Feeding the Future: Poultry Processing Equipment Market Set to Exceed US$ 7,958.3 Million by 2033

Jul 17, 2023

According to Future Market Insights, the global poultry processing equipment market will reach US$ 7,958.3 million by 2033, expanding at a 6.6% CAGR between 2023 and 2033.

The global increase in production and consumption of poultry meat products, particularly chicken meat, is driving the growth of the poultry processing equipment market. This trend is expected to continue throughout the forecast period.

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Poultry processing equipment refers to the tools and machinery used by businesses to process poultry meat on a large scale. Poultry processing machines help end users improve productivity and reduce labour costs by performing functions such as slaughtering, de-feathering, and de-boning, as well as evisceration and marinating.

Factors such as a rapidly growing population, rising disposable income, and changing lifestyles have led to an increase in the consumption of processed and ready-to-eat foods such as chicken wings, fried chicken, and chicken patties. As a result, poultry processing plants are increasing their production capacity. As a result, sales of poultry processing equipment are expected to rise rapidly over the next ten years.

Similarly, advancement in poultry processing equipment and development of cost-efficient solutions will aid in the expansion of the global poultry processing equipment market.

Key Takeaways from the Poultry Processing Equipment Market Study:

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Who is Winning?

Market leaders of Poultry Processing Equipment in the global market are Marel HF, Key Technology Inc., John Bean Technologies Corporation, CTB Inc., and Baader Food Processing Machinery Inc.

These players are adopting strategies such as new product launches, partnerships, mergers, acquisitions, and collaborations to increase sales and solidify their position in the global market.

Get Valuable Insights into Poultry Processing Equipment Market

FMI, in its new offering, provides an unbiased analysis of the Poultry Processing Equipment market presenting historical demand data (2018–2022) and forecast statistics for the period from (2023–2033). The study divulges compelling insights on the demand for Poultry Processing Equipment Market based by Equipment Type (Poultry slaughtering equipment, De-feathering equipment, De-boning machine, Cut-up machine, Evisceration equipment, tumbling equipment, marinating equipment), Application (Chicken, turkey, duck processing) across seven major regions.

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Poultry Processing Equipment Market Segmentation by category

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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