The "Poultry Processing Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The latest comprehensive analysis on the Poultry Processing Equipment sector projects a promising growth forecast, with expectations for the global market to reach an impressive $5.5 billion valuation by the year 2030.
This growth trajectory represents a steady compound annual growth rate (CAGR) of 4.7% during the period of 2022-2030. Significant growth is being driven by the Chicken processing segment, which is anticipated to expand at a 5% CAGR, reaching a market size of $3.3 billion by the close of the analysis period.
The geographical landscape of the market reveals diverse growth patterns, with the United States market currently valued at $1.2 billion. On the horizon, China is emerging as a powerful growth engine, forecasted to grow at an impressive 6.4% CAGR, indicating burgeoning market opportunities in the region up to 2030. Other geographies such as Japan and Canada are also slated for robust growth rates of 3.8% and 4.4% respectively. The European market, with Germany at the helm, is projected to witness a solid growth rate of approximately 3.9% CAGR.
Market Dynamics:
Against a backdrop of an improving global economy, there exists a convergence of factors that continue to shape the Poultry Processing Equipment market. These include but are not limited to the geopolitical uncertainties, fluctuating inflation rates, and the ongoing adjustments in consumer spending patterns. The market sentiment sways with the global economic resurgence and the interplay of economic challenges and technological advancements.
The uncertainties coursing through the economic veins of the world are met with resilience and agility from businesses that are adept at navigating the complexities of the current economic climate. Developments in emerging technologies such as AI, quantum computing, and renewable energy sources present a silver lining for investment landscapes globally, offering a beacon of growth in midst of these challenging economic times.
This comprehensive report offers in-depth analysis and a forward-looking perspective on the global economic climate and market sentiments, including an interactive peer-to-peer platform for collaborative updates. Readers are equipped with key insights into market competitiveness, geographic market presence, and an access to a wellspring of knowledge encompassing CEOs' perspectives, expert analyses, and a rich tapestry of market influencers' statements, all adding to the report's robustness.
The Poultry Processing Equipment market's journey is charted meticulously in this report, brimming with rich data and strategic insights, poised to offer invaluable intelligence for stakeholders, investors, and market players aiming to navigate the turbulences and tap into emerging opportunities in this dynamic sector.
Key Findings:
- The global market landscape is being reshaped by the demand for poultry processing equipment, with innovative solutions driving the sector forward.
- Strategic business analysis highlights various competitive market players, with a selection of 58 featured companies that shape the industry's dynamics.
- Geo-economic forecasts underline variable growth rates across major markets, spotlighting the U.S and China as significant contributors.
Key Attributes:
Report Attribute | Details |
No. of Pages | 353 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $3.8 Billion |
Forecasted Market Value (USD) by 2030 | $5.5 Billion |
Compound Annual Growth Rate | 4.7% |
Regions Covered | Global |
MARKET TRENDS & DRIVERS
- Safer & Faster Meat Cutting Equipment Enhance Appeal & Image
- Sophisticated Deboning Technology Underpins Uptake Volumes
- New and Innovative Systems Set to Widen Addressable Market
- Digitalization Unveils New Opportunities
- Software Tools Emerge to Streamline Poultry Processing Lines
- Growing Poultry Meat Consumption Steers Momentum
- Global Broiler Meat Production (Million Metric Tons RTCE): 2016-2021)
- Global Broiler Meat Production by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for USA, China, Brazil, EU, Russia, India, Mexico, Thailand, Turkey, Argentina, Malaysia, and Others
- Global Broiler Meat Imports by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for Japan, China, Mexico, EU, Saudi Arabia, Iraq, UAE, Philippines, South Africa, Hong Kong, USA, and Others
- Global Broiler Meat Exports by Region/Country (2021): Percentage Breakdown of Production Volume (Ready to Cook Equivalent) for Brazil, USA, EU, Thailand, Turkey, Ukraine, China, Russia, Belarus, Argentina, Chile, and Others
- Per Capita Consumption of Poultry in Select Countries for 2017 and 2026 (in Kilograms per Person per Year)
- Rising Demand for Animal Protein Foods Enhances Market Prospects
- Global Demand for Animal Protein by Type (1985-2035): Decade-wise Breakdown of Volume Demand (Thousand Tonnes) for Beef, Eggs, Pork, Poultry, Seafood, and Sheep
- Energy, Water, Protein and Fat Content for Meat & Eggs Vis-a-vis Grains, Fruits & Vegetables, and Beverages (per 100 grams)
- Widening Role of Automation in Meat Processing Operations Augurs Well
- Industry 4.0 to Accelerate Poultry Processing Automation
- Automated Packaging Widens the Business Case
- Expanding Global Population and Food Security Concerns Elevate Demand for Processed Meats
- Global Food Scenario: Fast Facts
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Undernourished Population Worldwide by Geographic Region (2015): Number of Undernourished People (in Millions)
- Urbanization Enhances Poultry Meat Demand
- World Urban Population in Thousands: 1950-2050
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
- Percentage of Urban Population in Select Countries (2016 & 2050)
A selection of companies mentioned in this report includes
- Cargill, Inc.
- Alfa Laval AB
- GEA Group AG
- Key Technology, Inc.
- Marel hf.
- Euragglo S.R.L.
- Bettcher Industries, Inc.
- CTB, Inc.
- Heat and Control, Inc.
- Kuhl Corporation
- Nichimo Co., Ltd.
- John Bean Technologies Corporation
- Bayle S.A
- Brower Equipment
- Hobart
For more information about this report visit https://www.researchandmarkets.com/r/ue8yg1
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240206938914/en/
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