Meat & Poultry Processing Equipment Market - By Meat Type (Beef, Pork, Chicken), By Processing Type (Fresh Processed Meat, Raw-Cooked Meat, Precooked Meat, Raw-Fermented Meat, Cured Meat, Dried Meat), By Equipment & Forecast, 2023-2032

Meat & Poultry Processing Equipment Market Size

Meat & Poultry Processing Equipment Market reached USD 16.89 billion in 2023 and is set to register 6.5% CAGR between 2024 and 2032. Sustainability is a major growth driver in the market. Increasing consumer awareness and regulatory pressures are pushing companies to adopt sustainable practices throughout their operations. This includes reducing carbon footprints, minimizing water and energy consumption, and implementing waste reduction initiatives.
 

For instance, In September 2023, JFC forged a partnership with Cargill, a global leader in food and agriculture, aimed at advancing towards a sustainable future. This collaboration gained momentum in 2017 with the establishment of C-Joy Poultry Meats Production Incorporated, a joint venture between the two companies.
 

By embracing sustainability, companies not only enhance their brand reputation and consumer loyalty but also mitigate risks associated with environmental regulations. Moreover, sustainable practices can lead to cost savings through efficiency improvements and access to new market opportunities driven by consumer preferences for ethically sourced and environmentally friendly products. As the demand for sustainable meat and poultry products continues to rise, integrating sustainability into business strategies has become essential for long-term growth and competitiveness in the market.
 

In addition increasing consumer demand for protein-rich diets is another growth driver. As awareness grows about the importance of protein in a balanced diet, consumers seek meat and poultry products as primary sources of high-quality protein. This trend is fueled by shifting dietary preferences towards healthier lifestyles, including low-carb and high-protein diets. Manufacturers are responding by diversifying their product offerings to include leaner cuts of meat, processed meats with enhanced protein content, and convenient, protein-rich meal options. Additionally, innovations in processing technologies are improving the nutritional profiles and taste of meat products, catering to evolving consumer preferences. As the demand for protein-rich diets continues to rise globally, the meat and poultry processing industry is well-positioned to capitalize on this trend by offering nutritious and appealing products that meet consumer expectations for taste, convenience, and health benefits.
 

Rising operational costs present a significant restraint in the meat and poultry processing market. Factors such as increasing labor costs, energy expenses, and transportation fees contribute to higher overall production costs for manufacturers. Moreover, stringent compliance with food safety regulations and sustainability standards adds to operational expenditures. These rising costs can impact profit margins and pricing strategies, making it challenging for companies to maintain competitiveness in the market. As a result, industry players continuously seek efficiencies in production processes and supply chain management to mitigate the impact of rising operational costs and sustain profitability in a competitive environment.
 

Meat & Poultry Processing Equipment Market Trends

Industry collaborations, acquisitions, and mergers are emerging as major trends in the market. Companies are increasingly forming strategic alliances and partnerships to leverage complementary strengths, enhance technological capabilities, and expand market presence. These collaborations facilitate access to new markets, distribution channels, and technologies while enabling shared resources and expertise to navigate regulatory complexities and operational challenges.
 

Additionally, mergers and acquisitions are prevalent strategies among market players seeking to consolidate their positions, achieve economies of scale, and capitalize on synergies to drive growth and profitability. By pooling resources and expertise through strategic collaborations and mergers, companies in the meat and poultry processing industry are better positioned to address evolving consumer preferences, regulatory requirements, and competitive pressures in a rapidly changing market landscape.
 

For instance, in February 2024, Cargill acquired two case-ready meat plants from Infinity Meat Solutions, a subsidiary of Ahold Delhaize USA. The facilities include a 209,000-square-foot plant in North Kingstown, RI, which opened in October 2020, and a plant in Camp Hill, PA, which employs 800 workers and produces up to 2 million lbs of beef and pork products weekly. Financial terms of the transaction were not disclosed.
 

Another significant trend is the growing preference for organic and sustainable meat products. Consumers are increasingly prioritizing products that are produced using environmentally friendly practices, such as organic farming methods and sustainable sourcing of ingredients.
 

This trend is driven by heightened awareness of health and environmental concerns, as well as ethical considerations regarding animal welfare and the impact of food production on ecosystems. As a result, manufacturers and retailers are expanding their offerings of organic and sustainably sourced meat products to meet this growing demand. This shift toward organic and sustainable options is influencing consumer purchasing decisions and shaping industry practices toward more environmentally and socially responsible production methods.
 

Meat & Poultry Processing Equipment Market Analysis

Based on meat type, the market is divided into beef, pork, and chicken. Pork accounted for a market share of USD 6.22 billion in 2023 and will exhibit 6.7% CAGR through 2032 due to its affordability, taste, and versatility in culinary applications. The growing popularity of processed pork products, such as sausages, bacon, and ham, is driving demand in this segment. Moreover, advancements in pork processing techniques have improved product quality and safety, further boosting consumer confidence and consumption. As a result, the pork segment will continue its strong performance and contribute significantly to the overall market growth.
 

