The global market for meat processing equipment is expected to increase at a CAGR of 5.2 percent from USD 6.8 billion in 2019 to USD 9.7 billion by 2026. This is due to expanding consumer demand for processed meat, premiumization of meat products, and increased food safety requirements.
In 2019, the grinding equipment segment is expected to account for the greatest market share.
In terms of value, the meat processing equipment market is expected to be dominated by the grinding equipment segment in 2019. Grinding machinery is mostly used to break down large pieces of tenderised meat into smaller bits. Bone fragments and connective components, such as tendons, are separated from muscle meat using some of the most used grinders. The increased use of grinders for a variety of products, such as minced meat, sausages, hamburgers, and other items, is propelling the market for grinding equipment.
The precooked meat category is expected to increase at the fastest rate across product types over the projection period.
Fatty tissues, head meat, liver, animal skin, blood, and other edible portions are combined to make precooked meat products. There are two stages in which this is accomplished. The raw meat is heated at a temperature of roughly 80 degrees Celsius in the first phase, and then at a temperature of 80-100 degrees Celsius in the second phase to create the final product. Because these goods include a variety of meat parts, this category includes a wide range of products. This is the primary driver of the precooked meat business, which in turn drives the precooked meat equipment market.
In 2019, the processed pork segment of the meat processing equipment market is expected to dominate.
In 2019, processed pork is expected to dominate the meat processing equipment market by meat type. Processed pork is in high demand in key markets such as North America and Europe since it is less expensive than processed beef and tastes better than processed mutton. Processed pork is also available in a variety of forms, such as ham, bacon, and sausages, which are highly popular in western nations such as France and Germany, where processed pork accounts for a considerable market share.
During the forecast period, North America is expected to account for the greatest market share.
Due to expanding demand for processed meat, increased investment in meat processing facilities, and the presence of a significant number of meat processors in this region, such as Tyson Foods, Cargill Meat Solutions Corp., and JBS USA, the North American market accounted for the highest share in 2018. In addition, the market in North America has grown as a result of the increasing number of new product launches.
Players in the Market
GEA Group (Germany), JBT Corporation (US), Marel (Iceland), Illinois Tools Work (US), The Middleby Corporation (US), Bettcher Industries (US), Equipamientos Carnicos (Spain), Biro Manufacturing Company (US), Braher (Spain), RZPO (Russia), Bizerba (Germany), Riopel Industries (Canada), Minerva Omega Group (Italy), Risco (Italy), Millard Manufacturing Corporation ( (Poland). These companies cover a wide range of industries and have strong operational and financial capabilities.
Marel constructed a new production centre in Dongen, Netherlands, in November 2019, as the previous location in Dongen no longer fulfilled modern standards. As a result, the company’s decision to build a new product centre was motivated by a desire to increase productivity.
Marel purchased Cedar Creek Company (Australia), an Australian provider of specialist software and technology for meat processors, in October 2019. This would enable the corporation to create more creative goods and extend its manufacturing capabilities.
Marel purchased a 50% investment in Curio (Iceland) in October 2019 with the goal of becoming a global supplier of innovative standard equipment for the meat sector.
JBT (US) purchased Proseal (UK) and Prime Equipment Group (US), Inc. in June 2019 to broaden its reach and product line.
In February 2019, the GEA Group (Germany) introduced the Multijector 2mm, a novel injection device for brining bacon and pig to keep them fresh for longer.
Bettcher inked a deal with Grasselli (Italy) in November 2018 for its creative product design. The agreement covers the selling of various equipment types as well as the provision of service by Bettcher personnel.
Bettcher introduced Quantum Flex Trimmers in July 2018 to boost productivity by cutting meat at a faster rate.
Minerva Omega Group purchased the Italian firm ARSA (Italy) in February 2018 to increase its product line and geographical reach.
Deboflex, a deboning and cutting tool for pork fore-ends, was introduced by Marel in February 2018.
The following are some of the report’s main points:
Who are the most important market players?
What are the meat processing equipment market’s regional growth trends and top revenue-generating regions?
What are the key regions where the market is expected to expand significantly?
What are the main types of meat processing equipment expected to grow the most in terms of revenue and market share throughout the forecast period?
Which meat items are most commonly processed with this meat processing equipment, and which sort of meat dominates the prediction period?