North America 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 (U.S., Canada and Mexico) Industry Trends and Forecast to 2028
Market Analysis and Insights: North America 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 5.2% in the forecast period of 2021 to 2028 and is expected to reach USD 6,494,730.96 Thousands by 2028. The demand for meat, poultry and seafood is increased due to good management practices, new technology and streamlined production processes acting as the driving factor for the meat, poultry & seafood processing equipment market growth.
The meat, poultry and seafood processing equipment are used for the animal slaughtering, inspection of the meat, poultry and seafood products for the safety of consumption, processing of meat into other products such as sausages, ham, hot dogs, pepperoni, beef jerky, loaves and packaging and storage of the meat products. The packaging is an essential part of the meat, poultry and seafood processing because processed meat products are available in different forms.
The wide geographical expansion of the fast food outlets will increase the demand for processed meat, poultry and seafood food products which will boost the meat, poultry & seafood processing equipment market growth. The high capital investment which is required for the meat, poultry and seafood processing at each level of the value chain is projected to restrain the meat, poultry & seafood processing equipment market growth.
The automation in the food processing industry is projected to create an opportunity for the meat, poultry and seafood processing equipment due to less time required for the process, high efficiency and productivity and the reduced wastage of raw materials in the meat, poultry & seafood processing equipment market. The factors such as raw material used for the production of processing equipment, technology used and design of the equipment lead to the high cost of meat, poultry and seafood processing equipment which is projected to challenge the meat, poultry & seafood processing equipment market growth.
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.
North America Meat, Poultry & Seafood Processing Equipment Market Scope and Market Size
The meat, poultry & seafood processing equipment market is segmented into six notable segments which are based on the equipment type, process, mode of operation, application, function and processed products type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- 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. In 2021, portioning equipment segment has the largest market share owing to the factor such as the major companies are focusing on production of portioning equipment 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 dominating owing to factor 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 dominating owing to factor for 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 dominating owing to factor 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 dominating owing to factor 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 dominating owing to factor as the demand for meat products worldwide is very high which increases the demand for meat processing segment.
North America meat, poultry & seafood processing equipment market Country Level Analysis
North America meat, poultry & seafood processing equipment market is analysed and market size information is provided by the country, equipment type, process, mode of operation, application, function and processed products type as referenced above.
In North America, the U.S. 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 North America meat, poultry & seafood processing equipment market 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 North America 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 North America Meat, Poultry & Seafood Processing Equipment Market
North America 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 North America meat, poultry & seafood processing equipment market and changes in regulatory scenarios with their support for the North America meat, poultry & seafood processing equipment market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Meat, poultry, & seafood processing equipment Market Share Analysis
North America 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, North America 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 North America meat, poultry & seafood processing equipment market.
The major players covered in the meat, poultry & seafood processing equipment market report are BIRO Manufacturing Company, RZPO, Riopel Industries Inc., GEA Group Aktiengesellschaft, Apache Stainless Equipment, Ross Industries, Inc., BAADER, CTB, INC., JBT, Marel, Nowicki USA, Key Technology, Illinois Tool Works Inc., 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 North America meat, poultry & seafood processing equipment market.
For instance,
- 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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