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According to the latest report by IMARC Group, titled “Meat Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global meat processing equipment market reached a value of US$ 14.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.3 Billion by 2027, exhibiting at a CAGR of 6.85 % during 2022-2027. Meat processing equipment represents machines that are used for converting raw meat into ready-to-eat (RTE) products for human consumption. Some commonly available variants are ovens, fillers, dicers, cutters, chillers, grinders, roasters, blenders, smokers, fryers, dryers, etc. It involves various processes, including salting, curing, smoking, or canning the meat for removing toxins and enhancing the overall reliability. Meat processing equipment offers convenient cooking, improves the taste and texture, and ensures long shelf life.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Meat Processing Equipment Market Trends:
The rising sales of convenient food products due to the elevating levels of urbanization and inflating incomes of consumers are primarily driving the global meat processing equipment market. Besides this, the introduction of fully automated meat processing equipment with an inbuilt sensor system to retain a competitive edge in the industry is also catalyzing the product demand. Furthermore, the increasing dominance of meat-based culture in numerous countries and the growing trade flow of meat are acting as other growth-inducing factors. Additionally, the increasing demand for protein-rich food products and the rising health consciousness among individuals due to the escalating prevalence of lifestyle diseases are expected to fuel the meat processing equipment market over the forecasted period.
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Global Meat Processing Equipment Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Player:
The competitive landscape of the industry has also been examined along with the profiles of the key players being:
Key Highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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