processing (High Pressure Processor), Massaging Equipment and Others), Process (Size Reduction, Size Enlargement, Homogenization, Mixing and Others), Mode of Operation (Automatic, Semi-Automatic and Manual), Application (Fresh Processed, Raw Cooked, Precooked, Raw Fermented, Dried Meat, Cured, Frozen and Others), Function (Cutting, Blending, Tenderizing, Filling, Marinating, Slicing, Grinding, Smoking, Killing & De-Feathering, Deboning & Skinning, Evisceration, Gutting, Filleting and Others), Processed Products Type (Meat, Poultry and Seafood), Country (China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam and Rest of Asia-Pacific) Industry Trends and Forecast to 2028
Market Analysis and Insights: Asia-Pacific Meat, Poultry and Seafood Processing Equipment Market
Meat, poultry & seafood processing equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.5% in the forecast period of 2021 to 2028 and is expected to reach USD 3,787,297.78 Thousands by 2028.
Increasing consumption of processed meat, poultry and seafood products, Growing number of fast food and restaurant chains , Safety regulations generating need for sophisticated processing equipment, Technological advancements in the equipment market and Increased focus on production efficiency, processing time, and quality of food products.
The factors which are restraining the growth of the market are high capital investment, slow replacement of equipment due to longer life span. Increasing automation in the food processing industry can be the best opportunity for meat, poultry & seafood processing equipment market. High cost of machines, low infrastructure in developing countries and excessive usage of water during processing and pipe line cleaning can be the threat for the market.
This meat, poultry & seafood processing equipment market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Meat, Poultry & Seafood Processing Equipment Market Scope and Market Size
Asia-Pacific meat, poultry & seafood processing equipment market is segmented into six notable segments which are based on equipment type, process, mode of operation, application, function and processed products type.
- On the basis of equipment type, the meat, poultry, & seafood processing equipment market is segmented into portioning equipment, frying equipment, filtering equipment, coating equipment, cooking equipment, smoking equipment, killing/slaughtering equipment, refrigeration equipment, high pressure processing (high pressure processor), massaging equipment and others), process (size reduction, size enlargement, homogenization, mixing and others. In 2021, Portioning Equipment has the largest market share owing to the factors such as the major companies are focusing on production of portioning equipments due to higher demand from food processing industry.
- On the basis of process, the meat, poultry, & seafood processing equipment market is segmented into size reduction, size enlargement, homogenization, mixing and others. In 2021, size reduction segment is dominated the market owing to factors as the number steps which are included in the size reduction are more, thus the majority of operations performed are of size reduction.
- On the basis of mode of operation, the meat, poultry, & seafood processing equipment market is segmented into automatic, semi-automatic and manual. In 2021, automatic segment is dominated the market owing to factors as the high demand for automatic operations from meat processing industry.
- On the basis of application, the meat, poultry, & seafood processing equipment market is segmented into fresh processed, raw cooked, precooked, raw fermented, dried meat, cured, frozen and others. In 2021, fresh processed segment is dominated the market owing to factors as the high demand for freshly produced meat and poultry products from consumers which increases the demand for fresh processed meat products.
- On the basis of function, the meat, poultry, & seafood processing equipment market is segmented into cutting, blending, tenderizing, filling, marinating, slicing, grinding, smoking, killing & de-feathering, deboning & skinning, evisceration, gutting, filleting and others. In 2021, killing & de-feathering segment is dominated the market owing to factors as the killing & de-feathering is the primary stage involved in the meat, poultry and seafood processing.
- On the basis of processed products type, the meat, poultry, & seafood processing equipment market is segmented into meat, poultry and seafood. In 2021, meat segment is dominated the market owing to factors as the demand for meat products worldwide is very high which increases the demand for meat processing segment.
Meat, Poultry, & Seafood Processing Equipment Market Country Level Analysis
Meat, poultry, & seafood processing equipment market is analysed and market size information is provided by equipment type, process, mode of operation, application, function and processed products type.
Meat, poultry, & seafood processing equipment market on the basis of country is segmented into China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam and Rest of Asia-Pacific.
China in Asia-Pacific is expected to grow with the most promising growth rate in the forecast period of 2021 to 2028 as the major industrialist focusing to develop processed meat and poultry products due to high demand from consumers.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Meat, Poultry, & Seafood Processing Equipment
Meat, poultry, & seafood processing equipment market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in Meat, poultry, & seafood processing equipment and changes in regulatory scenarios with their support for the meat, poultry & seafood processing equipment market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Meat, Poultry, & Seafood Processing Equipment Market Share Analysis
Meat, poultry, & seafood processing equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific meat, poultry, & seafood processing equipment market.
The major players covered in the report are GEA Group Aktiengesellschaft, Gee Gee Foods & Packaging Co. Pvt. Ltd., JBT, Marel, Key Technology, The Middleby Corporation, Bettcher Industries, Inc. and BIZERBA, among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of meat, poultry & seafood processing equipment market.
- In September 2020, Key Technology entered into a partnership with Heat and Control Pty Ltd. in order to supporting customers in Australia, New Zealand and India. This development help the company to enhanced their business and generate adequate revenue.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for meat, poultry & seafood processing equipment.
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