Beef is another emerging segment, driven by its rich taste, high nutritional value, and versatility in various cuisines. The market is witnessing a growing preference for premium beef products, such as grass-fed and organic beef, which are perceived as healthier and more sustainable options. Additionally, the expansion of fast-food chains and restaurants offering beef-based dishes is further propelling demand. Innovations in beef processing, including better marination and preservation techniques, are also enhancing product appeal and boosting market growth.
 

Based on type, the meat & poultry processing equipment market is categorized into Fresh Processed Meat, Raw Cooked Meat, Pre-cooked Meat, Raw-Fermented Meat, Cured Meat, and Dried Meat.  Fresh processed meat accounted for USD 4.72 billion in 2023 and will grow at 6.8% CAGR through 2032. This segment includes fresh sausages, burgers, and kebabs, which are minimally processed to retain their natural flavors and textures.
 

The demand for fresh processed meat is driven by the increasing home cooking trends and the shifting consumer preference for ready-to-cook products. Additionally, advancements in packaging technologies that extend the shelf life of fresh processed meat without the need for preservatives are further fueling market growth. As consumers continue to seek convenient yet high-quality meat products, the fresh processed meat segment will see significant growth.
 

The raw cooked meat is another emerging segment, which includes products that require partial cooking and minimal preparation. These products, such as cooked ham and pre-cooked chicken, offer convenience to consumers who desire quick and easy meal solutions. The segment is benefiting from the increasing demand for ready-to-eat and easy-to-prepare food products, particularly among busy urban populations. Innovations in cooking and preservation techniques are ensuring that raw cooked meat products maintain their quality and taste, further driving consumer preference and market expansion.
 

Asia Pacific dominated the meat & poultry processing equipment market in 2023. It generated a revenue of USD 7.02 Billion in 2023 and is set to grow at 7.9% CAGR during the forecast period. The growth is driven by rapid urbanization, increasing disposable incomes, and changing dietary habits. Countries such as China, India, and Japan are witnessing a surge in demand for processed meat products, fueled by the growing middle class and expanding retail infrastructure.
 

Additionally, the presence of a large population base and increasing meat consumption are creating lucrative opportunities for market players in the region. Government initiatives to improve food safety and quality standards are also contributing to market growth. As a result, the Asia Pacific region could register the highest growth rate in the meat and poultry processing market over the forecast period.
 

In the Asia Pacific region, Japan stands as a pivotal market, driven by its high demand for premium quality and processed meat products. The country's advanced technology and stringent food safety standards contribute to its robust meat processing industry. Consumer preferences in Japan lean towards convenience and quality, leading to a growing market for ready-to-eat and pre-cooked meat products.
 

Additionally, the rising popularity of Western-style fast food and increasing health consciousness is further boosting the demand for processed meat. As a result, Japan continues to be a key player in the regional meat and poultry processing market, with substantial growth prospects.
 

Meat & Poultry Processing Equipment Market Share

Prominent players, such as JBS, Cargill, and Tyson Foods, play integral roles in driving growth and innovation within the Meat & Poultry Processing market. Their main growth strategies include mergers and acquisitions to enhance market share and geographic reach. They invest in research and development to innovate products and processes. Strategic partnerships and collaborations help them access new technologies or markets.
 

Diversifying product offerings allows them to meet evolving consumer preferences. They also invest in sustainable practices to align with regulatory requirements. Additionally, they cater to consumer demand for environmentally responsible products. Besides, optimizing operational efficiencies and supply chain management play crucial roles in driving growth and maintaining competitive advantages in the dynamic meat processing industry.
 

Meat & Poultry Processing Equipment Market Companies

Major players operating in the meat & poultry processing equipment industry include:

• BRF S.A.
• Cargill, Inc.
• Hormel Foods Corporation
• JBS S.A.
• Marfrig Global Foods S.A.
• NH Foods Ltd.
• Pilgrim's Pride Corporation
• Sanderson Farms, Inc.
• Smithfield Foods, Inc.
• Tyson Foods, Inc.
   

Meat & Poultry Processing Equipment Industry News

• In April 2024, Olymel management confirmed the closure of its Saint-Jean-sur-Richelieu plant, processing poultry products. The decision follows a decline in production volumes, resulting in the plant operating at just 40% capacity.
   
• In September 2023, Central Valley announced its intention to acquire Cargill Meat Solutions’ beef processing plant in Calif., with details of the transaction remaining undisclosed. The acquisition aims to bolster Central Valley's processing capabilities, enabling the company to better serve market demand in the region.
   

The Meat & Poultry Processing Equipment Market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Million) (Tons) from 2021 to 2032, for the following segments:

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Market, By Meat Type

• Beef
• Pork
• Chicken
• Others

Market, By Type

•  Fresh Processed Meat
• Raw-Cooked Meat
• Precooked Meat
• Raw-Fermented Meat
• Cured Meat
• Dried Meat

Market, By Equipment:

• Killing & Defeathering
• Evisceration
• Cut-up
• Deboning & Skinning
• Marinating & Tumbling
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA