Global Slaughtering Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Slaughtering Equipment Market Introduction:
"The Slaughtering Equipment Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
Slaughtering equipment are instruments that are used in poultry and meat industries for processing of various animal meats. There are different types of slaughtering equipment are used for bleeding rail and dressing rail, for bovine.
Key factors expected to drive growth of the global slaughtering equipment market is increasing demand for processed food in bulk quantities, coupled with increasing demand for processed meat, lenient trade policies, and an increasing meat exports across the globe. In addition, growing number of fast food and restaurant chains are some other factors expected to drive growth of the global slaughtering equipment market.
Furthermore, increasing demand for poultry slaughtering equipment as cut-up, deboning & skinning, and evisceration equipment coupled with low initial investment and low maintenance costs are among some of the other factors expected to drive growth of the target market over the forecast period.
However, market consolidation is one of the major factor expected to hamper growth of the global slaughtering equipment market over the forecast period.
Prominent players are focusing on collaborating with other market players in order to form effective distribution chain and expand their presence and production capacity to meet the increasing demand for meat. In addition, major players are installing fully automated slaughtering lines with advanced equipment to meet the consumer demand globally. This is among the major trend observed in the global slaughtering equipment market.
On the basis of type, killing segment is expected to dominate the global slaughtering equipment market, as this killing machine is a pre-requisite in every automated poultry, swine, bovine, and fish processing plant. On the basis of automation, semi-automated line segment is expected to dominate the target market, as it is widely used in slaughterhouses as it has a lower initial investment and requires low maintenance costs.
Based on process type, line slaughter is expected to dominate the target market and it helps to automate the complete slaughtering process, which results in better productivity. On the basis of livestock, poultry segment is expected to dominate the target market, owing to rapid growth in demand from poultry meat.
The market in North America is expected to dominate in the global slaughtering equipment market. This is primarily attributed to growing urbanization and increasing consumption of fast food and increasing number of restaurant chains in countries in the region.
The market in Asia Pacific is expected to be an emerging market for the global slaughtering equipment market, and is expected to register highest CAGR over the forecast period, owing to rising meat consumption, population growth, and increasing awareness about quality and hygienic meat products countries in the region.
Moreover, the markets in Europe, Latin America and Middle East & Africa are expected to register significant higher revenue growth in the global slaughtering equipment market over the forecast period.
GLOBAL SLAUGHTERING EQUIPMENT MARKET SEGMENTATION:
Segmentation by type:
- Deboning & skinning
- Others (Equipment for cooling & freezing, filleting, and weighing)
Segmentation by automation:
- Fully automated line
- Semi-automated line
Segmentation by process type:
- Line slaughter
- Batch slaughter
- Small-sized slaughter
Segmentation by livestock:
- Others (Ovine and caprine)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Nordischer Maschinenbau Rud. Baader GmbH + Co. KG
- Bayle J.p Ets
- Best & Donovan
- Brower Equipment Sales Inc.
- CTB Inc.
- Dhopeshwar Engineering Private Limited
- Industries Riopel Inc.
- Jarvis Equipment Ltd.
- Meatek Food Machineries India Pvt., Ltd.
- Prime Equipment Group, Inc.
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