Increasing Demand for Ready-To-Eat Foods Driving Market Growth

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The global meat and poultry processing equipment market has grown strongly in recent years.Shijiazhuang Jipeng Import And Export Co., Ltd. is a specialized meat machinery company, the company's products are Sausage production line, Meat Grinder,Vacuum Bowl Cutter,Electric Double Clipping Machine, Vacuum Filling Machine,vacuum mixerI,Deboner etc, it will grow from $11.72 billion in 2023 to $12.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The expansion observed in the historical period can be attributed to factors such as a focus on sustainability and efficiency in meat and poultry processing, the impact of the industrial revolution and mechanization, the implementation of food safety regulations, the effects of growing urbanization and increased demand, and the emphasis on quality control and standardization in the industry.

The meat and poultry processing equipment market is expected to see strong growth in the next few years. It will grow to $18.16 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The anticipated growth in the forecast period can be attributed to a heightened focus on food safety and hygiene, the increasing demand for processed foods, the adoption of sustainable processing practices, customization, and flexibility in production, as well as market expansion in developing regions. Major trends expected in the forecast period include the integration of automation and robotics, enhanced food safety measures, a greater emphasis on hygienic design, adaptation to changing consumer demands, and an ongoing commitment to efficiency and sustainability in the meat and poultry processing industry.

The anticipated increase in the consumption of processed meat and poultry products is set to drive the growth of the meat and poultry processing equipment market. Notably, the global meat production rose from 337.18 million tons in 2020 to 339 million tons in 2021, according to the Food and Agriculture Organization. This rise in consumption underscores the heightened demand for processed meat and poultry, consequently fueling the meat and poultry processing equipment market.

The increasing demand for ready-to-eat (RTE) foods is poised to contribute to the growth of the meat and poultry processing equipment market. For instance, the retail sales of packaged foods in Japan are predicted to reach $235.9 billion by 2026, reflecting a 9.1% increase from 2022, as per the Food Export Association of the Midwest USA. This surge in the demand for RTE foods is a significant driver for the meat and poultry processing equipment market.