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Meat and Poultry Processing Equipment Market Trends

  • Report ID: GMI4956
  • Published Date: Nov 2024
  • Report Format: PDF

Meat & Poultry Processing Equipment Market Trends

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

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

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of meat & poultry processing equipment reached USD 18.1 billion in 2024 and is set to grow at a 6.1% CAGR from 2025 to 2034, driven by the increasing emphasis on sustainability.

The pork segment led the market with revenues of approximately USD 6.6 billion in 2024 and is projected to reach USD 12.3 billion by 2034, led by high global demand, especially in Asia-Pacific and Europe.

China

Key players include JBT Corporation, Marel HF, CG Manufacturing & Distribution, Key Technology Inc

Meat & Poultry Processing Equipment Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 24
  • Tables & Figures: 300
  • Countries covered: 19
  • Pages: 220
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