Report Overview

The global poultry meat processing equipment market is forecasted to grow at a higher CAGR owing greatly to the increasing fast-food chains, which require pre-processed poultry products in order to supply their clients on time while adhering to high food-safety and cleanliness standards. With the growing working-class population worldwide, the acceptance and demand for fortified meats and poultry products are predicted to increase essentially owing to the high protein content in poultry products like eggs and various types of meat. Furthermore, the rise in the spending capacity of the consumer will favor the market for processed products like meat spreads which are becoming seemingly popular and, in turn, will boost the market's growth during the forecast period.

Global Poultry Meat Processing Equipment Market - Industry Trends & Forecast Report 2028

The global poultry meat processing equipment market was worth USD 3.7 billion in the year 2021. The market is projected to grow at a CAGR of 4.3% from 2022-2028 (forecast period), earning revenues of around USD 5.0 billion by the end of 2028. Growing fast food and restaurant chains, varied safety requirements requiring advanced technology, and rising poultry processors' need to upgrade and purchase new equipment are driving the growth of the market. To meet the growing demand for processed chicken meat, poultry meat processors must raise their production capacity and rate of production. This ensures that processing tasks are completed on time and that processing companies can supply higher-quality products to consumers.

Owing to the advancements in the poultry processing equipment business, the technique of processing chicken has undergone substantial modifications. Poultry processing is currently done using automated equipment that is outfitted with cutting-edge technology, such as X-ray scanners, high-speed composite alloy cutting blades, and sensors, among other things. The mechanization of this process has not only influenced and reduced labour-intensive work but has also resulted in good changes in the processing sectors' safety issues.

Poultry Meat Processing Equipment – Overview

Poultry meat processing equipment is used to transform raw poultry products fit for human consumption from live poultry. Many other improvements in meat processing technology may contribute to the expansion of the global poultry processing equipment market. Mechanization of the meat manufacturing process decreased labor costs while also improving meat quality and safety. Meat has a variety of components, including water, protein, and fat. Meat processing procedures are used to extend the shelf life of food, improve preparation, and increase flavor. To address the global demand for processed meat, many firms have entered the poultry processing equipment market, creating a demand for meat processing equipment. Poultry processing equipment is used to treat turkeys, ducks, and, most notably, chicken.

The market has a strong growth potential due to various factors, including the rapid expansion of fast food and restaurant chains, the need for sophisticated equipment driven by safety standards, and greater automation in poultry meat product manufacturing. Poultry processors must upgrade and purchase new equipment in order to supply at a faster pace according to the rising demand of the industry; these factors have boosted the growth of the global poultry meat processing equipment market, and further growth is expected owing to the new target markets like Asia-Pacific, which will further enhance the market scope.

Global Poultry Meat Processing Equipment Market Forecast and Trends

Growth Drivers

Rise in Poultry Meat Consumption and Production

The rising production and consumption of poultry meat around the world and the nutritious value of feed products are expected to drive poultry concentrate market expansion in the next years. Poultry meat concentrates are a common composition used as a feed item for poultry and other livestock. These chicken concentrates are often supplied in crumble form and are designed for a wide range of poultry feeds. Poultry concentrate is used to improve the nutritional balance of poultry feed products. The various types of poultry concentrate available on the market include energy concentrate, protein concentrate, minerals, vitamins, and additive concentrates, and they are predicted to be the key drivers for the growth of the market.

Increasing Consumption of Processed Food

The market for poultry processing equipment is being impacted by the rising consumption of processed foods, government assistance for the use of equipment in emerging nations, and consumer demand for food safety. Demand for processing equipment has risen as a result of people's rising preferences for meat eating. Due to the expanding number of millennials, working women, and consumers who want food on-the-go, there is a growth in demand for processed poultry goods including ready-to-eat and ready-to-cook meat products. Furthermore, the demand for chicken products high in protein is rising as red meat consumption declines owing to health concerns. High-quality poultry processing machinery is necessary for the processed poultry products, which will spur market expansion.

Restraints

High Cost of Equipment and Lack of Awareness of Poultry Processing Equipment

The poultry processing equipment market is predicted to face a restraint in developing nations where it is challenging to obtain sophisticated processing equipment which requires an initial high capital investment. The expansion of the poultry processing equipment market is projected to be hampered by a lack of understanding of technological improvements in the local market. Specific meat consumption variables, such as obesity risk and health concerns, can hurt the industry. Furthermore, rising raw material prices and hefty capital expenditures may have an impact on the global poultry meat processing equipment market for poultry processing equipment.

Impact of COVID-19 on Global Poultry Meat Processing Equipment Market

Almost every business has been affected by the unparalleled global public health emergency known as COVID-19, and the long-term effects are expected to have an impact on industry growth throughout the forecast period. In order to ensure that core COVID-19 concerns and potential future directions are taken into consideration when assessing future growth, there is a need to recognize that the global poultry meat processing equipment market has been affected by the global restrictions caused by the pandemic. As restrictions are withdrawn in the majority of countries where a larger part of the population is vaccinated, it is expected that the industry will achieve the compound annual growth rate (CAGR) as project in the forecast period owing to the increased awareness and demand for the healthier options like the fortified poultry meat products.

Global Poultry Meat Processing Equipment Market – By Type of Equipment

Based on the type, the global poultry meat processing equipment market has been divided into de-feathering equipment, dicing equipment, evisceration equipment, slicing equipment, deboning & skinning equipment, grinding equipment, massaging & marinating equipment, smoking equipment, tenderizing equipment, other types. Slicers led the market, in 2021. The slicer can be integrated with other meat processing equipment, such as the sliced ​​product, to improve meat hygiene. The dicer is designed to produce size-controlled cubes, slices, flakes, and strips from fresh frozen meat and lightly frozen meat. Dicer machines are commonly distinguished by total run time, blade count, and speed. With the global rise of the hospitality industry and the rising trend of barbecue restaurants, the demand for cube equipment is expected to increase during the forecast period.

Furthermore, mixers are estimated to grow at a highest CAGR during the projection period. The trend for mixed meat patties in hamburgers is growing rapidly and is in high demand due to the use of mixed meats in making tacos, sausages, meatloaf, and meatballs is used to mix and maintain product consistency. Growing demand for pies, sausages, spice pies, and other ingredients in fast food restaurant chains is expected to increase the demand for shredders. Companies are investing heavily in developing grinders with different speeds and blade sizes for different applications, boosting the growth of this segment.

Global Poultry Meat Processing Equipment Market – Regional Insights

The market is divided into five key regions: North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America. North America led the market in 2021. The growing demand for meat processing plants in the region is due to the high degree of automation in the food industry. In addition, due to its high protein content, meat is one of the most important diets in this region.

Moreover, the European market is forecast to grow due to high protein content and immune-enhancing ability demand. In addition, innovations in the food processing industry, such as integrating all process equipment into one unit to minimize labour costs and increase hygiene levels, further drive the market's growth. Asia-Pacific is projected to grow at the fastest CAGR during the forecast period, owing to an increasing population and income. In addition, increased investment by Western countries in opening fast food outlets has increased demand for meat processing equipment, boosting production levels and reducing processing times.

Competitive Landscape

The major market leaders include BAADER, Bayle SA, Brower Equipment, CTB, Inc., C.G., MFG & DIST INC, JBT(John Bean Technologies Corporation), Key Technology Inc., Marel, Prime Equipment Group, Inc., among other prominent players in the market. Major market competitors use a variety of techniques, including mergers and acquisitions, innovative therapies, and others, to stay competitive and gain an advantage over rivals. The global poultry meat processing equipment market is consolidated with the presence of several manufacturing companies globally. The market leaders retain their supremacy by spending on research and development(R&D), incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are utilized to maintain their market share.

Recent Developments

• In May 2022, BAADER announced a showcase of its new advanced products, Mid-Wing Cutter 4146, Breast Cap Deboner 660A, and BAADER Refiner 605, at VIV Europe with the aim to shape the future of poultry meat processing.

• In June 2021, JBT (John Bean Technologies Corporation) signed a definitive agreement to acquire Prevenio, a leading provider of food and safety technology.

Scope of the Report

By Type of Equipment

• De-feathering Equipment

• Dicing Equipment

• Evisceration Equipment

• Slicing Equipment

• Deboning & Skinning Equipment

• Grinding Equipment

• Massaging & Marinating Equipment

• Smoking Equipment

• Tenderizing Equipment

• Other Types

By Type of Meat

• Beef

• Chicken

• Duck

• Mutton

• Pork

• Turkey

• Other

By Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa