Due to numerous health benefits associated with poultry meat products, need for poultry processing equipment is expected to increase remarkably in coming years. Proteins, vitamins, minerals, and omega-3 fatty acids are all included in poultry meat products. In poultry meat products, docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA) aid in weight management, cognitive function, and the prevention of Alzheimer's disease. Poultry processing equipment market is expected to grow promisingly during the forecast period.
MARKET SCOPE
The "Global Poultry Processing Equipment Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the poultry processing equipment market with detailed market segmentation by poultry type, equipment type, product type, and geography. The report provides key statistics on the market status of the leading poultry processing equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on poultry type, the global poultry processing equipment market is segmented into chicken, turkey, duck and others.
- On the basis of equipment type, the market is segmented into killing and defeathering, evisceration, cut-up, deboning and skinning, marinating and tumbling and others.
- Based on product type, the market is bifurcated into fresh processed, raw cooked, pre-cooked, raw fermented sausages, cured, dried and others.
MARKET DYNAMICS
Drivers:
- Surging consumption of poultry products such as turkey, chicken, duck and others.
- Increasing disposable income to boost market growth of poultry processing equipment.
Restraints:
- High cost of equipment and need of frequent maintenance
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The poultry processing equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the poultry processing equipment market in these regions.
IMPACT OF COVID-19 ON POULTRY PROCESSING EQUIPMENT MARKET
The outbreak of the COVID-19 has severely impacted the manufacturing, construction and other related industries adversely. The emergence of COVID-19 virus across the globe which led to lockdown scenarios has led to unprecedented series of border closures across the globe. This disruption of global supply chain has left an adverse impact on the manufacturing industry. Restrictions of limited workforce at production site has affected the market from supply side. All the mentioned factors have impacted the poultry processing equipment market negatively.
MARKET PLAYERS
The report covers key developments in the poultry processing equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from poultry processing equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for poultry processing equipment in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the poultry processing equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BAADER
- BAYLE SA
- Brower Equipment
- CG MFG
- CTB, Inc.
- Featherman Equipment
- JBT
- Key Technology
- Marel
- Prime Equipment Group, Inc.